 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 19 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 1 day | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 day | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 1 day | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 1 day | 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% |
OPEC Expects Solid Global Oil Demand This Summer
OPEC expects strong oil in…
Central Banks Grapple With Inflation Threat Amid Oil Price Rally
Central Banks are reluctant to…
Energy / Energy-General
Oil Markets Are Rebalancing At Last
Friday September 15, 2017 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 15th September, 2017
Last week the Indian energy minister announced New Delhi has renegotiated the price for the fuel under a 20-year contract with Exxon. Renegotiations of long-term contracts in oil and gas…
Oil Markets Prepare For An End-Of-Year Rally
November West Texas Intermediate crude oil is in a position to close sharply higher for the week in reaction to a bullish report from the International Energy Agency (IEA). According…
Qatar Unfazed By Arab Blockade
Qatar’s resilience in the face of months of economic and diplomatic ostracization echoes in the ears of Saudi Arabia—a regional and religious leader running out of options in its quest…
Soaring Demand Drives Oil Market Recovery
It has been a bullish week in oil. Rig counts dropped, WTI broke $50, demand has spiked, and geopolitical risk has kept the market on the edge of its seat. …
U.S. Oil Rig Count Continues To Collapse
The number of active oil and gas rigs in the United States fell this week by 8 rigs. The total oil and gas rig count in the United States…
U.S. Gulf Coast Refiners Are Bouncing Back
Nearly twenty days (or over 450 hours) after Hurricane Harvey made landfall between Port Aransas and Port O'Connor in Texas, there are a number of signs emerging in our ClipperData…
Does Russia Really Need The OPEC Deal?
OPEC and Russia are coordinating the first joint OPEC/non-OPEC deal to curb oil output since 2001, but the apparent unity in the face of lower-for-longer oil prices doesn’t disguise the…
EIA: Coal Is Dying As Renewables Rise
World energy consumption is forecast to grow 28 percent by 2040, with China and India leading the growth spurt, and demand set to rise for everything but coal. According to…
WTI Breaks $50 As Bullish Sentiment Builds
Buoyed by strong global oil demand growth and reduced OPEC supply, U.S. benchmark WTI jumped above the psychologically important US$50 threshold on Thursday, topping that level for the first…
“Super Critical” Coal Shortage Sends India Scrambling For NatGas
Big disappointment in the global natural gas industry this week, with majors Total and Eni coming up largely dry in a much-anticipated well offshore Cyprus. But elsewhere things are turning…
Strongest Demand Growth In 2 Years Boosts Oil Prices
Oil prices rose on Wednesday after the International Energy Agency (IEA) said earlier today that oil demand growth continues to be solid and that global oil inventories are shrinking. At…
The $10 Trillion Resource North Korea Can't Tap
North Korea may not have proved petroleum reserves, but it’s estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare earth minerals—worth an estimated…
Is Russia Pushing Saudi Arabia Out Of Asia?
Chinese industrial conglomerate CEFC has agreed to buy 14.16 percent in Russia’s Rosneft for approximately US$9 billion. The deal was no surprise as it came on the heels of…
OPEC Unfazed By Falling U.S. Oil Demand
Despite the turbulence in the oil markets due to the previous weeks’ hurricanes, OPEC’s latest report has painted a reassuring picture, indicating that the rebalancing of the oil market may…
Oil Prices Rise As OPEC Oil Production Declines In August
OPEC’s crude oil production declined in August thanks to Saudi Arabia cutting more from its production, a person familiar with the figures told Bloomberg, adding the information came from…
How OPEC Was Hurt By The Hurricanes
Hurricane Irma was downgraded to a tropical storm early Monday, although it is still bringing floods and damage to much of Florida as it makes its way north, leaving…
Goldman: Harvey, Irma Cause 900,000 Bpd Drop In Demand
In the wake of the hurricanes Harvey and Irma, oil demand is expected to drop by some 900,000 bpd this month, Goldman Sachs said on Monday. “Irma will…
The U.S. Oil Patch Has A Serious Cybersecurity Problem
Cybersecurity firm Symantec reports that dedicated hackers have been able to control operational software at American and European oil and gas companies, according to a new report by CNBC.…
Oil Is Unlikely To Return To $80
Economists have given us a model of how prices and quantities of goods are supposed to interact. (Click to enlarge) Figure 1. From Wikipedia:…
