 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 31 mins | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 2 days | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 16 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 16 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 16 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 16 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
China Tightens Hold on Iraq's Oil with Al-Faw Refinery Nearing Completion
China is finishing the Al-Faw…
Could The U.S. Become Lithium Independent?
Despite having some of the…
Energy / Energy-General
The U.S. Shale Play To Watch In 2018
The original shale gas play, the one that kicked off the shale drilling bonanza a decade ago but then went into decline, is getting a new lease on life. The…
A New Oil Crisis Is Developing In The Middle East
After over 40 years in the energy business, more than two decades of that with a parallel career in intelligence, I regularly witness the impact of global developments on the…
Why Petrol Powered Cars Aren’t Going Anywhere
Internal combustion engines keep accumulating at a rate of tens of millions per year. When is the earliest date that we could expect to see “peak piston”? Your intuition may…
Norway’s Energy Minister Sees Strong Long-Term Demand For Oil
Norway is at the forefront of Europe’s green energy shift, but it is also its biggest crude oil producer. The country has so far juggled successfully with the two opposing…
Are Combustion Engines Reaching Peak Demand?
Imagine if we woke up tomorrow and read the headline, “GLOBAL PACT: ALL COUNTRIES AGREE TO BAN THE SALE OF INTERNAL COMBUSTION ENGINES.” And then imagine that we wake up…
Iran Ready For OPEC Oil Deal Extension
Iran is ready to take part in a further extension of the OPEC oil production cut deal, the country’s Deputy Minister for Trade and International Affairs said at an…
Big Oil To Bet On Petrochemicals As Demand Peak Looms
Remember that “This Ain’t Your Daddy’s Oil” commercial that blew up on Twitter at this year’s Super Bowl? It was about crude oil being used for things other than…
Oil Fundamentals Overturn Geopolitical Risk
Oil posted gains on Monday on news that the Iraqi military had seized control of Kirkuk, but oil fundamentals and the large supply capacity of both OPEC and U.S. shale…
What’s Stopping An Oil Price Rally?
Oil supply disruptions, high OPEC oil cut deal compliance rates, an extra-violent hurricane season, and the threat of new U.S. sanctions against Iran have fed optimism in oil markets over…
China Takes Aim At The Petrodollar
China continues to pursue its ambitious plan to make its currency—the yuan—more international. The world’s top crude oil importer and key oil demand growth driver is now determined to get…
Is OPEC Considering Deeper Output Cuts?
The oil price, as measured by the most traded Brent Crude number, has been relatively stable since the agreement to limit output was implemented last year and excess inventory has…
With A World Awash In Oil, Kazakhstan Faces Fuel Crisis
Kazakhstan, a nation rich in hydrocarbons, is grappling with a gasoline shortage that has enveloped the entire country, including the capital, Astana, and the southern metropolis of Almaty. Portents of…
Why U.S. Crude Exports Are Booming
In the years leading up to the shale oil boom, crude oil exports from the U.S. were nearly nonexistent. There were two reasons for that. First, following the 1973 OPEC…
Kobe Steel Scandal Could Rattle Nuclear Industry
Japan’s Kobe Steel has joined a rather unfortunate "club". That club's membership includes those Japanese companies recently racked by scandal and mismanagement. Kobe's management admitted that its employees faked quality…
Are Oil Stocks Close To A Breakout?
If you’ve got a core energy stock portfolio like me, you’re mostly deployed right now, waiting for the continued re-balancing of the oil market that even the IEA now…
Natural Gas: Fading the Weather
Traders have a tendency to become obsessed with news and data. When you sit in a room all day trying to predict the next movement in something that is inherently…
Shale Industry Cuts Rigs As Shareholder Pressure Mounts
Friday October 13, 2016 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 October 2017
October 13 is D-Day for the major European companies that have forged new geo-economic territory by cutting deals with Iran. On the 13th October, Trump will decide whether he’s going…
Are Oil Markets Ready To Rally Again?
U.S. West Texas Intermediate and internationally-favored crude oil futures are trading higher for the week as investors prepared for the release of weekly inventories data from the U.S. Energy Information…
Oil Prices Spike On Middle East Tensions
Oil prices rose on Friday on bullish data from China showing an uptick in oil imports by 1 million barrels per day in September, from a month earlier. On top…
