 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.758 | +0.000 | +0.00% |
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 2 days | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 13 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 13 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 13 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 13 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% |
Growing Coal Dependency Puts Central Asian Economies at Risk
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$2-Trillion Funding Gap Casts Shadow over Energy Transition
Blackrock's Michael Dennis said that…
Big Oil May Not Support All Trump 2.0 Policies
Trump's two primary campaign promises,…
Energy
Are Crude And Gasoline Looking At A Short-Term Top?
Crude oil and natural gas futures posted volatile moves this week that may be setting up another sharp rise to the upside, or a corrective move to the downside. Both…
OPEC Won’t Have Much Sway On Oil Prices
In sticking with our recent $42-$50 forecast for WTI we underestimated the ability of OPEC + Russia to talk the market up while behaving bearishly. Although recent production data for…
Is China Creating A $100 Billion Energy Giant?
As China wants to reduce the number of its state-held firms, the government plans to merge chemical groups Sinochem and ChemChina to create a global oil and chemicals giant worth…
Oil Hits Ceiling At $50 Per Barrel
Oil prices fell back to $50 on Friday afternoon, after the U.S. rig count hit eight year highs.
U.S. Rig Count Rises To 8 Month High As Permian, Eagle Ford See Decline
Houston oilfield services company Baker Hughes, Inc. showed a four-rig increase in the United States oil count, marking 16 straight weeks of no-decline in the active oil rig figure…
Crude Cracks Below $50 On OPEC Silence
Oil is trudging tiredly lower into the weekend, exhausted after an onslaught of oil-specific releases and (another) week of ongoing OPEC rhetoric. Hark, here are five things to consider in…
The Saudi Aramco IPO May Be Bigger Than First Thought
Information about Saudi Aramco IPO advisors to be released soon Saudi Aramco plans to sell shares in its entire business, the company’s CEO Amin Nasser said. When the IPO was…
This Japanese Energy Giant Is Still Backing Coal
As I’ve been discussing recently, there have been signs of life for the coal market the last few weeks. And this week, the world’s most hated commodity got another…
Can We Trust The Saudis To Stick To The OPEC Deal?
As Saudi Arabia leads the Organization of Petroleum Exporting Countries in developing a six-month freeze deal, investors and industry officials should consider one key factor before rocking the markets: can…
EIA Natural Gas Figures Don’t Make Sense
The EIA published its latest Short-Term Energy Outlook and it is not exactly the most bullish report the agency has ever put out. The EIA believes that the losses…
Russia Shifts Focus From Oil To Agriculture
Russia’s biggest industry has been oil production historically, but the country appears to be trying to diversify that by putting more emphasis on agriculture. The former soviet state has…
The Truth About Permian Shale Break-Even Prices
Despite OPEC’s best efforts, shale boomers are still alive and kicking—at least some of them. More precisely, those that came first, chose the best acreage, and had the farsightedness needed…
Are Market Conditions For U.S. LNG Improving?
As Cheniere Energy shuts down its LNG terminal at Sabine Pass for a month of repairs, it seems like a good time to take stock of the global LNG…
Oil Prices Extremely Volatile After Massive Crude Build
The Energy Information Administration tipped markets towards bear territory when it reported that U.S. crude oil inventories had jumped by 4.9 million barrels in the week to October 7.…
Billions Of Barrels Of Undiscovered Oil May Lie Under Barents Sea
The latest 3D seismic surveys suggest that there may be billions of barrels of undiscovered oil in the Barents Sea, according to a geology and geophysics expert in an…
Taliban Oil: Did Afghanistan Recover A Hidden Oil & Gas Treasure?
In the 1990s, the California-based Unocal Corporation invited a delegation from the Afghan Taliban to their headquarters in Sugar Land, Texas, to discuss prospects for constructing a 1700-kilometer Peace Pipeline,…
Oil Drillers Trapped in a High-Debt-No-Cash Vicious Circle
While OPEC and Russia are talking about freezing or even cutting crude oil production to restore the market balance – and pushing up prices in the process – rig drillers…
The U.S. Is Set To Dominate Global Natural Gas Markets
The shale revolution has changed the U.S. natural gas production and trade dynamics forever. Domestic output and exports have been rising, to the point where the U.S. is poised to…
Dedicated Activists: The Next Big Threat For North-American Oil
Oil producers and pipeline developers are having a rough time trying to get their product to market, running into resistance from protestors and seeing projects fall by the wayside. The…
The Coming Oil Price Crash
We have been hearing a great deal about IMF concerns recently, after the release of its October 2016 World Economic Outlook and its Annual Meeting from October 7-9.…
