 |
WTI Crude •10 mins | 42.71 | +1.10 | +2.64% |
|
Brent Crude •10 mins | 45.45 | +0.95 | +2.13% |
 |
Natural Gas •10 mins | 2.141 | -0.030 | -1.38% |
|
Mars US •19 hours | 42.81 | -0.23 | -0.53% |
|
Opec Basket •2 days | 45.21 | +0.20 | +0.44% |
|
Urals •2 days | 43.85 | -0.90 | -2.01% |
|
Louisiana Light •2 days | 43.23 | -0.41 | -0.94% |
|
Marine •2 days | 43.96 | +0.39 | +0.90% |
|
Murban •2 days | 44.35 | +0.30 | +0.68% |
|
Iran Heavy •2 days | 44.38 | +0.22 | +0.50% |
|
Basra Light •2 days | 45.14 | -0.58 | -1.27% |
|
Saharan Blend •2 days | 44.66 | +0.11 | +0.25% |
|
Bonny Light •2 days | 44.61 | +0.38 | +0.86% |
|
Canadian Crude Index •21 hours | 28.23 | -0.19 | -0.67% |
|
Western Canadian Select •13 hours | 30.31 | -0.33 | -1.08% |
|
Canadian Condensate •13 hours | 40.61 | -0.33 | -0.81% |
|
Premium Synthetic •13 hours | 42.01 | -0.33 | -0.78% |
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Sweet Crude •13 hours | 37.36 | -0.33 | -0.88% |
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Peace Sour •13 hours | 36.61 | -0.33 | -0.89% |
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Louisiana Light •2 days | 43.23 | -0.41 | -0.94% |
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Domestic Swt. @ Cushing •2 days | 38.25 | -0.25 | -0.65% |
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Giddings •2 days | 32.00 | -0.25 | -0.78% |
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ANS West Coast •3 days | 43.46 | +0.93 | +2.19% |
|
West Texas Sour •2 days | 36.29 | -0.33 | -0.90% |
|
Eagle Ford •2 days | 40.24 | -0.33 | -0.81% |
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Energy / Oil Prices
Oil Prices Riding the Wave of Investor Uncertainty
“Very little of the recent price rise has really been down to the improving supply-demand balance,” said Matt Parry, senior oil consultant at KBC Process Technology Ltd. Instead, most of…
Contemplations on Oil
After a tumultuous 2009, oil has been one of the least volatile assets of 2010, confined to a tortuous $68-$88 range, frustrating momentum players to no end. How many city…
Prediction for the Next Oil Price Shock
Having done some analysis, I've decided to postpone my projection for the next oil price shock. I have moved the date from 2012 ± 1 year to 2013 ± 1…
Weaker Dollar Propels Oil Higher Amid Mixed Economic News
Oil Market Summary for 09/20/2010 to 09/24/2010. Crude oil prices battled their way to a gain for the week as worries about the economy warred with the upward pressure from…
Worries About Consumer Demand, Deflation Drive Down Oil Prices
Oil Market Summary for 09/13/2010 to 09/17/2010. Flagging consumer sentiment and renewed concern about deflation sent oil prices into the doldrums this week, as prices dropped 1.2% on Friday to…
Could Oil Prices Sink to $20 a Barrel
A barrel of oil has about six times the energy content of a thousand cubic feet of natural gas. The graph below compares the dollar price of a barrel of…
Why Oil Prices Aren’t Dropping
I saw a humorous story a few days ago: Oil Should Be Around $10 a Barrel The price of a barrel of oil would be closer to $10 if…
Market Seizes on Bullish News to Push Oil Prices to Gain For Week
Oil Market Summary for 09/06/2010 to 09/10/2010. An uneasy market seized on an upward revision in crude oil demand this year and other bullish news to push oil prices up…
Oil Prices Buffeted in Narrow Range But End Week Little Changed
Oil Market Summary for: 08/30/2010 to 09/03/2010. Oil prices continued to move basically sideways as bullish and bearish news buffeted prices up and down in a narrow range. The benchmark…
Bernanke Pledge on Economy Gives Some Relief to Oil Prices
Oil Market Summary for 08/23/2010 to 08/27/2010. Oil prices recovered some lost ground Friday after Federal Reserve chairman Ben Bernanke said the Fed stands ready to do whatever it takes…
Oil Prices Spiral Downwards as Economic Gloom Intensifies
Oil Market Summary for 08/16/2010 to 08/20/2010 Crude oil prices continued their downward spiral during the week as new data confirmed that U.S. economic growth is slowing. The benchmark West…
Oil Fundamentals and The Oil Future
In the next edition of my energy economics textbook, I rehash and augment my interpretation of various controversies having to do with fundamentals’ versus speculation (i.e. gambling) when considering the…
Crude Oil Prices Fall Below $80 Again as Officials Anticipate Slower Growth
Oil Market Summary for 08/09/2010 to 08/13/2010 Crude oil prices slumped below $80 a barrel again this week as the Federal Reserve and other official forecasters took a dimmer view…
Peak Oil: Why a Supply Crunch Can Lead to lower Oil Prices
There seems to be an on-going debate among peak oilers and many economists as to which came first, the chicken (peak supply flow) or the egg (peak demand). The first…
The Price of Oil is Going Up
I received another scratchy, crackling cell phone call from my drilling buddy in the Texas natural gas fields today. You could almost choke from the dust on the line. He…
Cloudy Economic Outlook Keeps Crude Oil Trading in Narrow Range for Week
Oil Market Summary for 07/26/2010 to 07/30/2010. Crude oil futures continued to trade in a very narrow range, unable to cross the $79 a barrel threshold even though they ended…
Oil Prices Show Little Momentum for Breaking Through $80 Barrier
Oil Market Summary for 07/19/2010 to 07/23/2010. Prices of crude oil futures slumped below $79 a barrel on Friday despite a stock market rally and the rise of Tropical Storm…
Stock Prices, Economic Data Buffet Crude Oil Futures in Lackluster Trading
Oil Market Summary for 07/12/2010 to 07/16/2010 An unexpectedly sharp drop in a key consumer confidence index sent stocks plummeting on Friday and drove down prices for crude oil futures…
Crude Oil Tracks Stocks Upwards to Close Week Above $76 a Barrel
Oil Market Summary for 07/05/2010 to 07/09/2010. Crude oil futures finished the week on a positive note, tracking stocks upward after hitting the low for a month earlier in the…
Tropical Storm Threat Propels Oil Prices to Gain for the Week
Oil Market Summary for 06/21/2010 to 06/25/2010 Crude oil prices surged ahead more than 3% on Friday as the first Atlantic tropical storm of the season began brewing in the…
