 |
Louisiana Light • 1 day | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.720 | +0.007 | +0.24% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 1 hour | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 hour | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 1 hour | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 1 hour | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 1 day | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
The AI Revolution Has a Problem: Energy
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Tanker Markets Set to Soar As ‘Final Frontiers’ Heat Up
The tanker market is likely…
Energy / Energy-General
U.S. Crude Inventory Build Stuns Oil Markets
One hundred and seventy-one years after the birth of Nietzsche, and oil prices are gazing into the abyss. For yesterday’s weekly API report yielded a whopping +9.3 million barrel build…
Iran Could Trigger A Resource War On Several Fronts Other Than Oil
As has already been discussed at length, once the economic sanctions imposed by the U.S. and the European Union on Iran begin to be lifted next year, there is…
Canadian Utilities Embarking On Asset Acquisition Strategy In U.S.
One of the most interesting by-products of the recovery since Financial Crisis has been the rapid inflation of a variety of different types of assets. As the Fed has kept…
Weak Economic Data Hamstrings Oil Rally
One-hundred-and-twenty-one years after the birth of E.E. Cummings, and the crude complex is just like one of his poems – undecided about where it is going next. The crude complex…
Midweek Sector Update: Not Everyone Is Convinced By The Current Oil Price Rally
The rally in oil prices – jumping by around 10 percent in a week – took a breather at the start of this week, as the markets began to digest…
IEA Predicts A Dip In Crude Demand Growth Next Year
Thirty-five years to the day after AC/DC’s ‘Back in Black‘ went platinum, and storm clouds are returning to darken financial markets once more. Jumping right into overnight action, Chinese economic…
China To Continue Expanding Its Influence In The Oil And Gas Sector
Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its…
OPEC Thinks Oil Prices Have Bottomed
Happy Columbus Day! While most markets are open in the U.S., our friends in the North are closed today to celebrate Thanksgiving, while both Japanese and Brazilian markets are also…
Macroeconomic Instability For Emerging Markets Thanks To Commodity Bust
The bust in commodity prices is sending ripples through the world of emerging markets.Countries depending on resource extraction and exports of commodities have run into a brick wall…
Shedding Some Light On U.S. Energy Consumption
For an industry that has remained mostly unchanged throughout the twentieth century, lighting has seen a remarkable amount of turmoil and transition since 2000. Incandescent bulbs have been the standard…
Another High Risk, High Reward, Short Term Trade
Now that oil, as represented by WTI, has jumped above $50 and trades such as the Petrobras (PBR) purchase that I recommended a couple of weeks ago are showing a…
This Week In Energy: Can This Current Rally Last?
After weeks of floundering in the mid-$40s per barrel, a new rally for crude oil got underway this week. WTI jumped to $50 per barrel and Brent is now over…
Strong Rally In Global Equities To End The Week
With a hat-tip to birthday boy Scott Bakula, risk-on markets have made a quantum leap higher this week, and are continuing this trend today. Broader markets are full of the…
Energy Storage Just Got A Massive Vote Of Confidence
There has been a lot of skepticism about the future size of the energy storage business especially amid Tesla’s announcement earlier this year that it…
Can The Panama Canal Fulfill Its Global LNG Promise?
After delays, strikes, and cost overruns, the Panama Canal expansion is finally set to open in April 2016. But the global energy landscape has changed in…
Official: America Has A New #1 Supplier Of Uranium
There's one thing resource downturns are good for: seeing which projects and regions are the strongest in industry. And we got another big indication this week…
Highly Bearish Outlook For U.S. Natural Gas
Goodness, gracious! ‘Great Balls of Fire‘ was recorded some 58 years ago today, and is an apt way to describe the 8-14 day outlook from NOAA,…
Decoding Saudi Arabia’s Strategy In Its Oil Price War
Saudi Arabia has been in the line of fire for not reducing the production levels of OPEC since November 2014. By defying the international pressure to…
Most Of BP’s $20.8 Billion Deepwater Horizon Fine Is Tax Deductible
The U.S. Justice Department touted its historic settlement with BP over charges related to the Deepwater Horizon disaster in 2010. BP will be forced to…
The Numbers Behind The Current Oil Rally
Given it is such a colorful day in markets today, let’s do some painting by numbers to get a more complete picture of what is going…
