 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 20 hours | 84.86 | -0.57 | -0.67% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.605 | +0.008 | +0.32% |
|
Bonny Light • 20 hours | 84.86 | -0.57 | -0.67% | ||
|
Girassol • 20 hours | 85.78 | -0.59 | -0.68% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 19 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 19 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 19 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 19 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 75.48 | -2.93 | -3.74% | ||
|
Oklahoma Sweet • 2 days | 75.50 | -2.75 | -3.51% | ||
|
Kansas Common • 3 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 4 days | 87.60 | -1.22 | -1.37% |
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Energy / Energy-General
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The controversy of the Trans Mountain pipeline expansion projects has so far focused more on the implications of the project’s delay for Albertan crude oil producers. Yet, the developments around…
Iran Sanctions Could Backfire On U.S. Drillers
The United States is upping the ante in its effort to sanction Iran, and its efforts may further complicate its ongoing trade war with China and affect the flow of…
Venezuela’s Key Refineries At Risk Of Seizure
In 2007, following Venezuela’s expropriation of billions of dollars of assets from U.S. companies like ExxonMobil and ConocoPhillips, I suggested a potential remedy. Since Venezuela’s state-owned oil company, PDVSA (Petróleos de…
Egypt Aims For Natural Gas Dominance In The Mediterranean
The natural market gas in the Eastern Mediterranean is in full ebullition – with Egypt determined to be the center of this regional marketplace. The country faces challenges, including maintaining…
How To Trade The Turkish Crisis
Financial markets reacting negatively to a seemingly obscure or remote risk was commonplace not that long ago. Whether it was a slightly disappointing Chinese growth number, fears about the future…
U.S., China Trade War Puts A Lid On Oil
The oil market has suddenly gone south in recent weeks, with cracks in the global economy starting to drag down oil. The U.S.-China trade war is one of the drivers…
Bears Are Back In The Oil Market
Friday August 17, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Global Energy Advisory – 17th August 2018
The Permian once again reaffirmed its status as the star shale play in the United States after Diamondback announced it had inked a merger deal worth $9.2 billion with…
Demand Pitfalls, High Supply Threaten Long-Term Trend
Despite rebounding on Thursday and early Friday, October West Texas Intermediate crude oil futures are heading for a third consecutive weekly decline and its sixth weekly lower close out of…
WTI Set For Longest Weekly Losing Streak Since 2015
WTI Crude prices were up early on Friday but still headed for a seventh consecutive weekly loss—the longest losing streak since 2015—as fears of escalating trade wars and a…
Cracks In Global Economy Weigh On Oil Markets
Oil posted steep losses mid-week on sudden concerns about global economic stability. (Click to enlarge) (Click to enlarge)
U.S. Drillers Turn On The Brakes—Rig Count Remains Unchanged
Baker Hughes reported no change to the number of active oil and gas rigs in the United States on Friday. Oil and gas rigs stayed at 1,057, according to…
Nigeria’s State Owned Oil Company To Go Public
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Can U.S. Shale Stop A Global Oil Supply Crisis?
Despite an expected slowdown in Permian growth rates, the U.S. shale patch is increasing production and will continue to do so this year and next. Oil market investors and analysts…
Keystone XL Delayed…Again
You wouldn’t believe it, but the Keystone XL project, now a decade old, has hit yet another legal snag, which could delay construction once again. A U.S. federal judge ruled…
Is Mexico Set To Boost Oil Output?
On July 27, Mexican president-elect Andrés Manuel López Obrador said his government will earmark more than $9 billion for state-run energy companies next year and start working on a new…
Trade War May Push China To Russian Energy
Although China has backpedaled on proposed tariffs on U.S. crude imports, the move is indicative of its need to diversify sources and steps may now be taken to enable China…
All-Time Low Spare Capacity Could Send Oil To $150
While the oil market and analysts are trying to guesstimate how much Iranian oil the U.S. sanctions will stifle later this year, they all agree that the return of the…
