 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 7 hours | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 14 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 14 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 14 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 14 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
Breaking News:
The Dramatic Fall of Mexico’s Oil Giant
Mexico's state-owned oil company, Pemex,…
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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…
Canada’s Largest Refiner’s Records Seized in Investigation
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 Lac-Mégantic, where it derailed…
Why North Dakota's Oil Future Just Got Brighter
U.S. Sens. John Hoeven and Heidi Heitkamp, bipartisan leaders from North Dakota, said the oil boom in their state just got louder with the passage of the Bureau of Land…
Ending the Oil Export Ban: Who will be the Winners and Losers?
One of the energy themes we need to keep track of in 2014 is the possible end of the crude oil export ban here in the US, in place since…
Desperate to Boost Oil Production, Venezuela Moves to Devalue Currency
On December 16, 2013, Venezuelan President Nicolas Maduro outlined plans to use a weaker exchange rate in order to lift the prospects of its ailing oil sector and deal with…
New Commodity Trading Rules Good for Big Oil
The move by banking and securities regulators to ban proprietary trading at financial institutions could put an end to Wall Street’s dominance in the commodity hedging game, giving greater…
Smart U.S. Oil Money is on Rail
U.S. oil production is breaking records standing for more than 20 years. With the International Energy Agency suggesting the boom won't last, smart investors will get behind rail as the…
Energy Secretary Signals Support for Revisiting U.S. Crude Export Ban
U.S. Energy Secretary Ernest Moniz, speaking to the Platts Global Energy Outlook Forum in New York on Thursday, said that it might be time for the U.S. to reconsider its…
Texas 2014 Oil Output to Surpass Some OPEC Members
Texas oil production is surging, and estimates for 2014 predict that output of more than 2.7 million barrels per day will push the Lone Star State’s production above OPEC members…
3 Never-Seen Events That Mean Big Changes For Oil Investing
This past month saw not one, but three first-ever happenings in crude oil markets. Oil is moving to places it never did before. With new alliances between buyers…
