 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.591 | +0.014 | +0.54% |
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 1 day | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 5 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 5 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 5 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 5 hours | 72.60 | -2.93 | -3.88% |
|
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% |
Four Big Mistakes in Deregulating the Electricity Industry
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How Iraq Continues To Trick Washington
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Energy / Energy-General
A Deepwater Dilemma
For the last couple of years, the deepwater drillers have been telling us that a recovery in day rates that would provide meaningful support for their share price, was right…
Is Venezuela’s Oil Production Set To Plunge Again?
With much of our attention focused on the resolution of the Iran conundrum, Venezuela heaved a temporary sigh of relief. Not only did it manage to overturn a seemingly terminal…
Oil Markets Struggle For Certainty
With tankers detained and drones shot down the geopolitical mess surrounding Iran does not look to be ending anytime soon. Iran’s seizure of a UK-owned chemical tanker and the brief…
Reuters: OPEC Cuts Weigh On Arab Oil Producing Economies
The extension of the OPEC+ oil production cuts into 2020 will impact the economies of the key Arab oil producers, according to a quarterly Reuters poll of 30 economists,…
Job Losses Hit As Shale Slows Down
Halliburton is cutting its workforce and shelving fracking equipment amid a slowdown in the U.S. shale industry. The oilfield services giant said that its revenue fell 13 percent in the…
Huge Crude Draw Fuels Oil Price Rally
A day after the American Petroleum Institute reported a stunning crude oil inventory draw of over 10 million barrels continuing a string of weekly declines, the Energy Information Administration…
Saudi Arabia’s Big IMO 2020 Lie
The recent announcement that Saudi Arabia’s Alfanar Group is to set up an office in the U.K. to oversee its multi-billion dollar renewable investments there is interesting not for says…
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The political fortunes of the Kurds have ebbed and flowed over the decades. After a good run since achieving semi-autonomy in northern Iraq following the 1991 Gulf War, shifting Middle…
Explosion Of Geopolitical Risk Isn’t Moving Oil
The tanker battles are escalating once again, but the threat of outages and rising tension in the Persian Gulf has failed to meaningfully move oil prices. On Friday, Iranian forces…
Oil Markets Ignore The Tanker War
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Venezuela’s Oil Production Could Soon Fall Below 500,000 Bpd
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Oil Tanker Off Yemen Coast Close To Exploding
An oil tanker idling off the coast of Yemen may be nearing an explosion, The Guardian reports citing experts and a warning by the UN-recognized Yemeni government. The government,…
Morgan Stanley: Why Tanker Wars Aren’t Causing An Oil Price Spike
The oil market has changed so much over the past five years that fast-growing non-OPEC oil production limits oil price gains from a spike in tensions in the Middle East,…
Why Is U.S. Demand For Solar Panels Booming?
Solar modules prices in the United States have reversed in recent months the trend of steady declines of the past few years, as many U.S. solar companies are hoarding panels…
The Robot Revolution In Oil & Gas Starts Here
There’s a lot of talk at the moment about the rise of the robot and the fourth subsea revolution. The industry has always been a major driver…
RBC: Natural Gas Glut Will Last Into 2020s
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Oil Market Prepares For Super Secret Mexico Hedge
Wall Street banks have started preparing their positions on oil ahead of the annual Mexico oil hedge, in which Mexico places bets of as much as US$1 billion to protect…
U.S. Shale Is Doomed No Matter What They Do
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The Ten Countries With The Greatest Fossil Fuel Production
Despite the rapid growth of renewable energy over the past decade, fossil fuels still dominate global energy consumption. According to BP’s recently-released Statistical Review of World Energy 2019, fossil fuels represented 84.7…
China Records Rare Drop In Gasoline Output
China recorded a year-on-year decline in its gasoline production in June 2019, the first time so far this year, which has also been rarely seen over past years. The country produced…
