 |
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 • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.687 | -0.027 | -1.00% |
|
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 • 6 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 6 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 6 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 6 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
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% |
Central Banks Grapple With Inflation Threat Amid Oil Price Rally
Central Banks are reluctant to…
How Energy Investors Should Read The Fed’s Latest Notes
After another bout of intensive…
Energy / Energy-General
How Long Can The Permian Craze Continue?
The two great dueling forces in the world oil market, OPEC and American production, have created an atmosphere of uncertainty, as prices hover above $50. Last week the EIA reported…
These Oil Majors Just Made Egypt Their Highest Priority
Since 2011, political instability and regional insecurity have plagued Egypt’s economy, and the energy sector has not been spared. Until recently a net gas exporter, Egypt turned into a net…
Is The Bakken A Bust?
North Dakota has released December production data for the Bakken and for all North Dakota. They were a little shocking.
Are Ice Batteries The Future Of Energy Storage?
Call it one of the stranger battery storage systems out there. California municipalities are reportedly placing orders for as much as 1 MW of ice storage batteries from firm Ice…
Can Saudi Arabia Carry OPEC Through Spring?
Faced with budget strains amid low oil prices, Saudi Arabia ditched its pump-at-will policy and brought together the diverse group of OPEC nations to agree to production cuts late last…
Canadian Prime Minister Bans Arctic Drilling… For Now
Canadian Prime Minister Justin Trudeau has defended his government’s decision to ban all drilling for oil and gas in the Arctic for the next five years—for starters—in response to…
Are Oil Markets Ignoring Demand?
To the surprise of many, the OPEC and NOPEC deal is not only holding but overperforming. The compliance rate stands at 91 percent, with the recent OPEC Oil Market Report…
Russia Sanctions Scandal Only Begins With Flynn’s Resignation
The resignation of General Michael Flynn after only 24 days as national security advisor over secret conversations with a Russian diplomat may only be the beginning of a wider scandal.…
Electric Car Sales Undaunted By Low Gasoline Prices
While oil and gasoline prices have traditionally determined the fate of electrified vehicle sales, plug-in vehicles are seeing other forces shaping global markets. When oil prices plunged in 2014, hybrid…
Trump’s First Law Removes Transparency Rule For Big Oil
President Trump’s first legislative act was to sign into law a repeal of a transparency rule aimed at keeping public oil companies in check with regard to their international…
A Bloodbath Looms Over Oil Markets
Oil prices have traded reliably in the $50s per barrel since OPEC agreed to cut production last November, but having failed to break through a ceiling in the upper-$50s, crude…
Oil Prices Unlikely To Be Driven Any Higher By OPEC
OPEC is doing a surprisingly good job—at least initially—in complying with its promised output cuts, recent reports by international agencies and the cartel itself show. OPEC’s largest producer and de…
Banking Giants Miss Out On Oil’s Biggest IPO
The world’s biggest oil company is preparing for its IPO and it plans on relying on one of the world’s smaller investment banking firms. Saudi Aramco has tapped Moelis &…
Oil Flat As OPEC Cuts Offset By Shale
Oil prices are flat on Tuesday as both OPEC and U.S. shale exert influence on crude markets which continue to be in ‘’wait and see’’ mode
Oil Prices Edge Higher Ahead Of Inventory Data
In honor of Valentine's Day, oil prices are following the arc of Cupids arrow, and heading higher. Although another likely bearish weekly inventory report lies in store tomorrow, production cut…
Passing On The Permian: Has The Bubble Grown Too Big?
Has the Permian Basin become too hot? More companies and enormous sums of capital continue to flood into West Texas to take advantage of the most prolific shale basin in…
Will The U.S. See A Carbon Tax Under Trump?
Last week a group of Republicans and businessmen tabled a proposal for a carbon tax, designed to replace the Obama administration’s string of environmental regulations aimed at reducing climate…
Mafia, Guns And Clans: The Big Libyan Oil Heist
Libya’s oil production problems extend far beyond whether the forces of Tripoli or Benghazi secure ultimate control over the country: Clan-based militias are running their own smuggling operations, and their…
Qatar Petroleum Continues To Climb Past The Oil Majors
That Aramco is the world’s biggest oil producer is, it’s safe to say, common knowledge. The rest of the top 5 oil companies could be a bit difficult for a…
Oilfield Services Rush To Raise Capital As Oil Recovery Holds
The old saying goes in the investment business, “when the ducks are quacking you feed them”. And so it goes for Canadian publicly traded oilfield service (OFS) companies which are…
