 |
Louisiana Light • 1 day | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.718 | -0.016 | -0.59% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 10 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 10 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 10 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 10 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 1 day | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Semiconductor Supply Chain Remains Secure Despite Taiwan Earthquake
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Energy
How Microgrids May Transform The Future Of Energy
Much of the focus in the debate over the future of the energy and utility industries is focused on the efficacy of renewable power plans to…
Weaker Dollar Continues To Drive Oil Prices Up
Two hundred and three years after J.F. Hummel patented rubber, and the oil market is bouncing once again. Yesterday’s dollar weakness was encouraged by a super-strong…
Why Canada’s Oil Industry May Never Be the Same
Never is a long time. The dictionary definition is, “at no time in the past or future; on no occasion; not ever.” In the volatile oil…
Russia And Saudi Arabia Locked In Relentless Fight Over China's Oil Market
Russia and Saudi Arabia have been (relatively) quietly fighting for market share in China ever since oil prices started their downward spiral in mid-2014—now the battle…
Venezuela’s Electricity Blackout Could Cut Off Oil Production
On Tuesday, Venezuela shortened its workweek to just two days as the country suffers through a deepening power crisis. Venezuela sources about 60 percent of its…
How The Debacle At Doha Marked The End Of An Era
Sunday, April 17th was the designated moment. The world’s leading oil producers were expected to bring fresh discipline to the chaotic petroleum market and spark a…
Oil Prices Jump To Six-Month High
Oil prices surged to their highest levels in six months on Wednesday as the Fed left interest rates unchanged. WTI jumped by 2.8 percent to $45.29…
Saudi Oil Exports To U.S. Reach 11-Month High
One hundred and six years after Claude Grahame-White performed the first night flight, and today’s oil market is flying blind once more, supported by macro factors…
Massive Oil Theft By Pirates Costs Nigeria $1.5 Billion Every Month
Depressed oil prices, rampant corruption, and pipeline vandalism are only parts of Nigeria’s oil problem. It’s now losing a massive 400,000 barrels of crude daily to…
Big Oil Surprises Analysts, Is The Worst Behind Us?
Once again its earnings season and the first quarter is likely to be one of the most closely watched in a long time since it encompasses…
$500 Billion In Lost Oil Revenues Forces Gulf Nations To Turn To Debt Markets
The International Monetary Fund (IMF) has projected a whopping $500 billion loss in revenue for the Gulf nations in 2016, which is 30 percent more…
Why Saudi Arabia Will Not Win The Oil Price War
Crude oil prices continued to surprise on Tuesday, with the U.S. benchmark adding another 4 percent to $44.60 a barrel. West Texas Intermediate is now up…
Something Has To Give – Goldman Sachs Expects More Dividend Cuts
It hasn’t been a great week for Big Oil. BP reported an 80 percent decline in earnings, and ExxonMobil lost its coveted AAA credit rating, which it has…
Oil Prices Fall On Unexpected EIA Barrel Build
One hundred and sixteen years after the birth of Woody Woodpecker creator and animator Walter Lantz, and WTI crude oil is knocking on the door of $45 – and knocking…
This One Number Just Changed The Outlook For Global NatGas
The eastern Mediterranean is very quietly becoming one of the most important spots globally for natural gas. With recent mega-finds in places like Egypt and Israel holding the potential…
Has the Oil Price Rally Gone Too Far?
Oil speculators are growing more confident that prices are gaining ground on the back of rising demand and shrinking supply. U.S. gasoline demand is at a…
First “Illegal” Shipment Of Oil Leaves Eastern Libya
A cargo of 650,000 barrels of crude left the Libyan port of Hariga yesterday, in the eastern part of the conflict-torn country, sparking what promises…
Could Sabotage Cause A Surge In Oil Prices?
Hidden among the ballyhoo about a collaborative freeze in production growth, a less visible but far more effective dynamic has affected, and likely will affect, oil…
Are Oil Dividends Worth it?
Are you tempted by nice dividends such as BP’s 7.53 percent and Shell’s 7.31 percent? Long-term investors are. They’re lapping up the oil majors on dips…
Can Crude Continue To Rally Like This?
When looking at the key figures for the oil and gas industry this week, we see that oil prices hold their ground in the mid $40's while the U.S. rig…
