 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 21 hours | 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 • 12 mins | 2.720 | -0.005 | -0.20% |
|
Bonny Light • 21 hours | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 21 hours | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 20 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 20 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 20 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 20 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:
Geopolitical Tensions Fail to Spark Oil Price Surge
The fluctuating prices in response…
Traders Became More Bullish on Oil As Middle East Risk Surged
The crude oil net long…
Energy / Oil Prices
Oil Market Forecast & Review 27th December 2013
February crude oil futures continued the rally it began several weeks ago at $92.10. Based on the break from $106.22 to $92.10, the market has already retraced more than 50%…
How Low Oil Prices could Cause the Death of Oil
There is a lot of confusion about which limit we are reaching with respect to oil supply. There seems to be a huge amount of “reserves,” and oil production seems…
Why the Iranian Nuclear Deal Could Lead to an Increase in Oil Prices
Why is Brent crude rallying in the face of a new Iran nuclear deal? Two words might explain it: Saudi Arabia. No one was more upset, save for…
Oil Prices Unlikely to Climb Much Higher
Nearly everyone believes that oil prices will trend higher and higher, allowing increasing amounts of oil to be extracted. This belief is based on the observation that the cost of…
Friggin’ in the Riggin’: Traders Claim Oil Price Manipulation
Before we start with this weeks news please do take a moment to look at our latest presentation which analyzes various developments taking place within oil & gas…
US Shale Oil Production Causes WTI Price to Fall
According to data from the U.S. Energy Information Administration, U.S. crude oil inventories rose by 5.2 million barrels last week, the fifth largest build of the year, with stocks at…
U.S. Oil Prices: Let the Good Times Roll
The case for oil prices also depends on the value of the dollarA funny thing happened on the way to the euro. When first introduced to the global…
The Best Way to Beat Today’s High Costs in Oil and Gas
I’m a big fan of royalty companies. And I want to tell you about a new firm I’ve found, that’s using this time-tested model for stable profits—run by some very…
US-Russian Agreement Over Syria Brings Oil Under $107
The diplomatic rabbit that Russia pulled out of its hat (actually out of John Kerry’s hat) by suggesting that Syria could hand over its chemical weapons to an international body…
Why Military Action Against Syria could Cause Oil Prices to Fall
Over the last month, oil prices have been steadily climbing due to an assortment of factors. The oil crisis in Libya, production problems in Nigeria, and low OPEC…
Getting Used to High Oil Prices
We've been seeing oil over $100 a barrel and gasoline above $3.40 a gallon for much of the last 3 years. Those prices would have shocked many Americans a few…
Financial Limits will Arrive Sooner if Oil Prices Remain High
We live in a finite world. Clearly, a finite world has limits of many kinds. Yet economists and other researchers use models that assume that these limits are unimportant for…
Oil Prices Rise, Yet Global Inventories Remain Healthy
We’ve seen oil prices rise recently due to concerns in the Middle East (Syria’s violence escalating, and Libya showing oil exports and production at the lowest levels since the civil…
Syrian Uncertainty to Cause Oil Price Spike?
Don’t you just love stories of intrigue?Well, sure, when they are just stories – but if there is the possibility that they are a fair reflection of real…
The Real Reason High Oil Prices Lead to Instability
Businesses rarely gain from political instability so trying to predict unrest is a critical activity for any entity investing in a volatile corner of the world. One of the factors…
Are Oil Prices too Low?
Back in late April I wrote a post called ‘Dot-to-Dot-to…Not?’, which joined the dots from mortgage rates to oil prices…and how their price evolution had been counterintuitive to the move…
Oil Prices and Boiling Frogs – Public Beginning to accept High Prices
Many readers will know about the claim that a frog plopped into boiling water will hop right back out if it can, while one put into cold water which is…
Oil Demand in China and India Falling – Proof Prices are Too High!
The US Energy Information Administration recently released its report showing oil consumption by country updated through 2012. Based on this report, it appears that at current high oil prices,…
Is a Freefall in Oil Prices Really Underway?
Over the past three weeks, there have been numerous headlines insinuating that a freefall in oil prices is underway. Last week I read that the various causes were a slowdown…
Boom in Production of ‘Technological Barrels’ of Oil Drives Prices Down
A debate is going on in the oil industry and among its consumers about the medium- to longer-term impact of North American shale oil and Canadian tar sands on the…
