 |
Louisiana Light • 2 days | 82.77 | -0.13 | -0.16% | ||
|
Bonny Light • 2 days | 84.01 | -0.44 | -0.52% | ||
|
Opec Basket • 2 days | 83.60 | -0.14 | -0.17% | ||
|
Mars US • 187 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.538 | -0.006 | -0.22% |
|
Bonny Light • 2 days | 84.01 | -0.44 | -0.52% | ||
|
Girassol • 2 days | 84.95 | -0.49 | -0.57% | ||
|
Opec Basket • 2 days | 83.60 | -0.14 | -0.17% |
|
Peace Sour • 14 hours | 71.58 | -0.10 | -0.14% | ||
|
Light Sour Blend • 14 hours | 74.63 | -0.10 | -0.13% | ||
|
Syncrude Sweet Premium • 14 hours | 81.58 | -0.10 | -0.12% | ||
|
Central Alberta • 14 hours | 71.98 | -0.10 | -0.14% |
|
Eagle Ford • 2 days | 74.86 | -0.10 | -0.13% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +0.00 | +0.00% | ||
|
Kansas Common • 8 days | 69.25 | -3.00 | -4.15% | ||
|
Buena Vista • 3 days | 83.20 | +0.37 | +0.45% |
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Energy / Crude Oil
Not so Fast on Libyan Oil Optimism
We may be seeing the first boost in Libyan oil production in 10 months, which the markets are eyeing hungrily, but don’t jump the gun on this one—Libya’s oil…
Oil Glut Threatens US Shale Revolution
The year 2014 could pose a milestone for the U.S. oil industry. In its latest annual World Energy Outlook, the International Energy Agency predicted that the U.S. would become…
California Water Crisis May Head off Potential Oil Boom
Drilling for oil in California dates back to the late 19th Century, allowing it to become the country’s top producer by the beginning of the 20th. One hundred years later,…
DOT-111 Safety Major Issue in Crude-By-Rail Debate
Experts from the Canadian rail industry, regulators, and representatives from all levels of government met in Ottawa on Monday to discuss the increasing number of tank car derailments and subsequent…
Lifting the Oil Export Ban: Where the Refiners Stand
As the debate over whether to lift the US ban on crude oil exports intensifies, producers will clearly benefit, but the situation for refiners is more complicated, but most are…
China’s Bold $10 Billion Investment in Nigerian Hydrocarbons
Developers in the pursuit of commercially available oil found it in Nigeria in 1956, with the country’s first oil field beginning production in 1958. The last 56 years have seen…
API Predicts Massive Oil Industry Spending Spree
Energy companies will spend close to $1 trillion on oil and gas infrastructure and storage over the next decade, to support more than 900,000 US jobs as the US becomes…
This Week in Energy: US Oil Exports: What Goes Unnoticed
Quick note: Before we get started on this weeks report I wanted to briefly mention that today’s Oilprice Premium is a MUST READ for all our visitors. Dan…
Mother Nature Sends Oil Sector Strong Message
British Prime Minister David Cameron said he suspected the recent extreme winter weather may be a result of climate change, something the World Meteorological Organization said last year was tied…
Peak Oil becomes an Issue Again after the IEA Revised its Predictions
Among the big energy stories of 2013, “peak oil” -- the once-popular notion that worldwide oil production would soon reach a maximum level and begin an irreversible decline -- was…
Kashagan, Down but not Out
In the past two decades since the collapse of the USSR Kazakhstan has become a major oil producer. In 2013 Kazakhstan’s oil production surged to roughly 1.64 million barrels per…
Buffett Looks at Pipelines after North Dakota Train Wreck
Amid fears that regulators may move to tighten safety rules for crude oil shipments from North Dakota after the fiery derailment last week of an oil train, Warren Buffett’s Berkshire…
Statoil Strikes Again in North Sea
Norway’s Statoil has announced two oil and gas discoveries in the Norwegian part of the North Sea, highlighting the potential for more discoveries in an area already thought to be…
Why the U.S. Oil Boom may go off the Rails
Lawmakers and U.S. regulators began asking questions about the safety of transporting oil on the nation's rail system following a December derailment in North Dakota. The emerging anxiety about midstream…
Wave of Violence Threatens Ambitious Iraqi Oil Goals
A wave of violence has swept parts of Iraq at the start of 2014 as the central government fights back against Al-Qaeda aligned militants in Anbar Province. The Islamic…
Kurdish Crude Exports Stop in Turkey
Crude oil has started flowing from Kurdistan to Turkey, but it’s stuck in the purgatory of Turkey’s Ceyhan export hub and will not be exported any further until Turkey reaches…
North Dakota Oil Train Conflagration Prompts Increased Federal Scrutiny
The year 2013 has ended on a worrying note for oil producers in North America’s Bakken region, as a series of recent train incidents in both Canada and the U.S.…
Albertan Bitumen Heading for the Great Lakes
It is no secret that oil transportation infrastructure in North America is strained and Albertan oil is having a difficult time getting to market. Pipeline construction is chronically delayed and…
Will the Mexican Oil Bubble Burst Before its Even Begun?
Recent reforms that would open oil exploration and development in Mexico to major oil companies for the first time in decades has the media all atwitter about the prospects…
Gazprom Flag Planted Firmly in Arctic
Greenpeace International continued to express alarm over oil activity in the pristine arctic climate even as the last of its non-Russian activists were freed from prison. For Russia's Gazprom, their…
