 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.770 | +0.012 | +0.42% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 6 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 6 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 6 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 6 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
The Oil Price Rally Has Stalled... For Now.
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Profit Taking Is Putting Downward Pressure on Oil Prices
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China Is Winning The Race for Affordable EVs
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Energy
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
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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
Oil Bust Continues To Take Its Toll On Canadian Economy
The fallout from the commodities price rout may prove to be more lasting than that of the 2008 global financial crisis. Economies dependent on oil and…
Is Russia Winning The Oil Export War Against The Saudis?
Russia is on track to set a new record in crude oil exports this year, and Iran is boosting exports to Europe, intensifying competition on the continent,…
Rally Over? Oil Down 4 Percent
We begin by taking a quick look at some of the critical figures and data in the energy markets this week, which show a sharp fall…
Oil Crashes As Crippled Pound Drags Down Equities, Bonds
As the oil market returns to full strength after the Independence Day break, crude prices are charging lower, egged on by a strengthening dollar (well, weakness elsewhere –…
Iran’s Oil Production Could Take A Serious Hit If This Happens
One of the world’s most anticipated oil and gas plays just had a major setback. With officials appearing to do an about-face on opening up prime exploration ground…
New Niger Delta Attack Claims Two Lives
A group of unidentified Nigerian militants attacked a boat transporting Eni oilfield workers in the Nembe area of the Niger Delta on Sunday, a spokesperson for Eni said. The attack reportedly…
Consolidation In Libyan Oil – A Major Red Flag For Oil Markets?
A political breakthrough in Libya could potentially contribute to the return of some of the country’s disrupted oil production. Libya has been torn apart by civil war, political…
Gas Pump Skimming At New Records This Holiday Weekend
How many drivers carefully study the card slot at the gas pump when they stop to fill up the tank? A tiny minority, probably, even though we’re all…
Fresh Niger Delta Attacks Could Send Oil Prices Up
The Niger Delta Avengers (NDA) were a major driver of the rally in oil markets over the past several months, as the outage of roughly 600,000 barrels…
Exxon’s Mega Discovery Could Be A Boon For Offshore Investment
Potentially game-changing announcement in the oil and gas sector late last week. From a part of the world that’s almost completely unknown for petroleum — but could soon…
Texan Oil Production May Not Be Falling As Fast As Analysts Believe
I have considered an alternative way of estimating Texas oil (C+C) output using the Drilling info data provided in the EIA’s 914 monthly production reports.
Is It Time For OPEC To Dissolve?
OPEC is no longer functioning as a cohesive group. Is it time for OPEC to finally dissolve? The major oil-producing countries in the world heavily depend…
Big Oil Could Spark A Renaissance In U.S. Shale
The collapse of oil prices has killed off any appetite that the oil industry had for megaprojects that cost tens of billions of dollars. With…
Abu Dhabi To Create $135 Billion Oil Giant
Times of hardship are times for consolidation, and Abu Dhabi has just announced what’s probably the biggest M&A deal this year in oil. The emirate will…
