 |
Louisiana Light • 1 day | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.719 | -0.015 | -0.56% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 9 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 9 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 9 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 9 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 1 day | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Small Banks Significantly Boost Loans to Oil And Gas Firms
Regional banks BOK Financial, Citizens…
The Rise and Fall of Master Limited Partnerships
Master limited partnerships (MLPs) were…
Energy / Energy-General
The Energy Sink: Why The Ethanol Dream Is Unrealistic
If I told you that I had created a process to extract pure gold from seawater, you might deem it an amazing accomplishment. If I issued a press release stating…
Russia Strengthens Energy Ties With India
Tanker diplomacy In conjunction with the Dutch oil firm Trafigura and Russian fund United Capital Partners (UCP), the Russian state oil firm Rosneft closed a $12.9 billion deal with Indian…
Where’s Texas Oil Output Headed?
The Railroad Commission of Texas (RRC) has recently reported new data for oil and natural gas output through August 2016. Dean Fantazzini has kindly shared his corrected data using the…
Why Oil Bears Should be Alert to the Possibility of a Reversal Next Week
Regular readers will be aware that I have, for the last few weeks, been generally bearish on the price of oil, and for two main reasons. The strength of the…
Worrying Signs In The Oil Markets
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…
Global Energy Advisory October 28th 2016
Politics, Geopolitics & Conflict • The Niger Delta Avengers have again violated the ceasefire negotiated with the Nigerian federal government, blowing up Chevron’s 100,000-bpd Escravos pipeline. The militant group had…
Can Crude, NatGas Break Out Of Their Range?
Both December Crude Oil and December Natural Gas markets are experiencing weakness at this time for various reasons. Crude oil, for example, has been pressured off its recent high because…
Expert Commentary: The OPEC Oil Rally Is Over
• Oil moved in a narrow $49-$51 range early this week before settling near $49.70 Thursday afternoon. On the bearish side, Russia and Iraq offered uncooperative sound bites regarding production…
Oil Markets Don’t Buy The OPEC Deal Just Yet
We begin with a look at the key figures in the energy market this week, with oil prices falling on Friday morning as a result of OPEC infighting and traders…
Oil Prices See Biggest Weekly Loss In Six Weeks
Despite a weaker dollar, oil prices are limping lower into the weekend, set for a first weekly decline in six. Next week we get a new month, and an onslaught…
U.S. Oil Rig Count Falls For The First Time In 4 Months
This week’s Baker Hughes report shows a small two-rig decline in the United States oil count, ending what was 17 straight weeks of no-decline in the active rig figure,…
Exxon Books 38% Lower Earnings In Q3, Blames Refining Margins
ExxonMobil reported earnings of US$2.65 billion for the third quarter of the year, or US$0.63 per share, largely in line with analyst expectations. The positive result reaffirmed the company’s…
Will U.S. Oil Exports Help Restore Its Waning Geopolitical Influence?
Since the U.S. lifted its restrictions on crude oil exports in December 2015, a dozen new countries have joined its long-term export partner Canada, which had been exempt from these…
Will Electric Cars Be Cost Competitive By 2020?
The energy market is constantly transforming and advancing the way we use everyday products. Very soon, the internal combustion engines we’ve been accustomed to for over 100 years, may…
Post-ISIS Mosul Awaits Russia vs. Turkey Stand-Off
In early 2015, the United States’ campaign against the Islamic State’s oil resources proved to be ineffective, with the terrorist group recovering quickly from strikes meant to disable its…
Iran’s Crude Exports To Fall Of A Cliff In November
A typically low seasonal demand in Europe will lead to Iran exporting 1.89 million bpd of crude oil next month, the lowest level since July, Reuters reported on Thursday,…
Oil Prices Rally On Saudi Rhetoric
Wax on, wax off; oil prices are rallying after selling off for the last three days, egged on by yesterday's supportive inventory report and the ebb and flow of OPEC…
Tesla Q3 Reports Modest Gain On Credits, Faces Tough Road Ahead
Contrary to consensus analyst expectations, Tesla has turned in its second-ever quarterly profit, for July to September, boasting that Q4 would also be in the black—but some analysts remain skeptical…
Bankruptcies In Oilfield Services Are Accelerating
Clouds have been clearing for oil producers in the U.S. oil patch, but it looks like things are a bit different in oil field services. In fact, they’re quite a…
Is Nevada Sitting On One Of The Biggest Undiscovered Oil Fields?
Most of the giant oil fields on earth, ''elephants'' are deposited in passive margin shelves like the Paleozoic passive margin shelf of the Great Basin of western Utah and eastern Nevada. These…
