 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.710 | -0.004 | -0.13% |
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 2 days | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 8 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 8 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 8 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 8 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
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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% |
Rivian, Lucid, Tesla Stocks Tumble As Price War Escalates
Ford's price cuts for its…
The EU Allows Members to Ban Russian LNG as Imports Climb
The European Parliament approved rules…
Energy / Energy-General
Will Belarus Be The Next Ukraine For Russia?
While periodic anti-government protests are met with a strong security response, regarding Belarus’ relationship with Moscow, the weak status of the opposition and the economic interest found in maintaining the…
Uber Aims To Launch Flying Taxis In Dallas And Dubai By 2023
10 years ago, the concept of self-driving cars seemed the stuff of science-fiction. Today, self-driving cars are not an uncommon sight in some cities and the U.K. government has just…
Czech Republic Aims To Cash In On The Lithium Boom
Demand for lithium, frequently referred to as "white petroleum," is expected to triple by 2025, as it has become an irreplaceable component of rechargeable batteries used in high tech devices…
WTI Is Still Ranging And On The Turn
A couple of weeks ago I opined in these very pages that WTI was essentially trading in a range created by sensitivity to its own price. The theory was that…
Oil Majors Are Ready To Rake In Profits
Friday April 28, 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 - 28th April, 2017
Politics, Geopolitics & Conflict • If you think what is happening right now in Macedonia is not important from a geopolitical perspective—think again. It might not be as sexy as…
Are We Nearing A Trend Reversal For Crude?
June West Texas Intermediate Crude Oil futures is under pressure this week, but in a position to close higher for the week if enough buying comes in to drive the…
Why Is China Funding Unsustainable Coal Projects In Pakistan?
On April 16th, Chinese investments in Pakistan through the much-vaunted China-Pakistan Economic Corridor (CPEC) were revised upwards, from $46 billion to a whopping $62 billion. The project, part of…
Exxon Hikes Dividend Yet Again, Despite Low Oil Prices
ExxonMobil has continued its streak of hiking its dividend, announcing another increase in its payout to shareholders on Wednesday. The oil major has boosted its dividend every year for more…
Is The Geopolitical Risk Premium In Oil Overrated?
When OPEC instituted their recent production cuts, the theory was that oil markets would balance after crashing in 2014. After Donald Trump won the presidency, many speculated that price fluctuation…
Is The Market Running Out Of Patience With OPEC?
Just as we warned yesterday following the EIA inventory and production data release, the exuberance over the crude draw was misplaced (due to the surge in product builds and almost…
Space Mining: The Final Frontier For Oil Countries
The centuries-long human fascination with space may go beyond making sci-fi movies and into a brave new world of asteroid mining within just a couple of decades. While scientists and…
GM Factory Seizure Threatens Oil Sector In Venezuela
The Venezuelan government’s seizure of a GM factory, as reported by Reuters, signals that the deeply corrupt regime of President Nicolas Maduro is escalating its self-defeating actions. Ironically, for oil…
Russia Thwarts ISIS Attack In Far East Oil Hub
Russia’s Federal Security Service, the FSB, said on Wednesday that it had foiled an attempt by alleged Islamic State supporters to carry out a terror attack in a crowded…
Oil Prices Pull Higher As Refiners Soak Up Soaring Crude Imports
In today's game of rock-paper-scissors from the weekly EIA inventory report, crude inputs were propelled higher (like a rock), blunting the impact of super-strong imports (the scissors). On paper, the…
Will Russia Join The OPEC Cut Extension?
As the global oil supply glut grows, Russia has not yet climbed on board of OPEC's production cut agreement extension. (Click to enlarge)
Could Lack Of Transparency Hurt Aramco’s Trillion Dollar Valuation?
Saudi Aramco’s IPO, slated to raise between $100 billion and $400 billion from a 5 percent stake in the company, will continue to make headlines until its launch. Lately, discussions…
As Conflict Rages On, Russia Lands Oil Deals In Syria
Russia’s brazen confidence in its victory in propping up Syrian President Bashar Al Assad’s once-failing regime grows day by day, as evidenced by Moscow’s latest oil deals with the Syrian…
Low Oil Prices Force Abu Dhabi To Sell U.S. Assets
Prolonged low oil prices— which have prompted all companies in the sector to rethink strategies and shore up finances —have not spared the wealthy Middle Eastern governments and their state-held…
Exxon Attempts To Maneuver Around Russian Sanctions
It’s all over the news: ExxonMobil has applied for a waiver from the economic sanctions against Russia—and specifically Rosneft—in order to resume its joint operations with the Russian state…
