 |
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 • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 8 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 • 15 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 15 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 15 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 15 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% |
U.S.’s New Hopes In Iraq Are Dashed As It Signs Longest Ever Gas Deal With Iran
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Shell's Undervalued London Listing a "Major Issue," Says Ex-Chief
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Energy / Energy-General
Oil Rebounds Despite Sour Sentiment
Markets remain on edge despite a recent upturn in oil prices. The risk that oil may fall into the mid-$30s is looming and could spell disaster for investors.
This Oil Giant Just Landed India’s Largest Foreign Investment Deal Ever
I wrote late last year about an unusual trend emerging in oil and gas M&A. Namely, a wave of outgoing global investment from E&P firms in Russia. And news…
Middle East At Point Of No Return As Saudi-Qatar Rift Deepens
Saudi King Salman’s decision to appoint his son Mohammed Bin Salman (MBS) as the new crown prince did not come as a surprise. For months, the power struggle between former…
Kurdistan Targets Saudi Market Share In The U.S.
Kurdish oil is headed for the United States this week, further buttressing the semiautonomous region’s economic independence as Erbil prepares for a referendum on political independence later this year. An…
Oil Industry To Waste Trillions As Peak Demand Looms
ExxonMobil and its peers risk blowing $2.3 trillion on oil projects that will not be needed if the world hits peak demand in the next decade. A new report…
Crisis-Stricken Venezuela Looks To Import Fuel
Venezuela is seeking more than 13 million barrels of fuel imports by the end of the year, which constitutes about a third of what the South American nation needs annually.…
What Is The Most Likely Outcome Of The Qatar Crisis?
Just a fortnight after President Trump’s visit to the Middle-East, many members of the GCC as well as Egypt, severed diplomatic, economic and security relations with Qatar. Saudi Arabia, Egypt,…
Russian Cyber Strength Pushes EU Into The Modern Era
On June 14, during the first international Global Cybersecurity Summit, in Kyiv, the secretary of the Ukrainian National Security and Defense Council, Oleksandr Turchynov, stated that “Ukraine has become a…
U.S. E&P’s See Reserves Drop As Oil Sands Struggle
Independent E&P companies saw liquids reserves decline again in 2016, as lower prices continued to squeeze producers. Oil prices in early 2016 dropped to the lowest levels in more than…
The Hidden Motives Of The Chinese Silk Road
China’s Belt and Road Forum, hosted with great fanfare, signals the priority of this flagship connectivity initiative while also underlining its credentials as the new “shaper” of global trends and…
Oil Prices To Stay Low If Global Credit Impulse Turns Negative
For some time I have explored the relations in developments for total debt [private and public], interest rates, Gross Domestic Product (GDP) energy consumption and thus also the oil price.…
Expansion And Diversification: Papua New Guinea’s Energy Sector
Rising demand and a need to boost connectivity to the national grid are driving rapid expansion in Papua New Guinea’s electricity sector, with a range of sources tapped to…
Tropical Storm Cindy Cripples Gulf Of Mexico Oil Production
Tropical storm Cindy—which made landfall in southwest Louisiana on Thursday and is moving northeast across the U.S.—has shut in around one-sixth of the Gulf of Mexico oil production and is…
What To Do As Oil Prices Plunge?
Everyone is scrambling for a new plan now --- now that oil is in its third mini-bust since the major bust cycle that began in 2014.
SPR Selloff Hits The Markets At The Worst Time Possible
Quick question, who has sold just over 11 million barrels of crude oil into the market since the beginning of March? Answer: The United States Strategic Petroleum Reserve ("SPR"). Many…
Will Shale Keep Booming At Low Oil Prices?
Friday June 23, 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…
Expert Commentary: Is An Oil Comeback On The Cards?
- 2Q’17 wasn’t supposed to go like this! Heading into the spring the broad consensus in the oil market was that aggressive global inventory draws would move WTI into the…
All Eyes On OPEC As Oil Prices Sink
Oil prices have been falling throughout the week, hitting a 10-month low on Wednesday, but Friday trading has seen a slight recovery. (Click to…
Underperforming Energy Sector May Soon See M&A Wave
Struggling oil prices in recent weeks have battered energy stocks and energy exchange-traded funds (ETFs) that have already been underperforming the market so far this year. Analysts reckon that over…
China Aims For Market Share In African Refining Sector
On 22 March 2017, Sinopec agreed a deal to buy out Chevron’s downstream businesses in South Africa and Botswana, in China’s first major investment into the downstream oil industry in…
