 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 15 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 23 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 23 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 23 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 23 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
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Energy / Energy-General
Canada’s Economic Recovery Is Being Driven By Oil
Canada’s gross domestic product grew at a faster pace than forecast in May, led by the oil and gas industry and more specifically, oil sands. Statistics Canada reported that…
Mexico's Next President Will Pour Billions Into Oil
Mexico’s national oil company is about to receive an injection of cash. Incoming President-elect Andres Manuel Lopez Obrador, or AMLO, has promised to invest around 175 billion pesos ($9.4 billion)…
The Winners And Losers This Earnings Season
Higher oil prices this year boosted the earnings of all five Big Oil firms in the second quarter, but despite the increased profits, not all five oil supermajors—Exxon, Chevron, Shell,…
Russia’s High Risk Global Oil Strategy
The energy industry is highly sensitive to U.S. sanctions due to the petrodollar being the single most important currency in global trade. Washington is able to exert significant influence by…
Exxon’s Shocking Supply And Demand Predictions
Here are the latest oil production numbers from the EIA. All data is in thousand barrels per day unless otherwise noted. (Click to…
Was The Aramco IPO Destined To Fail?
Since late 2016 the financial media has been abuzz about what would likely be the biggest initial public offering (IPO) ever: The sale of 5 percent of the world's largest…
Is A Supply Crunch In Oil Markets Inevitable?
The oil industry is more profitable than at any time in years, yet the industry could fail to supply enough oil to meet global demand in just a few years’…
China Sets Up EV Battery Recycling Scheme
While scores of research labs around the world look for ways to replace lithium-ion batteries with cheaper and more reliable alternatives, China has started a pilot EV battery recycling program…
U.S. Military Bases In Europe Depend On Russian Energy
As Russia aims to tighten its grip over European energy supply, especially in natural gas with the controversial Nord Stream 2 pipeline project, Europe’s energy dependence on Moscow is a…
PetroChina Sees Huge Boost In Profit
It’s a plight that affects all international oil majors, ranging from UK-based BP, to Irving Texas-based ExxonMobil, the world’s largest publicly traded oil company, to China’s state-owned oil and gas…
Oil Prices Seesaw As Uncertainty Grips Markets
Oil prices fell on Tuesday as both WTI and Brent look set to close out July with the biggest monthly loss in over a year.
The Huge Battle For Fuel Efficiency Standards Starts Now
The Trump administration is set to roll out a historic weakening of fuel economy standards for the nation’s auto fleet, and, crucially, the government will seek to revoke the unique…
Houthis Prepared To Halt Oil Tanker Attacks
The Iran-aligned Houthi group in Yemen is ready to unilaterally suspend attacks in the Red Sea to support efforts to reach peace, a Houthi leader said on Tuesday, a few…
An Unexpected Windfall For U.S. Solar
U.S. solar power companies are benefiting from a slump in global PV panel prices following China’s decision to substantially reduce subsidies for the solar industry, which led to the quick…
Oil Prices Unlikely To Breakout Or Collapse
Oil prices took a breather in the second half of July, but the price correction may have been a temporary reprieve rather than the start of another downturn. On Monday,…
The Oil And Gas Boom Sends U.S. GDP Soaring
Higher oil prices this year boosted U.S. oil production, and the U.S. oil industry played a large part in America’s impressive second quarter economic growth—the fastest growth since the third…
OPEC Oil Production Hits 2018 High In July
OPEC’s oil production jumped to a 2018 high in July, as Saudi Arabia and its close Gulf allies boosted production, a Reuters survey showed on Monday. OPEC’s production was…
LNG Prices Soar As Heatwave Hits Eastern Asia
Japan, known for its aversion to using oil for power generation, has had little choice but to ramp up its usage of the dirtier burning hydrocarbon amid a deadly heatwave…
The EU, U.S. LNG Deal Won’t Work
A visit from Jean-Claude Juncker, the President of the European Commission, to Washington last week resulted in an agreement between two of the biggest economic blocs in the world, which…
Bypassing The World’s Key Oil Chokepoints
The suspension of oil shipments through the strait of Bab el-Mandeb this week by Saudi Arabia, coming shortly after a threat by Iran to shut the strait of Hormuz, raised…
