 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 14 mins | 2.707 | -0.007 | -0.25% |
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 2 days | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 8 hours | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 8 hours | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 8 hours | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 8 hours | 75.75 | -2.68 | -3.42% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Breaking News:
Europe's Love Affair with Electric Cars Wanes as Sales Plunge
Volkswagen's EV sales in Europe…
Iran Plays Down Risk of Retaliatory Attack on Israel
Iran is playing down the…
Energy / Energy-General
Brent Crude Hits New High On Soaring Demand
Brent crude hit a new high of over US$79 a barrel on data about higher demand in key markets such as China and OPEC’s bullish Monthly Oil Market Report, in…
The Most Underappreciated Story In The Oil Market
The world is currently watching the growing tensions in the Middle East, and oil market analysts are guesstimating just how much Iranian oil supply the renewed U.S. sanctions could stifle.…
Expert Analysis: What’s Next For Russian Oil
In the wake of Putin’s May 7 inauguration, the corridors of power in Moscow have been replete with speculation regarding the composition of the next government. Alexander Novak, the Energy…
Iran Sanctions Threaten The Petrodollar
One country must be quite pleased with the prospect of new U.S. economic sanctions against Iran’s oil industry, and this country is the largest oil importer in the world, and…
OPEC Production Stagnates In April
The OPEC charts below were created with data from the OPEC Monthly Oil Market Report. The PDF File can be downloaded from here: OPEC MOMR All OPEC data is through April…
ConocoPhillips Moves To Seize Venezuelan Oil Assets
ConocoPhillips has seized the oil product inventory of Venezuela’s state oil company PDVSA following the issuance of two court orders granting it this right as part of efforts to enforce…
Higher Oil Prices Look Likely
The path to higher oil prices seems pretty clear, but it isn’t inevitable. There are plenty of reasons why the oil market is suddenly on edge, and why oil prices…
Skeptic Geologist Warns: Permian’s Best Years Are Behind Us
Geologist Arthur Berman, who has been skeptical about the shale boom, warned on Thursday that the Permian’s best years are gone and that the most productive U.S. shale play…
UK Torn Between Hydrogen And U.S. LNG
The United Kingdom is very diligent in its efforts to become a greener country. This year, local media were proud to report that electricity produced by wind and solar…
U.S. Renewable Capacity Soars
The history of power production through the early part of the 21st century was very much a tale of nonrenewable energy resources. Power was produced primarily by coal, natural gas,…
The Coal Plant Of The Future
The U.S. Department of Energy (DOE) wants to develop so called “Coal-Based Power Plants of the Future” according to a recent Request for Information. Well, not exactly. To be precise,…
What Trump’s Iran Decision Tells Us About Oil Markets
There is only one oil story worth concentrating on this week, and the market’s reaction to it tells us so much about our oil positions that it deserves to be…
Maintaining A Long Bias On Oil
The timing of these pieces, coming at the end of the week, is sometimes a frustration, but often a blessing. There are times when I want to give you a…
Shale Production Booms As Global Supply Wobbles
Friday May 11, 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 May 11th 2018
The U.S. withdrawal from the Iran nuclear deal is now a fact and the market has reacted as expected, namely with a knee-jerk reaction that saw Brent and WTI both…
Is This Oil Rally Sustainable?
July West Texas Intermediate crude oil is in a position to post its highest close since late 2014 on Friday. The rally is being driven by looming U.S. sanctions against…
Could Oil Hit $100?
Oil prices have continued their climb following a week of bullish news, and with geopolitical tensions reaching a boiling point, prices are poised to head even higher.
U.S. Rig Count Increases Sharply Amid Rising Crude Output
US drillers added 13 rigs to the number of oil and gas rigs this week, according to Baker Hughes, adding 10 active oil rigs and 3 active gas…
Iran Accuses U.S. Of Pushing Up Oil Prices
U.S. President Trump has made a deal with some OPEC producers to keep prices high as they support the U.S. economy and boost federal taxes. This is what Iran’s Energy…
The Oil Major Accelerating Venezuela’s Decline
While the oil market is understandably on edge about the potential supply outages in Iran, there are real outages going on in Venezuela, losses that could grow significantly worse…
