 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 16 mins | 2.731 | +0.017 | +0.63% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 1 hour | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 hour | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 1 hour | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 1 hour | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
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Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Breaking News:
U.S. Drilling Activity Continues to Drop Off
The total number of active…
The Oil Price Rally Has Stalled... For Now.
Oil prices have been climbing…
Energy / Energy-General
Why Is Big Oil Backing The Paris Climate Agreement?
Joining the ranks of former Exxon CEO, and now Secretary of State, Rex Tillerson, the chief executive of another big U.S. energy company, ConocoPhillips, is saying that the U.S. should…
Can Oil Supply Keep Up With Surging Demand?
IEA chief sees no peak in oil demand, but slowed investment will reduce supply Global oil demand could outpace supply after 2020, according to a release from the International…
Rise Of U.S. Shale Could Jeopardize OPEC Deal Extension
OPEC and the U.S. continue to fight for dominance in the global oil market. The battle has been recently been defined by OPEC’s production cuts, but new U.S. shale production…
Investors Confident Of A Big Upwards Move In Commodity Prices
After finishing 2016 up 25 percent, commodities are getting another boost from bullish investors. Investment bank Citigroup forecasts commodity prices will increase this year on strengthening demand in China…
Is The Lithium Bubble About To Burst?
After rising aggressively, some would argue that lithium prices have already peaked. Reuters quotes Paul Robinson, director at consultancy CRU Group saying that prices have little upside because demand…
Turkmenistan’s Gas Gloom
Turkmenistan President Gurbanguly Berdymukhammedov and his government just cannot seem to get a break lately. Not that they necessarily deserve it. But all the same, Turkmenistan's last realistic hope to…
Mongolia Investing Nearly $1 Billion To Develop Downstream Capabilities
The proposed refinery, to be located in the Sainshand soum (district) in the province of Dornogovi, is forecast to cost around $700m, with a further $264m to be spent on…
Tipping The Balance: The $50 Sweet Spot
This week, an update on an investment I recommended last year in late May – Silver Run Acquisitions Corporation, then the SPAC of ex-CEO of EOG Resources, Mark Papa. That…
Oil’s Big Drop: The Contrarian View
One of the first things I learned as I started my career in a dealing room was that, unlike in a marriage, on a trading desk being a contrarian made…
Oil Market Anxiety Returns
Friday March 10, 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 March 10th 2017
Politics, Geopolitics & Conflict • Iran and Iraq have reached an agreement that will see a resolution of the two neighbors’ squabble over oil and gas fields they share territorially.…
Crude Collapses To Trade In Lower Range
The energy complex was most interesting this week. Crude oil prices collapsed, led by heavy fund liquidation after another surge in U.S. inventory and production. Natural gas rallied as winter…
How Much Further Can Oil Prices Fall?
Oil prices fell nearly 8 percent this week as speculators rushed for the exit and closed near record long positions.
BP Shares Surge On Reports Of Exxon Takeover Approach
U.S. energy giant ExxonMobil (NYSE:XOM) has reportedly gauged potential interest among BP’s major shareholders regarding a possible takeover, British newspaper Evening Standard reported on Friday, sending BP’s stock…
Oil Trades Down 1.6% As Baker Hughes Reports 12 Rig Gain In U.S.
This week’s Baker Hughes report shows the U.S. domestic oil rig count up eight sites this week, bringing the total to 617 active oil rigs – the highest since…
China Teapot Refineries Lobby For Fuel Export Ban Removal
Independent Chinese refineries, known as teapots, are lobbying with the government for the lifting of a fuel export ban that has cut a major source of income. The export…
What Does OPEC Do Next?
Time is of the essence. If you fail to comprehend future market conditions and fail to steer the ship in the right direction, it can lead to disaster. This is…
Can The Permian Outgrow The Giant Saudi Ghawar Field?
When the Permian Basin in West Texas—which has been pumping oil for nearly a century—was fueling the U.S. and Allied forces in World War II, currently the world’s biggest conventional…
Is The Oil Price Plunge A Turning Point?
WTI futures fell $2.86 from $53.14 to $50.28 per barrel, and Brent futures dropped $3.81 from $55.92 to $52.11 per barrel. WTI is trading below $49 and Brent below $52…
OPEC Offers Olive Branch To U.S. Shale
Anybody who is anybody in the world of oil is gathering in Houston this week for the IHS CERAWeek Conference, an annual get-together of top industry analysts, executives and government…
