 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 27 mins | 2.732 | +0.007 | +0.25% |
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 1 day | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 24 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 24 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 24 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 24 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
Breaking News:
The Rare Metal Keeping Biden and Xi Awake at Night
Canada's eviction of Chinese investors…
Over 20% of the World’s Oil Refining Capacity Is at Risk of Closure
Wood Mackenzie has said that…
Energy / Natural Gas
Russia May Break Gazprom Monopoly To Stimulate LNG
A Russian Security Council commission has recommended breaking down Gazprom’s gas export monopoly in a bid to boost the competitiveness of Russia’s gas, Russian daily Vedomosti reported after seeing…
NatGas Plunges, But Long Term Outlook Remains Bullish
Natural gas prices plunged earlier this week in a move that looks like the final liquidation by investors who bet on a summer rally. The selling was strong enough to…
Is Egypt’s Zohr Field A Game Changer?
A politically turbulent six-year period has impacted the Egyptian business environment, adding a new layer of political risks to investments made across the national economy. Despite this, the outlook in…
Is A Bull Market For Natural Gas Around The Corner?
While the number of drilled but uncompleted wells (DUCs) in the U.S. oil patch is growing as producers wait for higher oil prices, the shale gas plays have seen the…
Why Are Majors Shying Away From Gazprom?
Despite being the operator of Russia’s only operating LNG project, Sakhalin II, Gazprom has experienced quite a bit of misfortune with its pursuits. Its flagship endeavor, Shtokman LNG, ran…
Why U.S. Shale Drillers Can’t Sell Their Gas
Natural gas output from the U.S. shale formations is at a record high. So are recoverable gas reserves, according to the Potential Gas Committee. This sounds like good news…
U.S., Russia Vie For European Gas Dominance
WASHINGTON: U.S. legislation renewing and tightening sanctions on Russia, stalled in the House of Representatives, was not passed before the U.S. and Russian presidents met at the G20 summit in…
Mexico Auctions First Gas Pipeline Capacity
Mexico’s National Center for Natural Gas Control (CENAGAS) conducted its first open season for capacity rights to its natural gas pipeline grid. The auction took place in May 2017. In…
A Natural Gas War Is Brewing In The Mediterranean
Offshore gas developments in the East Mediterranean region are heating up. Alongside increased exploration efforts and a possible gas pipeline deal between Turkey and Israel, geopolitical risks are increasing too.…
Why Mexico Got No Bids For This Key NatGas License Round
I’ve talked a lot the last few years about America’s increasing natural gas exports to Mexico. With outgoing pipeline shipments from America’s shale plays having more than doubled over the last…
Poland Seeks To Become EU’s Gas Hub
There’s no holding Poland back. A little over a month after it began to divest itself of reliance on Russian gas by taking ownership of the first U.S. shipment, the…
Could Qatar’s LNG Gamble Increase Tensions In The Region?
Early this morning (Qatar time), Qatar Petroleum announced it planned to increase production dramatically from its huge North Field in the Persian Gulf. The increase calls for the country’s gas…
U.S. Shale Gas Booming Despite Global Glut
The United States has led the pack in the shale revolution, profiting more than any other nation. The U.S. enjoys the benefit of having the majority of its wells…
The Shale Gas Revolution Is A Media Myth
Shale gas is not a revolution. It’s just another play with a somewhat higher cost structure but larger resource base than conventional gas. The marginal cost of shale gas production…
Expect More Mega Deals In This Oil & Gas Hotspot Soon
Lots of big news in oil and gas this week — including some follow-ups to recent stories I’ve been discussing. Including China’s CNPC further expanding influence in Brazil through…
U.S. Shale Just Triggered A Chemical Industry Renaissance
The shale revolution in the U.S. has led to a boom in domestic natural gas production, to the point that America is expected to become a net exporter of…
Is BP Shifting Its Focus To Natural Gas?
Trinidad, Senegal, Egypt efforts bear fruit BP announced highlights of its Q2 2017 exploration activities today, collecting the results of several different projects. Four discoveries representing 17+ Tcf of gas…
The World’s Largest LNG Buyer Just Completely Reshaped The Market
Very big development in the natural gas world this week. With the world’s top purchasing nation firing a shot at producers and sellers globally. That’s Japan — home to some…
China Banks On Natural Gas As Oil Production Tanks
Imports and output of natural gas rose more than twice the expected amount this year in China Imports and domestic output of natural gas are outpacing government projections in China…
Have Natural Gas Prices Hit A Bottom?
Natural gas prices are falling, and the speculators have cut their U.S. natural gas net long positions for the fourth straight week. Does this indicate further weakness, or is this…
