 |
Louisiana Light • 4 days | 87.09 | +0.49 | +0.57% | ||
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 4 days | 87.52 | +0.17 | +0.19% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.664 | -0.022 | -0.80% |
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 1 day | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 4 days | 87.52 | +0.17 | +0.19% |
|
Peace Sour • 5 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 5 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 5 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 5 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 4 days | 79.62 | +0.41 | +0.52% | ||
|
Oklahoma Sweet • 4 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 6 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 5 days | 86.90 | +0.04 | +0.05% |
Explaining the Israel and Iran Missile Exchange
In response to Iran's attack…
China Tightens Hold on Iraq's Oil with Al-Faw Refinery Nearing Completion
China is finishing the Al-Faw…
Energy / Energy-General
Oil Rally Falters As Traders Seize Profits
After a strong start to 2018, oil prices fell back slightly on Friday morning. While geopolitical tensions and strong inventory drawdowns were the main culprits for the rise in prices,…
U.S. Rig Count Dips As Oil Prices Hold Steady
The number of active oil and gas rigs dipped again this week, according to Baker Hughes data, decreasing by 5 rigs, bringing the total rigs to 924 rigs, which is…
The 5 Most Popular Energy Stories Of 2017
The year in which WTI went from barely above $50 to over $60 a barrel and Brent hit OPEC’s much sought after $65 was full of the usual mix of…
OPEC vs Shale: The Oil Saga Continues
The continuous rise in U.S. shale production last year offset part of the OPEC–Russia production cuts and capped oil price gains. Supported by the global inventory drawdown and geopolitical woes,…
Is A “Geopolitical Recession” Looming?
Eurasia Group’s Ian Bremmer says that 2018 is “by far the greatest geopolitical risk environment that we’ve ever seen" and that this could be the year where the international community…
Venezuela Is Recruiting Miners For Its Cryptocurrency
Venezuela is moving ahead with plans to “overcome the financial blockade” by launching an oil-backed cryptocurrency known as Petro, and is now recruiting miners nationwide. The Unique Registry of…
Renewable Energy On The Rise In U.S. Electricity Generation
(Click to enlarge) (Click to enlarge)The EIA released the latest edition of their Electric Power Monthly on…
Strong Draw In Crude Inventories Lifts Oil Prices
A day after API contributed to WTI’s reaching its highest price level since 2015 with an estimated 5-million-barrel draw in crude oil inventories, the EIA reinforced the bullish…
Cold Weather Shocks Natural Gas Prices
Natural gas markets are receiving a jolt from the wave of icy weather that has swept over the Eastern half of the United States. The effect is twofold: extreme cold…
Why Germans Are Being Paid To Use Power
Germany’s drive to use renewable sources of energy seems to be bearing fruit. Beginning last weekend, prices for electricity in the country declined below zero. That means consumers are being…
Can The U.S. Compete In The Electric Car War?
Recently, William Clay “Bill” Ford Jr., executive chairman of Ford Motor Co., said China was “at the heart” of the electric vehicle and the “mobility” movements. It was an interesting…
What Is Tesla Hiding From Wall Street?
Tesla is making analysts’ lives interesting by keeping its cards close to its chest when it comes to the Model 3—the first affordable Tesla that should turn the company into…
The 10 Energy Stories That Defined 2017
As 2017 comes to a close, it’s time to review the top energy stories of the year. There are several stories that could compete for the year’s top spot, but…
Oil Markets Start 2018 With A Bang
Despite pipelines in the North Sea and Libya coming back online in 2018, oil has remained above $60 in the new year. These high prices have largely been driven by…
U.S. Shale Can’t Offset Record-Low Oil Discoveries
The U.S. shale resurgence has been one of the main themes in oil markets this year, while OPEC’s production cut deal to deplete the oil overhang and boost oil prices…
UK Smashes 13 Clean Energy Records In 2017
You might be feeling a bit blue about returning to work, but the year is closing on more of a green note. It was a record year for powering the…
GOP Tax Bill Is A Boon For Oil And Gas
A few days before Christmas, the U.S. House and Senate passed the most comprehensive tax reform plan since 1986. Upon signing the bill, President Donald Trump called it “an…
Oil Tops $60 At Close of Year
(Click to enlarge) (Click to enlarge) (Click to enlarge)
U.S. Rig Count Falls Slightly As Canada’s Rig Count Tanks
The number of active oil and gas rigs dipped this week, according to Baker Hughes data, decreasing by 2 rigs, bringing the total rigs to 929 rigs, which is…
There Aren’t Enough Truckers In Texas
Permian’s production growth—the main driver of the second shale revolution as oil prices crept higher this year—may be limited not by geological or technological constraints, but by a shortage of…
