 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.590 | +0.012 | +0.47% |
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 1 day | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 3 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 3 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 3 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 3 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
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Energy / Energy-General
The Presidential Debate: Clashing On Energy
In a U.S. election year that has seen scant public discussion of any substantive issues, beyond the building of walls and the deportation of immigrants, the issue of U.S. energy…
Low Oil Prices Are Not The Reason Oil Companies Are Going Bankrupt
The reason oil companies have gone bankrupt over the past few years is not due to “historically low oil and natural gas prices” as stated in this article. Here is…
Why Oil Prices Will Rise More And Sooner Than Most Believe
As the September 26 to 28 “informal” meeting of OPEC producers in Algeria draws near, media speculation could easily cause mental anguish. On oil news websites simultaneous headlines claim OPEC…
A Freeze Won’t Do – OPEC Needs To Cut Production
One million barrels of oil per day is the magic amount of oil output that must be reduced globally to rebalance the energy markets and jumpstart a rise in oil…
Energy Is At The Center Of Falling Productivity Growth
What really causes falling productivity growth? The answer seems to be very much energy-related. Human labor by itself does not cause productivity growth. It is human labor, leveraged by…
Kuwaitis Disgruntled By Slashed Fuel Subsidies
The government’s recent decision to make cuts to Kuwait’s petrol subsidy system is expected to boost state coffers amid low global oil prices, despite some push-back from organised labour. In…
Is Canadian Oil Actually Subsidized?
At the conclusion of the G20 conference in China this month, the assembled countries pledged yet again to end fossil fuel subsidies. An action item read the attendees would,…
Will Oil Forever Divide Iraq?
Power-sharing in Iraq Ever since the establishment of Iraq as a state, the arrangement of power-sharing within the country, on both political and economic bases, has been at the…
OPEC Sets the Stage for A Price Crash
Friday, September 23 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 September 23rd 2016
Politics, Geopolitics & Conflict • The Iraqi-U.S. coalition is advancing on Mosul, the northern Iraqi city that is one of the few remaining strongholds of Islamic State. Before the final…
Expert Commentary: Is There Still Hope For An OPEC Deal?
• OPEC leadership’s discussion of its upcoming meeting dominated oil market headlines this week and helped lead a $4 rally from Monday through Thursday in WTI from $42.55 to near…
Market Update: Oil Crumbles After Saudis Pull The Plug
Oil prices fell fast on Friday afternoon after Saudi Arabia claimed that "doesn't expect any decision" next week at OPEC’s unofficial meeting in Algiers.
Oil Plunges As Oil Rig Count Rises To Seven Month Highs
This week Baker Hughes reported that two additional oil rigs went online in the United States, making it the fourth straight week of increased oil rigs, and 13 straight…
Crude Crashes As Saudis Kill OPEC Meeting Before It Even Started
Crude prices are selling off, aided by Saudi comments that a decision will not be forthcoming from next week's OPEC meeting in Algiers. Add to this news that the Federal…
Russia And Saudi Arabia Playing A Risky Game Ahead Of OPEC’s Meeting
Having suffered massive oil revenue shortages and budget deficits since the oil price collapse in 2014, Russia and Saudi Arabia have now agreed to cooperate on stabilizing the oil market.…
Why Oil Prices Can’t Stay Low For Much Longer
For many oil companies, the current downturn in oil is a back-breaker, but some have adapted to the falling prices and are fighting each day to survive and benefit from…
The Natural Gas War Burning Under Syria
Qatar always wanted to punch above its weight. In Syria, it got the chance. In 2009, Qatar, a leading natural gas producer, approached Syria about routing its planned 1,500…
The Old Wall Street Trader Is Dead, Algo’s Now Rule The Day
The classic Wall Street trader is dead. For decades, or even centuries, the professional investment markets were characterized by smart individuals buying and selling stocks, bonds, currencies, and commodities based…
Inventory Draws And Weaker Dollar Jolt Oil Prices
After being surprised by the voracity of the weekly oil inventory draw yesterday, oil prices have been rallying ever since. Today a move higher is being further encouraged by a…
Why Oil Markets Should Brace For OPEC Disappointment
There is a strong possibility that OPEC disappoints the oil markets in the coming days, offering either no production limit or a toothless agreement that may not even be finalized…
