 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 20 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 4 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 20 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 20 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 11 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 11 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 11 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 11 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
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
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Profit Taking Is Putting Downward Pressure on Oil Prices
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Energy / Energy-General
Is Russia Unleashing A ‘’Resource War’’ With This Recent Slate Of Deals?
Huge deals struck in both the energy and mining sectors this past week — with one rising nation at the hub of them all. Russia. Russian resource firms kicked off…
EIA’s Contradictory Oil And Gas Predictions For 2017
Monday’s drilling productivity report from the EIA shows the agency’s somewhat pessimistic expectations for domestic U.S. production. From October to November, the EIA estimates total new-well oil production in…
Is This The End Of The Road For Apple’s Self-Driving Car?
Apple has all but thrown in the towel on its self-driving car endeavors. Its project Titan, which was supposed to release a fully autonomous vehicle in the early years of…
OPEC Deal Still Wobbly, But Oil Investment Takes Off
Oil prices traded sideways on Tuesday morning but were slightly up on Tuesday afternoon ahead of this week's inventory reports. (Click to…
India's Rising Significance In Oil Markets
It is a quiet day in the oil market, with a wee bit of movement in the dollar offsetting the ongoing helium-like influence of OPEC. We get another set of…
OPEC To Decide On US Joining Vienna Talks After Presidential Vote
OPEC will wait until after the U.S. presidential election on November 8 before deciding whether it will invite the US head of state to attend the cartel’s Vienna meeting on…
Tesla, Apple and Uber Push Lithium Prices Even Higher
After more than tripling in price this year, Lithium is no longer that dull commodity we take for granted in our consumer electronics: It’s the commodity powering the next, undeniable…
Oil’s Biggest Threat: Demand To Peak Within 15 Years
For more than two years the oil industry has suffered through its worst down cycle since the 1980s, and relief may not come until the middle of 2017 at the…
Low Oil Prices, Security Issues Deal Death Blow To Kuwaiti Parliament
Kuwait’s emir Sheikh Sabah al-Ahmad al-Sabah ordered the dissolution of Parliament over the weekend, citing security concerns and “the circumstances in the region”, which includes the oil price crunch…
Exxon Has Lost Over $1 Billion From Russian Sanctions
Exxon has turned into a collateral victim of the U.S. economic sanctions against Russia. So while supermajor BP’s chief executive Bob Dudley said earlier this week that he…
Texas Is Making An Energy Recovery
In the midst of the shale boom in 2013, Texas added more than 19,000 new jobs in the oil and gas production sector, leading the U.S. job increase in…
Is Clean Coal An Option For India?
In spite of the Indian government’s international commitments to clipping greenhouse gas emissions (driven home by the country’s ratification of the Paris climate agreement earlier this month), coal…
Canada’s Carbon Tax: A Model For The Future?
Prime Minister Trudeau "outsmarts opponents of carbon pricing" -- that's how the John Ivison of the National Post described it. Bloomberg said, "Trudeau’s national carbon tax is a…
The Oil Crash Nightmare For Kazakhstan
The latest meeting of the Organization of Petroleum Exporting Countries (OPEC) in Algeria, on September 28, brought some relief to producers, with the price of oil finally trading above $50…
Where Is Uber Going Next?
After three years, Uber has finally given up on expanding into China. Native Cab Company Didi Chuxing invested $1 billion in Uber along with 20 percent of their shares…
Oil Futures: Who Is Trading What?
A presidential commission tracks the crude oil positions that are reported each week: this week producers and processors are short, while managed money is long oil In its Weekly Commitment…
Lukoil Is Driving Diplomacy Between Russia And Iran
A long summer On September 17th, Iran’s parliament endorsed a new Petroleum Contract put forward by the energy ministry and the cabinet. The coming weeks will reveal which oil majors…
How European Central Banks Are Funding Big Oil’s Dividends
Oil companies and their beneficiaries that suffer from low oil prices are being rescued by the current ECB monetary policies. Negative interest rates and the ECB corporate bond purchase…
The Saudi Push For $60 Oil
There might have been a lot of skepticism in the preliminary OPEC production ‘deal’ that was announced a few weeks ago in Algiers, but much of that is now fading…
The Two Conflicting Influences that Will Keep WTI Rangebound
Looking back at the last couple of weeks’ price action in WTI one thing stands out. OPEC or no OPEC, the benchmark U.S. oil futures contract attracts plenty of sellers…
