 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.712 | -0.002 | -0.07% |
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 2 days | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 5 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 5 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 5 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 5 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% |
Breaking News:
Bullish Sentiment Has Taken Hold of Oil Markets
Oil prices surged above $90…
Tesla to Lay Off Over 10% of Global Workforce
Tesla is laying off over…
Energy / Energy-General
The Three Best Oil Majors Of 2018
Investors should feel confident about BP’s, Eni’s and Shell’s increased wave of new project approvals during the recent downturn. A Rystad Energy review of the performance of their recent projects…
Has Saudi Arabia Fooled Oil Analysts?
There is never a dull moment in the Desert Kingdom when looking at the ongoing economic changes taking place inside Saudi Arabia. The world’s largest oil company Saudi Aramco, the…
Can Oil Demand Rise Much Further?
Last month the 2018 BP Statistical Review of World Energy revealed that global oil production has now grown for eight straight years. Oil consumption rose to a new high…
Oilfield Service Majors See Bright Future Ahead
The first second-quarter results from the oilfield service sector are in, and despite some missed expectations, the future looks bright for two of the top three global oilfield service providers.…
Guyana’s Oil Reserves Are Larger Than Expected
Guyana’s recoverable offshore oil reserves are larger than expected—by almost a billion barrels, Hess Corp CEO John Hess said in a Monday press release. Gross discovered recoverable resources for…
Rosneft Sees Oil At $80 By Christmas
Rosneft’s chief executive Igor Sechin expects Brent could reach US$80 a barrel by this year’s end, Interfax reports citing a TV interview of the oil tycoon. The company’s budget…
IEA: World Is Not Spending Enough On Energy
Global energy investment fell by 2 percent in 2017, the third consecutive year of a decline, according to the International Energy Agency, which sounded the alarm this week, warning…
Baker Hughes, A GE Company: I Hate the Name but Like the Stock
Logically, the name of a company does not matter to investors at all. It should be all about profit and prospects, but I have never felt the same about Google…
Saudi Arabia Hits Pause Button On Higher Oil Output
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 sector. Each week we’ll…
Global Energy Advisory July 20th 2018
Trump wanted lower oil prices prior to Iran sanctions and US midterm elections. He’s got them. It’s been a rough ride for oil prices this week—culminating in the third-straight decline.…
Oversupply Concerns Plague Crude Markets
September West Texas Intermediate crude oil futures are in a position to close lower for the week despite clawing back most of its weekly loss since Wednesday. The price action…
Oil Regains Footing After Saudis Pause Production Surge
Though it has been an exciting week in oil markets, prices have stabilized in late week trading. (Click to enlarge)
Rig Count Drops As U.S. Crude Output Hit 11 Million Bpd
Baker Hughes reported a decreased number of active oil and gas rigs in the United States on Friday. Oil and gas rigs decreased by 8 rigs, according to the…
U.S. Bid To Ban Fuel Shipments To North Korea Fails
Russia and China are blocking a U.S. effort at the United Nations to halt all deliveries of refined oil products to North Korea amid charges that Pyongyang is smuggling fuel…
Trump Tariffs Could Delay Permian Relief
The oil and gas industry hoped they would be spared from Donald Trump’s trade war, but the Permian basin was just hit with some bad news. The Permian basin has…
Independents Replace Big Oil In Southeast Asia
Energy independents and Middle Eastern and Asian companies are expanding their presence in the Southeast Asian oil and gas industry, replacing Big Oil majors that have been shrinking their exposure…
Oil Prices Rebound As Saudis Expect Reduced Exports In August
Saudi Arabia is expecting a reduction in crude oil exports next month, despite earlier signs that Saudi Arabia—and Russia—have started to raise production even before the June 22 meeting…
Has The Movement For CO2 Controls Peaked?
The signs don’t look favorable for carbon dioxide emissions controls in the U.S. The Trump administra-tion along with much of the Republican party clearly do not believe in climate change…
Is This The Next Global Leader In Ride Hailing Services?
Chinese ride-hailing giant Didi Chuxing took another step forward in its strategy of being a global leader in mobility services. Booking Holdings, which runs popular online travel services like Priceline.com,…
Oil Prices Slip As OPEC+ Compliance Falls To 120 Percent In June
Oil prices rallied on Wednesday afternoon despite the fact that OPEC/NOPEC’s compliance fell from 147 percent in May to around 120 in June, according to sources cited by Reuters. At…
