 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 12 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 19 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 19 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 19 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 19 hours | 75.70 | -0.05 | -0.07% |
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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% |
Oil Prices Erase Gains as Iran Downplays Reports of Israeli Missile Attack
Oil prices surged early on…
Oil Price Volatility Soars Amid Geopolitical Uncertainty
Oil price volatility has climbed…
Energy / Energy-General
This Is Where Oil Majors Expects The Next Big Efficiency Jump
The race for using high-performance computing in oil and gas reservoir simulation, management and development is on. Oil and gas supermajors are continuously pushing for higher efficiency and lower costs,…
India’s Oil Demand Is Set To Break More Records
India continues to look for alternatives to oil imports as its auto sector, economy, and population continue to boom. India’s oil consumption growth reached a record-level 11 percent last…
Oil Moves Higher On Expectations Of Tighter Market
Oil prices gained on Monday and Tuesday as both traders and analysts see crude markets tightening as a result of OPEC output cuts.
‘’U.S. Oil Production To Soar By 3.5 Million Bpd Over The Next Five Years’’
Two years ago, when Saudi Arabia launched an unprecedented campaign to crush high-cost oil producers, in the process effectively putting an end to the OPEC cartel (at least until last…
Can Canada’s ‘Gas City' Replicate Qatar’s Success?
In 1883, a railroad crew was drilling for water near Medicine Hat, Alberta, to supply their steam engines. Instead of water, they discovered shallow pools of natural gas. More than…
Did The Bakken Fall Too Far Too Fast?
While the Permian field has enjoyed a continued boom, with a rising rig count and an increase in investment activity, other U.S. onshore shale and tight oil fields haven’t been…
Norway Doubles Down On Arctic Oil
While Canada and the U.S. ban Arctic drilling for oil and gas motivated by environmental concerns, and majors such as Shell pull out of their Arctic projects due to financial…
Who Will Win The Race In Russia’s Emerging Oil Frontier?
Russia’s gradual pivot to the Asia-Pacific region put a new spin on the nation’s exploration & development priorities. The Irkutsk region is emerging as one of the leading new hubs…
Oil Gains On Prospect Of OPEC Deal Extension
U.S. markets are closed today in observation of Presidents Day, but crude prices are still trucking on higher in thin electronic trading. Fun and games have been deferred until later…
Middle East Oil & Gas Investment Surges To $294 Billion
Although global oversupply concerns continue to depress crude prices, producers in the Middle East and North Africa (MENA) region have invested around US$294 billion in oil, gas and petrochemicals projects…
This Oil Nation Aims To Colonize Mars
The UAE may not be the first country that comes to mind when one thinks of space exploration, but it has big plans to colonize mars, and it’s got the…
Is Big Oil Underestimating Autonomous Vehicles?
Companies like Tesla, Uber and Google have sparked a lot of interest in the roll out of autonomous vehicles (AVs), or driverless cars, and while it is still early days,…
Russia Gains Upper Hand In Asian Oil War
The Saudi-led OPEC cuts may have supported oil prices and reduced market volatility, but they have also opened the door wide to rival crude grades flowing into the most prized…
Scotland Aims To Stimulate Oil Decommissioning With £5M Fund
Looking to spur business activity in Scotland for decom projects Scotland’s First Minister has launched a new £5 million fund that will provide opportunities for the supply chain in Scotland…
The Shift Towards Renewables Is Picking Up Pace
Renewable energy may have finally found its moment. Amid reports of solar power that is cheaper than any other energy source and massive investments in wind power across the mid-West,…
Why Is Smart Money So Long In Oil?
In a recent edition of his widely-followed newsletter (The Gartman Letter, 7 February 2017), commodities king Dennis Gartman observed that, “As of mid-week last week, the hedge fund community was…
Australia’s LNG Woes: A Glimpse Into The Future For The U.S.?
Two times last winter, Australians living in the country's eastern region paid more than twice as much for natural gas as did Japanese customers taking delivery of liquefied natural…
Blackouts May Cause Australia To Shy Away From Renewables
In 2015, Canberra signed the Paris COP21 Agreement pledging to reduce its carbon emissions. The government concurrently set its own voluntary target aiming to secure 23 percent of its energy…
Iran And North Korea: Is The Geopolitical Risk Premium Back?
It’s difficult to ascertain what non-OPEC, and even some OPEC members, will do about future supply cuts. According to energy trader, Martin Tillier, “90 percent compliance is a good sign…
Turbulent Times Ahead For Refiners
The crude markets stayed relatively flat for the last week, as the real battle continued to be waged between the major movers of oil prices. The fundamentals of supply and…
