 |
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 • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.749 | +0.014 | +0.53% |
|
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 • 3 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 3 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 3 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 3 hours | 76.41 | -0.55 | -0.71% |
|
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% |
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Energy / Energy-General
The $100 Oil Debate
WTI and Brent continued to climb higher on Friday and more bullish indicators suggest the rally has only just begun. (Click to enlarge)
U.S. Rig Count Sees Modest Increase Amid Soaring Oil Prices
Baker Hughes reported an increase of a single oil and gas rig in the United States this week, bringing the total number of active oil and gas rigs to 1,054…
Oil Market Shocked As China’s Top Refiner Halves Iranian Oil Imports
China’s top refiner Sinopec is halving its oil imports from Iran as of September, bowing to pressure from the United States, which is seeking to bring Iranian oil exports down…
The Inevitable Oil Supply Crunch
“The warning signs are there – the industry isn’t finding enough oil.” That’s the start of a new report from Wood Mackenzie, which concludes that a supply gap could…
Outages Could Threaten New England’s Gas Market
After frequent rescheduling and downgrading, including a last-minute delay after market close last Friday, September 21, New England’s main natural gas pipeline, Algonquin Gas Transmission (AGT), may finally run their…
Norway's Central Bank Fears An Oil Price Spike
Rising oil prices have helped the finances and economies of the big oil-producing nations a lot. Western Europe’s largest oil and gas producer, Norway, is no exception. Norway’s economic growth…
$80 Oil: Increased Investment Or Demand Destruction?
Amid all of the talk and conjecture of where global oil prices are heading, Shell CEO Martin van Beurden said yesterday that $80 per barrel is not an unreasonable…
The U.S. Will Ensure A “Well Supplied Oil Market”
“We will ensure prior to the reimposition of our sanctions that we have a well supplied oil market,” the special U.S. envoy for Iran, Brian Hook told the United…
Oil Markets Unimpressed By Small Crude Build
A day after the American Petroleum Institute reported an inventory build that some traders took as a surprise and started selling their oil holdings, the EIA confirmed a…
Shell CEO: $80 Oil To Boost Energy Infrastructure Investment
Brent Crude at $80 a barrel is not an “unreasonable” price of oil, and it will support investment in oil and gas infrastructure after the downturn, Shell’s chief executive Ben…
The Future Of Global LNG Is Here
Global liquefied natural gas (LNG) markets have evolved in just a few years, morphing from a somewhat limited supply of the super-cooled fuel as recently as four years ago to…
Can Nord Stream 2 Be Stopped?
Pipelines, for a long time, were the most important method of transportation for natural gas. This fixed form of infrastructure has the advantage of lower transportation costs in the long-term.…
Brent Oil Breaks Its Post-Crash High
WTI and Brent rallied on Monday and Tuesday, ahead of the API inventories report as traders grew more concerned that sanctions on Iran can have a strong impact on global…
Why OPEC Didn’t Intervene In Oil Markets
Brent jumped above $80 per barrel on Monday, coming on the heels of the decision by the OPEC+ coalition to do nothing in the face of the tightening oil market.…
What Will Trigger The Next Oil Price Crash?
Are we nearing another financial crisis? The supply-side story for oil prices is heavily skewed to the upside, with production losses from Iran and Venezuela causing a rapid tightening of…
Is The Bakken Close To Breaking?
While the Permian has experienced a drilling boom and has received tons of media attention, a lesser-known but still remarkable revival has been underway in the Bakken this year. At…
Maduro Looks To China For A Bailout
Venezuelan President cum dictator Nicolas Maduro has announced that his nation is set to increase its oil exports to China to a staggering one million barrels per day (bpd)…
Why Peak Oil Demand Doesn’t Matter
Although natural gas is projected to be the fastest-growing fossil fuel over the next two decades, the global oil market won't likely be far behind. Multiple organizations project that global…
Russian Oil Production Hits Post-Soviet Record
While there has been no love-loss between the U.S. and Russia in recent years, news coming out of Moscow yesterday was sure to cheer the most ardent Russian naysayers in…
What Will Trigger The Next Oil Price Crash?
Are we nearing another financial crisis? The supply-side story for oil prices is heavily skewed to the upside, with production losses from Iran and Venezuela causing a rapid tightening of…
