 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 21 hours | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 27 mins | 2.729 | -0.005 | -0.19% |
|
Bonny Light • 21 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 21 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 20 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 20 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 20 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 20 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June
Despite some crude inventory builds…
Breakthrough Paper-Based Battery Design Draws Inspiration from Plants
Researchers at Tohoku University have…
Why Biden is Unlikely to Enforce the New Iran Oil Sanctions
Despite Congress passing new sanctions…
Energy
Morgan Stanley Warns That Rising Rig Count Could Undo The Rally
In an industry where anything could happen, surprises—often unwelcomed—are hard to come by. Oil is exactly such an industry at the moment. No one is sure where oil…
Saudi Strategy Working: OPEC Captures Largest Market Share Since 1975
OPEC has captured its largest share of the oil market since 1975, which could be seen as a vindication of the cartel’s strategy over the past two years.…
Big Oil Ready To Start Spending Again
Large oil and gas companies seem to be looking at new opportunities to invest, to capitalize on the future growth in oil demand. The confidence to invest in…
Saudi Aramco IPO Has Investment Banks Flocking to Riyadh
It’s a rough time to be an investment banker. Between Brexit crippling Europe and China worries depressing U.S. firms, investment banking transactions volume has been relatively weak leading…
Why Utilities Have To Decrease Dividends
Electric companies, at least the ones trading on the U.S. stock exchanges, are either fully regulated, partly regulated/partly competitive or fully competitive entities. Most of the old line,…
Shrinking Chinese Demand About To Slam Oil Prices
The oil markets have fallen back from the $50 per barrel mark due to questionable Chinese demand and an expectation of early restoration of supply outages. Crude is…
Oil Tanks On ‘Disappointing’ Inventory Draw
Oil prices jumped on Wednesday in early trading as global stock markets rose and crude oil inventories were expected to fall sharply in the U.S., but as the…
Chilcot Report: UK Oil Interests Were Lead Motive For Iraq War
The long-awaited report of John Chilcot, a senior UK civil servant, on the Iraqi War and the events that led to it has revealed that the UK energy business had…
Critical Developments In The Copper Market
It’s been a roller-coaster couple of weeks for copper. With the Brexit scare dropping the price nearly 4 percent in a day — only to come…
Libyan Oil Unity May Not Happen After All
Last week the two administrations of Libya’s National Oil Company made a breakthrough, reaching an agreement to unify their oil operations for the greater good, but now the eastern…
Lockheed Tech Breakthrough Is About To Revolutionize Oil Exploration
A new sensor developed by Lockheed Martin and Neos will be able to find the location of precious metals and fossil fuels buried under the Earth’s surface by…
Oil Drillers On Thin Ice As Banks Tighten Credit
Two years on from the beginning of the decline in oil prices, lenders continue to tighten access to finance for oil and gas drillers. Having been burned repeatedly…
Amazon’s New Bizzare HQ Pushes Clean Tech Boundaries
The rise of the information technology, e-commerce, and software industries has brought with it profound changes in the way that companies operate. That’s not just because…
Diminishing Outages Could Exacerbate Oil’s Fall
The lulling stability of oil prices over the last months has been a welcome respite, and both Saudi and Russian authorities have declared the glut ended.…
Why Chevron And Shell Are Better Bets Than BP and Exxon
Want to invest in the oil majors? Take a look at Chevron and Royal Dutch Shell, but steer clear of ExxonMobil, BP, and Total. That is the conclusion from a…
Oil Dragged Lower By Crashing Gasoline Futures
Another day, another dollar (rally). Crude prices are again coming under downward pressure as economic concerns swirl and uncertainty swells. That said, dollar strength was much more apparent…
India Sends Shockwaves Through Coal Markets
A very important data point for the global thermal coal market emerged this week, with one of the world’s largest importing nations saying that it may…
Will Iran Scare Away Big Oil Once Again?
Just when big oil was preparing to sign the new Iranian Petroleum Contracts and start working the country’s vast fields, hardliners once again took the upper…
Why An Oil Price Crash Remains Unlikely
There has been a lot of optimism returning to the energy markets of late as oil prices have climbed to the $50 a barrel region. Ironically, while a…
U.S. Has World’s Largest Oil Reserves
The U.S. holds more oil reserves than anyone else in the world, including Saudi Arabia, Russia, and Venezuela. That conclusion comes from a new independent
