 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.743 | +0.009 | +0.31% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 5 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 5 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 5 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 5 hours | 76.41 | -0.55 | -0.71% |
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Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
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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% |
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
U.S. Senator Pushes for Ban on Chinese Electric Vehicles
Senator Brown urges President Biden…
Energy / Energy-General
Oil Company Growth Strategies Are “Value-Destroying”
Oil and gas companies that have pursued production or reserve growth have underperformed companies that have instead focused on shareholder returns, even if that meant slower growth. More to the…
How Long Will This Oil Rally Last?
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading higher on Friday and for the week for a number of reasons, mostly affecting the supply side. The…
Is This The Tipping Point For Electric Vehicles?
A new report by McKinsey forecasts a rapid switch from gas guzzlers to electric vehicles on the world's roads will be boosted by the plummeting costs of owning a battery powered…
A Big Week For Oil Bulls
Oil prices headed higher on Friday for the fifth day in a row as fears related to U.S.-China trade talks subsided and production cuts continued to make headlines. Friday, February…
US Drillers See Modest Rise In Oil Rigs As Prices Hold
Baker Hughes reported an increase in the number of active oil and gas rigs in the United States this week. The total number of active oil and gas drilling rigs…
Saudi Aramco Makes Existential Bet On Oil
Undeterred by the prospect of peak oil demand, Saudi Arabia is betting its long-term future on oil. Not only is Saudi Arabia pouring investment into lifting oil production capacity at…
‘’Lower Your Costs, Or Die’’ Big Oil’s New Mantra
Fracking and the booming short-cycle shale production in the Permian have revolutionized not only U.S. crude oil production. The prolific shale basin in West Texas and New Mexico has also…
How Blockchain Is Changing The Face Of Oil Trading
As the hype around blockchain subsides and actual applications come to light, the technology is beginning to change the face of a huge industry: crude oil and gas trading. This…
Russian Energy Minister: We Avoided $25 Oil With OPEC Deal
The OPEC/non-OPEC production cut agreement has significantly benefited Russia’s budget and companies, as it put a floor under oil prices, Russian Energy Minister Alexander Novak said on Thursday. Oil…
Maduro Says Oil Output Will Rise By 1 Million Bpd
Venezuela’s president Nicolas Maduro has declared that the country will increase its crude oil production by 1 million bpd along with production increases in other commodity sectors, TASS reports,…
2 Reasons Why Big Oil Isn’t Rushing Into Renewables
Squeezed between peak oil demand forecasts and investor demand for increasingly environmentally conscious investments, the world’s largest oil companies have started to venture into clean energy and new technologies in…
A New Twist In Europe’s Ongoing Gas Drama
More news has broken about Germany’s natural gas plans that could help provide markets for U.S. liquefied natural gas (LNG), but could also cause problems for the nearly completed Nord…
The February Hangover In Oil Markets
Have you ever celebrated an event too much? The next day isn’t always very fun. Sometimes the most enjoyable events in life such as holiday parties, weddings and birthdays are…
Global Intelligence Report - 13th February 2019
Sources -Western diplomat in Libya- Libyan government official- Energy consultant with background in Libyan oil plays- Political analyst/expert on Libyan domestic politics and geopolitics- Turkish private…
Iran’s Present Is Shaky, Its Future Is Precarious
It is genuinely difficult to predict what the Iran conundrum would lead to in the end, however, the current setup appears to be a very sophisticated collision course. Quite remarkably,…
LNG’s Downstream Glitch
A slowing Chinese economy and upcoming elections in India could both impact a hitherto robust demand outlook for the LNG industry, which currently occupies an enviable place in the energy…
Markets Impressed By Extra Saudi Production Cuts
After the uncertainty and stress of the past weeks, the mid-February oil market is definitely showing signs of a more favorable working environment for all of us. Saudi Arabia has…
Looming Elections Could Exacerbate Alberta’s Pipeline Problems
As Canada continues to struggle with a dire deficit in pipeline capacity, the government is looking for new solutions. With oil prices deep in decline, the Alberta provincial government has…
Texas Oil Production Breaks New Record
The state of Texas now has even more bragging rights in the U.S. Oil Patch, and even globally According to a new report from the Texas Independent Producers Royalty…
Oil Market Tightens On OPEC Cuts
Oil prices rose on Tuesday afternoon as Saudi Arabia pledged deeper cuts in March while its biggest partner in the deal, Russia has failed to commit to its part of…
