 |
Louisiana Light • 1 day | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.724 | -0.010 | -0.38% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 10 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 10 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 10 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 10 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 1 day | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
U.S. Senator Pushes for Ban on Chinese Electric Vehicles
Senator Brown urges President Biden…
China Raises Gasoline and Diesel Prices amid Soaring Crude Oil Prices
China is raising from Wednesday…
Energy / Energy-General
Permian Stocks Falling Out of Favor
Friday June 8, 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…
Expect Choppy Oil Markets Ahead Of The OPEC Meeting
U.S. West Texas Intermediate crude oil futures are trading higher early Friday, putting the market in a position to close higher for the week. While this chart pattern isn’t enough…
Oil Falls On OPEC Uncertainty
Friday, June 8, 2018 (Click to enlarge) (Click to enlarge) (Click to enlarge)
U.S. Rig Count Creeps Higher Amid Record Oil Production
U.S. drillers added 2 rigs to the number of oil and gas rigs this week, according to Baker Hughes, with oil and gas rigs each increasing by 1. The…
New Study: Climate Change Could Be The Ultimate Civilization Killer
Climate change could have wiped out alien civilizations and may be on the way to wipe out mankind, too, a new study has suggested. Using simulations based on information…
Higher Oil Prices Might Not Destroy Demand Growth
The recent jump in oil prices to $80 per barrel raised a lot of questions about whether or not the heady demand growth projections for this year would hold up.…
Microsoft Launches Second Subsea Data Center
Microsoft said yesterday it had submerged a second experimental data center off the coast of Scotland, as part of its Natick project that studies less energy-intensive data centers. While…
China Deals Shocking Blow To Solar Industry
Market researchers are in a rush to lower their solar capacity addition forecasts for this year after China surprised everyone by announcing it will not issue approvals for any new…
Hiring Frenzy Spurs Wage War In The Permian
The Permian basin is on fire, and the current boom cycle in its oil industry is posing an interesting challenge that area in Texas: Right now, that challenge is a…
The Permian Has A Natural Gas Problem
Analysts continue to focus on the surging oil production in the Permian and looming takeaway capacity bottlenecks that could slow down the oil growth in the biggest U.S. shale play.…
Anti-Qatar Threats Could Jeopardize OPEC Meeting
The OPEC meeting on June 22nd could become a major showdown of internal conflicts. The media has been focusing on the possible split between the Arab producers and Iran, and…
Oil Industry Expects Wave Of M&A Deals
The oil industry expects more mergers and acquisitions in the 12 months ahead, which is a marked difference from just a year ago when everyone in oil was extra cautious…
Elon Musk Survives Attempted Coup
Tesla chief Elon Musk just survived the first serious attempt by major investors to cut back his power in the company. Several shareholder funds had been demanding that three…
China’s Growing Debt Could Be Bearish For Oil Prices
Much has been made over China bypassing the U.S. recently to become the world’s largest crude oil importer and even more media attention has been given to the ongoing…
New Iraqi Lawmakers Want Out Of OPEC Deal
Some newly elected Iraqi lawmakers, linked with populist Shiite cleric Moqtada al-Sadr whose alliance won the elections last month, are not sure that Baghdad’s participation in the OPEC production cut…
The Soccer Player Saving Egypt’s Energy Sector
Following the discovery of the immense Zohr gas field and several new onshore oil deposits in Egypt, the country was full of optimism about the impact its new bounty of…
OPEC’s Dilemma: Demand Destruction Or Production Boost
The early signs of discontent and demand destruction could be forcing OPEC’s hand, but increasing production carries its own risks. OPEC and Russia are considering raising oil production in a…
The Nuclear Reactor That Makes Its Own Fuel
To say that nuclear energy has a bad name would be an understatement. To say that it has a future, however, would be to state the obvious. Despite soaring solar…
Geopolitical Tensions Rise As Iran-Iraq Oil Swap Begins
A crude oil swap deal between Iran and Iraq, which was supposed to begin in mid-April, has started, Iran’s Shana agency reported yesterday, as quoted by Reuters. Under the…
OPEC Ministers Keep Mum On Oil Production Plans
Several OPEC oil ministers who met over the weekend just three weeks before the June 22 meeting in Vienna that could result in an easing of the oil production cuts…
