 |
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 • 15 mins | 2.688 | +0.003 | +0.11% |
|
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 • 30 mins | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 30 mins | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 30 mins | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 30 mins | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 4 days | 79.62 | +0.41 | +0.52% | ||
|
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% |
Breaking News:
A Chinese EV Company That Represents Remarkable Value
Tesla shares have plunged to…
Tesla to Lay Off Over 10% of Global Workforce
Tesla is laying off over…
Energy / Energy-General
“Hot Lesbian” Ad Gets Canadian Oil Sands More Publicity Than It Deserves
In possibly one of the biggest marketing blunders of the millennium, a Canadian Oil Sands group has managed to alienate groups from almost every walk of life with…
Crude Holds At $40 On Weaker Dollar
After dipping briefly into thirty-dollardom yesterday, WTI is now using the $40 level as a trampoline. It is managing to muster a bounce today amid a dollar sell-off…
Pioneer’s $2 Operating Costs: Fact Or Fiction?
Image from ShortList.com Pioneer CEO Scott Sheffield made headlines last week when he claimed that his company’s Permian production costs “…can compete with…
ISIS Hits Largest Oil Field in Kirkuk, Kills Five
Islamic State fighters have killed five people in an attack on the largest oil field in Kirkuk, Bas Hassan, and have attempted to take down a gas compression…
Oil Flirts With Bear Market As Short Positions Surge Most In 10 Years Time
A new week, a new month, a new sell-off. Crude prices are charging lower to start the week as a plethora of bearish indicators emerge to encourage crude…
Saudi Arabia Slashes Crude Price To Asia
Saudi Arabia has decided to offer Asian customers the biggest discount in 10 months for its crude, as the kingdom’s refineries struggle with an oversupply thanks to…
The Zinc Crunch Has Finally Come
Very interesting comments on the zinc market the last few days from a major producer that says it is struggling to find projects for the metal — even…
The Problem With Big Oil - It’s Too Big
If what has been happening in oil and gas over the last two years was made into a TV show, it would have been a real hit. An…
The Energy Battlefield – New Tech Upending Decades Of Stable Markets
The world buys about $US 3.5 trillion worth of primary energy – coal, oil, natural gas, nuclear and renewables – every year. Fighting for every Megajoule supplied to…
Caspian Energy Under Threat From Terrorism
The effect of terrorism and the rise of ISIS on Middle Eastern oil sources has not gone unnoticed by global media. Less observed, however, has been the potential…
Why Utilities Won’t Be Upended By Renewables
Experts, especially in finance, often have a deservedly bad reputation. Their predictions, especially about things like the direction of interest rates or stock prices, are often more than…
Ignore Low Volume Market Zig-Zags In August
Heading into August, the smartest advice I’ve taken has been to back away from markets. Volumes are weak, interest is small (particularly in an election year), and the…
The Ideal Candidate To Play A Bounce In Oil
We all know in our heart of hearts that the real key to successful investing and trading is to be somewhat contrarian. Warren Buffet’s wisdom about the fearful…
Traders Grow Bearish On Glut, Rising Rig Count
Friday, July 29 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…
Expert Commentary: Don’t Be Fooled By U.S. ‘Production Gains’
• WTI sold off to a low of $41.04 this week, capping a $10.63 drop since June 9th. In our view the short-term bearish narrative of too much…
Oil Industry Slammed By Disappointing Earnings, Oil Price Plunge
WTI oil pared losses on Friday morning, breaking with a 6 day streak of losses. U.S. oil production also saw a slight increase, mainly due to higher output…
Oil Reverses As Buyers Enter The Market
A weaker U.S. dollar is once again wafting smelling salts under the nose of the crude market, and this time it appears to be working. A large miss…
Exxon Misses Estimates By A Mile, Plunges To Two-Month Lows
ExxonMobil reported on Friday earnings of US$1.7 billion for the second quarter, a 59-percent tumble on the year, amid sharply lower commodity prices and weaker refining margins. Earnings per…
Oil Majors Hit Hard As Refining Boom Comes To An End
British Petroleum, the first oil major to announce results on Tuesday, has reported the lowest refining margins for the April to June period in the past six years.…
Shell Disappoints Analysts With Abysmal Earnings Report
Royal Dutch Shell disappointed with its second quarter earnings, reporting numbers much lower than what analysts had expected. Shell’s profits fell by 72 percent, dropping to $1.05…
