 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 21 hours | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 hours | 2.732 | -0.003 | -0.10% |
|
Bonny Light • 21 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 21 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 20 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 20 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 20 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 20 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Oil Moves Higher on Inventory Draw
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Javier Blas: 10 Things Oil Traders Need to Know About Iran's Attack on Israel
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Energy / Crude Oil
Peak Oil: Gone for Now but Celebrations will be Short Lived
Given the increase in the amount of oil that China and India are importing, it looks as if there will be no oil available for other countries to import in…
Oil, Much as Weapons, is Dangerous in the Wrong Hands
The discovery of oil in the Middle East around the 1930s has had a drastic effect on the lives of the people in the region. In most instances this black…
The Top Oil Finds for January and February that should be on Your Radar
(This report is part of Oilprice.com’s premium publication Oil & Energy Insider. Oil & Energy Insider gives subscribers an information advantage when investing, trading or doing business in the…
Cheney-Linked Company to Drill in Occupied Golan Heights
The Israeli government awarded a local subsidiary of U.S.-based Genie Energy the rights to explore for oil and natural gas in about 150 square miles of the southern section of…
Angola and Ghana: West Africa's New Gems
Sweet Angola’s Sweet, Light Crude OPEC-member Angola is a leading producer of crude in Sub-Saharan Africa; more than one-third of all offshore oil discoveries in the region in…
Discovering 2013: The Top Finds of the Last Two Months
Last year was a record one for major new discoveries, and 2013 has so far demonstrated that the road to discovery still has plenty of mileage. The past two months…
ECUADOR: Correa and the Future of Oil
Bottom line: Foreign investment, though crucial for improving oil production levels in Ecuador, will remain far below potential for political reasons.Analysis: On 17 February 2013, President Rafael Correa…
Governments Must Work together to Avoid a Peak Oil Scenario
Decline in output from the world's oil fields is averaging 5% per year, with some speculation that we may have reached the global production limit for conventional crude…
Keystone XL: Celebrities Won't Help the Cause
Both the protest movement against Keystone XL and the industry attempt to prove that Americans want it, are irrelevant: Keystone is set in stone and nothing indicates this more clearly…
Crude Oil Pipelines Planned for the Future
The EIA last week released a nice summary of planned additional U.S. pipeline capacity.The reversal of the Seaway Pipeline began last May to carry 150,000 b/d…
Choosing the Right Oil Company to Own in 2013
I have been making the point about crude oil production and capex absolutely CONTROLLING the energy space right now and through 2013 and this week’s entry is perfect to point…
KENYA: Jordanian Company Quits Exploration License
Bottom Line: The decision by Jordan’s Edgo Energy to relinquish its offshore exploration license opens up opportunities for new explorers but highlights two key problems: the technical difficulty of drilling…
Super Majors Need to Step Up Their Oil Game
The oil super majors haven’t done anything terribly impressive in the past five years—a period that has seen the juniors shine in places like Iraqi Kurdistan, and even in Texas.
The Petroleum Rollercoaster
I wrote the following in a previous posting but there are a number of points of issue, which I shall now address. In particular, the aspect of the apparent…
Why Crude Oil Producers Will Outperform in 2013
I view oil through a 25-year career of daily engagement in the futures markets. It’s not the standard Wall Street view. I can’t describe how all that experience…
Oil Market Forecast & Review 8th February 2013
The 12-week crude oil rally appears to be running out of steam after reaching $98.24. Despite the close near the high last week, buyers were absent from the get-go this…
How does Fracking Differ from Conventional Oil Recovery
Before there were refrigerators folks kept drinks cool by putting them into clay jars that had been soaked in water. The evaporation of the water from the clay cooled the…
Oil Majors Support C02 Tax in Canada
Exxon Mobil Corp. (NYSE: XOM), France’s Total SA and Cenovus Energy Inc. (CVE) are all actually seeking the imposition of a tax on carbon dioxide emissions in Canada. It’s not…
Why has US Oil Consumption Steadily Fallen since 2004?
United States oil consumption in 2012 will be about 4.7 million barrels a day, or 20%, lower than it would have been, if the pre-2005 trend in oil consumption growth…
Glencore Poised to Become Largest Russian Oil Trader
An unprecedented deal between Russia’s state-controlled Rosneft and Glencore (GLEN:LN)—the world’s largest oil trader—gives Rosneft much-needed cash and positions Glencore to become the world’s largest trader of Russian oil. This…
