 |
Louisiana Light • 2 days | 74.87 | +3.05 | +4.25% | ||
|
Bonny Light • 1 day | 78.10 | +2.42 | +3.20% | ||
|
Opec Basket • 2 days | 75.01 | +0.41 | +0.55% | ||
|
Mars US • 14 hours | 71.20 | -0.46 | -0.64% | ||
|
Gasoline • 37 mins | 2.723 | +0.011 | +0.39% |
|
Bonny Light • 1 day | 78.10 | +2.42 | +3.20% | ||
|
Girassol • 1 day | 78.52 | +2.19 | +2.87% | ||
|
Opec Basket • 2 days | 75.01 | +0.41 | +0.55% |
|
Peace Sour • 5 hours | 67.45 | +0.39 | +0.58% | ||
|
Light Sour Blend • 5 hours | 68.75 | +0.39 | +0.57% | ||
|
Syncrude Sweet Premium • 5 hours | 77.70 | +0.39 | +0.50% | ||
|
Central Alberta • 5 hours | 67.05 | +0.39 | +0.59% |
|
Eagle Ford • 2 days | 69.29 | +3.55 | +5.40% | ||
|
Oklahoma Sweet • 2 days | 69.25 | +3.75 | +5.73% | ||
|
Kansas Common • 28 days | 64.52 | +0.64 | +1.00% | ||
|
Buena Vista • 5 days | 75.42 | -1.20 | -1.57% |
Are Oil Prices Set For A Quick Comeback?
The energy sector has been…
Will Brent Break Below $70 This Year?
Brent slumped to $70 on…
Energy / Oil Prices
Economy, not Physical Markets, Driving Oil Prices
The U.S. Department of Energy last week issued one crude oil loan from the Strategic Petroleum reserve to Marathon Petroleum Co. as gulf operators dealt with the effects of…
Why Oil Prices are 10 Times More than in 1998
What were the prices of oil and gasoline in 1998? Do you remember? Without looking them up (or looking below this line), make your best guess.I've been taking…
Where Will Oil Prices be in 2020?
Citi is projecting that (PDF) oil costs will stabilize at $80 to $90 a barrel by the year 2020. And a recent report from Harvard's Belfer Center warns that…
Peak Oil and Presidential Campaigns - Where will Prices Go?
As Labor Day nears, a quiet summer seems poised to turn into an autumn to remember. Our concern here, as it has been for many years now, is the price…
The Underlying Causes of Oil Price Fluctuations
After oil and gasoline prices continued their relentless march up earlier this year, it was nice to have some relief at the pump in May and June. However, since the…
What has been Driving Global Oil Prices Recently?
The price of Brent crude oil fell $35/barrel between April and June. But increases this summer have taken about $25 of that back.
Why the Oil Futures Market did not Contribute to High Oil Prices
A recent study by Luciana Juvenal and Ivan Petrella suggests that the financialization of oil futures markets contributed significantly to the surge in oil prices after 2003.
Gulf Tensions Cloud Oil Markets
Oil markets reacted Monday to a naval escalation near Dubai, highlighting on-going tensions in the Persian Gulf region. Oil prices Friday surged higher following economic statements from China, which has…
Stagnant Economy Means Stagnant Oil Prices
Government intervention in the labour dispute in Norway pushed crude oil prices back below the $100 mark after a brief spike Monday. Authorities said the strike halted about 15 percent…
Why Low Oil Prices Indicate the World is Heading for a Recession
Are lower oil prices good news? Not really, if it means the world is sinking into recession.We know from recent past experience and from common sense that higher…
Oil Prices Could See a Major Shift in Direction in the Near Future
Since I first started writing about energy in 2005, I have said many times that my view on oil prices is long-term, and that if I projected five years into…
Factors Affecting the Price of Oil
It seems that no matter what financial series you look at, there's a similar pattern of ups and downs over the last few years. I was curious to get a…
Low Oil Prices have Created an Opportunity to Invest in High Yield MLPs
The dramatic collapse in the price of oil is creating a rare opportunity to get into some of the highest yielding paper in the financial markets, master limited partnerships (MLP)'s.…
Behind the Low Oil Prices Lurks a Struggling Economy
As oil prices drop to below $90 a barrel this week, reaching a seven-month low, it’s fine to take heart in the accompanying dip in gas prices at the pump,…
How Index Buying Affects Crude Oil Futures Prices
In my previous post I described a new research paper with University of Chicago Professor Cynthia Wu on the Effects of Index-Fund Investing on Commodity Futures Prices.…
What's Driving Oil and Gasoline Prices in the US?
Here I comment on some recent developments affecting oil and gasoline prices.There is no oil shortage in the central United States, and has not been for some time,…
Oil Prices Could Follow Gas Prices Down as Demand Decreases
It’s not entirely a serious proposition — yet.But the point is the global market for hydrocarbons is undergoing a fundamental change, and whether you are a major energy…
The Problem with Banning Oil Speculation
Joseph P. Kennedy II, former Congressional Representative from Massachusetts, and founder, chairman, and president of Citizens Energy Corporation, has a proposal to make energy affordable for all. All we…
Should we Limit Speculation in the Oil and Gas Markets?
Let’s Play ‘Blame the Speculators’Most people would probably agree that speculation in the oil and gas markets is hurting American consumers. Consider the case of Aubrey McClendon.…
How the U.S. Could Protect Itself Against Volatile Oil and Gas Prices
Global oil prices are driven by a ‘rule of thumb’ that suggests prices will go up when the spare capacity of oil available on any given day is less than…
