 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 17 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 1 hour | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 17 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 17 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 9 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 9 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 9 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 9 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% |
The EU Allows Members to Ban Russian LNG as Imports Climb
The European Parliament approved rules…
Europe's Love Affair with Electric Cars Wanes as Sales Plunge
Volkswagen's EV sales in Europe…
Energy / Energy-General
The Permian Banks On These Key Pipelines
Booming crude oil and natural gas production in the Permian Basin and not enough pipeline takeaway capacity have widened the discounts at which oil and natural gas pumped in the…
No End In Sight For Venezuela’s Oil Crisis
Venezuela’s oil production plunged by another 47,500 barrels per day (bpd) in June, compared to a month earlier. An exodus of workers and field shut downs were reported for the…
Norway Oil Strike Set To Worsen
Norway’s ongoing oil workers’ strike is set to shut more rigs on the Norwegian Continental Shelf as the employers’ association has not contacted the trade union for new talks…
China Is Dominating Global EV Markets
China’s dominant role in electric vehicle manufacturing and sales has yet to be curtailed by the trade war launched by President Donald Trump. The lack of impact can be demonstrated…
Saudi Arabia's Solution To Rising U.S. Gas Prices
The first U.S.-bound shipment of reformulated blendstock gasoline produced at a Saudi refinery operated by Aramco and Total is on its way, Reuters reports, citing the official Twitter account…
The U.S. Energy Industry Can’t Afford A Trade War
As the U.S.-China trade spat turns into a full-blown war with tariffs and retaliatory tariffs and threats of further tariffs, U.S. energy exports to China may suffer if Beijing follows…
Barclays: WTI To Average $65 Next Year
Barclays raised on Tuesday its oil price forecasts for Brent Crude and WTI Crude for 2018 and 2019, and sees the U.S. benchmark averaging $65 a barrel next year, as…
Libyan Oil Production Is Only Heading Lower
When back in September 2016 the Libyan National Army retook control over the export terminals in the country’s Oil Crescent from the Petroleum Facilities Guard and handed it over to…
Downside Risk Remains In Oil Markets
Oil prices have spiked more than 13 percent in the past ten days, with WTI touching $75 at one point, the highest since the 2014 price crash. The…
Bullish Sentiment Soars As Oil Outages Mount
In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some…
Iran Sanctions Are Different This Time
The Trump administration is trying to replicate the Obama-era strategy of shutting in Iranian oil exports as a way to pressure the regime into making a series of concessions. But…
Why Natural Gas Hasn’t Dethroned Gasoline
In some parts of the world, such as the Balkans, gasoline cars retrofitted with natural gas tanks are a common sight on roads. In others, such the United States, such…
Russia’s Finance Ministry Warns Of Another Price Collapse
If prices remain at their current level, another collapse could be around the corner, the Russian Finance Ministry has warned in a report, cited by Sputnik. According to the…
Brent Falls Back On Saudi Supply Surge
Oil prices fell slightly Friday morning after an EIA report highlighting an unexpected build in crude inventories, with a Saudi supply surge adding further downward pressure on the crude market.
U.S. Oil Rig Count Inches Higher As WTI Pops
Baker Hughes reported an increase in the number of active oil rigs in the United States today. The overall rig count increased by 5 rigs, according to the report,…
Oil Traders Should Ignore Trump’s OPEC Tweets
It’s strange being an oil and energy stock trader these days. Of course, the policies coming from Washington always had an impact on where oil prices were headed, but it’s…
Is This Energy Stock About To Pop?
As oil has recovered from its epic fall from above $100 to below $30 in 2014/15, many oil related stocks have also regained lost ground. The recovery in stocks, however…
Oil Supply Concerns Grow As Spare Capacity Is Tested
Friday July 6, 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 July 6th 2018
Almost 50% of U.S. large oil company executives are seeing their pay tied to shareholder returns as production growth relinquishes the top spot in the industry’s agenda. Shareholders have been…
Why Oil Prices Failed To Hit $80
U.S. West Texas Intermediate crude oil futures are in a position to post a technically bearish closing price reversal top on the weekly chart. While this chart pattern may not…
