 |
Louisiana Light • 1 day | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 1 day | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.709 | +0.024 | +0.88% |
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 1 day | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 1 day | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 10 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 10 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 10 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 10 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 1 day | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 4 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 1 day | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 4 days | 87.31 | +0.41 | +0.47% |
Tesla to Lay Off Over 10% of Global Workforce
Tesla is laying off over…
Saudi Aramco Eyes Stake in Chinese Petrochemical Firm
Saudi Arabia’s oil giant, in…
Energy / Energy-General
Iran’s Election Results Could Be Good News For Oil Majors
Iran’s 26 February parliamentary and Assembly of Experts elections saw strong gains for pragmatic forces, heralding a new openness in Iran and a much better window…
Oil Tankers Shun Suez Canal In Search of Cheaper Route
At a time when Egypt has just raised $8 billion to expand the Suez Canal project, reports are surfacing that global cargoes are increasingly bypassing the…
Former Chesapeake CEO Dies in Car Crash 1 Day After Federal Indictment
The former head of Chesapeake Energy died in a car crash in Oklahoma on March 2, one day after he was indicted on antitrust charges by the U.S. Department…
Oklahoma Shale Gas Icon Indicted For Rigging Lease Auction
The former head of Chesapeake Energy has been indicted on antitrust charges by the U.S. Department of Justice. Aubrey McClendon made a name for himself at…
Storage Stalemate Subdues Oil Prices
On the day that Lou Reed would have celebrated his 74th birthday, the oil market is taking a walk on the wild side ahead of EIA…
$32 Billion Loss Forces Pemex To Downgrade Offshore Ambitions
“Pemex is facing short-term financial difficulties,” Pemex’s new CEO José González Anaya told investors in a conference call on Monday. The…
The Race Between U.S. And Australian LNG Just Started
Cheniere Energy reached a milestone on February 25, dispatching the first shipment of LNG from its facility at Sabine Pass, Louisiana. The LNG tanker Asia…
Oil Finds Some Support As U.S. Output Falls
To begin with we will take a quick look at some of the critical figures and data in the energy markets this week, before establishing the key market movers and…
A Shrewd Approach To Oil Investing
The Federal Reserve Bank in St. Louis recently released a report speculating oil reaching $0 a barrel. They built a financial model based upon the…
Oil Erases Overnight Gains On Bearish Data
It is one hundred and twelve years after the birth of Glenn Miller, and while the oil market was in the mood for an overnight…
Oil Companies On Edge Ahead Of Super Tuesday
It has been a wild ride this election cycle, but with Super Tuesday upon us, the likely Presidential Nominees could be all but a foregone conclusion…
Gulf Stock Markets Feel The Pain From Low Oil Prices
Amid talk that the oil-rich countries of the Gulf Cooperation Council (GCC) enjoy a certain immunity to low oil prices—at least enough to keep the big…
Brazilian Oil Giant Petrobras Could Lose Its Most Valuable Assets
Brazilian state-owned oil company Petrobras, the most indebted oil company in the world, could soon lose its status as the top operator in some of the…
The U.S. Still Dominates World Oil Prices
World oil prices are controlled by the amount of crude oil stored at Cushing, Oklahoma. That’s because Cushing is the pricing point for WTI (West Texas…
Bond Markets Losing Faith Even In Large Oil Companies
Energy bonds have become so beaten down that the yields on bonds from some investment grade energy companies are spiking above the yields on junk-rated U.S.…
The Oil Market Is Beginning To Crack
One week ago, we reported that even as traders were focusing on the daily headline barrage out of OPEC members discussing whether or not they…
Oil Up On Positive Comments From Saudis
Seventy-six years after Hattie McDaniel became the first African American to win an Oscar, and the crude complex is looking inspired today. Given it is February…
Electric Vehicles Could Soon Reduce Oil Demand By 13 Million Barrels Per Day
Electric cars could upend oil markets much sooner than everyone thinks. According to a new report from Bloomberg New Energy Finance (BNEF), the rapid decline…
What Would Negative Interest Rates Mean for the Oil Market?
The dour economic environment is continuing to resist the best efforts of policy makers and central bankers around the world. The latest evidence of just how…
Upstream Debt May Put Pipelines Under Pressure
Just like everything else, the bankruptcy river flows downstream, and as upstream players look to pass their debt burdens onto midstream operations through a rash of…
