 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.709 | -0.005 | -0.18% |
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 2 days | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 9 hours | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 9 hours | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 9 hours | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 9 hours | 75.75 | -2.68 | -3.42% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Breaking News:
Morgan Stanley Hikes Its Summer Oil Price Forecast to $94
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Suing Big Oil Is Becoming a Lucrative Business
Supermajors have been a top…
The Oil Price Rally Has Stalled... For Now.
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Energy
Did Brexit Kill The Oil Price Rally?
Oil prices fell again on Monday after last week’s rout following the Brexit vote, deepening the losses and killing off a multi-month oil price rally. There…
Iran’s Oil Production Is Slowing Fast
A major part of the fall in oil prices last year was driven by concerns over the rising production levels of Iran. With nuclear sanctions in…
Don’t Listen To The Analysts: The Rig Count Still Matters
The rig count matters. Saying that it doesn’t is like a realtor saying that location doesn’t matter. Rigs Don’t Produce Oil The holiest mystery of shale…
Does The U.S. Really Need A Strategic Petroleum Reserve?
With oil prices below $50 per barrel and advances in U.S. shale oil drilling transforming the U.S. into one of the top oil producers in the…
Saudi Arabia’s Oil Storage Falling As Exports Exceed Production
The U.S. has seen several weeks in which the levels of crude oil sitting in storage have declined, falling from 80-year record highs. Inventories have dropped…
VW Agrees To Pay $10 Billion In Dieselgate Scanadal
Back when VW started installing pollution test-cheating software on its diesel-engine cars, probably no one thought it would all end with such a loud bang: $17.8…
Low Oil Prices See China’s Oil Output Shrink 7.4%
China produced 7.4 percent less domestic crude oil in May compared to a year ago, settling at 16.76 million tonnes. This was due to plans by…
Oil Continues To Tumble Over Market Uncertainty
As the U.S. dollar flexes its muscles once again and broader markets adopt a decidedly risk-off stance, oil prices are charging lower amid unknowns surrounding last week’s Brexit decision. Hark,…
Earthquakes Cause Giant Natural Gas Field To Cut Production By 44%
Europe just lost a big chunk of production from one of its most critical natural gas fields, and not for any of the usual reasons —…
TransCanada Asks US For $15 Billion Over Cancelled Keystone XL Pipeline
Environmentalists may have cheered President Obama’s decision to reject the Keystone XL Pipeline, but the Canadian company involved in the project now wants its money back.…
OPEC’s Pain Is Only Getting Worse As Revenues Continue To Fall
OPEC lost $349 billion in revenue last year because of low oil prices, cutting revenues almost in half from the year before. A report from…
Private Equity Ready To Jump Back Into Oil
Private equity (PE) funds are warming up to the idea of investing in the oil and gas sector, on the prospects of higher oil prices in…
Investing In Oilfield Services Is Now More Complicated Than Ever Before
It was a memorable phone call. A couple of months ago a classically trained financial engineer with money to invest in distressed oilfield services (OFS) companies…
Big Oil Faces Looming Threat from Climate-Conscious Investors
Bank financing of fossil fuel and mining projects is “undermining” the recently signed Paris climate accord. This is according to “$horting the Climate: Fossil Fuel…
The Oil Industry Needs To Change Its Strategy And Fast
I can recall, it was the month of September in the year 2012, when I last filled up my car with gasoline for $3.81/gallon ($57.15 for…
Russia-German Pipeline May Break Europe’s Energy Union
In March, nine Central and Eastern Europe (CEE) European Union member states sent a letter to European Commission President Jean-Claude Juncker objecting to the construction of…
Analyzing The 2016 BP Statistical Review
Each year in June two very important reports are released that provide a comprehensive view of the global energy markets. The highlight of the recently-released
What To Do Next?
We’ve benefited from a fairly strong oil market, resulting in an energy subsector that has been outperforming the stock indexes for the past several weeks. In short, our energy thesis…
Thoughts On Brexit: Don’t Panic and Look for Value
Okay, so the vote in the U.K. was a shock to many, not least the now “ex” British Prime Minister David Cameron. It was certainly a…
Supply Risks Loom, Creating Potential for Higher Oil Prices
Friday, June 24, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this…
