 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 21 hours | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 37 mins | 2.720 | -0.005 | -0.20% |
|
Bonny Light • 21 hours | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 21 hours | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 20 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 20 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 20 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 20 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
Breaking News:
Magnesium Battery Breakthrough Could Challenge Lithium-Ion Dominance
Tohoku University researchers have developed…
Could The U.S. Become Lithium Independent?
Despite having some of the…
Energy / Energy-General
Why Oil Prices Aren’t Going Anywhere
The most recent report on the U.S. oil market offers a mix of data, providing ammunition for both oil bulls and bears alike. One can find whatever they want in…
Could The Gulf Dispute Actually Help Iran?
The on-going diplomatic feud in the Persian Gulf pitting Qatar against a coalition of Arab states led by Saudi Arabia has already disrupted regional affairs to a significant extent: economic…
U.S. Fines Exxon For Violating Russia Sanctions Under Tillerson
The U.S. Department of the Treasury said on Thursday that it is imposing a US$2-million civil monetary penalty against ExxonMobil and some of its subsidiaries for having breached Ukraine-related…
“Dirty, Difficult, And Dangerous”: Why Millennials Won’t Work In Oil
Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry,…
Saudi Crude Inventories Continue To Decline
Saudi Arabia reported a progressive decline in domestic crude stocks for 16 of the 19 months between November 2015 and May 2017, according to a new report by Reuters.…
The Natural Gas Boom Shows No Signs Of Slowing
Last month the BP Statistical Review of World Energy 2017 was released. This report gives us the opportunity to review the big picture when it comes to global energy supply and demand.…
Hedge Funds Bleed As Oil Price Recovery Fails To Materialize
Large hedge firms that had banked on an oil price recovery in the first half of 2017 are now reeling from the effects of a bearish market that shows…
One Way Or Another – Venezuela Will Send Oil Prices Up
In a desperate bid to survive its economic meltdown, Venezuela is lobbying other OPEC members to agree to steeper oil production cuts, a move that would likely lead to higher…
Stability Is Returning To Oil Markets
The last couple of years have been turbulent for the international oil market and all of its players. But there are signs that the waters are beginning to calm, as…
Oil Up As Saudis Consider Deeper Output Cuts
(Click to enlarge) (Click to enlarge) Chart of the Week:(Click to enlarge) •…
Are More Bankruptcies On The Way For U.S. Oil?
Something that’s been whispered about in the last few months is now being talked about loudly: U.S. oil drillers’ debts. There have been a few notable warnings that shale boomers…
Norway’s Giant Gas Field Is Set For Record Output
The giant gas field that holds around 40 percent of total gas reserves on the Norwegian Continental Shelf (NCS) is set to produce a record amount of gas this year,…
Russian Oil Output Falls While OPEC Boosts Exports
All data below is based on the latest OPEC Monthly Oil Market Report. All data is through June 2017 and is in thousand barrels per day.
World Class Oil Discovery Puts Mexico Back In The Race
The UK-based Premier Oil, along with its partners Talos Energy and the Mexico City-based Sierra Oil & Gas, announced a potentially huge new oil discovery off the Mexican coast…
New Nano Light Detector Could Change Solar Panels Forever
In today’s increasingly powerful electronics, tiny materials are a must as manufacturers seek to increase performance without adding bulk. Smaller is also better for optoelectronic devices—like camera sensors or solar…
Tesla Faces Stiff Competition In Energy Storage War
A week after Tesla announced it had won a tender for the installation of the world’s biggest battery storage system in Australia, Siemens and AES launched a joint…
Could Trump Crush Iran’s Energy Plans?
Iranian officials continue to encourage multinational fossil fuel companies to pursue production deals in the country, despite disconcerting rhetoric from the White House that suggests the 2015 nuclear deal, which…
Ukraine Aims To Join European Power Grid
The Ukrainian state operator of power transmission lines, Ukrenergo, signed an agreement on June 28 with the European Network of Transmission System Operators for Electricity (ENTSO-E) to integrate Ukraine’s power…
Kyrgyzstan Seeks Funding For Ambitious Hydropower Project
Kyrgyzstan has signed a deal with a Czech company specializing in renewable energy to take over a hydropower project that the government sees as key to ambitious plans to export…
Oil Inventories Fall, But OPEC’s Problems Persist
Friday July 14, 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…
