 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.733 | +0.008 | +0.28% |
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 1 day | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 10 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 10 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 10 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 10 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 1 day | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 2 days | 87.02 | -0.29 | -0.33% |
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
Nuclear Tensions Rise as Poland Offers Territory for NATO Warheads
Polish President Andrzej Duda has…
Energy / Energy-General
OPEC Has Regained Its Grip On Oil Markets
Higher oil prices seem to have given OPEC the confidence that it needs to begin thinking about moving forward, and with Russia in the mix as well, it appears as…
Canada To Buy Kinder Morgan’s Trans Mountain Expansion Project
The Government of Canada has reached an agreement with Kinder Morgan to buy the Trans Mountain Expansion Project and related pipeline and terminal assets for US$3.5 billion (C$4.5 billion),…
There’s No Getting Around Iranian Sanctions
“I personally think none of us will be able to get around it,” Vitol’s chief executive Ian Taylor said last week, commenting on the effects that renewed U.S. sanctions…
Emerging Market Meltdown Could Undermine Oil Rally
Saudi Arabia and Russia just destroyed the oil price rally, potentially putting an end to all the speculation about what the group might do next. But higher production doesn’t necessarily…
OPEC Has A Global Inflation Problem
The rise in oil prices in recent months has been a concern to oil-importing nations and to retail consumers as the rally has been inflating their oil import bills and…
India Won’t Pay For Venezuelan Oil With ‘Petro’ Cryptocurrency
India doesn’t plan to use Venezuela’s ‘petro’ cryptocurrency to pay for crude oil imports from the Latin American nation of which it is a large regular customer, India’s Foreign Minister…
Are We About To See Another Correction In Oil Prices?
The last four days have seen WTI Crude prices plunge almost 10% from their cycle peak near $73 to a $65 handle overnight. (Click…
Goldman Bullish Despite Steep Oil Price Correction
Goldman Sachs continues to be bullish on oil despite the most recent market turbulence that saw prices plummet after reports that Saudi Arabia and Russia are discussing lifting the pact’s…
‘’Biggest Ever Change’’ In Oil Markets Could Send Prices Higher
Iran and Venezuela have dominated the oil market discourse for a while and will continue to do so in the coming months. Fears of supply shortages amid a tighter market…
The Oil Major Wall Street Won’t Back
ExxonMobil, unlike most of its peers and competitors, has decided to ramp up spending and drilling on large-scale projects, to the dismay of its shareholders and Wall Street. The oil…
Norway’s EV Adoption Starts To Affect Oil Demand
Sales of most fuels in Norway declined last year for the first time in almost a decade, after seven years with three-digit annual increases in EV sales. As of…
The Battle For Energy Dominance In The Mediterranean
The Eastern Mediterranean is easily one of the most important and hotly contested regions in the world due to several key factors: the Suez Canal is vital to international commerce,…
This Battery Breakthrough Could Change The World
Last week I happened to catch an intriguing documentary on NOVA called Search for the Super Battery. The topic is of intense interest to me, as the development of better, cheaper batteries…
Car Giants Focus On Lithium Battery Production
Years ago, the great automotive “chicken or egg” debate centered on which technology would lead the way: the electric vehicle or the charging infrastructure. Now it’s all about the lithium…
The Best Shale Investment This Summer
Three very different news stories dominated the week in energy – let’s look at those and then some oil ideas that might come from them. The President made an 180-degree…
Have Oil Prices Peaked
Brent recently hit $80 per barrel, which ushered in a flood of predictions for when we might hit $100 per barrel. But Saudi Arabia and Russia just crushed those dreams,…
Is The OPEC Deal Finally Done?
Friday May 25, 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 25th May 2018
OPEC has signaled it may decide to ease the oil production cuts it agreed to implement in late 2016 on the back of Venezuela’s catastrophic production decline and the pending…
Rally Unwinds As Russia, Saudis Aim To Increase Oil Output
U.S. West Texas Intermediate crude and internationally-favored Brent crude oil are trading sharply lower on Friday, putting the market in a position to finish the week lower for the first…
OPEC Sends Oil Prices Crashing
Oil prices fell drastically on Friday on the back of news that Russia and Saudi Arabia are considering an increase in their oil production, bringing an end to the production…
