 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 1 day | 84.86 | -0.57 | -0.67% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 18 mins | 2.605 | +0.009 | +0.34% |
|
Bonny Light • 1 day | 84.86 | -0.57 | -0.67% | ||
|
Girassol • 1 day | 85.78 | -0.59 | -0.68% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 24 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 24 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 24 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 24 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 75.48 | -2.93 | -3.74% | ||
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Oklahoma Sweet • 2 days | 75.50 | -2.75 | -3.51% | ||
|
Kansas Common • 3 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 4 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June
Despite some crude inventory builds…
Texas Deepwater Oil Export Projects Stall
Four projects were planned offshore…
Energy / Crude Oil
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…
Elections in Norway Decisive for Oil Drillers
Bottom Line: Norway’s September elections will likely end the battle over oil drilling off the Lofoten islands and pave the way most notably for Statoil ASA (STL) to drill for…
Ecuador Opens Oil Blocks in Amazon Rainforest
Rafael Correa, the extremely popular president of Ecuador, announced the decision to open additional blocks (Ishpingo, Tambococha, Tiputini) of the Yasuni National Park on 16 August 2013. These…
Tullow to Start Pumping in Kenya Next Year
UK-based Tullow Oil Plc (TLW) has announced it will begin pumping its first oil in Kenya as soon as next year, and that Kenya will begin exporting already in
Chevron Regains Foothold in Argentina’s Oil Sector
What a difference a year makes. Fiercely nationalistic Argentina is again allowing foreign oil firms back into the country.On 16 July Chevron and state energy firm Yacimientos Petroliferos…
New Enhanced Oil Recovery Technique Boosts Production to 85%
A team at Canada’s University of Regina (UR) is researching and developing an enhanced heavy oil recovery (EHOR) process called Cyclic Production with Continuous Solvent Injection (CPCSI).
Points to Note when Determining the Real Story of Oil Limits
The story of oil limits is one that crosses many disciplines. It is not an easy one to understand. Most of those who are writing about peak oil come from…
Drilling for Oil in 2013 – Where are the Hotspots
The news that Saudi Arabia is planning to employ 200 drilling rigs next year (up from 20 back in 2005) suggests that there is a recognition that future reserves…
All Eyes on Iran’s Next Oil Chief
Bottom Line: Newly elected Iranian President Hassan Rohani has chosen his new oil minister, but the Supreme Leader is sending signals that the choice is not acceptable to hardliners.
Mexico Wants Foreign Private Investment in Oil Sector
Mexican President Enrique Pena Nieto unveiled plans this week to amend articles of the Constitution that prohibit private investment in the country's oil industry. The state company Pemex would remain…
GDP Growth must Slow as Oil Limits are Reached
We know the world economic pattern we have been used to in years past–world population grows, resource usage grows (including energy resources), and debt increases. The economy grows fast enough…
Back to the Oil Basics in Pennsylvania
Pennsylvania’s proved natural gas reserves rose 90% in 2011, contributing 41% to the overall US increase, according to a new report by the Energy Information Administration (EIA), but while this…
Georgia Seeks Expanded Role as Caspian Energy Corridor
For energy bereft countries, the next best thing is to position your nation as a transit nation crisscrossed by a skein of pipelines, in order to extract transportation fees from…
How Much is Oil Supporting U.S. Employment Gains?
The American Petroleum Institute said last week the U.S. oil and natural gas sector was an engine driving job growth. Eight percent of the U.S. economy is supported by the…
Canada Threatens U.S. with Oil Trains if Keystone XL Not Built
On 6 July, a Montreal, Maine & Atlantic train carrying 72 tank cars filled with oil exploded after its brakes apparently failed, sending it rolling into the small Quebec town…
What Happens to Oil Markets if Iraq Collapses?
Oil production from Iraq may be in decline along with political stability in the country. The government aims to produce 9 million barrels of oil per day by the end…
What Happens When the Oil Runs Out?
Summary of a lecture by Professor Chris Rhodes to the Conway Hall Ethical Society, Conway Hall, Red Lion Square, London. 11.00 am, Sunday July 28th, 2013. The world…
Will Quebec Tragedy Derail Heavy Oil Upswing?
Canada’s heavy oil producers are reveling in a price rebound, but its spurred by increased rail shipments, shadowed by the tragic Quebec train crash that killed an estimated 47 people.
Will Big Oil Lose its Alaska Tax Break?
A major tax break for oil companies signed into law in May is now the heart of a battle between industry-friendly politicians who say the tax break will boost sluggish…
Oil Production Aside, Middle East still Matters
Labor demonstrations in eastern Libya have forced the closure of a key port for nearly a week. A small band of protesters have created big problems for the country as…
