 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.741 | +0.007 | +0.26% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 1 hour | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 1 hour | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 1 hour | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 1 hour | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Breaking News:
Europe's Love Affair with Electric Cars Wanes as Sales Plunge
Volkswagen's EV sales in Europe…
China Raises Gasoline and Diesel Prices amid Soaring Crude Oil Prices
China is raising from Wednesday…
Energy / Energy-General
Is This The Next Top Venue For Copper And Gold?
Licensing is a major part of the global chess game that is minerals exploration. With shifting rules around picking up and working ground being one of the biggest…
Forget The Glut – This Is Why Oil Prices Will Rise
The rate of oil production decline in the United States will accelerate in the 3rd quarter. It has already started. Per the EIA: In the last six weeks:…
Bizarre Lawsuit Could Derail Elon Musk’s Hyperloop
Just as Elon Musk’s revolutionary Hyperloop technology was starting to look like a serious business model, there are signs that one of the most promising companies commercializing the…
Faulty Data? Why The Oil Glut Could Be Much Smaller Than Believed
The oil price rally came to a quick end in June, topping $50 per barrel but quickly falling back again. Optimism stemming from the four-month rally has vanished,…
Why Are Oil Producers Rushing To The STACK?
Crude oil prices may be falling again but shale producers are building up their acreage and drilling wells, eying an eventual rebound. Naturally, cash-strapped shale boomers are looking…
Crude Falls Again As Short Positions Surge
After breaking technical support at $44, crude is charging lower to start a new week, once again weighed down by oversupply fears. As short positions build in the…
India Plans Merger Of 13 State-Run Firms Into Oil Giant
India’s government is considering launching talks to merge 13 state-held oil companies into one giant conglomerate that could rival some of the industry’s global giants, India’s Economic Times…
Resource Lawsuits Against Governments: $53.4B And Counting
$53.4 Billion In Resource Lawsuits It isn’t just miners that are having trouble with the Philippines government these days. Oil and gas firms also got into it with…
‘’The Worst Is Behind Us’’ Schlumberger CEO Sees Reason For Optimism
All’s not well in oilfield services, but it might start getting a bit better from now on. That’s the essence of a statement made by Schlumberger’s chief executive Paal Kibsgaard…
Why Libyan Oil Is Unlikely To Return In The Short-Term
On the surface, the announcement to unify Libya’s contending National Oil Corporations (NOCs) on 2nd July greenlights a turn towards the restoration of the oil sector. In an ambitious effort…
Busting Media Myths On Peak Oil
Almost synonymous with the term "peak oil" is M. King Hubbert, perhaps the foremost geophysicist of the 20th century, who first theorized about the eventual decline of oil…
Non-OPEC Production Peaks As U.S. Production Nears Bottom
The Bakken and North Dakota production data is out. (Click to enlarge)
Why This Earnings Season Could Be Difficult For Traders
Next week will be one of the busiest for Q2 earnings releases from S&P 500 companies in general, but it is also loaded with reports from the energy…
Gasoline Contango And Crude Inventories Weigh On Oil Prices
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 sector. Each week we’ll…
Expert Commentary: Bloated Inventories Keep Oil Prices Capped
• WTI consolidated near the $45 mark this week and achieved just a $2.40 range from Monday through Thursday as Summer Doldrums took effect. News flow and volumes were light…
Oil Continues To Plunge As Markets Turn Bearish
Oil prices fell again on Friday, endorsed by a stronger dollar and persisting fears of both a crude and refined products glut.
U.S. Oil & Gas Rig Count Jumps By 15, Pushing Oil Prices Down
The U.S. rig count is up 15 oil and gas rigs this week, nearly doubling last week’s rig increase and heralding new supply to add to the existing glut and…
Oil Prices Crumble Ahead Of Earning Season
Crude is heading lower into the weekend as supply glut fears persist, while further endorsement of a sell-off is provided by a stronger dollar. Hark, here are seven…
All Or Nothing For Erdogan: 200,000 Purged In Race For Absolute Power
Ankara has placed itself deliberately on an all-or-nothing path which envisages only Turkish strategic dominance, lightly disguised by attempts to diplomatically hold the international community at bay as…
Oil Rally Hopes Crushed As Inventories Hit All-Time High
Oil prices sank on Thursday following fresh data showing oil and product stocks rising to an all-time high. The EIA released its weekly data on…
