 |
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 • 29 mins | 2.741 | +0.027 | +1.01% |
|
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 • 15 hours | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 15 hours | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 15 hours | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 15 hours | 75.75 | -2.68 | -3.42% |
|
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% |
Breaking News:
The EU Allows Members to Ban Russian LNG as Imports Climb
The European Parliament approved rules…
Shell Considers Leaving London Stock Exchange
Shell's CEO has expressed dissatisfaction…
Energy / Energy-General
Tillerson Discloses Assets Of $400 Million
One day after Exxon announced it would sever ties with its former CEO and Chairman, Rex Tillerson, who is slated to become Trump's secretary of state, in the process…
EIA Boosts Bullish Oil Sentiment With 7.1-Million Barrel Draw
In its first crude oil inventory report for the year, the EIA said commercial stockpiles stood at 479 million barrels, a draw of 7.1 million barrels from its last…
Saudi Arabia Continues To Lead The OPEC Cuts
In a sign that Saudi Arabia plans to initially comply with OPEC’s production cuts, state-run Saudi Aramco is discussing with customers the possibility to cut its February crude loadings by…
Saudi Aramco IPO May Not Happen If Oil Prices Rise
Apart from trying (and managing) to talk up oil markets in recent months, Saudi Arabia has been stoking investment banks as well with the plan to sell 5 percent of…
Russia To Outperform China And Outlive Sanctions In 2017
A very busy year The last year was kind to Rosneft. Even with continuous low oil prices and the Western sanctions, the Russian state-owned oil giant signed a landmark refinery…
This “Rogue” Oil & Gas Nation Just Set A Slew Of Output Records
With 2016 now closed out, we’re getting the first looks at year-end data. And numbers from one nation in the energy space have been particularly eye-catching this week. Russia. Over…
Oil Major Shell Plans To Shrink As Oil Rebounds
Oil prices are rising and the industry is poised for a rebound, with U.S. shale spending set to soar in 2017. But for Royal Dutch Shell, this year will…
Will 2017 Be Musk’s Most Important Year?
It is going to be a busy 2017 for Elon Musk. The serial entrepreneur has made enormous strides with Tesla, SpaceX, and Solar City in recent years, but 2016 has…
Oil Markets Optimistic As Oil Turns Lower
Oil rallied into the new year, supported by output cuts from Oman, Kuwait and Venezuela, but fell during the day on Tuesday as a result of a strengthening U.S. dollar.…
The End Of The Rally? Oil Reverses, Natural Gas Trounced
After rallying like a mad thing to start the day (month, and year...), crude prices have reversed course, weighed down by a stronger dollar. Natural Gas starts the year with…
Hedging Rush Keeps Oil Prices Down
With Physical Hedging on Rise, Production Response May Weaken With OPEC and non-OPEC production cuts on the horizon (although not guaranteed), institutions exposed to oil have shifted their outlooks for…
Amazon’s Craziest New Business Plan
Amazon has always been an original. Ever since the company was founded it has done things its own way. For instance, that trend showed up last year when Amazon
An Open Letter To The U.S. Energy Secretary Nominee
Dear Gov. Perry: As the new energy secretary, if you are confirmed, you will have to learn a lot very quickly. The Department of Energy (DOE) is a cornucopia of…
Will Trump Privatize The TVA For $20 Billion?
The Tennessee Valley Authority has been a thorn in the side of American conservatives since its inception. But its history, beginning in the Great Depression, of flood control, munitions manufacturing…
Mexican Drug Cartels Threaten To Blow Up Gas Stations Over Massive Price Hike
While Mexico has reasons to be concerned about the upcoming presidential inauguration of Donald Trump, who has vowed to make life, and especially trade relations, for Mexicans far more "complicated"…
2017 – The Year Of The Drone
Drones are being seriously considered for use in a number of important applications from military functions, like bomb disposal, to energy applications, like remote pipeline monitoring and inspection. But as…
Are Proven Oil Reserves Just A Political Tool?
Jean Laherrere has posted the following charts and comments on Bakken and World oil reserves. EIA proved reserves on Bakken (ND + Montana) plus cumulative production have changed at end:…
2016: A Rollercoaster Year In Energy
It hasn't been an easy ride for anyone at any level in our industry. January brought headlines of a drop below $35 per barrel for 'the first time since 2004'…
How Misleading Are Solar Yields?
The Energy Returned on Energy Invested (EROEI) concept is very frequently used in energy studies. In fact, many readers seem to think, “Of course, EROEI is what we should be…
Expert Commentary: North-American Oil Production Resilient
1. Refined product fundamentals still improving (Click to enlarge)We are still seeing the best signs of market rebalance in refined…
