 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 24 hours | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 20 mins | 2.774 | +0.016 | +0.57% |
|
Bonny Light • 24 hours | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 24 hours | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 23 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 23 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 23 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 23 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 24 hours | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Will Namibia Become OPEC’s Newest Member?
Namibia wants to join OPEC…
Could The U.S. Become Lithium Independent?
Despite having some of the…
Nuclear Tensions Rise as Poland Offers Territory for NATO Warheads
Polish President Andrzej Duda has…
Energy
Oil Slides As Oil Majors Report Poor Results
Good day! Here are ten things to consider on this second day of February, 2016: 1) Punxsutawney Phil didn’t see his shadow, meaning an early start…
Russia Cries Dyadya (Uncle), Is Saudi Arabia Listening?
In recent days, signs of a possible breakthrough in the year-long stand-off between Russia and Saudi Arabia on crude production strategy have emerged. Saudi Arabia, OPEC’s…
Politics & Oil - What The President Failed To Mention In His Address To Congress
“What we have here is a failure to communicate.” That’s what the warden says to Paul Newman in the movie Cool Hand Luke, right after…
Banks On The Hook For Bad Energy Loans
Energy sector bankruptcies are mounting as we detox from the high of the shale boom, but while junk-rated energy bonds are experiencing staggering losses, and without…
Congress Looks To Pass Energy Bill for First Time Since 2007
The U.S. Senate will kick off deliberations over a (potentially) bipartisan energy bill this week. Reaching consensus on energy legislation has been notoriously difficult, but…
Sales Tax Dispute Could Send Billions to Texas Oil Industry
A potential windfall could wash over Texas oil and gas drillers. According to the Texas Tribune, the Texas Supreme Court decided to agree hear a…
Oil Prices Tank As Chinese Economic Data Continues To Disappoint
Today is Harry Styles’ 22nd birthday, and accordingly the crude complex is heading in one direction. (Down). We burst into February today, and get hit by…
This Could Be A Big Setback For Iran’s Oil Export Plans
Short but potentially very important note for the oil market over the weekend. From a place that’s been one of the major focus points for the…
Rig Count Update: Moment of Truth for the Permian Basin?
The U.S. land rig count fell 17 to 590 and the horizontal land rig count fell 13 to 487. Horizontal Land Rig Count Update This week, the Permian basin horizontal…
Fundamentals Are Lost, But Upside Visible For Oil
The oil market has become nothing but a rumor mill – rumors of Fed hikes to come, or even Fed cuts – and, over the last…
3 Rules for Trading Volatile Markets
For those who like to trade in the energy markets the last few weeks have been marked by one word: volatility. With 4 or 5 percent…
Oil Volatility at Seven Year High
Friday, January 29, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this…
Signs Of A Shift In Sentiment Are There, But Where Is The Catalyst?
March Crude Oil Analysis If you’re watching crude oil prices every day, you will probably say the market is volatile, choppy and directionless. If you’re watching it on a weekly…
Is China The Big Sponge That Absorbs The Oil Glut?
Discerning market pessimism from fundamental-based movements can be difficult, especially with all the moving oil has done in the last year plus. And to be sure,…
U.S Drillers Post Billions In Losses As Hedges Roll Off
As fourth quarter earnings start trickling in, lots of losses are piling up in the shale industry and another round of cuts are expected. Over the…
More Oil and Gas Bankruptcies Are Assured
2015 was a terrible year for energy investors, but many investors and even corporate officers may be deluding themselves in believing that if they simply hold on, the good times…
LukOil Back In Iran As Russia’s Output Faces Decline
Russia’s LukOil may have dropped some of its other new exploration projects as sliding oil prices curtail spending, but the specter of declining Russian crude…
Texan Wind Is Blowing Away The Competition
You have to hand it to Texas. The state that is perhaps most closely identified with oil production is now doing a good job of diversifying its investments and positioning…
Is Non-OPEC Oil Production Beginning A Serious Decline?
The EIA’s Monthly Energy Review just came out. They have the U.S. production numbers through December along with World, OPEC C+C, Non-OPEC and selected Non-OPEC…
Turkey Having Trouble Finding Alternatives To Russian Gas
With Russian-Turkish relations bottoming out after Turkey’s downing of a Russian military jet last November, Ankara is scrambling to reduce its dependency on Russian gas. But…
