 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.722 | -0.004 | -0.14% |
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 1 day | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 6 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 6 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 6 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 6 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
U.S. Drilling Activity Continues to Drop Off
The total number of active…
Tanker Markets Set to Soar As ‘Final Frontiers’ Heat Up
The tanker market is likely…
Energy / Energy-General
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…
Confidence And Cash Return To Oil
Friday, October 14 2016 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…
Global Energy Advisory October 14th 2016
Politics, Geopolitics & Conflict • Russia and Turkey this week signed the contract for the Turkish Stream gas pipeline that will carry Russian gas under the Black Sea to Turkey.…
Are Crude And Gasoline Looking At A Short-Term Top?
Crude oil and natural gas futures posted volatile moves this week that may be setting up another sharp rise to the upside, or a corrective move to the downside. Both…
OPEC Won’t Have Much Sway On Oil Prices
In sticking with our recent $42-$50 forecast for WTI we underestimated the ability of OPEC + Russia to talk the market up while behaving bearishly. Although recent production data for…
Is China Creating A $100 Billion Energy Giant?
As China wants to reduce the number of its state-held firms, the government plans to merge chemical groups Sinochem and ChemChina to create a global oil and chemicals giant worth…
U.S. Rig Count Rises To 8 Month High As Permian, Eagle Ford See Decline
Houston oilfield services company Baker Hughes, Inc. showed a four-rig increase in the United States oil count, marking 16 straight weeks of no-decline in the active oil rig figure…
Crude Cracks Below $50 On OPEC Silence
Oil is trudging tiredly lower into the weekend, exhausted after an onslaught of oil-specific releases and (another) week of ongoing OPEC rhetoric. Hark, here are five things to consider in…
The Saudi Aramco IPO May Be Bigger Than First Thought
Information about Saudi Aramco IPO advisors to be released soon Saudi Aramco plans to sell shares in its entire business, the company’s CEO Amin Nasser said. When the IPO was…
Can We Trust The Saudis To Stick To The OPEC Deal?
As Saudi Arabia leads the Organization of Petroleum Exporting Countries in developing a six-month freeze deal, investors and industry officials should consider one key factor before rocking the markets: can…
