 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 14 mins | 2.707 | -0.007 | -0.25% |
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 2 days | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 8 hours | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 8 hours | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 8 hours | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 8 hours | 75.75 | -2.68 | -3.42% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Breaking News:
Iran Plays Down Risk of Retaliatory Attack on Israel
Iran is playing down the…
China Raises Gasoline and Diesel Prices amid Soaring Crude Oil Prices
China is raising from Wednesday…
Energy / Energy-General
Miliband’s Energy Price Freeze Lacks Long-Term Strategy
Labour leader Ed Miliband has decided to start a war with British energy suppliers, announcing major changes in the UK’s energy sector regulation if Labour wins the 2015 general elections.…
EIA Predicts U.S to be 2013’s Largest Petroleum Producer
The political gridlock in Washington has produced some interesting shutdowns as Congressional Republicans and Democrats sling charges of responsibility.Want to visit the Lincoln Memorial?Forget it.
Storing Carbon Dioxide in Fracked Shale Formations
Scientists estimate that about 10 to 18 gigatonnes of carbon dioxide could be stored in the Marcellus formation alone after the extraction of methane gas. The US has several other…
This Week in Energy: Welcome to the US Shale Reshuffle
This week we are watching with great interest what will be a reshuffling of US shale assets that paints an interesting picture of the emerging playing field. Anglo-Dutch supergiant Shell…
Fossil Fuel Demand is too High to be Controlled
American political conservatives like to say that their strategy of tax cuts all the time is designed to "starve the beast." The "beast," of course, refers to government, and…
The One Number Every Oil and Gas Investor Needs
I talked a little last week about the “recycle ratio”. This is a tool every oil and gas investor needs to understand. Without exaggeration, if you used only…
Kurdistan: Raising the Oil & Gas Stakes
Until Sunday, 29 September, Kurdistan (Northern Iraq) has not seen an attack of the kind that plagues the rest of Iraq on a daily basis since 2007.
Another Discovery for Financially Moribund Petrobras
Bottom Line: A new discovery for Petrobras offshore in the northeast of Brazil is good news in theory, but bad news in terms of investment for development that the state-run…
Canada Continues Wooing Asian Energy Markets
Asian countries continue to line up for Canadian energy to which the United States is unable to commit. This week Japan's prime minister Shinzo Abe met with his Canadian counterpart…
Despite Shale, OPEC Still Matters
The chief economist at the International Energy Agency said the Middle East will remain central to the international oil markets despite gains from North American shale. A slump in production…
Only Energy Isolation Equates to Energy Security
The United States could become nearly self-sufficient in oil within the next decade. Oil production from Texas, North Dakota and other shale-rich states means the country is less reliant on…
Charging Electric Cars from Old Pay Phones
With public pay phones a thing of the past, harkening to the days when Superman used them as a changing booth, the City of New York is toying with putting…
China to Double Power Generation by 2030
China—the world’s largest emitter of carbon-dioxide—expects power demand to grow by 5% annually and plans to more than double its power generation capacity by 2030 to meet this relentless…
Chevron Wins Another Victory in Ecuador Case
Chevron today won another small victory in the ongoing case over pollution of Ecuador’s Amazon rainforest at the US Court of Appeals in Manhattan, with the court rejecting Ecuadorian requests…
A Great Opportunity in the Oil Services Sector
I've recently found very little to like in the oil services sector, but a move this week has me looking very seriously at starting a position in National Oilwell Varco…
Maersk-Linked Company Could Win Monopoly over Russian Container Shipping
Bottom Line: Denmark-based Maersk Group’s APM Terminals owns more than 25% of Global Ports Investments (GPI), with Russian partners, and GPI is hoping to acquire the National Container Company (NCC),…
This Week in Energy: Driving Oil’s Ups and Downs
When the Fed decided last week to maintain its Quantitative Easing, oil prices responded with a $2/barrel rise. But this has been balanced by the diplomatic progress made on Syria,…
Washington Still Blocks Keystone as Canada Beats US in Energy Sustainability
The World Energy Council (WEC) has this week ranked Canada as number six in green energy credentials and environmental performance, nine places ahead of the United States. At the same…
Brazil Pre-Salt Reflects Changing Face of Energy Investment
As bidders registered for the first oil rights auction in Brazil’s pre-salt last Wednesday, the reaction was overwhelmingly pessimistic. Headlines focused on lack of oil majors such as ExxonMobil and…
GE Unveils Breakthrough Energy Storage Tech
General Electric has unveiled what is being lauded as breakthrough energy storage technology in the form of the new Durathon Battery to power an underground vehicle that transports mining materials.…
