 |
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 • 15 mins | 2.710 | -0.003 | -0.13% |
|
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 • 8 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 8 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 8 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 8 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% |
Low Natural Gas Prices Curb U.S. Oil Production Gains
U.S. oil companies are not…
Hedge Funds Dump U.S. Energy Stocks to Buy Crude Options
Following a rally in energy…
Energy / Energy-General
Oil And Gas Industry Plans Capex Hike
Confidence is returning to the oil and gas industry, with a majority of respondents in a DNV GL survey saying that they plan to increase capital expenditure this year.…
OPEC Moves Another Crucial Oil Market Metric
The OPEC agreement is starting to move the needle on one stubborn metric that had remained depressed since the market downturn began more than three years ago: investment in new…
Will Keystone XL Ever See The Light Of Day?
Earlier this month, TransCanada said it had secured 20-year commitments for a total 500,000 bpd for the notorious Keystone XL pipeline that should carry Albertan heavy crude to U.S.…
This World Class Gas Field Is About To Start Producing
99 percent ready and poised to start this September. This is music to the ears of Azerbaijan, as well as to European technocrats intent on bringing Russia’s foothold in Europe…
Trump’s Solar Tariffs Won’t Kill the Industry
The Trump administration just struck a huge blow against the U.S. solar industry, slapping tariffs on imported panels that could drive up the cost of new projects. Higher costs could…
China Braces For Another Spike In Natural Gas Demand
China’s push to have millions of households and thousands of industry users switch from coal to natural gas led to an unprecedented increase in natural gas demand and imports in…
OPEC Drives Oil Prices Back Up
The EIA is predicting that fossil fuel production in the United States will hit record levels in both 2018 and 2019, and as oil prices inch higher, Saudis look to…
Saudis Unmoved By Oil Price Surge
OPEC met over the weekend to monitor the collective production cuts and assess the status of the oil market, and the meeting was shrouded in rumor about the potential cracks…
Trump’s Offshore Drilling Plan Is A Slippery Slope
The Trump Administration has offered to open more than 90 percent of the federal Outer Continental Shelf (OCS) for consideration of future exploration and development. The proposal is in…
China Looks To Increase Oil Imports
China may be producing less oil, but it is refining more, fresh statistical data from Beijing has revealed, suggesting that Asia’s biggest oil consumer will continue with its international upstream…
Justifying Blockchain’s Energy Usage
The near vertical rise and fall in price of the cryptocurrency Bitcoin in recent months has been accompanied by reporting about the energy used to run the Bitcoin network. The…
Bank Of America: EVs To Lead To Peak Oil Demand In 2030
While various experts and industry players debate if there will be peak oil demand anytime soon, Bank of America Merrill Lynch thinks that it may be just 12 years away—in…
The World’s Most Innovative Gas Field
Appalachian gas production has surged over eighty five percent (from 13,837 bcf/d to 26, 027 bcf/d) since 2014. The region has one the most productive and economic gas acreage in…
The UK May Renationalize Utilities
Back in the heady days of Thatcherism, the British government sold just about all its commercial assets: the banks, steel company, airline, ports, and utilities. Most of these assets had…
Momentum Matters: It’s Time To Ride The Wave
I happened to have dinner this week with a very dear old friend from my days trading crude oil on the floor of the New York Mercantile Exchange. Ultimately, our…
Did Schlumberger Just Become A Buy?
This morning, in the first major energy sector release of this earnings season, oilfield services giant Schlumberger (SLB) reported fourth quarter 2017 results. Each quarter, their earnings are regarded as…
Is OPEC Fighting A Losing Battle?
Friday January 19, 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 January 19, 2018
According to a growing number of analysts, OPEC may end its oil output cut deal with Russia before December 2018. Recent developments have been unequivocally bullish, but they may have…
Is This Small Correction In Oil Something To Worry About?
Despite crossing to the strong side of a long-term 50% level earlier in the week to extend the rally, the price action late in the week strongly suggests that March…
Can Anything Stop The Shale Surge?
Higher oil prices may lead to huge growth in U.S. shale production, according to revised predictions from both OPEC and the IEA. (Click to…
