 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.87 | +0.67 | +0.76% | ||
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Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.734 | +0.009 | +0.33% |
|
Bonny Light • 2 days | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 2 days | 89.45 | +0.81 | +0.91% | ||
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Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 13 hours | 76.56 | +1.46 | +1.94% | ||
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Light Sour Blend • 13 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 13 hours | 86.56 | +1.46 | +1.72% | ||
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Central Alberta • 13 hours | 76.96 | +1.46 | +1.93% |
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Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
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Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Geopolitical Tensions Fail to Spark Oil Price Surge
The fluctuating prices in response…
Reuters Estimates: Russian Oil and Gas Revenue to Double in April
Higher oil prices are expected…
Energy / Oil Prices
The Dark Side Of The Shale Bust
The fallout of the collapse in oil prices has a lot of side effects apart from the decline of rig counts and oil flows.Oil production in North…
A Bit Of Perspective On Gasoline Prices
To me, commodity pricing today is so distorted that it is almost startling. The media continues its post Goldman Sachs’ bearish calls to pound away on OPEC supply with little…
Oil Prices Responding Positively To Bad News, But Why?
Lately, oil prices have gone up when they should have gone down. Last week, OPEC decided not to cut production and the two major energy agencies released reports that the…
Canadian Economy More Damaged By Oil Prices Than Expected
Canada’s oil industry has had a rough couple of months with production and exports taking a hit.Low oil prices are cutting into the profits…
Why EIA, IEA, And BP Oil Forecasts Are Too High
When forecasting how much oil will be available in future years, a standard approach seems to be the following:1. Figure out how much GDP growth the researcher hopes…
Time To Move Capital Into Next Bull Market – Part I
If you remember the dot com bubble as clearly as I do and are a technical analyst then you will recall the month which the NASDAQ…
OPEC Set To Play The Waiting Game
Following OPEC’s decision not to cut production at its June 5, 2015 meeting in Vienna, oil prices should likely continue their descent that began in early May (Figure 1). Prices…
Where Oil Price Bulls Should Be Looking
In today’s low priced oil climate, there is a lot of opportunity in many parts of the O&G market. This opportunity has led to a rush of cash from…
OPEC Meeting Looms Large Over Oil Markets
Crude OilWorries about OPEC’s latest production decision due on June 5 overrode the potential bullishness of this week’s U.S. Energy Information Administration report. The…
Saudis Believe They are Winning The Oil Price War
It’s almost a foregone conclusion that OPEC won’t cut its production levels at its June 5 meeting in Vienna. Anyone needing strong evidence, if not proof,…
Forget The Noise: Oil Prices Won’t Crash Again
Oil rising to $60/bbl is displeasing some people, particularly the shorts. Some of the more extreme –those calling for oil in the $20’s – have wisely…
Market Fundamentals Make Oil Price Increase Unlikely
Regardless of recent upshots in oil prices, the million-dollar question remains in which direction the oil prices will go in the future. The volatility in oil prices has continued to…
How Long Can OPEC Maintain Its Current Strategy?
The six-month clock is up. OPEC is convening this week in Vienna, as it does every six months, to discuss and decide on how the group will coordinate.The…
OPEC Meeting Could Be Straw That Breaks Oil Markets’ Back
The selling pressure started early this week as crude oil traders reacted to last Friday’s data from Baker Hughes that showed only one oil rig was removed from service the…
A New Giant Among Oil Traders
Main Street investors are not the only ones who have been surprised by the speed and magnitude of the oil price collapse over the last year.…
The Great Divide Between EIA And OPEC Data
OPEC publishes monthly production data for all OPEC nations in their Monthly Oil Market Report. The data crude oil production only and does not include condensate.…
Oil Markets Can’t Ignore The Fundamentals Forever
Storage withdrawals and falling rig count have been the main sources of hope that U.S. tight oil production will fall and that oil prices will rebound.…
Oil Futures Prices Divorced From Physical Markets For Now
“Like pushing a rock up a hill” That’s how some trader’s view the current disconnect between the physical market for crude oil and the futures market with speculators pushing futures…
Oil Looks Set to Go Lower Again, But This Refiner is Still A Good Buy
Oil, or rather the price of WTI, is at a critical level. Lower U.S. production numbers this week have given the black stuff a boost and…
Expect Back And Forth Price Action Until June 5th
July Crude Oil futures have drifted sideways-to-lower since its May 6 top at $63.62 despite three consecutive weekly drawdowns in inventory. Drawdowns have even taken place…
