 |
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 • 168 days | 81.76 | +2.02 | +2.53% | ||
|
Gasoline • 11 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 • 18 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 18 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 18 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 18 hours | 75.70 | -0.05 | -0.07% |
|
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% |
Rivian, Lucid, Tesla Stocks Tumble As Price War Escalates
Ford's price cuts for its…
Central Banks Grapple With Inflation Threat Amid Oil Price Rally
Central Banks are reluctant to…
Energy / Energy-General
Saudi Arabia Is Willing To Crash Oil Prices
Following OPEC's blame-mongering statement earlier today -"observers should not be quick to judge or criticize" the organization - it appears mutiny is occurring within the cartel as OPEC sources report…
Surging M&A Activity Suggests The Worst Is Over For Oil
The second half of 2016 is shaping up to be one of the most active for M&A activity in the U.S. oil and gas industry, a sign that companies and…
Pirates Threaten Oil And Gas Shipping In The Red Sea
In November 2015, UK-based maritime security consultancy Ambrey Risk warned that the drop off in media reports of piracy in the Gulf of Aden should not make shipping operators…
Nigeria Requires Constitutional Revisions To Stop Oil Attacks
The upper house of Nigeria’s parliament, the Senate, has finally approved the long-awaited second reading of an oil industry overhaul bill that has been stagnate for ten years—a necessary…
Is A Pan-Asian Power Grid Possible?
After a series of massive investments into the power industry, China is now looking for ways of exporting excess electricity. This past March, the Interconnection Development & Cooperation Organization…
Electric Cars To Reshape Copper And Oil Demand
EVs could demand enough copper, other metals to dwarf oil market fallout: BHP According to Bloomberg New Energy Finance, EVs could displace 2 million barrels a day of oil demand…
Is This The Most Bearish Oil Report Of All Time?
Oil prices plunged on Wednesday following data showing a massive buildup of crude oil inventories in the U.S., pushing WTI down to $45 per barrel, the lowest level since September.…
OPEC Is Now Irrelevant – This Oil Price Plunge Is Different
OPEC Price Band Not very long ago, oil prices traded at well below $20/b and OPEC anxiously came up with a mechanism which it termed as “OPEC Price Band' $22-$28/b”.…
How Realistic Are Current Climate Change Goals?
My previous post on an energy transition promised to consider the level of climate change that might be associated with such an Energy Transition. Rather than use Webhubbletelescope’s CSALT model…
BP And Shell Optimistic The Market Is Turning
BP and Royal Dutch Shell reported their latest financial figures for the third quarter and both companies showed some improvement, a sign that the oil markets are starting to find…
Which Non-OPEC Producers Can Be Expected To Cut?
Last week, Venezuelan oil minister Eulogio del Pino released a list of states invited to participate in the Organization of Petroleum Exporting Countries’ (OPEC) ongoing negotiations regarding a much-anticipated output…
Oil Sells Off As OPEC Remains Divided On Deal
Oil prices remained week on Tuesday morning despite a weaker dollar, whereas gasoline prices pumped on yet another outage on the Colonial Pipeline.
Oil Prices Near One Month Lows As Gasoline Spikes
As gasoline charges higher due to another outage on the Colonial pipeline, crude prices are getting caught up in its slipstream, being dragged higher after yesterday's drubbing. Tomorrow brings another…
U.S. Gasoline Price Jumps After Colonial Pipeline Explosion Kills One
Gasoline futures were surging almost 10 percent on Tuesday morning after Colonial Pipeline had to shut down part of its main pipeline for a second time in less…
Zombie Drillers: A Halloween Horror Story For Oil Markets
Investors may not realize it, but the Walking Dead is not the only zombie show running right now. The oil markets are at least as scary and have zombies that…
105 Oil & Gas Bankruptcies: But Production Isn’t Shrinking
The oil price crash has been creating a wave of energy-related bankruptcy filings in the past two years, prompting many U.S. energy companies that were previously sitting comfortably with high…
Oil Prices Slammed By Higher OPEC Exports
Happy Halloween! Crude is definitely spooked today, running scared as non-OPEC countries met over the weekend to discuss potential production cuts - but were unable to commit to anything concrete…
Iraq Publishes Oil Data Never Seen Before To Prove OPEC Wrong
Iraq has released detailed data about the crude oil output at each of its 26 oilfields as well as equally detailed export figures in an attempt to prove that…
Will Oil Majors Ever Recover?
The oil majors began reporting their third quarter earnings in recent days, and the figures do not look good. The three-month period ending in September saw oil prices sink to…
Is the Era of Oil Megaprojects Over?
BP said earlier this year that its capex for 2016 would come in at less than the US$17 billion it had initially planned for the year. Shell
