 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 13 mins | 2.708 | -0.006 | -0.21% |
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 2 days | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 7 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 7 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 7 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 7 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% |
Small Banks Significantly Boost Loans to Oil And Gas Firms
Regional banks BOK Financial, Citizens…
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
Energy / Energy-General
Catastrophic Cyberattacks Threaten Big Oil
There are over a million oil and gas wells in the United States. There are also several hundred thousand miles of pipelines. Digitization is on the rise in the…
Shell Wants Deepwater Breakevens Below $40
Even though Brent Crude prices hit $75 a barrel on Monday, Shell continues to stick to disciplined spending and wants deepwater projects to break even at $40 a barrel…
Oil Prices Crash As U.S. Dollar Regains its Footing
Oil prices dived on Tuesday morning as expectations of an interest rate hike sent the U.S. dollar soaring, countering bullish news regarding the Iran nuclear deal.
Goldman’s Favorite Trade For 2018
Confirming that what Jeff Gundlach predicted last December, when the DoubleLine CEO said his favorite trade for 2018 is to be long commodities, has been spot on...
Iran’s Oil Exports Hit Record High As Sanctions Loom
Iran’s crude oil exports reached a record 2.617 million bpd in April, according to its oil ministry’s news service Shana—the highest level since Iran signed the nuclear deal with…
Can China Meet Its Nuclear Power Goals?
China has 36.93 GW of nuclear power generation capacity across 38 units, data from the China Nuclear Energy Association has shown. Most of this is concentrated in coastal provinces…
Oil Prices Spike As OPEC Compliance Hits New Record
OPEC’s oil production continues to decline, hitting a one-year low in April. Compliance with the OPEC/non-OPEC deal hit yet another record high because of a 70,000-bpd dip in April, putting…
Soaring Oil Prices See Saudi Economy Bounce Back
Saudi Arabia’s success in leading both OPEC and non-OPEC production partners in reigning in record high OECD oil inventories amid the group’s ongoing oil output cut is starting to pay…
Venezuela Offers India 30% Discount On Oil...If It Pays In Cryptocurrency
Venezuela has offered India a 30-percent discount on crude oil purchases, but only if India agrees to pay in El Petro, the cryptocurrency that Venezuela is touting as the first…
The Next Big Threat For Chinese Oil Demand
A Bloomberg article about electric buses in China is getting a good amount of mileage (sorry), and rightly so, given its detrimental impact on product demand (hark, ~70kbd this…
UBS: Petroyuan Will Undermine U.S. Market Dominance
RMB-denominated oil contracts began trading for the first time in Shanghai on March 26. We believe that in the long term this will ultimately change how oil is traded…
China’s Oil Futures Are Gaining Momentum
China’s new oil futures contract is gaining some momentum as a fixture on the global oil market, although hurdles remain before it can become a key benchmark for Asia. China…
U.S. Pipeline Companies Face Hefty Overcharge Payback
While the U.S. tax overhaul is seen as a boon to businesses, including the energy industry, one segment of the oil and gas sector may face up to a US$18.5…
Reflecting On The Oil Rally
A mélange of topics to be covered this week in the column, I cannot pick one that is more valuable than the other, so I’ll try to touch upon them…
Time To Reverse A Very Successful Trade
Long-term regular readers will be aware that I have been consistently bullish on First Solar (FSLR) for a long time. The stock is up just over 155 percent in the…
Will High Gasoline Prices Weigh On Oil Demand?
Friday April 27, 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 - 27th April 2018
WTI could jump to $75 a barrel if President Trump reimposes sanctions on Iran on May 12. That’s the deadline for a sanction waiver that Trump has said he will…
The Next Major Catalyst For Oil Prices
U.S. West Texas Intermediate crude oil is trading lower early Friday, putting the market in a position to close lower for the week. There is a price divergence between WTI…
Oil Prices Steady As Geopolitical Risks Calm
The diplomatic breakthrough on the Korean Peninsula is taking away one source of geopolitical risk for oil markets, at least for now, with prices dipping in early trading on Friday.
Oil Markets React Stoically To Rising Rig Count
US drillers added 8-rigs to the total number of oil and gas rigs this week, according to Baker Hughes, adding 5 oil rigs and 3 gas rigs. Meanwhile, neighboring…
