 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 23 hours | 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 • 10 mins | 2.737 | +0.003 | +0.09% |
|
Bonny Light • 23 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 23 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 22 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 22 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 22 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 22 hours | 76.96 | +1.46 | +1.93% |
|
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% |
Oil Prices Erase Gains as Iran Downplays Reports of Israeli Missile Attack
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China Exports Gasoline Using Blockchain In Unprecedented Move
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Energy / Energy-General
Terrible Timing For An OPEC Failure
Friday March 31, 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 31st March 2017
Politics, Geopolitics & Conflict • Brexit could be good for the UK’s oil and gas industry, according to some observers. The reason is that unlike the financial industry, which is…
Are Crude Inventories On The Cusp Of Decline?
The strong performance on Thursday has put crude oil in a position to finish the week at a three-week high. The week began with the market being underpinned by reports…
Oil Prices Rise Above $50 On Outages, OPEC Expectations
Oil prices rose this week as markets are more optimistic about an extension of the OPEC output deal and falling gasoline inventories (Click to…
Westinghouse Bankruptcy Could Stall UK Nuclear Plans
Late last week press reports indicated that Japan’s Toshiba Corp (6502.T) was preparing a bankruptcy filing for its Westinghouse nuclear design and construction subsidiary. Bankruptcy would affect the prospects for…
Are Gulf Oil Producers Falling Into The ‘Venezuela Trap’?
Oman has struck a deal with several banks for a $4 billion loan to be repaid in future oil deliveries. Abu Dhabi signed a contract with commodity trading giant…
These Fundamentals Point To Higher Oil Prices
Gasoline demand is rising again in the U.S., helping to drain the exceptionally high levels of refined product inventories. That provides a small bit of bullish evidence for a market…
RoboTaxis Will Be Commonplace By 2040
When the great grandson of Henry Ford says that future of auto manufacturing and marketing will soon be shifting seismically, you’d better pay attention. Bill Ford, Jr., Ford’s chairman and…
Russia Reaches 2/3 Of Oil Output Cut Target
Russia has cut crude oil production by 200,000 barrels daily, Energy Minister Alexander Novak said. That’s two-thirds of the amount it agreed to cut under the OPEC-non-OPEC agreement closed…
Huge 300,000 Bpd Fracklog Could Derail Oil Price Recovery
Thousands of drilled shale wells are sitting idle, unfracked and uncompleted. The backlog of drilled but uncompleted wells (DUCs) grew dramatically beginning in 2014, as low oil prices forced drillers…
Maduro’s Last Stand: Military Takes Over Struggling Oil Sector
As Venezuela’s foreign currency reserves have shrunk to $10.4 billion USD, so have the country’s goods in stock, against the background of gas, energy and medicine shortages, crime rates…
The 5 Biggest Strategic Petroleum Reserves In The World
The U.S. is the world’s largest holder of emergency crude stockpiles, but now it’s selling off reserves, while China, the second-largest, is taking advantage of low crude oil prices to…
Is Elon Musk’s Model 3 Production Plan Too Ambitious?
Elon Musk, Silicon Valley's automotive visionary, loves to wow the world with grandiose visions that serve primarily to reinforce his position at the top of the list of tech titans.…
Shale Drillers Hedge, Putting A Cap On Any Oil Price Rally
Shale companies are increasing their hedging in order to provide some clarity for 2017 and guard against another possible downturn in prices. U.S. shale companies have hedged about 27…
Saudi Arabia Will Not Break The OPEC Deal
The OPEC deal is turning out to be a failure, but has it led the Saudi’s to abandon the deal? Have they cheated on their numbers? These were the questions…
Saudi Aramco IPO Under Pressure, As 9/11 Lawsuits And Oil Prices Hit
Saudi Aramco’s IPO future looks a bit more bleak than was expected. U.S. lawsuits by American insurance companies and the continuing threat of low oil prices are pushing Saudi Arabia…
The Wealthiest Oil & Gas Billionaires In The U.S.
Forbes has published the latest edition of its global list of billionaires, featuring 565 from the U.S., which made the country the top generator of billionaires again. Figures from…
Oil Prices Recover As OPEC Extension Seems Likely
Oil prices inched higher on Tuesday morning as buyers joined the fray, aided by a more positive OPEC attitude towards a deal extension.
Oil Prices Spike As Traders Anticipate Bullish Inventory Data
Two-hundred and nineteen years to the day after the washing machine was patented, oil prices are continuing to spin around support at the $48 level. As buying interest returns today…
Oil Majors Lower Risk: Favor Shale Over Offshore
The first three months of this year have made one thing crystal clear: Big Oil is set on expanding in shale—hardened by the lessons the oil price crisis taught it—and…
