 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 1 day | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 176 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 14 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 1 day | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 1 day | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 1 day | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 1 day | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 1 day | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 1 day | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
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Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
Geopolitical Tensions Fail to Spark Oil Price Surge
The fluctuating prices in response…
Texas Deepwater Oil Export Projects Stall
Four projects were planned offshore…
Energy
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Does Buffett See A Bottom In Oil Prices
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Is This The Bottom? Balance In Oil Markets Closer Than Many Think
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$20 Oil No Longer Seen As Good For The Economy
After flirting with breaking below $30 per barrel, oil decidedly broke that threshold at the end of last week, deepening the unrelenting losses the market shave witnessed so far in…
The Condensate Con: How Real Is The Oil Glut?
My favorite Texas oilman Jeffrey Brown is at it again. In a recent email he's pointing out to everyone who will listen that the supposed oversupply…
Oil Sold for -$0.50 per Barrel. A Negative Price!
The oil markets are on edge with oil sinking into the $20s per barrel. And last week we reported on one place where oil is…
U.S. Crude Production Could Fall Harder Than Thought In 2016
According to the Energy Information Administration’s Monthly Energy Review database, world field production of crude oil in September was up 1.5 million barrels a day…
Oil Prices Fall Again As Traders Remain Fearful Of Iranian Production
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The World Just Lost One Of Its Biggest Oil Plays To Low Prices
Energy analysts Wood MacKenzie said last week that low oil prices have now caused the delay of 68 planned petroleum projects globally. Representing $380 billion in frozen capital expenditures. And…
When Will Petrobras’ Fire Sale Start?
The economic instability in China has raised concerns about the global economy, but the pain is already being acutely felt in Brazil, where economic success over…
Did Shell Take On Too Much Risk In This Oil Price Environment?
On the heels of its acquisition of BG Group at a time when everyone else is offloading assets in these days of dismal oil prices, Royal…
Kenya Hoping to Export Oil, Despite Global Downturn
When Uganda and Total appeared to scuttle the deal for a joint Kenya-Uganda pipeline citing security concerns in October 2015, Kenya pledged that it would…
Low Oil Prices Take Their Toll On Recycling Sector
“Plastics,” Mr. McGuire tells Ben Braddock in the 1967 film “The Graduate.” He was impressing on the young man the importance of one of the chief…
Middle-East Markets See Extremely Bad Start Of The Year
Broad Middle-East and African stock markets crashed over 5%, erasing any gains back to November 2008 as the carnage from last week continues. From Kuwait (-4.3%)…
We Have A Winner In The International Shale Race
I’ve been speaking the last few weeks with friends in Canada’s oil hinterland of Alberta. And the view is bleak. With benchmark crudes like WTI and…
Facing The Reality Of A Bear Market
Oil's been in a bear market for more than a year – we've known that. But now the stock market is entering its own bear market,…
Exaggerated Forecasts As A Contrarian Signal
When markets correct dramatically, as stocks have done since the beginning of the year, the cynical trader side of me comes out in force. I am…
Oil Still Moving Down, But Mid Term Global Supply Looks Uncertain
In the latest edition of the Numbers Report, we’ll take a look at some…
The Trend Is Down, But Short Covering Can Happen Anytime
March Crude Oil futures continued to weaken the week-ending January 15 as the market continued to get hit from bad news on both the supply and…
Oil Sinks Below $30 As Traders Fear Tidal Wave Of Iranian Oil
Before updating you on these week's events in energy, we first take a look at the key figures for the oil and gas industry:
