 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.764 | +0.006 | +0.20% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 3 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 3 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 3 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 3 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
U.S. Drilling Activity Inches Up
The total number of active…
Could The U.S. Become Lithium Independent?
Despite having some of the…
Energy / Energy-General
The Rumors Are Back! Oil Rallies On OPEC Chatter
Oil prices rose Monday as modestly stronger margins for refiners provided support to the market despite the continuing glut of crude supply. The October contract for global benchmark…
Mexico Made $3 Billion From Oil Hedging In 2016 – What is Their 2017 Strategy?
Mexico is about to reap at least US$3 billion this year based on its sovereign oil hedge after having received a record US$6.4 billion in 2015. It is expected…
The Hyperloop One Lawsuit: A View From Within
After my commentary about the explosive Hyperloop One accusations by Brogan Bambrogan recently, company representatives reached out to tell their side of the story. Hyperloop One is…
Post Coup: Gazprom Still Eager To Complete Turkish Stream
On June 27, Russian President Vladimir Putin received a letter from President of Turkey Recep Tayyip Erdo?an, expressing Turkey’s willingness to restore ties with Russia (Kremlin.ru, June…
Is The Time Right For Solar Stocks?
With the economy as weak as it is now, there aren’t many good growth industries. The most commonly cited growth industry might be biotech, but the multiples in…
Speculators And Analysts Grow More Bearish On Oil
Friday, August 5 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…
Global Energy Advisory August 5th 2016
Politics, Geopolitics & Conflict The purge in Turkey is continuing and gathering pace, as it expands into more industries. Last week, President Erdogan shut down more than 100…
Markets Adjusting ‘’Violently’’ From 8 Week Plunge
September Crude Oil futures are poised to close higher for the week, signaling a shift in momentum back to the upside, after a prolonged move down in terms…
Oil Correction Stalls On Strong Dollar, Rising Rig Count
Oil prices reversed on Friday morning after a strong rally on Wednesday and Thursday while U.S. oil production continued to fall after a few weeks of respite.
Oil Reverses As Dollar Spikes On Strong Job Report
Welcome to another Nonfarm Friday! As job creation last month was much better than consensus (255,000 jobs created versus 180,000 expected, with an upward revision to prior data…
Yahoo Messenger Shuts Down: Oil Traders Looking For New Ways To Communicate
Yahoo Messenger is shutting down, leaving oil and gas traders, once dependent on Yahoo Messenger, looking for a new means of communication. The service was still active when the…
China’s Energy Sector About To Open Up For Foreign Investment
This past March, I wrote about some intriguing comments from the Chinese government. Suggesting that the nation might be on the verge of opening major opportunities in…
Despite Low Oil Prices, Saudi Arabia Stabilizing Economy
The Saudi economy is stabilizing after the government implemented pivotal reforms in order to address a fiscal and economic crisis because of plunging oil prices. Over the past…
Activist Investors About To Shake Up The Oil Patch
Activist investing has taken off in prominence in the last five years with guys like Bill Ackman and Carl Icahn making a very public case around firms from…
Angolan/OPEC Relations: Toxic or Worse?
On Tuesday, news broke of Angola’s decision to back out of a deal with Cobalt International Energy to purchase an oil discovery for $1.8 billion. Sonangol, Angola’s state…
Why Hybrids Are Better Than Electric Cars For Most Consumers
Politicians and consumers often grapple with what the best choice is in terms of vehicle purchases. Often this is framed as an “either/or” question: either all gas, hybrid,…
$40 Is A Trampoline For Oil Prices Once More
As crude hopscotches back above the $40 level, it is once again being used as a trampoline, propelling prices higher. Despite the Bank of Blighty (England) cutting interest…
EU Fends Off Gazprom, But Still Needs To Deal With Rosatom
Gazprom, Russia’s flagship energy company and the face of its geopolitical ambitions, is facing grim times. Although the company was able to report an almost five-fold profit…
Why Is High-Yield Energy Debt Decoupling From Oil?
The recent drop in crude oil prices has not reflected in the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA: HYG), as shown in the charts below.…
The End Of A Trend: Oil Prices And Economic Growth
It used to be that when it came to the world economy, oil prices and economic growth were more like distant cousins who disliked each other rather than…
