 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.733 | +0.004 | +0.14% |
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 2 days | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 3 hours | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 3 hours | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 3 hours | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 3 hours | 75.75 | -2.68 | -3.42% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 3 days | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 7 days | 89.36 | +0.64 | +0.72% |
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Energy / Energy-General
Oil Holds Gains After OPEC Deal
We begin with a quick look at some of the critical figures and data in the energy markets this week, with both oil prices and the rig count rising, as news…
Precipitous Fall In NatGas Prices Slows Down Energy Investment Here
Renewable energy costs continue to decline according to the U.S. Department of Energy (“Revolution Now”, September 2016). Since the DOE is often late to the party, we would not be…
Oil Hits Three Months High Despite Strong Dollar
And we welcome the distraction of tomorrow's inventory report with open arms, as well as Nonfarm Friday after that, as it takes some focus away from the ongoing OPEC shenanigans.…
What Happens If The OPEC Deal Fails?
Oil prices jumped six percent last week when news broke that members of the Organization of Petroleum Exporting Countries (OPEC) had agreed on the rough outline of a freeze deal…
OPEC Deal: Is $60 Oil Before Christmas Possible?
The agreement among OPEC members to cut production reached on September 28 caught the energy world by surprise, sending prices shooting up and eliciting estimates of price shocks from…
Is The Oil Price War Finally Over?
Let’s just hope it sticks. You see, chaps, the devil’s in the detail and the detail isn’t going to be agreed on until November 30th. As The Guardian put it,…
Will OPEC’s Gamble Pay Off?
The tentative deal that OPEC agreed to in Algeria last week has been met with a lot of skepticism, both because it might be difficult to finalize and because…
Does This Signal The Return Of OPEC?
The Wall Street Journal reported on Thursday: OPEC said its members agreed that they need to cut crude output to reduce the world’s supply glut, a shift for the…
OPEC Oil Production Rises Ahead Of Output Cut
It's a new quarter, a new dawn, a new day...and OPEC is feeling good. Brent crude prices have touched the $50 mark today before heading lower again, on signs that…
Shell, Chevron Drop Off Platts Top 10 Energy Firm List
Shell and Chevron were among the international oil giants that fell off the top 10 companies of 2016 in the S&P Platts’ annual ranking of the 250 biggest companies…
Smoke And Mirrors: What Did OPEC Really Agree On?
Oil prices shot up more than 6 percent this week on the news that OPEC reached a deal to cut oil production, but by Friday the rally seemed to be…
Is The Glut Coming To An End? Cushing Stocks Fall To 10 Month Low
Inventory levels at the massive oil storage facility in Cushing, Oklahoma, have fallen to their lowest levels since December 2015, according to Wednesday’s data from the U.S. Energy Information…
Oil Rig Builders Tap Into Offshore Wind Market
With the recent completion of the first wind turbine field off the coast of Block Island, many oil rig developers are shifting their attention to this popular new industry.…
Why Libya Could Completely Derail OPEC’s Deal
As speculators’ heads dizzyingly spin over OPEC’s Wednesday announcement that they will cut output from 33.24 to 32.5 million barrels a day, without noting where the cuts will be…
Why Are Investors Willing To Pay So Much For UK Utilities
National Grid and SSE, two of the UK’s largest utilities, have announced that they are planning to sell all or part of their gas distribution businesses. Prices discussed are well…
Tesla’s Self-Driving Car Continues To Improve
As of September 21st, owners of Tesla cars have been able to update their car’s OS to the latest software version, Tesla 8.0. This update comes packed with…
Gabon Aims To Boost Production After Joining OPEC
At the beginning of July Gabon joined the Organisation of Petroleum Exporting Countries (OPEC) after an absence of more than two decades. Gabonese authorities are looking for enhanced coordination with…
Why Is India Holding Out On The Paris Climate Agreement?
In setting out the framework for greenhouse gas emissions reduction worldwide beyond 2020, the agreement reached by the United Nations Framework Convention on Climate Change (UNFCCC) in Paris last year…
Freeport Bondholders Resist $2 Billion Oil Deal
Shares in Freeport-McMoRan Copper & Gold (NYSE:FCX) reacted negatively to reports that the number one publicly-held copper producer's sale of oil and gas assets could be in trouble. Bloomberg reports…
OPEC Throws Shale a Lifeline
Friday, September 30 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…
