 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 38 mins | 2.776 | +0.018 | +0.66% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 2 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 2 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 2 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 2 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
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Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Russia Intensifies Strikes on Ukraine’s Energy Infrastructure
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A new study reveals that…
Oil Price Volatility Soars Amid Geopolitical Uncertainty
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Energy
British Offshore Industry: Expect The Unexpected
The majority of us will say check out last year's figures – only 13 exploratory wells were drilled in 2015. As energyvoice.com put it - “Exploration in British waters has…
Oil Markets On Edge Ahead Of Pivotal U.S. Election
We begin with a quick look at some of the critical figures and data in the energy markets this week, which show that oil prices have steadied on the eve…
OPEC’s Gloomy Long-Term Outlook For Oil Markets
Given the election is dominating much of the movement in markets today, and given the timely release of OPEC's World Oil Outlook, today's post digs into some of the longer-term…
Catching A Falling Knife: A Deepwater Buyout
Across the oil industry, many firms have started to see their stock prices stabilize. The offshore deepwater drilling industry is the exception. Deepwater drillers have continued to collapse in value.…
OPEC Sees Peak Oil Demand In Just Over A Decade
OPEC is hedging its bets regarding peak oil demand, and has included a scenario in its plans that account for it arriving in just over a decade, should the Paris…
$30 Oil Or Worse If OPEC Fails
After the worst week for oil since January, crude prices firmed up on Monday ahead of Tuesday’s historic election. Oil dropped 10 percent last week, in large part due to…
Is Russia Really On Board With The OPEC Deal?
OPEC Secretary General Mohammed Barkindo offered the market another treat today, saying that Russia is “on board” with “the Algiers accord.” This assurance, following numerous other OPEC assurances, comes…
IMF Warns: Oil Economies Won’t Break Even Anytime Soon
A report from the IMF has warned that the “new normal” in oil will delay the economic recovery in oil-dependent countries. Few would be surprised by this, except perhaps…
The Pen Is Mightier Than The Pump: The Danger Of Shorting An OPEC Deal
Around the time of the February oil crash, we first mused whether OPEC had developed a curious habit of jawboning oil prices higher with the help of flashing headlines at…
Terrible Timing: Canada’s Carbon Tax Troubles
The treaty to reduce carbon emissions negotiated in Paris a year ago (COP21) officially comes into force today. Countries representing 55 percent of global emissions have moved from signing a…
OPEC Continues To Accelerate Output (Before Hitting The Brakes?)
Prices are trying to clamber higher today amid promises from OPEC that a production cut is on the cards, while battling against the gale-force headwinds of a stronger dollar.…
Oman Willing To Cut Up To 10% If OPEC Leads The Way
Small non-OPEC producer Oman believes that an OPEC production deal is now more in sight than it was a few months ago, Omani Minister of Oil and Gas Mohammad bin…
OPEC Might Fail To Boost Oil Prices But Crude Isn’t Going Anywhere
With each passing day there is another indication that OPEC has struck a deal to limit production in an effort to raise the price of oil from its current mid-$40 a barrel…
Oil Majors Secretly Discuss ‘Market Changes’ With State-Owned Oil Companies
The CEOs of BP, Exxon, and Total, and the heads of four Middle Eastern state oil companies met yesterday in Abu Dhabi to discuss changes in how they do…
Saudi-Iranian Fallout Could Destroy The OPEC Deal
While OPEC is officially communicating that it is ‘deeply optimistic’ that it could reach a deal to stabilize oil prices, and simultaneously scolding industry observers for being too quick…
Boone Pickens On Natural Gas: It’s The Way To Defeat OPEC
One way or the other, the world will eventually be forced on to cleaner fuels for its vehicles, so says Bruce Pile, who runs the Marketocracy fund, and so hopes…
Why Should Investors Take OPEC Seriously Anymore?
In the midst of a week of bad to terrible news for oil prices, OPEC tried to alleviate concerns that its meeting this November will, in fact, produce a meaningful…
Fracking Under Fire: The Ballot Initiatives That Impact Oil & Gas
The financial and commodity markets took a hit at the end of October and early November as the U.S. presidential election seemed to tighten, with the future of U.S. government…
Handling Renewable Growth: What Should Utilities Do?
First headline (on page one). New green energy capacity exceeds new coal capacity. Average generating costs of onshore wind declined 30 percent and grid scale solar electricity prices 60 percent…
Can Clean Energy Boost Global GDP?
The world economy continues to be in a state of uncertainty, and how to spur growth remains a hot political and economic topic. The role that green infrastructure has to…
