 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.725 | 0.000 | 0.00% |
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 2 days | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 17 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 17 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 17 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 17 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
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Energy / Energy-General
Oil Markets On A Knife Edge Despite 91% OPEC Compliance
The first month of the six-month OPEC deal is in the books and the early signs suggest that the oil group is thus far coming close to delivering on its…
Iran’s Oil Industry Unshaken By New Sanctions
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Rise In Nationalism Could Set Oil Industry Up For A Surprise
Much of this week's resource news was driven by politics. The biggest development being the Philippines' mine ban, with protectionist moves in U.S. oil and gas also having critical implications…
Saudis To Raise $10 Billion Ahead Of Aramco IPO
Saudi Arabia’s oil giant Saudi Aramco has hired four banks as advisers to its first bond sale, possibly by June this year, ahead of a planned initial public offering next…
Gasoline Glut Could Ruin The Oil Price Party
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Will Trump’s Border Tax Plan Include A Loophole For Mid-East Allies?
A border adjustment to income tax that will see imports in the U.S. become more costly may need to be, well, adjusted, lest the country loses some key allies in…
Gasoline Prices Could Rise 30 Cents Because Of Border Tax
The border adjustment tax proposal in House Republican’s tax reform blueprint is widely seen as benefiting U.S. oil producers because it would exempt exports and tax imports. But while…
UAE Starts Execution Of $163 Billion Energy Transformation Program
In early January Sheikh Mohammed bin Rashid Al Maktoum, vice-president and prime minister of the UAE and ruler of Dubai, unveiled the UAE Energy Plan 2050, which aims to…
Oil Price Tug Of War
Since the Vienna oil deal (30th December) oil prices have been in a game of tug-of-war. On one side is the optimistic viewpoint in the form of production cuts and…
Hedge Funds Increase Long Bets Even Further
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 sector. Each week we’ll…
Dollar Or Iran? Oil Needs A Serious Catalyst To Breakout
- Oil traded in a painfully dull range yet again this week through Thursday ($54.34 / $52.24) after managing just a $4.53 range in January ($55.24 / $50.71.) The market…
Oil Prices Could Rise Further As U.S. Imposes Sanctions On Iran
Oil prices posted modest gains this week boosted by ‘good’ OPEC compliance, but a real catalyst for prices to move higher or lower still lacks
Rig Count Sees Largest 4 Week Gain Since April 2014
The number of active oil and gas rigs in the United States increased on Friday by 17, nearly erasing earlier gains to both WTI and Brent crude oil benchmarks. Both…
The 150,000 Oil Jobs That May Never Come Back
The political discourse last year has largely been dominated by the absence of jobs and wage growth in the blue collar space. For many blue collar workers, the energy sector…
New Methane Leak Detector Could Save Oil Industry $30 Billion Per Year
Laser-based detectors are the core of three recently publicized methane detection projects that aim to curb uncontrolled methane emissions at oil and gas fields and storage sites. The projects are…
Despite High Risks, Investors Remain Bullish On Energy
Notwithstanding Monday’s big stock market drop, the outlook for investors is getting cloudier. While President Trump and the Republicans have made many promises that appeal to investors such as corporate…
Is The Kremlin Funding A Campaign That Undermines U.S. Fracking?
The recent National Intelligence Council report assessing the involvement of Russia in last year’s U.S. presidential elections spurred a flurry of media reports suggesting that Russia is heavily involved…
Top 10 Bankruptcies Of 2016 Feature 9 Energy Firms
Low oil prices and the distress of the solar, coal, and oil and gas producers resulted in nine energy firms making the top 10 of public company bankruptcies for 2016…
Russia Claims Global Oil Output Down By 1.4M Bpd
Russian Energy Minister Alexander Novak has announced that global oil output was cut by 1.4 million barrels per day last month, in the aftermath of the deal between OPEC…
Are Dakota Access And Keystone XL Really That ‘Dangerous’?
“show me a pipe and I will show you a leak” …. Common Sense It’s no secret that the Keystone XL (KXL) and Dakota Access Pipelines were resurrected last week…
