 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.719 | -0.006 | -0.23% |
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 1 day | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 7 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 7 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 7 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 7 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
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Energy
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Oil is only just beginning to regain some of the ground that it has lost over the last few years, but already some analysts are looking for much higher prices.
$1 Trillion In Spending Cuts Could Lead To An Oil Price Spike
Are today’s spending cuts setting the global oil market up for a supply crunch in a few years? An oil supply deficit may be hard to…
Oil-Dependent African Countries Desperate To Find New Markets
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Renewables Revolution Reaching New Heights In 2016
The global oil price slump has dominated the news for months, as exporting nations and energy companies worry about losses. Low prices are affecting both established…
Oil Markets Are Balanced But Bracing For Brexit
This week’s key data from the oil and gas industry shows that fears of a Brexit continue to weigh on oil, as the dollar strengthens due to market uncertainty. We…
Saudi Oil Exports Reach Six-Month Low
Oil exports from Saudi Arabia tumbled to their lowest point in six months according to the latest Joint Organizations Data Initiative (JODI) published on 20 June…
Oil Retraces Amid Broader Market Volatility
Once again, the oil market is being whipsawed around by currency swings under the influence of Brexit sentiment. Amid dollar strength, Nigerian truce hopes, and some…
Oil Majors Are Turning To Russia For M&A Opportunities
As I discussed last month, M&A activity is returning to the oil and gas sector, as a rebound to $50 crude is encouraging the world’s…
Why We Can Expect Cripplingly Higher Oil Prices In The Near Future
The break-even price for Permian basin tight oil plays is about $61 per barrel (Table 1). That puts Permian plays among the lowest cost significant supply…
To Avoid The Oil Curse, Russia Needs To Take A Leaf Out Of The Saudi’s Book
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Big Oil Betting On Another Price Jump With Refinery Sales
Refining revenues have for many oil businesses been the difference between life and death over these past two years. Now they are helping some of the biggest oil companies in…
Inventory Drawdowns Won’t Boost Oil Prices
During the next three months, various analysts expect crude oil inventory drawdowns to increase, providing support to crude oil prices. However, post-September, inventory build-up is likely…
Why China’s Energy Deregulation Is More Important Than The Aramco IPO
In recent years, images of China’s rapid industrialization have become all too familiar: from enormous factories, and infrastructure projects, to the ubiquitous smokestacks of the nation’s…
How The Brexit Vote Will Impact Oil Prices
British voters are set to vote this week on whether to stay within the European Union or to break up and go it alone. Although the…
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Russia Considers Building A Hyperloop To China
Russia’s Transport Ministry is considering the Elon Musk-proposed Hyperloop concept to connect China with the Russian Far East and may propose the idea to Beijing. "The…
Slavery At Sea: The Ugly Underbelly Of Oil Shipping
The words “slavery” and “oil”, when used together, are usually reserved for use in the context of palm oil, but the offshore oil and gas industry…
Is Statoil Ready To Move Away From Fossil Fuels?
Norway’s parliament recently passed legislation vowing to make the country carbon-neutral by 2030. The bill passed with bi-partisan support and is a powerful indicator of the…
OPEC May Be Forcing Venezuela Into Regime Change
A key U.S. Congressman believes that the actions by the Organization of Petroleum Exporting Countries (OPEC) regarding oil production could lead to regime change in Venezuela,…
