 |
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 • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 16 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 • 23 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 23 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 23 hours | 85.30 | -0.05 | -0.06% | ||
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Central Alberta • 23 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% |
What Does Renationalizing Thames Water Mean?
While pundits discuss the necessity…
U.S. Drilling Activity Inches Up
The total number of active…
Energy / Energy-General
OPEC Production Cuts: Here’s The Cheat Sheet
OPEC will present its Monthly Oil Market Report on the 18th of January, at a time when OPEC and non-OPEC members are making their first production cuts in line…
Saudi Arabia To Spend $50 Billion On Massive Solar Push
Saudi Arabia’s energy minister, Khalid Al-Falih, said that his country will begin soliciting bids for a “massive” renewable energy push, with spending to be ramped up to as high…
GreaseBook: Reporting Oil Production Just Became Much Easier
A new app developed in Oklahoma is looking to streamline communication between well pumpers and operators by eliminating the need for lengthy paperwork and prioritizing photo evidence as a…
Indonesia Just Rocked The Mining World With This Unexpected Move
One major event dominated mining news this week. Affecting nearly every major metal — from copper and nickel to gold and aluminum. An abrupt and unexpected change in mining laws…
Saudis, Kuwait, Algeria Cut More Than Pledged To OPEC
Saudi Arabia, Kuwait and Algeria may have cut their respective production below the levels they had promised in the OPEC deal, because all three are eager to show not only…
Oil Prices Slide As Saudis See No Need Of Extending OPEC Deal
Oil prices were down early Monday morning after Saudi Arabia signaled that OPEC was unlikely to extend the supply-cut deal beyond June, which sparked off renewed fears that the pledged…
U.S. Shale To Kill Off Oil Price Rally
Oil prices have been showing signs of weakness in recent days as concerns over excess supply are starting to crop up once again, potentially slamming the brakes on an almost…
What Is Holding Renewable Energy Back?
Bloomberg is now reporting that solar energy is cheaper than coal, and could become the lowest form of energy within a decade. Economies of scale are causing solar to…
Five Energy Predictions For 2017
I read an article this morning where one analyst predicted that we are in a 10-15 year bear market for oil. The analyst stated that the market is oversupplied by…
Russia Retains A Bullish Outlook On Brent
Russia’s Mineral Resources Minister, Sergei Donskoi, has demonstrated strong optimism about the direction oil prices are going this year and next. He believes that Brent crude could reach US$65…
Canada’s Oil Industry Goes On The Offensive
Based entirely on higher oil and gas prices and the need for exploration and production (E&P) companies to replace reserves to stay in business, Canada’s oilpatch may get the opportunity…
The Drug Cartels Are Taking Advantage Of Mexico’s Gas Protests
A couple of weeks ago we highlighted the protests that had engulfed Mexico after the finance ministry announced plans to raise gasoline prices by 20.1 percent starting January 1st.…
EDF Stock Yields 11%...And That's Not Good
When a utility stock pays a dividend that yields 11 percent it is either an overlooked steal or the equity of a company with big problems--and a dividend that's soon…
Where Will Oil Prices Go This Year?
2016 has been a chaotic year for oil prices, ranging from the capitulation of last January where prices were below $30 per barrel, to an inconsistent recovery, as a barrel…
Prepare For Another Shift In Mood In Oil Markets
No matter how many times I witness it (and after nearly thirty years in and around financial markets that number is probably in the thousands) the fact that the mood…
Oil Industry To Regain Strength In 2017
Friday January 13, 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 - 13th January 2017
Politics, Geopolitics & Conflict • Civil unrest in Mexico over a substantial hike of fuel prices is escalating. The hike, enforced from January 1, was part of government efforts to…
Prepare For Bearish News As OPEC Meets Next Week
It’s been an up and down week for crude oil futures with the price action playing out as expected. Going into the new year, we were looking for a choppy,…
Skepticism About OPEC Compliance Drags Oil Down
Oil prices inched lower on Friday afternoon as skepticism about OPEC’s compliance with the output cut deal continues to impact oil markets.
U.S. Oil Rig Count Falls For The First Time In 12 Weeks
The number of active oil and gas rigs in the United States dipped on Friday by 6 for a total of 659 active rigs, according to oilfield services provider Baker…
