 |
Louisiana Light • 4 days | 87.09 | +0.49 | +0.57% | ||
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 4 days | 87.52 | +0.17 | +0.19% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.647 | -0.038 | -1.42% |
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 1 day | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 4 days | 87.52 | +0.17 | +0.19% |
|
Peace Sour • 7 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 7 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 7 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 7 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 4 days | 79.62 | +0.41 | +0.52% | ||
|
Oklahoma Sweet • 4 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 6 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 5 days | 86.90 | +0.04 | +0.05% |
Could The U.S. Become Lithium Independent?
Despite having some of the…
Hedge Funds Dump U.S. Energy Stocks to Buy Crude Options
Following a rally in energy…
Energy / Energy-General
This Is Aramco’s Spare Production Capacity
Saudi Arabia has a spare oil production capacity of 2 million bpd and is able to meet additional demand in case of disruption of oil supplies, the chief executive…
Why OPEC+ Needed To Add More Oil
The OPEC+ group has decided to increase output by aiming to return compliance back to 100 percent, rather than the “over compliance” the group has posted to date. Although…
This Russian Oil Major Is Ready To Open The Taps
Russia’s second biggest oil company, Lukoil, is ready to raise production by 23,000 bpd in two to three months if its gets the green light from Moscow which pushed for…
EIA: Gulf Of Mexico Oil And Gas Production Remains Strong
Crude And Condensate BOEM has March 2018 production at 1696 kbpd, which is down 1 percent month-on-month and 4 percent year-on-year (March 2017 was the peak production month for GoM…
How To Trade OPEC’s Production Boost
I’ve been waiting for the last minute to write this column, waiting on the decision of OPEC in Vienna this morning. While the final decision isn’t official, it seems that…
A Hot, If Not Very Sexy, Take On The OPEC News
As I write this piece, we are still awaiting the official announcement of the outcome of the OPEC+ meeting in Vienna, but given the organization’s penchant for controlled leaks, and…
Oil Markets Will Only Get Tighter
Friday June 22, 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 – 22nd June 2018
The hottest shale oil play in the United States may be nearing its limit in production because of a growing shortage of pipeline capacity. Drillers are already being forced to…
Oil Rises On OPEC’s Production Decision
U.S. West Texas Intermediate is trading higher on Friday after OPEC and other major oil producers agreed on oil production levels starting from July. The intraday spike to the upside…
OPEC’s Agreement Sends Oil Prices Soaring
OPEC has finally met, and as most expected, the cartel agreed that any country within the group that has space capacity will be able to boost oil production, with Saudi…
OPEC Edges Closer To Production Agreement
The odds of an orderly agreement in Vienna significantly increased over the last day or so as Iran appeared to soften its hard line, voicing some openness to a modest…
Permian Bottlenecks Begin To Bite
The pipeline constraints in the Permian are finally starting to bite, threatening to derail the extraordinary production boom that has been underway for the last few years. Permian drillers are…
Canada’s Oil Crisis Is Far From Over
Canada has vowed to build the Trans Mountain Expansion project in order to move more oil out of the country, but a lot of hurdles remain. In May, the Canadian…
Shale CEO: U.S. To Be The World’s Top Oil Producer By Fall
The United States is on track to become the world’s top oil producer as early as this fall, unseating the current no.1 Russia, according to Scott Sheffield, the chairman of…
Why OPEC Won't Flood The Oil Market
The latest from Vienna is that Russia and Saudi Arabia are leaning towards the aggressive end of the suite of options under consideration, but as always, the negotiations remain fluid.…
Uncertainty Looms Large Over Latin American Oil
While oil industry analysts and market participants are watching Venezuela closely for clues about how low its oil production will go, several other countries in Latin America are holding key…
Global Energy Consumption Soars To New Heights
This week the 2018 BP Statistical Review of World Energy was released, which covers energy data through 2017. It is the definitive source for global energy production and consumption…
The Permian Faces Shut Ins Due To Oil Pipeline Shortage
The fastest-growing oil producing region in the United States, the Permian, is nearing the limits of its pipeline takeaway capacity and some producers may be forced to shut in wells…
U.S.-China Trade War Will Hurt Shale Drillers
President Trump is back on his warhorse called Tariffs, yesterday announcing he was considering the introduction of a 10-percent levy on Chinese goods worth US$200 billion. The latest escalation…
Can Oil Pull Greece Out Of Poverty?
In its eighth year of paralyzing austerity, Greece is facing another hot summer. Political controversies will be even more heated than the blessed Peloponnese climate, as the Tsipras Government is…
