 |
Louisiana Light • 4 days | 87.09 | +0.49 | +0.57% | ||
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 4 days | 87.52 | +0.17 | +0.19% | ||
|
Mars US • 171 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.692 | +0.007 | +0.24% |
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 1 day | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 4 days | 87.52 | +0.17 | +0.19% |
|
Peace Sour • 3 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 3 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 3 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 3 hours | 75.50 | -0.32 | -0.42% |
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Eagle Ford • 4 days | 79.62 | +0.41 | +0.52% | ||
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Oklahoma Sweet • 4 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 6 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 5 days | 86.90 | +0.04 | +0.05% |
Big Oil May Not Support All Trump 2.0 Policies
Trump's two primary campaign promises,…
U.S.’s New Hopes In Iraq Are Dashed As It Signs Longest Ever Gas Deal With Iran
The sheer length of Iraq’s…
Energy / Energy-General
Can Oil Hold Onto OPEC Deal Gains?
Oil held onto gains on Friday afternoon after front month contract rolled over to the December contract. (Click to enlarge)
U.S. Rig Count Rises To 7 Month High
The United States saw a seven-site increase in the domestic oil rig count, making this the fourteenth week of no-decline in oil rigs counts, according to the Baker Hughes weekly…
Gasoline Demand Set To Collapse
U.S. gasoline consumption in August hit a new peak at 9.7 million barrels a day, a growth in demand that many oil bulls believe will be the driver for higher…
Is The Eagle Ford About To Stage A Comeback?
Eagle Ford has quietly slipped out of the shale boom spotlight over the past couple of years, its place now taken by its Texas neighbor, the Permian, with its easier-to-tap…
The Shakeout Continues: 100 Oil And Gas Bankruptcies Yet To Come
The more than two-year oil bust has led to a shakeout in the oil industry, with high-cost and inefficient drillers forced out of the market. About 100 bankruptcies have been…
9/11 Bill Crashes Saudi Stock Exchange, Bond Market Ambitions
With oil prices continuing to languish below $50 per barrel, the major oil producers in the Middle East are seeing their financial positions deteriorate. To plug the gap in the…
How The Oil Price Slump Affected The Ultra-Rich
Last year, the world’s ultra-rich added a bit more to their combined wealth and now hold a total of US$30 trillion in net assets. The number of individuals owning at…
What Do Driverless Cars Really Mean For Transportation
Headlines surrounding ride sharing apps and autonomous vehicles are nudging into my daily reading list like people butting in front of me in traffic. But I don’t mind. Since the…
US LNG Exports: Where Did They Go?
It’s been a long time since my last post, which is primarily due to the fact that most of my free time over the summer was devoted to helping write…
Oil Spikes After OPEC Reaches Deal On Output Cap
According to a Reuters source, The Organization of the Petroleum Exporting Countries has in fact reached a deal that will “limit” oil production, and oil prices are in for…
Inventory Draw And OPEC Rhetoric See Oil Seesaw
Crude is sailing in rough seas today, as the combo of an informal OPEC meeting and a surprising weekly inventory report has pushed and prodded prices around thus far. Hark,…
BP Faces Another Setback In Plans To Drill Pristine Australian Coast
BP’s controversial plan to drill in one of Australia’s unique ecosystems hit another snag this week. BP is hoping to drill in the Great Australian Bight, a stretch of coastline…
EIA Reports Yet Another Big U.S. Crude Draw
Crude oil markets got a boost of optimism from the EIA today, when the agency reported a 1.9-million-barrel decline in commercial crude inventories in the U.S, to a total…
Hopes For Output Freeze Dwindle As Iran Refuses Saudi Offer To Cap Production
Unless a miracle happens, there is zero chance of OPEC and Russia agreeing an oil output freeze in Algiers, after Iran refused to take Saudi Arabia up on its…
Saudi Arabia Is Indifferent To A Short Term Solution At Algiers
Saudi Arabia will deal ministers a 20 percent pay cut and scale back perks for government employees—two-thirds of employed Saudis—as it grapples with the realities that accompany an $87…
Is This $24 Billion Petrochemical Megaproject A Boon For Oil?
One market that energy investors sometimes spend very little time thinking about is plastics. Despite the fact that plastics are an oil derivative, energy investors tend to focus on other…
OPEC Circus Sees Oil Volatility Spike
Oil prices fell steeply on Tuesday afternoon on contradiciting news from the OPEC meeting in Algiers. …
OPEC’s Meeting: The Real Show Is On The Sidelines
Several of the world’s top oil officials are gathering in Algiers this week for the International Energy Forum, set to take place from Sept. 26-28. But the real show will…
Oil And Gas Bankruptcies Set To Double This Year
Creditors from bankrupt oil and gas companies are suffering in the current climate, as loan recovery rates have plummeted while insolvencies have increased, which may even be on a par…
Where To Find Value In Today’s Energy Markets
The easy money in the oil market bounce back has been made in the U.S. Oil stocks in the U.S. have largely soared since the start of the year, even…
