 |
Louisiana Light • 1 day | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.709 | -0.005 | -0.18% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 2 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 2 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 2 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 1 day | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Biden Administration's SPR Plans Derailed by Oil Price Surge
The Biden Administration cancels planned…
U.S. Sanctions on Venezuela Snap Back Into Place
The U.S. has reimposed sanctions…
U.S. Geothermal Capacity Set To Grow by 1,900% by 2050
The U.S. government has allocated…
Energy
OPEC Secretary General: No Production Freeze This Month
A few days before the highly anticipated OPEC meeting in Algeria, a top official from the group threw cold water on the possibility of a production freeze. Expectations…
Is This The Biggest Wildcard For Oil Prices This Month?
It’s been a tough couple of weeks for oil investors. With crude prices having descended back to near $40 per barrel, after making a run close to $50 in mid-August.…
Stormy Seas Ahead For Shippers Following Hanjin’s Bankruptcy
The Hanjin Shipping Company bankruptcy is starting to have ripple effects for others in this transportation sector. Hanjin is in competition with dry bulk carriers such as Safe…
An Imminent Threat For Oil Prices? DUC Count: 5031 And Counting
The total number of DUCs is declining, but remains elevated Along with its monthly Drilling Productivity Report (DPR), the EIA released a supplement today which estimates the…
What Is Stopping Global LNG Growth?
Since November, when 195 countries signed the Paris climate change agreement, several energy writers, including myself, have concluded that the deal’s biggest winner would be natural gas.…
How Low Oil Prices Failed To Stimulate The Economy
The 2014 plunge in oil prices was initially hoped to provide stimulus to the U.S. economy, with the Fed arguing that the average household would save $700 in…
What Hubbert Got Wrong About Peak Oil
If you happen to be interested in the topic of “peak oil”, you almost certainly know the name M. King Hubbert. While you may know that Hubbert is…
Can India Become An LNG Juggernaut?
In the world of liquefied natural gas (LNG), no market is watched with more interest or more potential excitement than India. In 2015 the country with the second-largest…
North American Oil & Gas Bankruptcies Climb Beyond 100
Oil & Gas Bankruptcy Continues to Climb to $50.4 Billion in August Three more companies joined the ranks of those that have filed for Chapter 11 bankruptcy protection…
Why Big Oil Shouldn’t Worry About Electric Cars
It may be a little premature for the oil industry to panic over the influx of electric vehicles (EV). EVs would need to represent at least 50 percent…
Djibouti Bets Big On Chinese Energy Demand
Construction work is set to begin on a $4 billion liquefied natural gas (LNG) pipeline project, underscoring Djibouti’s efforts to strengthen its status as an energy trans-shipment hub…
Ethical Investing: Duke Energy Bounced From Norway Sovereign Wealth Fund
Norway’s sovereign wealth fund, the biggest in the world, has just sold all the equity shares of Duke Energy it owned from its portfolio. Duke did not meet…
Avoid These ‘Shale Legends’ For Now
The Fed continues to dominate the markets and our trading in oil and oil stocks. God knows there are hundreds of writers out there with opinions on the…
WTI: The Same Price But A Different Play
The last time I wrote in these pages was two weeks ago, as I spent last weekend at a trader’s conference, and at that time, with WTI trading…
Speculators Go Short As Demand Is Downgraded
Friday, September 16 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…
Global Energy Advisory - 16th September 2016
Politics, Geopolitics & Conflict • Libyan oil has been liberated for all intents and purposes. Despite what Western forces would have one think, General Haftar of the Libyan…
Uncertainty Hits Markets Ahead Of OPEC Meeting
Crude oil futures were under pressure this week after reports showed large weekly builds in U.S. petroleum products and forecasts by the International Energy Agency and OPEC indicated…
Coalition Air Strikes Wipe Out More ISIS Oil Assets In Syria
Coalition military forces have carried out 10 air strikes against ISIS targets in Syria, destroying five supply routes, oil well heads and oil tanker trucks, the Combined Joint…
Oil Down As Glut Fears Return
Oil prices fell on Friday as the IEA downgraded its projections for oil demand, dashing hopes that oil markets would rebalance this year.
Crude Charges Lower On Oversupply Concerns
Gasoline is continuing its charge higher amid ongoing issues relating to the Colonial pipeline. Nonetheless, crude is charging lower into the weekend as oversupply fears weigh and dollar strength returns.…
