 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.729 | -0.005 | -0.19% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 8 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 8 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 8 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 8 hours | 76.41 | -0.55 | -0.71% |
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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% |
Bitcoin Mining and Population Growth Are Pushing the Texas Grid to the Brink
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Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June
Despite some crude inventory builds…
Researchers Develop Revolutionary Cathode Material for Lithium-Sulfur Batteries
Researchers at the University of…
Energy
Iraq Now Says It Will Join OPEC Output Cuts
In its third flip-flop position on joining OPEC production cuts in as many days, Iraq signaled on Wednesday that it could be willing to cut its production and support…
Oil Rises On EIA Data Despite OPEC Deal Doubts
Happy Thanksgiving Eve! A fairly neutral EIA report - tilted a wee bit bullish for crude, bearish for the products - has been a welcome distraction, before a surgical…
How Hard Has The Oil Crash Hit Africa?
The dramatic fall in oil prices over the last two years has sent shockwaves throughout Africa. From a high of $115 a barrel in June 2014, oil prices have dropped…
Oil Prices Rise As EIA Report Adds To OPEC Optimism
A day after crude slid on API’s report of a 2.68-million-barrel build in gasoline inventories in the U.S., the EIA injected a modest amount of optimism into markets by…
Texas Oil Prices Could Rise As Asian Demand Grows Stronger
Oil prices have been rallying this week on hopes of a supply cut from OPEC. But even without a rise in the global price, news this week suggests things are…
Is OPEC Playing The Oil Markets Again?
Oil prices moved back up closer to $50 per barrel on the sudden surge in optimism surrounding an OPEC deal. With the meeting just days away, everybody is playing ball…
Russia Is Finally Making Headway In Its Pivot East
Russia’s long planned pivot east found itself unexpectedly wrong-footed in early 2014, following the Crimean referendum and subsequent western rebuke. The global collapse of oil prices – and that…
OPEC Steals The Headlines As Trump Effect Abates
Regardless of which side of the political spectrum you’re on, investors often have a tendency to over exaggerate the impact that politicians have on the market. Donald Trump may or…
OPEC’s Matrix: If 1 Million Bpd Are Cut, Oil Will To Rally To $59
While the market has taken the latest round of "optimistic" jawboning by OPEC members in stride, sending crude higher by 4 percent ahead of next week's meeting in Vienna where…
OPEC Technical Talks Falter As Key Members Reject Cut
Oil prices hit recent highs on Monday on OPEC deal hopes, but hit a snag on Tuesday as Iraq and Iran remain hesitant towards an output cut.
Oil Prices Fall From Fresh Highs As OPEC Talks Hit A Snag
And it is Groundhog Day again, as the OPEC rumor-mill gets cranked up once more. Fortunately we get the welcome distraction of an inventory report tomorrow, while some respite follows…
OPEC Insider: ‘’Everyone Could Be On Board Today’’
OPEC’s High-Level Technical Committee, which is meeting in Vienna to discuss the implementation of the proposed group-wide production cap, could be done by the end of the day today, a…
Why Mexico’s Oil Reform Is A Huge Opportunity For Investors
When a massive country de-nationalizes its entire energy sector and opens its oil and gas doors for the first time ever to foreign companies, the opportunities are staggering. Welcome to…
Putin Is Ready To Join An OPEC Freeze
More than a month after shocking the market by saying that Russia was ready to join OPEC’s efforts to reduce global oil supply, Russian President Vladimir Putin said…
Can OPEC Get It Right At Long Last?
OK, 2016 – this is it. This is your last chance to get something right. OPEC meet on November 30th to do a deal that would see the biggest oil…
Obama Scraps Arctic Drilling Ahead Of Trump Presidency
The Obama administration is rushing to get a flurry of priorities done before Donald Trump takes office. One of those items was a five-year lease plan from the Department of…
U.S. LNG Is Changing The Global Gas Game
In the emotion-laden aftermath of the U.S. presidential elections, the focus of all energy attention seems to be exclusively on crude oil and domestic production. Specifically, on whether energy independence…
Oil Prices Move Higher As OPEC Optimism Increases
As OPEC optimism continues to grow, and as the dollar eases lower, crude is moving higher today in this holiday-shortened week (woot woot!). Hark, here are five things to consider…
Is Iraq Coming Back To The OPEC Deal?
Iraq may not be going rogue on the OPEC deal after all, and will apparently be putting up three new proposals for discussion at the cartel’s technical meeting in Vienna…
Is Argentina About To See An Oil Crash?
It’s been a tough week for the U.S. oil and gas industry, with the Department of Interior annulling 25 leases in Colorado’s Mancos shale (for environmental reasons), and then…
