 |
Louisiana Light • 5 days | 89.16 | +0.62 | +0.70% | ||
|
Bonny Light • 18 hours | 91.93 | +0.64 | +0.70% | ||
|
Opec Basket • 2 days | 89.57 | -1.20 | -1.32% | ||
|
Mars US • 165 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 15 mins | 2.817 | -0.006 | -0.21% |
|
Bonny Light • 18 hours | 91.93 | +0.64 | +0.70% | ||
|
Girassol • 18 hours | 92.31 | +0.50 | +0.54% | ||
|
Opec Basket • 2 days | 89.57 | -1.20 | -1.32% |
|
Peace Sour • 14 hours | 78.61 | -0.25 | -0.32% | ||
|
Light Sour Blend • 14 hours | 81.66 | -0.25 | -0.31% | ||
|
Syncrude Sweet Premium • 14 hours | 88.61 | -0.25 | -0.28% | ||
|
Central Alberta • 14 hours | 79.01 | -0.25 | -0.32% |
|
Eagle Ford • 2 days | 81.89 | -0.25 | -0.30% | ||
|
Oklahoma Sweet • 2 days | 81.75 | -0.25 | -0.30% | ||
|
Kansas Common • 18 hours | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 5 days | 89.36 | +0.64 | +0.72% |
Breaking News:
Gas Glut? Not for Long.
Low prices invariably stimulate stronger…
Xiaomi's EV Launch Shakes Up China's Auto Industry
Xiaomi's newly launched SU7 EV…
Rivian, Lucid, Tesla Stocks Tumble As Price War Escalates
Ford's price cuts for its…
Energy
What Will Happen To Turkey’s Energy Security Following The Failed Coup?
On July 15, 2016, a new chapter opened in Turkish political history. A group of military officers attempted a coup to overthrow the Erdogan regime in Turkey. Recep…
Congress Could Offer Huge Tax Incentives To Energy Storage
The energy storage market is one of the most exciting and fastest growing new industries in the utility space right now. The market grew by several hundred percent…
Bout Of Bearish News Sees Oil Fall To Three Month Low
A toxic combination of an increasing gasoline glut an increasing rig count and a strong dollar continue to up downward pressure on oil prices.
Libya’s Oil Deal Turns Sour As Army Chief Threatens To Bomb Tankers
The chief of staff of the Libyan army has warned foreign companies the army will fire at any non-Libyan tanker entering the country’s territorial waters. The warning…
North Sea Platform Workers Launch Biggest Strike in Decades
As many as 400 oil platform workers have stopped work for 24 hours in what is the largest industrial action in the North Sea for the last 28 years. The…
Oil Prices Creeping Towards $40 Ahead Of Inventories Report
Crude prices are moving lower once again today, as another weekly inventory report comes into focus, with the prospect of rising product inventories. Hark, here are seven things…
Is This The Next Top Venue For Copper And Gold?
Licensing is a major part of the global chess game that is minerals exploration. With shifting rules around picking up and working ground being one of the biggest…
Forget The Glut – This Is Why Oil Prices Will Rise
The rate of oil production decline in the United States will accelerate in the 3rd quarter. It has already started. Per the EIA: In the last six weeks:…
Bizarre Lawsuit Could Derail Elon Musk’s Hyperloop
Just as Elon Musk’s revolutionary Hyperloop technology was starting to look like a serious business model, there are signs that one of the most promising companies commercializing the…
Questionable Libyan Oil Deal Could Further Escalate Oil War
TRIPOLI--Tripoli-based National Oil Corporation of Libya (NOC) chairman Mustafa Sanalla has protested to the U.N. envoy to Libya Martin Kobler over a deal struck with militia strongman and…
Faulty Data? Why The Oil Glut Could Be Much Smaller Than Believed
The oil price rally came to a quick end in June, topping $50 per barrel but quickly falling back again. Optimism stemming from the four-month rally has vanished,…
Why Are Oil Producers Rushing To The STACK?
Crude oil prices may be falling again but shale producers are building up their acreage and drilling wells, eying an eventual rebound. Naturally, cash-strapped shale boomers are looking…
Why Oil Prices Are On A Crash Course This Fall
Refining maintenance season is a few weeks away, a period of time that could be hugely negative for oil prices. Already the oil markets are dealing with record levels…
Crude Falls Again As Short Positions Surge
After breaking technical support at $44, crude is charging lower to start a new week, once again weighed down by oversupply fears. As short positions build in the…
India Plans Merger Of 13 State-Run Firms Into Oil Giant
India’s government is considering launching talks to merge 13 state-held oil companies into one giant conglomerate that could rival some of the industry’s global giants, India’s Economic Times…
Resource Lawsuits Against Governments: $53.4B And Counting
$53.4 Billion In Resource Lawsuits It isn’t just miners that are having trouble with the Philippines government these days. Oil and gas firms also got into it with…
Is This A Game Changer For The US Oil Industry?
Lots going on with global oil these days. Particularly in regards to shifting supply balances around the world. Data over the weekend showed that Iran is starting to draw down…
Is This The Next Big Headache For Oil Prices?
When oil analysts look at the markets to try to get a sense of where oil prices are heading, one of the great unknowns, at least in the…
‘’The Worst Is Behind Us’’ Schlumberger CEO Sees Reason For Optimism
All’s not well in oilfield services, but it might start getting a bit better from now on. That’s the essence of a statement made by Schlumberger’s chief executive Paal Kibsgaard…
Why Libyan Oil Is Unlikely To Return In The Short-Term
On the surface, the announcement to unify Libya’s contending National Oil Corporations (NOCs) on 2nd July greenlights a turn towards the restoration of the oil sector. In an ambitious effort…
