 |
Louisiana Light • 1 day | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 1 day | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.751 | -0.007 | -0.25% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 1 day | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 9 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 9 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 9 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 9 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 1 day | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 1 day | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Coal Continues to Thrive Despite Pledges for Clean Energy
Despite global commitments to clean…
Oil Moves Down on Crude Inventory Build
Crude oil prices moved lower…
A Rarely Used Technique Could Double U.S. Grid Capacity
A rarely used technique called…
Energy
Only Five Oil Majors Make The Fortune 500 List
The latest Fortune 500 list has four oil majors in the top 100 – Exxon, Chevron, Marathon Petroleum, and ConocoPhillips – and another one, Devon Energy at…
Looking Inside The Mind Of An Oil Giant
The world’s second-largest petro-major gave us a rare look inside its corporate head this week. With top management pulling back the veil on which global oil and gas plays they…
After 350,000 Layoffs Oil Companies Now Face Worker Shortages
There could be a growing shortage of skilled workers in the oil industry. That may seem counterintuitive in an industry that has been rapidly shedding workers, with more than 350,000…
U.S. Shale Hurting: Largest Monthly Drop In More Than A Year
U.S. crude oil production fell 150,000 barrels per day in May and the global over-supply of liquids was 680,000 barrels per day. The EIA Short-Term Energy Outlook (
The Oil Futures Market Tells Us The Glut Is Over
According to consulting firm McKinsey, the current oil futures market is pointing to a coming balance between demand and supply—a balance which has the potential to render most…
Shell Unveils New Strategy: ‘Leaner and Deeper’
The soon-to-be leaner Shell is set to reduce its overall geographic footprint and focus on going deeper, instead of farther. Shell’s chief executive Ben van Beurden outlined…
EIA Projects An Increase In Global Oil Supply
The EIA’s Short Term Energy Outlook is out. The data is in million barrels per day.…
Niger Delta Avengers Reject Talks; Blow Up Another Chevron Well
The Niger Delta Avengers (NDA) strike again. The Nigerian government said that it would scale back its military campaign against the Avengers and push for negotiations after…
How Hard Did The Oil Crash Hit Canadian Banks?
With the release of Canadian banks’ second-quarter results, investors are beginning to measure the impact of the oil price collapse on the domestic financial industry. Widespread are the…
Oil Prices Double From February Lows
Between Doha hopes (and nopes), Nigerian supply 'disruptions' which apparently cannot be stopped (conveniently for many oil producers, equity bulls, and central bank inflation watchers), and non-transitory Chinese…
Oil Holds Steady As EIA Confirms 3.2M Barrel Draw
Official data released early on Wednesday confirms expectations of a U.S. crude oil inventory draw, with the Energy Information Administration (EIA) showing inventories down by over 3.2 million…
Iranian Oil Exports Soar As Shipping Companies Return To Iran
Back in mid-April, when Iran was desperate to start exporting the millions of barrels it was pumping each day out of the ground, it found it had…
China Hikes Domestic Oil Prices on Crude Rebound
China announced on Wednesday that it will raise the price of retail oil in reaction to global markets, with the National Development Reform Commission (NDRC) saying that the…
India Putting Floor Beneath Oil Prices As Demand Continues To Soar
If oil prices are to continue their strong rally, they will have India to thank. India has emerged as the “star performer” of the oil markets, the IEA…
An Oil Price Rebound Is Not Enough For The Bakken
At this point, Bakken barely remembers what a drill bit looks like, and the shale boom that once dug at its landscape is now a fleeting memory. Almost…
Why Did Natural Gas Prices Just Rise 25% In Two Weeks?
Natural gas prices have run up phenomenally since the June contract expired on 26 May at $1.963/mmBtu. The natural gas prices touched an intraday high of $2.48/mmBtu on…
Russian Lukoil Loses 50% of Profits in Oil Price Crunch
Lukoil, Russia’s largest private oil firm, announced on Monday a deep drop in profits in the first quarter of 2016 due to the new round of oil…
Is The Oil Rally Now Set To Continue?
This week’s key data from the oil and gas industry shows that outages in Nigeria and Canada, as well as a weakening dollar, have seen oil prices move past the…
Oil Prices Stimulated By Fed’s Inaction
Five hundred and twenty-two years after the Treaty of Tordesillas was signed, dividing Spain and Portugal, and crude is also in new territory today. As the gruesome twosome…
Irish Oil And Gas Licensing Round Dominated By Juniors
I wrote over the weekend about how an unfolding offshore licensing round in Cyprus could be a great opportunity for junior firms. And the past few days,…
