 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.764 | +0.006 | +0.20% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 3 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 3 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 3 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 3 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Breakthrough Paper-Based Battery Design Draws Inspiration from Plants
Researchers at Tohoku University have…
$2-Trillion Funding Gap Casts Shadow over Energy Transition
Blackrock's Michael Dennis said that…
Energy / Energy-General
Oil Tanks As Iran 'Claims' To Have Ramped Up Oil Production
Happy Friday! What a tumultuous week it has been (the first day seemed like a week, and the second day seemed like five days). The trifecta of monthly reports from…
PEMEX: We Will Be Profitable In 2019-2020
“Things are moving, and it is hard, but we are on the right track” – PEMEX CEO Jose Antonio Gonzalez Anaya During a conference call outlining the company’s five-year plan…
President Trump: This Is How To Bring Back 1 Million Energy Jobs
Dear President-Elect Trump, There’s work to be done. And I know you’re up for a challenge. In fact, I’m now sure of it. So let me lay out a policy…
IEA: If OPEC Doesn’t Cut, We’ll Drown In Oil
Various OPEC members have been busy looking for ways to get all members of the cartel to agree to a production cut, but outside the spotlight, as it turns out,…
Only One Thing Could Crush Global Oil Demand
Politicking for the U.S. presidential election is now behind us, so I thought I would write about something that’s more predictable – like oil market demand. Reflecting on the world’s…
OPEC Has To Dump Its Oil Strategy Just As It Begins To Work
Desperate times call for desperate measures. And when things no longer work, you throw them out. OPEC may be just that desperate, and perhaps it is now willing to throw…
Trump To Clear Way For Oil Pipelines
Donald Trump’s victory could ultimately lead to a lot more oil pipelines moving forward, one sector of the fossil fuel industry specifically targeted by environmentalists The most controversial project right…
How Important Is The Colonial Pipeline?
Refined products pipe’s second disruption highlights the value pipelines bring to U.S. consumers Colonial Pipeline’s Line 1 resumed shipping gasoline on Sunday morning, after experiencing its second outage this year…
Russia And Iran Sign Flurry Of Energy Deals, What’s Next?
As lifting of sanctions on Iran boosted the influx of Iranian crude into international oil markets, some analysts and industry experts reckon that Iran and Russia are likely to be…
Death By A Thousand Cuts: Can Trump Save U.S. Pipelines?
Energy Transfer Partners shareholders probably understand a little bit of the frustration that Transcanada shareholders felt a few years ago. ETP is in the process of building a new underground…
Money Managers Slash Long Positions On Crude Amid OPEC Disputes
Money managers have reduced their bullish crude oil bets due to disputes among OPEC members on how to implement the output ceiling agreed to in late September. Managers reduced their…
A Seismic Shift In The Middle East: Saudi Arabia Cuts Off Egyptian Oil
While the proxy war in the middle-east rages, a curious, and largely under the radar pivot has been taking place in one of the countries directly impacted by Hillary Clinton's…
Post-Election Oil Prices: Can We Expect A Plunge?
On Tuesday November 8, millions of voters will head to the polls in the United States to choose who will be the next president. That figure, either business magnate Donald…
Oil Markets On Edge Ahead Of Pivotal U.S. Election
We begin with a quick look at some of the critical figures and data in the energy markets this week, which show that oil prices have steadied on the eve…
OPEC’s Gloomy Long-Term Outlook For Oil Markets
Given the election is dominating much of the movement in markets today, and given the timely release of OPEC's World Oil Outlook, today's post digs into some of the longer-term…
Catching A Falling Knife: A Deepwater Buyout
Across the oil industry, many firms have started to see their stock prices stabilize. The offshore deepwater drilling industry is the exception. Deepwater drillers have continued to collapse in value.…
OPEC Sees Peak Oil Demand In Just Over A Decade
OPEC is hedging its bets regarding peak oil demand, and has included a scenario in its plans that account for it arriving in just over a decade, should the Paris…
$30 Oil Or Worse If OPEC Fails
After the worst week for oil since January, crude prices firmed up on Monday ahead of Tuesday’s historic election. Oil dropped 10 percent last week, in large part due to…
IMF Warns: Oil Economies Won’t Break Even Anytime Soon
A report from the IMF has warned that the “new normal” in oil will delay the economic recovery in oil-dependent countries. Few would be surprised by this, except perhaps…
Terrible Timing: Canada’s Carbon Tax Troubles
The treaty to reduce carbon emissions negotiated in Paris a year ago (COP21) officially comes into force today. Countries representing 55 percent of global emissions have moved from signing a…
