 |
Louisiana Light • 4 days | 89.16 | +0.62 | +0.70% | ||
|
Bonny Light • 1 day | 91.29 | -2.25 | -2.41% | ||
|
Opec Basket • 1 day | 89.57 | -1.20 | -1.32% | ||
|
Mars US • 165 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.786 | +0.002 | +0.09% |
|
Bonny Light • 1 day | 91.29 | -2.25 | -2.41% | ||
|
Girassol • 1 day | 91.81 | -2.21 | -2.35% | ||
|
Opec Basket • 1 day | 89.57 | -1.20 | -1.32% |
|
Peace Sour • 1 hour | 78.61 | -0.25 | -0.32% | ||
|
Light Sour Blend • 1 hour | 81.66 | -0.25 | -0.31% | ||
|
Syncrude Sweet Premium • 1 hour | 88.61 | -0.25 | -0.28% | ||
|
Central Alberta • 1 hour | 79.01 | -0.25 | -0.32% |
|
Eagle Ford • 1 day | 81.89 | -0.25 | -0.30% | ||
|
Oklahoma Sweet • 1 day | 81.75 | -0.25 | -0.30% | ||
|
Kansas Common • 4 days | 76.00 | -5.50 | -6.75% | ||
|
Buena Vista • 5 days | 88.72 | -1.19 | -1.32% |
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Energy / Energy-General
Sellers Take Control Of Oil Markets
September West Texas Intermediate Crude Oil Analysis September West Texas Intermediate crude oil futures are expected to close lower for the week. The market is being pressured by evidence of…
Pessimism Sweeps The Oil Markets
Oil has fallen lower this week, with a particularly bearish EIA report combining with geopolitical tensions in the Middle East to push…
U.S. Rig Count Continues Its Ascent Unabated
The number of active oil and gas rigs in the United States rose again this week by 11—making it 21 weeks of consecutive gains—the longest growth streak since at…
Libya’s Largest Oil Field Resumes Production
Libya’s largest oil field, El Sharara, has resumed production after workers had shuttered the 270,000-bpd field on Wednesday, protesting over the lack of medical treatment for a co-worker who…
Countering ISIS: Iraq Aims To Triple Its Refining Capacity
Iraq is planning to triple its refining capacity as the third-largest oil exporter increases crude oil production, Bloomberg reported, based on an interview with an official in the country.
Is $50 Oil Still Realistic?
Oil prices have plunged back to levels not seen since OPEC announced its original production cut deal last November. Prices have been falling since the group extended their cuts for…
Can Trump Solve The Gulf Dispute?
The buddy-buddy vibe of Gulf countries working together in OPEC has served as a band-aid that has covered up friction between the monarchies for the past couple of years, but…
Canada’s Oil Sands Open Up To Chinese Investment
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China's Crude Demand Soars As Maintenance Season Comes To An End
Thanks to a 13 percent surge in crude imports (as refiners prepare for maintenance season), China's trade surplus hit its highest since Jan (though -4 percent YoY). Imports (+14.8 percent…
Is The Electric Car Boom Overhyped?
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Hydrocarbon King: U.S. Ranks No.1 In 2016
Decreasing production in 2016 not enough to dethrone U.S. oil and gas industry Despite the lowest commodity prices in 13 years, U.S. oil and gas production in 2016 continued to…
Is Russia Running Out Of Patience With OPEC?
Fulfilling its promise to all other signatories of the Vienna deal, Russia has cut its crude production by 300 000 barrels per day. The relative ease with which both the…
JP Morgan Slashes Its 2018 Oil Price Forecast By $11
The U.S. shale-vs-OPEC-cuts tale has been the predominant theme in oil markets this year, and like the cartel’s output cut, it will be rolling over into next year as well.…
How Oil Tech Saved This Permian Town
While the oil price crash was forcing shale drillers to idle rigs, lay off workers, or go bust, some big producers continued to pump oil from conventional fields in the…
U.S. Oil To Break Production Record In 2018
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Oil Prices Collapse As The EIA Reports Unexpected Inventory Build
The Energy Information Administration poured ice cold water on the budding hope that inventory levels in the world’s largest oil consumer may be normalizing, by reporting a 3.3-million-barrel…
OPEC Production Spikes – Has The Cheating Begun?
OPEC’s crude oil production increased by 270,000 bpd in May over April, to stand at 32.12 million bpd--the highest level since January this year--as exempt Libya and Nigeria saw their…
Bearish News Mounts For Oil Markets
The 9-month extension to the OPEC deal has had a surprisingly negative impact on oil prices, which headed downward once again at the start of the week due to the…
The Unlikely Alliance Between Russia And Saudi Arabia
It is something of an unholy alliance, but Russia and Saudi Arabia are becoming ever closer allies in a graphic example of realpolitik. The two would probably be implacable enemies…
Oil Markets Unshaken By Rising Geopolitical Tensions
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