 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 21 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 5 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 21 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 21 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 12 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 12 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 12 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 12 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Gas Glut? Not for Long.
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Oil Moves Down on Crude Inventory Build
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Energy
Chinese Demand For Molybdenum Is Up 89.4% This Year
There’s been a lot of concern lately over slowing Chinese demand for commodities. But news this week shows that one metal is bucking that trend — and seeing…
Oil Tumbles As Britain Votes Out
Oil prices reacted poorly when the news came that UK voters had opted on Thursday to leave the European Union. Futures for crude oil took a definite…
Devastating News For OPEC As Oil Revenues Hit A 10-Year Low
OPEC oil export revenues took a $438 billion hit last year, according to OPEC’s 2015 annual report released on Wednesday. Despite the poor showing in OPEC revenues,…
Potash Price Surge Could Lead To Higher Food Costs For Billions
We are on the precipice of a food fight among 7 billion people, and potash will be right at the center of it. If you can add 200,000 people every…
Oil Prices Could Spike As Analysts See Venezuela Losing 500,000 bpd
Oil prices have surged by more than 80 percent since February on the back of unexpected supply disruptions. But the market could be missing yet another potential supply…
Are Natural Gas Prices About To Fall?
The market for natural gas in the United States continues to seesaw back and forth, with a recent bout of optimism threatened to be dashed as inventories climb…
Hedge Funds Uncertain Of Further Oil Price Increase
The oil rally is facing considerable resistance at the $50 per barrel levels, and hedge funds have closed 63 million barrels of long positions—a reduction of 10 percent—in…
Australia Positioned For Asian Plastics Boom
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Where Oil Will Go On Brexit Day
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U.S. Shale Producers Just Won Their Biggest Legal Case In Years
Fracking is once again becoming a hot topic in the oil and gas world., with Germany moving Tuesday to impose an indefinite ban on the…
The Oil Glut Is Over, Says World’s Most Powerful Oil Man
Newly appointed Saudi Oil Minister Khalid Al-Falih declared the oil glut over during a visit to Saudi Aramco facilities in Houston, Texas, today. Speaking to the Houston Chronicle about the oil…
Shell’s Ambitious Plan To Topple Exxon
Ben Van Beurden, Chief Executive Officer of Royal Dutch Shell has laid out an ambitious plan to overtake ExxonMobil as the number one oil company in…
Google And Uber Threatening Car Industry Giants
Rarely has there been an industry as stable as the car industry. Except for design modifications, the basics of the automobile as a product haven’t changed…
NASA May Have Just Transformed Aviation With 100% Electric Plane
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Musk May Have Gone Too Far With His SolarCity Buyout
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Could Peak Coal Really Be Here?
The world’s coal resources are clearly huge. How could China, or the world in total, reach peak coal in a timeframe that makes a difference? If…
Israel Looking Into Building An Offshore Port For Gaza
Necessity is the mother of invention, as Israel’s Transportation Minister Yisrael Katz has recently demonstrated, pushing forward with his idea for a detachable offshore port…
EIA Reports Another 900,000 Barrel Draw On US Crude Stockpiles
Oil prices pushed up closer to $50 today ahead of the U.S. Energy Information Administration’s (EIA) release of crude inventory data, but were trading slightly lower after the official…
Oil Market Swings Ahead Of EIA Inventory Report
The frenetic price swings continue in the oil market today, with oil prices push higher ahead of the EIA’s weekly inventory report, further buoyed by dollar…
