 |
Louisiana Light • 3 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 176 days | 81.76 | +2.02 | +2.53% | ||
|
Gasoline • 23 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 2 days | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 2 days | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 2 days | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 2 days | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 2 days | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 3 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 3 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 3 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 4 days | 87.23 | -0.55 | -0.63% |
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Energy
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:
Oil Prices Plunge 5% As Traders Fear A Wave Of Iranian Oil
WTI and Brent hit fresh lows on Friday over persistent fears of oversupply. The latest thing to drag down oil is the prospect of Iran quickly…
Another $165 Million Deal Signed In This Emerging Oil Hotspot
I discussed last week how Argentina is now getting the best oil pricing on the planet. Setting up this former pariah nation as perhaps the…
Saudi Arabia: A Weak Kingdom On Its Knees?
The great Kingdom of Saudi Arabia—the long-time dictator of crude oil prices for the world—is struggling on all fronts. The Saudis are losing their proxy wars…
27 Billion Barrels Worth Of Oil Projects Now Cancelled
An estimated $380 billion worth of oil and gas projects have been cancelled since 2014, according to a new estimate from Wood Mackenzie. The downturn…
Oil Bust Could End Dollar Domination
The US dollar survived the collapse of Bretton Woods in the ‘70s because its use in crude oil transactions made it the king of reserve currencies,…
Energy Investors Should Look At Auto Stocks
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ExxonMobil’s Large Offshore Discovery Faces Political Risk
For Guyana, a small nation on the northern coast of South America, Exxon Mobil is a welcome potential savior. Even as the energy industry grapples with…
$380 Billion In Upstream Projects Delayed As Oil Keeps Tanking
The crude complex is rocking out in celebration of Dave Grohl’s 47th birthday today, pushing higher while risk aversion reigns in broader markets overnight. European and…
Saudi Aramco IPO More About Geopolitics Than Finance
In the first week of 2016, Saudi deputy crown prince Mohammed bin Salman, in an interview with the Economist, revealed that the Saudi government is considering…
Cheap Oil Hits Housing In North Dakota, Texas, and Others
Low crude oil prices since the second half of 2014 have created a boon for consumers as the cost to fill up at the pump has…
How Texas Oil Turned America Into A Superpower
If Texans weren't already certain of their comparative significance among the U.S. states, they will soon gain more bragging rights with a new TV series that…
Get Ready for Iran’s Oil: Sanctions Could Be Removed Next Week
The international incident involving the capture of U.S. sailors by Iran was quickly put to rest. Ten U.S. serviceman were taking into custody by Iran’s Revolutionary Guards on January 12…
EIA Forecasts Miss the Mark, But Do Better Than Most
Friends, Oilmen, Economists, I come not to bury Sieminski but to praise him. In case you don't know (I confess I didn't) Adam Sieminski is the…
China’s Refiners Report Glut In Distillates
It is national rubber ducky day, and the crude complex is acting accordingly – managing not to sink for the first time this year. After seven…
There Might Be More Oil Under The North Sea Than Previously Thought
Energy experts RBN Energy highlighted an interesting trend this week. Showing that oil production from the U.S. offshore is actually growing — even as onshore shale…
War Between Saudi Arabia And Iran Could Send Oil Prices To $250
The rift between Saudi Arabia and Iran has quickly ballooned into the worst conflict in decades between the two countries. The back-and-forth escalation quickly turned the…
