 |
Louisiana Light • 2 days | 90.61 | -0.79 | -0.86% | ||
|
Bonny Light • 2 days | 94.55 | -1.05 | -1.10% | ||
|
Opec Basket • 2 days | 95.31 | -0.42 | -0.44% | ||
|
Mars US • 43 mins | 89.29 | +0.91 | +1.03% | ||
|
Gasoline • 1 hour | 2.562 | +0.018 | +0.72% |
|
Bonny Light • 2 days | 94.55 | -1.05 | -1.10% | ||
|
Girassol • 2 days | 95.92 | -0.63 | -0.65% | ||
|
Opec Basket • 2 days | 95.31 | -0.42 | -0.44% |
|
Peace Sour • 16 hours | 84.18 | -0.35 | -0.41% | ||
|
Light Sour Blend • 16 hours | 84.68 | -0.35 | -0.41% | ||
|
Syncrude Sweet Premium • 16 hours | 93.28 | -0.35 | -0.37% | ||
|
Central Alberta • 16 hours | 84.18 | -0.35 | -0.41% |
|
Eagle Ford • 2 days | 86.16 | -0.35 | -0.40% | ||
|
Oklahoma Sweet • 2 days | 86.25 | -0.25 | -0.29% | ||
|
Kansas Common • 5 days | 80.25 | +0.25 | +0.31% | ||
|
Buena Vista • 6 days | 95.08 | -0.15 | -0.16% |
Oil Jumps As Crude Inventories Draw
Oil prices moved higher on…
Alberta's Big Bet: Ditch Emissions, Not Oil
Alberta's Premier asserts the province…
Energy / Crude Oil
Fragile, but Comfortable, Oil Market Expected
The Organization of Petroleum Exporting Countries described the global economy as "subdued" and "fragile," predicting no immediate recovery in 2013. World oil demand is forecast to grow modestly as the…
Northern Gateway Pipeline at Risk as Enbridge Faces the Flack over Oil Spill
As the presidential campaign ramps up, Republican heir apparent Mitt Romney is being torn between advisors that want to make Obamacare the centrepiece of the campaign, and those that want…
Looming Peak Oil Crisis Means Economic Growth of the Past is not Possible
One has to go back to the 1930's to find a time when so much of civilization was in turmoil at once. The 30's ended with World War II, tens…
How Shale and Tight Oil Have Changed the Look of US Oil Production
Since 2005, the "total oil supply" for the United States as reported by the Energy Information Administration increased by 2.2 million barrels per day. Of this, 1.3 mb/d, or…
Caspian Sea Oil Dispute Flairs Up Again Between Azerbaijan & Turkmenistan
Azerbaijan and Turkmenistan are at it again, feuding over a lucrative patch of the Caspian Sea. Russia would likely be the chief beneficiary of Caspian discord, if it continues.
A Critical Appraisal of Leonardo Maugeri's Decline Rate Assumptions
This is a guest post by Stephen Sorrell, senior lecturer Science and Technology Policy Research, Sussex Energy Group, and lead author of the UKERC Global Oil Depletion report, and Christophe…
Changing the Definition of 'Oil' to Make the Figures Look Better
Everyone knows that world oil production has been running between 88 and 89 million barrels per day (mbpd) this year because government, industry and media sources tell us so.…
What Does the Future Hold for OPEC?
We’re coming up on 40 years of OPEC trying to set the price of oil as high as they can manage. The oil market is finally at a turning point,…
Oil-Drilling Trade-Offs: Keystone for Alaska
The Obama administration so far has stymied big oil’s efforts to move on the controversial Keystone XL pipeline, but the trade-off is a sure victory for Shell in the Alaskan…
Hedge your Bets in the Peak Oil Debate
There is nothing but “Sad News for Peak Oil Disciples” these days, according to the Financial Post.The latest example: Leonardo Maugeri, a fellow in the Geopolitics of Energy…
Weaning off Middle East Oil Means Less Than you Think
One expects the crazy talk to come out during an election season, but reports that the US is close to being weaned off Middle Eastern oil and set to become…
Little Protection Forecast from U.S. Oil Boom
When crude oil prices settled above $100 per barrel during the first quarter this year, the International Energy Agency noted that psychological risks were infused into oil markets. Tehran, at…
Whatever Happened to the Keystone XL Pipeline?
Four and a half years of studies and five failed votes in the House later, exactly where are we with the Keystone XL pipeline? Stuck on the US-Canadian border where…
No Dark Clouds on Oil Horizon
The U.S. Department of Energy predicted that OPEC will remain in relatively the same position in terms of market share at least through 2035. In terms of the pricing, the…
Should we Still be Concerned with Peak Oil?
With oil prices falling precipitously, this seems like a good time to reassess the widely anticipated phenomenon known as peak oil. How much of a threat is it as we…
Oil in the Bahamas - Potential Replay of BP/Gulf of Mexico?
Mention the Bahamas to most people and you’ll get a sigh, followed by imagined images of a tropical paradise surrounded by azure waters.That romantic image may be about…
Iran Looking for Dragons in Caspian Sea
Iran announced this week that it's made its first oil discovery in the Caspian Sea in more than 100 years. The semiofficial Fars News Agency reports the find, in ultradeep…
Turkey, Once a Major Importer of Iranian Oil, Turns Towards Libya
What a difference international sanctions and intense U.S. pressure make.Turkey in March imported more than 270,000 barrels per day of oil from Iran, nearly triple the previous month’s…
Al-Qaeda Only Partly to Blame for Yemen Oil Crisis
Oil production in Yemen has for all intents and purposes halted, with no immediate solution for recovery, and uncertainty over whether Saudi Arabia will maintain the flow of free oil…
Why we Should Love Oil Companies
This election year, America faces many crucial legislative choices in the oil/gas industry–and the PR strategy of oil companies will certainly affect the outcome.What should oil company executives…
