 |
Louisiana Light • 1 day | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 1 day | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.705 | +0.020 | +0.74% |
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 1 day | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 1 day | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 10 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 10 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 10 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 10 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 1 day | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 4 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 1 day | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 4 days | 87.31 | +0.41 | +0.47% |
Iraq Has No Intention of Restarting Kurdish Oil Pipeline
Baghdad is repairing the Kirkuk-Ceyhan…
A Rarely Used Technique Could Double U.S. Grid Capacity
A rarely used technique called…
Energy / Energy-General
Is The Disconnect Between Oil And Oil Stocks Dissolving?
I’ve commented for weeks upon the disconnect that continues between the price of oil and the prices of oil stocks. In the past, you could set your clock based upon…
How Significant Is WTI’s Breakout?
Oil, after looking rangebound for a while, albeit at the highest levels since 2014, looks like it has broken out. When WTI futures challenged February’s high of $66.66 a few…
Why OPEC Wants Higher Oil Prices
Friday April 13, 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 – 13th April 2018
Brent crude this week broke the $72 barrier for the first time since 2014 on the latest developments in Syria. President Donald Trump earlier this week threatened Russia with missile…
Oil Traders Forget Fundamentals, Focus On Geopolitics
U.S. West Texas Intermediate is in a position to post a strong gain this week. The short-term fundamentals continue to be supportive as bullish traders remain concerned over the escalating…
IEA: U.S.-China Trade Row Could Dampen Oil Demand Growth
OPEC is very close to achieving its mission to draw oil inventories down to their five-year average, but the ongoing U.S.-China trade spat is a risk to oil demand growth…
Geopolitical Risk Sends Oil Soaring
Oil prices added to their gains on Friday, with Brent holding at multi-year highs. The possible trade war poses a threat to demand, but for now, the market is focused…
U.S. Rig Count Climbs As Oil Rallies
Baker Hughes reported a 5-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 1008, which…
Goldman Sachs: The Bullish Case For Oil
The rapidly heating up situation in Syria has pushed Brent crude prices to US$72 a barrel, something that Goldman Sachs had predicted on Thursday. The investment bank’s stance on…
Are Oil Markets Tightening Too Fast?
OPEC’s oil production fell yet again last month, helping to further tighten the oil market. The group’s collective output fell by a whopping 201,400 barrels per day in March, compared…
The Supersized Future Of Energy Storage
In the battery industry, records seem set to be broken almost as soon as they are hit. This is what may be about to happen with the largest battery storage…
Shell To Shift From Oil ‘When This Makes Commercial Sense’
Shell outlined on Thursday its strategy for the coming ‘energy transition’ decades, saying that it will still sell the oil and gas the society needs, while adapting its portfolio…
Is Oil Demand Growth Overrated?
Organic demand or population growth alone (absent surging debt) among the consumer base that consumes in excess of 90% of global oil, is collapsing. I have detailed this previously;…
Oil Prices Surge After Houthi Missile Attacks On Riyadh, Aramco Facilities
Houthi rebels in Yemen upped the ante on Wednesday, firing ballistic missiles over Riyadh, according to the Houthis, in retaliation for air raids by a Saudi-led coalition. The Royal Saudi…
Crude Build Stalls Oil Price Rally
The Energy Information Administration reported a build in U.S. crude oil inventories of 3.3 million barrels for the week to April 6, double that of API’s estimate for a…
Oil Prices Rise After Trump’s Syria Tweets
Oil prices soared on Wednesday morning after U.S. President Donald Trump tweeted earlier in the day that Russia would better “get ready” for U.S. missiles in Syria. At 08:33…
Oil Prices Likely To Soar On Geopolitical Risk
Brent crude prices rebounded to $70 per barrel during midday trading on Tuesday as fears of a trade war eased on conciliatory comments from both the U.S. and China. That…
Are U.S. Oil Majors Primed For A Comeback?
The two U.S. oil supermajors—ExxonMobil and Chevron—have gone through a rough patch over the past three years with the oil price crash that battered company earnings and energy stocks and…
Oil Prices Soar On Waning Trade War Fears
China’s President Xi Jinping calmed trade war fears Tuesday morning, promising to open China's economy and lower tariffs on imported goods. (Click to enlarge)
Why Oil Prices Just Rallied To $70
The price of a Brent barrel surpassed the $70 mark in morning trading on Tuesday, after a rather rocky start to the week. But is $70 Brent here to…
