 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 9 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 16 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 16 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 16 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 16 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
A Chinese EV Company That Represents Remarkable Value
Tesla shares have plunged to…
M&A Fever Hits Canada's Oil and Gas Industry
The mergers and acquisitions wave…
Energy
Oil Continues To Crash After EIA Reports Biggest Inventory Build In 34 Years
After the API shocked markets by reporting a massive 9.3-million-barrel increase in U.S. inventories yesterday, the EIA added insult to injury, saying inventories instead went up by 14.4…
BP And Shell Optimistic The Market Is Turning
BP and Royal Dutch Shell reported their latest financial figures for the third quarter and both companies showed some improvement, a sign that the oil markets are starting to find…
Which Non-OPEC Producers Can Be Expected To Cut?
Last week, Venezuelan oil minister Eulogio del Pino released a list of states invited to participate in the Organization of Petroleum Exporting Countries’ (OPEC) ongoing negotiations regarding a much-anticipated output…
Oil To Crash Back To $40 If OPEC Fails
OPEC’s increasingly probable failure to reach a production freeze deal will see international oil prices plummet back to US$40 a barrel, according to Goldman Sachs analysts. In a note…
Brazil To Boost Oil Output, Regardless Of OPEC’s Deal
The chances of success for any concerted effort to curb global oil supply are getting slimmer by the day, it seems. OPEC members are arguing among themselves who will need…
Oil Sells Off As OPEC Remains Divided On Deal
Oil prices remained week on Tuesday morning despite a weaker dollar, whereas gasoline prices pumped on yet another outage on the Colonial Pipeline.
Oil Prices Near One Month Lows As Gasoline Spikes
As gasoline charges higher due to another outage on the Colonial pipeline, crude prices are getting caught up in its slipstream, being dragged higher after yesterday's drubbing. Tomorrow brings another…
This Entire Region Is Now Shaping Up As The World’s Top Natural Gas Play
I’ve been writing over the last several months about the world’s top natural gas play — the growing demand center of Argentina. And this week, things got even tighter…
U.S. Gasoline Price Jumps After Colonial Pipeline Explosion Kills One
Gasoline futures were surging almost 10 percent on Tuesday morning after Colonial Pipeline had to shut down part of its main pipeline for a second time in less…
Zombie Drillers: A Halloween Horror Story For Oil Markets
Investors may not realize it, but the Walking Dead is not the only zombie show running right now. The oil markets are at least as scary and have zombies that…
Can Oil Markets Survive An OPEC Implosion?
A technical meeting that was supposed to iron out some wrinkles for a deal to cut oil production ended in acrimony over the weekend, and OPEC’s effort at coordination…
105 Oil & Gas Bankruptcies: But Production Isn’t Shrinking
The oil price crash has been creating a wave of energy-related bankruptcy filings in the past two years, prompting many U.S. energy companies that were previously sitting comfortably with high…
Have Oil Prices Hit The Bottom?
Oil Price Shocks: Mine Yucel Addresses Denver Energy Group “It’s probably going to be a rough patch for the industry and the producing states for a while—till oil prices firm…
Confident Saudis To Lift Oil Prices To Asia For December
Saudi Arabia will likely raise the official selling price (OSP) differentials for Asia for December, to reflect an October premium in the spread between two Dubai benchmarks that it is…
Experts Remain Bearish On Brent – See $45 Oil Throughout 2016
Economists and analysts have kept their average Brent price outlook for 2016 almost unchanged at US$44.78 per barrel, as growing hurdles to a global deal on production limits put downside…
Oil Prices Slammed By Higher OPEC Exports
Happy Halloween! Crude is definitely spooked today, running scared as non-OPEC countries met over the weekend to discuss potential production cuts - but were unable to commit to anything concrete…
Iraq Publishes Oil Data Never Seen Before To Prove OPEC Wrong
Iraq has released detailed data about the crude oil output at each of its 26 oilfields as well as equally detailed export figures in an attempt to prove that…
Saudi Arabia’s Oil War Gained It 1% Market Share – Which It Is About To Lose
Saudi Arabia has wielded immense power over both the oil producers and consumers based on its proven oil reserves. It not only has the second largest proven oil reserves at…
Will Oil Majors Ever Recover?
The oil majors began reporting their third quarter earnings in recent days, and the figures do not look good. The three-month period ending in September saw oil prices sink to…
Is the Era of Oil Megaprojects Over?
BP said earlier this year that its capex for 2016 would come in at less than the US$17 billion it had initially planned for the year. Shell
