 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.731 | -0.004 | -0.13% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 8 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 8 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 8 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 8 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Oil Moves Higher on Inventory Draw
Crude oil prices ticked higher…
Should We Keep Investing in Oil and Gas? Experts Weigh In
The debate over whether to…
Energy / Crude Oil
Latest EIA Report Confirms What We Already Suspected
The EIA just released their International Energy Statistics with world production numbers through October 2014. There were no big surprises in this report.
EIA Inventory Announcement Scuppers Oil Rally Hopes
Between European uncertainty and last night's massive API inventory build (14.3mm barrels), Brent and WTI crude was sliding into today's inventory data - well off the…
OPEC Production Cut May Not Be Needed After All
U.S. tight oil production may fall 600,000 barrels per day by June 2015 based on reasonable projections of current rig counts. I compared the decrease in…
US Oil Production Could Provide A Few Surprises
The current US oil market is in the midst of a slugfest reminiscent of a Rocky fight, as competing…
What On Earth Are We Doing Looking For Oil In The Arctic?
Shell is back in; Statoil is pensive, but eager; and Russia is pushing ahead. Low prices have stunted exploration, but the Arctic is still…
Will Texas Survive The Downturn?
Here are some staggering statistics: Texas alone produces about 20-percent of all oil and gas in the United States. The sum-total of Lone Star oil and…
Surprising Production Numbers From North Dakota
The North Dakota Industrial Commission has released the Bakken and North Dakota monthly production numbers for December 2014. There was a bit of a surprise…
Libya Oil Output Plunges Amid Heightened Violence
Libya’s oil fields and infrastructure have come under attack multiple times over much of the last two years, but events have recently taken a turn for…
How Obama Could Turn The Keystone Debate To His Advantage
If you listen to the arguments for and against the Keystone Pipeline, you’re likely to come away thinking that either this pipeline is America’s greatest blessing or the world's greatest…
Oil In Global South Under The Gun
Oil and gas companies are paring back investments and slashing jobs, which is taking an enormous toll on oil-producing regions, particularly in North America. But it…
As Rig Count continues To Fall, Production Soars To Record Highs
Despite the dramatic plunge in rig counts, this week saw yet another surge in production to record highs and with storage levels getting close to full, it would seem -…
Can Technology Save Fracking?
The meteoric rise never felt sustainable – the numbers told us that. In 2013, US shale was responsible for approximately 20 percent of world investment in oil, while only…
Russia’s Complicated Relationship With OPEC
Russia, Saudi Arabia, and the United States are the world’s most important oil producers. While there has been a lot of discussion about Saudi Arabia’s move to crush U.S. shale…
Oil Searching For A Bottom As Union Threatens More Walkouts
The strike at US refineries got a bit bigger over the weekend – all amid the most volatile, and now downward, price swings seen in the last six years.…
Rosneft Chief Slams OPEC
Russia is seeking observer status in OPEC, but the CEO of Rosneft, its largest oil company, said there is no chance that Moscow would want to become a member. In…
Shale Rivals OPEC As Swing Producer
Could U.S. shale rival Saudi Arabia when it comes to playing the role of swing producer? Saudi Arabia has long been the only real oil producer in the world that…
Alaska May Provide Solution To Tar Sands Issue
The U.S. Congress is nearing final approval of a bill that would green light the Keystone XL pipeline. But with the President set to veto…
Inefficiencies Abound In U.S. Shale
Recent well performance in the Eagle Ford Shale play has declined among key operators. This is due in part to especially poor well performance by a…
OPEC Production Figures – Winners And Losers Aplenty
The latest OPEC Monthly Oil Market Report is out with all the OPEC crude only production numbers for January 2015. There were very little revisions…
After Saudi Arabia Crushes US Shale Who Will It Go After Next?
Whether it is to cripple the will of Putin and end his support of the Syria regime (thus handing the much desired gas-pipeline traversing territory over…
