 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 18 hours | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 18 hours | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 18 hours | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 17 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 17 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 17 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 17 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
The Rise and Fall of Master Limited Partnerships
Master limited partnerships (MLPs) were…
A Rarely Used Technique Could Double U.S. Grid Capacity
A rarely used technique called…
Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June
Despite some crude inventory builds…
Energy
Trump’s Saudi Oil Threat Is A Hollow One
This week we had the questionable pleasure of reading about Saudi Arabia’s Oil Minister pointing a finger at President-elect Donald Trump for his threats to suspend Saudi crude oil…
Trump’s Election Is Great News For Independent Refiners
Donald Trump’s victory has provided wings to the small independent oil refiners who have been burdened with the excess cost of buying credits as per the Energy Independence and Security…
How Trump Could Change LNG Markets
The surprise victory of Donald Trump in the November 8 U.S. presidential election is still being processed by news outlets and industry analysts worldwide. But while the outlook for oil…
How Risky Are Oklahoma Earthquakes For The Oil Business?
This past Sunday, an earthquake hit Oklahoma with a magnitude of 5 on the Richter scale. Earthquakes of this magnitude have the potential to cause severe damage to their…
Oil Majors Scrambling For Acreage In The Booming Wolfcamp
With OPEC’s decision to cut production looming over the oil market, producers still have one corner of the globe to turn to. The region of West Texas is already…
Russian Coal Fights For Survival
Coal was meant to help build Siberia and the Far East. Russia’s national energy strategy of 2012 aimed to match Soviet levels of coal production by 2030, increase coal power…
Bakken Oil Production Continues To Slide
Bakken oil production was down 10,119 barrels per day in September and all North Dakota production was down 10,353 bpd in September. Bakken production continues to decline, though…
IEA: The Only Way Is Up For Natural Gas
Lower demand for coal will make natural gas an increasingly important fuel The International Energy Agency (IEA) released its annual World Energy Outlook Wednesday, saying natural gas will play…
Why You Should Expect A Substantial OPEC Deal
OPEC ministers are again meeting, this time in Doha, but haven’t yet showed a sign of a sweeping deal that could come out of Vienna and OPEC later this month.…
Playing The Overreaction To The Election Results
One of the most basic things that those new to the world of trading have to understand is that markets overreact to news. Traders are essentially herd animals, and once…
OPEC Overproduction To Create Problems In Vienna
Friday November 18, 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…
Global Energy Advisory November 18, 2016
Politics, Geopolitics & Conflict • The U.S. seems to be close to exhausting its options in Syria and Iraq. While the battle for Mosul, IS’ stronghold in Iraq, goes on…
Oil At A Crossroads Ahead Of OPEC’s Vienna Meeting
Crude oil futures traders experienced high intraday volatility and a two-sided trade most of the week as expectations of an OPEC deal to limit production helped underpin the market and…
Expert Commentary: Why OPEC Has To Make A Deal Happen
• Less than two weeks before OPEC’s next Most Important Meeting Ever the oil market is doubtful that the cartel will reach a meaningful supply reducing agreement. Traders have revealed…
Oil Prices Waver As OPEC Makes Final Push
Oil prices falter at the end of a week full of OPEC rhetoric as a result of a soaring dollar.
Oil Slides As U.S. Rig Count Surges Most In 16 Months
Baker Hughes reported an astonishing 20-rig gain this week to the number of active oil and gas rigs in the United States for its November 18th reporting period, bringing the…
Venezuela’s Oil Industry To Receive Another Shot In The Arm From China
As the U.S. dollar climbs higher and higher (and higher), the crude complex is getting blown over by the gale-force headwinds it is providing. We edge closer and closer to…
OPEC: Iran Must Cap Output At 3.9 Million Bpd
OPEC’s eagerly awaited production cut agreement may have just gotten even harder to reach as OPEC members meeting in Doha are now asking Iran to freeze its output at 3.92…
Asian Energy Giants Plan A Spending Spree In Oil & Gas
Good news for mining finance this week. With Australia’s EMR Capital announcing it has raised $860 million for a second investment fund targeting gold, copper, potash, and coking coal…
Why The Permian Just Got Even Hotter
The U.S. Geological Survey just published an assessment of oil reserves for a section of the Permian Basin, revealing the largest estimate of continuous oil that the agency has…
