 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.745 | +0.010 | +0.38% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 2 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 2 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 2 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 2 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Tesla Investors Brace for Worst Financial Report in 7 Years
Tesla is expected to report…
Why Shell Has Soured on The London Stock Exchange
British multinational oil & gas…
Energy / Energy-General
Plasma Jet Engines: Is Flying At 20Km Per Second Possible?
Those who watched The Space Between Us would surely have a fresh memory of the plane that Gary Oldman’s character flew from the ground into space. The plane probably used…
Is China’s Oil Demand Growth About To Plummet?
When OPEC sits down on Thursday, keeping the price of Brent above $50 (to avoid a budget catastrophe and social upheaval in Saudi Arabia) and below $60 (to prevent US…
Private Equity Employs Unusual New Strategy In Oil & Gas
I’ve written a lot recently about the surge in private equity for natural resources. With PE firms in the energy space being particularly dominant — holding an estimated $156…
Saudi Arabia Signs $50 Billion Worth Of Oil Deals With The U.S.
U.S. companies signed billions of dollars worth of deals with Saudi Arabia’s oil and gas industry during President Donald Trump’s visit to the Kingdom over the weekend, boosting bilateral business…
OPEC Deal: 9-Month Extension Looking Increasingly Likely
Markets are reacting favorably as OPEC hints at a 9-month extension of its production cut deal with the May 25 meeting just around the corner.
OPEC Optimism Lifts Oil Prices To One-Month High
Last week we discussed how some OPEC producers are exhibiting compliance via lower exports, while others are not. Our export data affirms what others are saying about Iraq: that…
Kuwait: Deeper Cuts Are On The Table
OPEC is committed to restore the balance of the oil market and is not ruling out any option for discussion at the upcoming meeting on Thursday, including considering deeper cuts,…
Saudi vs Shale: The Breakeven Myth
Saudi Arabia is well known for its super low production costs for oil. In fact, its oil is almost the cheapest to extract. Only Kuwait sports even lower costs, according…
This Could Be Oil’s Last Trip Into The $40’s
No need to bury the lede in this week’s column: OPEC will extend production guidelines in next week’s meeting in Vienna, and extend them even more than originally planned. The…
Saudis May Enter The Shale Game
Flooding the market has quickly emptied the kingdom’s checkbook In case you missed the past three years, on Thanksgiving Day 2014, OPEC announced it would not cut oil production in…
Guyana Oil: From Rags To Riches
The Search For El Dorado The first time I landed in Georgetown, Guyana, nearly a decade ago, the impoverished former British colony was grappling with limited economic fortunes. Covered by…
Shareholders Assess Climate Risks To Oil Majors
On May 12, shareholders of Occidental Petroleum - the $46 billion company oil and gas company - passed a resolution calling on the company to assess its vulnerability to climate…
Energy Industry Deals Expected To Be Struck During Trump’s Saudi Visit
President Trump’s first official overseas trip to Saudi Arabia is designed to address numerous critical security, economic, religious, and social issues. And while cooperation in the fight against terrorism is…
When Technicals And Fundamentals Come Together
Regular readers will by now be aware that I have a preferred style of trading. It is essentially contrarian and I like to buy things that have been under pressure,…
OPEC Is Driving Prices Up, But Where Is The Limit?
Friday May 19, 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 May 19th 2017
Politics, Geopolitics & Conflict • Iran is holding a presidential election today and there seems to be a consensus that the incumbent, Hassan Rouhani, is the likely winner. Rouhani came…
Why Natural Gas Prices Have Hit The Wall
July natural gas futures mounted a slight recovery on Thursday after the release of the weekly U.S. Energy Information Administration’s weekly storage report, however, the buying wasn’t strong enough to…
OPEC Pushes Up Oil, But Will The Gains Continue?
Oil prices broke the $50 mark in trading on Friday, suggesting that the OPEC deal extension rumors are still influencing markets. (Click to enlarge)
Rise In Rig Count Threatens To Undermine Recent Oil Price Spike
The number of active oil and gas rigs in the United States rose for the eighteenth straight week, Baker Hughes reported on Friday—this time by 16. The number of…
As Breakeven Prices Converge An Oil Price Crash Nears
No one should underestimate the impact of AI (artificial intelligence) on the future of the entire capital markets complex. The LinkedIn group, Algorithmic Traders Association, has recently been running…
