 |
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 • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.723 | -0.002 | -0.09% |
|
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 • 7 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 7 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 7 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 7 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
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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% |
IEA Cuts 2024 Oil Demand Growth Forecast
Global oil demand growth is…
China Raises Gasoline and Diesel Prices amid Soaring Crude Oil Prices
China is raising from Wednesday…
A Rarely Used Technique Could Double U.S. Grid Capacity
A rarely used technique called…
Energy
Is Europe’s Reliance On Renewables Dangerous?
The European Commission released its long-awaited “Clean Energy For All Europeans,” otherwise known as the “Winter Package.” The package is a bundle of over four dozen legislative proposals ostensibly…
Where Will U.S. Oil Production Go In 2017?
The EIA has just released its Short-Term Energy Outlook. Some of their projections should be taken with a grain of salt because they usually change every month. Nevertheless… All…
A Real Opportunity For An Oil Price Recovery
The OPEC production agreement, which we called correctly, has already helped hoist the profitable oil stocks we held, but what about 2017? One way I’ve looked at oil and oil…
Coal – Don’t Try To Catch A Falling Knife
When a particular market or stocks in a particular industry have been under pressure for a while traders and investors tend to search for some good news. Maybe it is…
An OPEC Induced Supply Deficit Looms
Friday December 9, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Without Catalyst, Oil Remains Range-Bound
Early Friday, January crude oil futures are trying to recapture its gains from earlier in the week. After a firm trade on Monday, prices fell over doubts about whether the…
Expert Commentary: The Long Road To Oil Market Balance
• WTI has traded in a narrow range this week ($52.42/$49.61) heading into tomorrow’s meeting between Russia, Azerbaijan, Kazakhstan, Oman and Mexico which could help determine whether or not OPEC…
Oil Edges Higher As OPEC Pushes NOPEC For Output Cut
Oil prices inched higher on Friday afternoon, holding above $50 ahead of the Non-OPEC producer meeting this Saturday.
Oil Rises As Saudis Move To Implement Output Cuts
Oil prices remain bid up into the weekend, as the market adopts the first part of the motto 'buy the rumor, sell the fact' ahead of tomorrow's OPEC / NOPEC…
The OPEC Effect? U.S. Rig Count Spikes Most In 31 Months
The number of oil and gas rigs in the United States was up again this week, with an increase of 27. Active oil rigs in the United States increased by…
Saudi Arabia Cuts Oil Deliveries To U.S.
Saudi Arabia has informed its clients that their crude oil deliveries in January will be lower, to reflect the country’s compliance with the production cut agreed on by OPEC members…
OPEC Deal Not Enough To Draw Down Record Oil Inventories
Even if OPEC producers’ ministers hail the cartel’s deal to cut collective supply as the beginning of oil market rebalancing and stabilization, Bloomberg News has calculated that global oil…
Japan Importing Less Crude Oil; Gives Iran, Russia Cold Shoulder
Japan’s crude oil imports dropped to 3.055 million barrels per day in October, down by 5.6 percent from September, the Petroleum Association of Japan (PAJ) said on Friday. According…
Oil Markets Not Convinced OPEC Deal Can Kill The Glut
There are serious questions swirling around OPEC’s production cut deal, ranging from the size of the cuts needed given that production from the cartel rose through November, to the prospect…
Filling The Gap: Tomorrow’s Most Popular Oil Trade
Credit Suisse AG recently decided to delist two very popular and risky oil exchange-traded notes (ETNs) on the exchanges beginning today, December 8, and companies are now scrambling to fill…
Did Big Oil Layoff Too Many Workers Too Quickly?
What was once a mere warning to the oil industry has now become a reality: the severe cost cuts undertaken by virtually every oil and gas business in the world…
BP CEO Dudley: We’ll Double Our North Sea Oil Production By 2020
UK’s oil major BP (NYSE:BP) will double its production in the North Sea to 200,000 barrels of oil per day, chief executive Bob Dudley said in an interview with
More Federal Land Drilling: Possible, But Not Profitable
As the United States catches its breath following the shock election victory of Donald Trump, the oil industry could be facing significant changes, including the President elects’ open door policy…
Crude Rises Ahead Of Non-OPEC Meeting
The mood of crude has flipped again, with optimism rising ahead of the NOPEC meeting at the weekend. Even though doubts persist, for today, oil prices push higher. Hark, here…
Trump’s Energy Advisor Hamm: We Are So Much Stronger Than The Saudis
U.S. crude oil production is not expected to rise much next year from the current levels of around 8.6 million bpd, energy mogul Harold Hamm said at the S&P…
