 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 24 hours | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.582 | +0.004 | +0.16% |
|
Bonny Light • 24 hours | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 24 hours | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 23 hours | 75.13 | -0.70 | -0.92% | ||
|
Light Sour Blend • 23 hours | 78.18 | -0.70 | -0.89% | ||
|
Syncrude Sweet Premium • 23 hours | 85.13 | -0.70 | -0.82% | ||
|
Central Alberta • 23 hours | 75.53 | -0.70 | -0.92% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
Breaking News:
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Energy / Crude Oil
Brazilian Policies Scare off Oil Majors
First, the good news.Later this month, on at a 21 October auction, Brazil will sell off leases in its massive Libra southern Atlantic offshore oil field, with high…
Iranian Crude may be Vital as Global Producers Fail to Meet Targets
There has been considerable comment this week over the telephone call between President Obama and the President Rouhani of Iran. Certainly the election of a new President in Iran…
Record Oil Outputs in Saudi Arabia Fail to Ease Shortage Anxiety
Saudi Arabia, along with OPEC neighbors Kuwait and the United Arab Emirates, exported a record high of crude oil this August. Despite pumping out 10.2 million barrels per day, the…
Shell Abandons 800 Billion Barrel Deposit, Beaten by the Regions Geology
The belief that technology can always overcome natural limits just took a big hit this week when Royal Dutch Shell PLC decided to shut down its pilot oil shale…
Canada to Drill for Offshore North Atlantic Oil
First, the good news.Canada’s Calgary-based Husky Energy Inc. and its Norwegian partner Statoil ASA announced a major oil discovery in offshore Newfoundland and Labrador Flemish Pass Basin.
Big Oil Moves North Despite Climate Woes
The Intergovernmental Panel on Climate Change said Friday the sea ice in the arctic has melted at a rate of at least 9 percent per decade since the late 1970s.…
Canadian Oil Could Soon Head West by Rail
CN Rail, Nexen, and Ottawa are considering plans to ship Albertan oil to the West Coast of Canada by train, according to new documents obtained by Greenpeace Canada under…
1.5 Billion Barrels of Oil – And No Takers
Western energy firms are noted for venturing into volatile regions and areas that scare off more faint-hearted capitalists. But one country is even giving these hardened energy companies…
Peak Oil Demand: Peak Oil Didn’t Go Away, it Just Changed its Name
A new phrase has entered our energy lexicon—peak oil demand. The essential idea: prophets of doom who warned about a looming global petroleum shortfall (“peak oil”) were wrong; instead…
Where's the Next Play for the Giants of Oil?
What will they do with all that cash?That’s the question investors are asking of major oil firms like Apache (NYSE: APA). The company recently completed a…
Libya: The Fate of Oil under an Impotent Government
As all attention is focused on Syria, and wondering how oil prices might respond to a US strike, where oil is concerned the focus should be on Iraq, which is…
China Buys $5 Billion Share in Kazakhstan’s Kashagan Caspian Field
One of the greatest overlooked stories of the past two decades is China’s slow economic penetration of the former Soviet Central Asian states. Chinese President Xi Jinping, visiting Kazakhstan on…
Nigeria becoming World’s 1st Failed Petrostate?
If it is not common for insurgencies to telegraph their intentions in advance, as it can provide defenders with valuable early intelligence, then Nigeria’s Movement for the Emancipation of the…
How Events in Syria Affect the Global Oil Markets
The growing likelihood [1], [2], [3] of U.S. military action in Syria seems to be one factor in the recent sharp rise in oil prices.
Mali: Straight out of Conflict into Exploration
Mali can barely be called “post-conflict”—despite the rhetoric following the conclusion of 11 August runoff elections—yet oil exploration deals are already being cut in the north. Indeed, they were being…
Looking for the Next Mega Oil Play
News came out last week that Apache is divesting a big chunk of its Egyptian oil acreage.The company will sell one-third of its rights there to Sinopec for…
Tight Global Oil Supplies Turn Syria into an International Problem
I've been watching old episodes of The West Wing, the acclaimed television series about life and work in the West Wing of the White House. In one sequence of…
Syria Barely a Blip on International Oil Market
The International Energy Agency said last week it was staying on the sidelines despite the recent spike in crude oil prices. Brent prices are up more than 10 percent since…
U.S. Regulators Start Oil-by-Rail Probe
U.S. regulators said last year was the safest on record for the rail industry. In terms of volume, the Association of American Railroads said the cumulative volume of carloads carried…
Kerogen Oil Shale: The Next Rock of Ages?
As with everything else, it’s all about economic feasibility. This is the story of kerogen (oil shale), and could be a huge one, or it could just stay in the…
