 |
Louisiana Light • 2 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 197 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 13 hours | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 1 day | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 1 day | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 1 day | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 1 day | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 1 day | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 2 days | 75.71 | +0.60 | +0.80% | ||
|
Oklahoma Sweet • 2 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 2 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 3 days | 83.26 | +0.61 | +0.74% |
Breaking News:
U.S. Oil and Gas Production Continues to Shatter Records
The United States continues to…
Oil Stabilizes on Small Crude Draw
Oil prices stabilized and recouped…
Forget ESG, Corporations Have a New Favorite Buzzword To Boost Share Prices
Companies are exaggerating their use…
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EIA Boosts Oil Prices With Huge Draw Report
Crude oil inventories last week fell by 6.2 million barrels to 504.6 million barrels, the EIA reported, a day after the American Petroleum Institute estimated inventories had dropped…
Did The World’s Biggest Oil Company Boost Its Reserves Artificially?
A very important issue just emerged in the oil and gas world. Driven by an investigation from some of the biggest prosecutors in America. Looking at how the world’s largest…
Long Term Consequences Of The Oil Price Crash
The World Energy Investment study released by the IEA on September 14 confirmed what analysts have been prophesying for months: the current decline in oil-and-gas investment is the biggest…
Oil Industry No Longer Discovering Oil, Only Growing Through M&A
It is becoming increasingly difficult for the oil majors to discover new sources of oil. The industry is in a state of crisis and could be at a turning point.…
Oil Is Likely To Remain Below $50 A Barrel In The Near Future
Barring the sentimental uptick on an expectation of a production freeze in Algiers, the fundamentals of oil seem to be pointing towards another leg down. The International Energy Agency…
OPEC Output Freeze Deal To Last One Year, Secretary-General Says
The terms of a potential deal within the Organization of Petroleum Exporting Countries (OPEC) may bind member countries for one year, according to comments by the bloc’s secretary-general on Tuesday.…
Natural Gas Producers In Colorado Have A Problem
Natural gas producers in the state of Colorado have a problem. It’s not a problem that’s unique to them, but it’s potentially more serious than the problem encountered by frackers…
Oil Under Fire As OPEC Head Sees No Deal
Oil prices dived on Monday after OPEC Secretary General Barkindo downplayed a potential output freeze deal, but rebounded slightly on Tuesday morning.…
Oil Prices Rebound On Falling Gasoline Futures
One hundred and thirty-one years after the birth of the mighty Jelly Roll Morton, the crude complex has got the blues once more. Prices moved lower initially but spiked…
Frack Sand: The Unsung Hero Of The OPEC Oil War
The late-2014, Saudi-initiated oil-price war may have taken the ‘boom’ out of the US shale industry as it seriously threatened OPEC market share, but Saudi victory has been…
Oil Investment Crash Could Continue For Another Year
Investment in upstream operations in the oil and gas industry shrank by a quarter last year and is expected to continue shrinking this year by another 24 percent.…
The Next Hot Thing In Oil – Permian Land Rush Continuing Unabated
Land prices in West Texas are getting a little ridiculous. The Permian Basin has emerged more or less as the last man standing for shale drilling in the…
Is U.S. Shale Nearing Collapse?
Crude oil production in the United States has decreased by more than 10 percent since the record high of 2015, from 9.6 million barrels per day (mmbpd) to…
Shifting Strategies: Big Oil Looking At Low-Cost Fields
Oil supermajors have come to realize that shrunk capex plans will make their exploration efforts profitable in lower-cost, lower-risk areas, and have changed drilling tactics to the ‘less…
Oil Rises On OPEC Jawboning, Libyan Turmoil
Oil is charging higher to start the new week, on the ebb and flow of production freeze rhetoric and adverse developments relating to returning Libyan exports. Hark, here…
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.…
