 |
Louisiana Light • 1 day | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 1 day | 88.04 | -0.81 | -0.91% | ||
|
Opec Basket • 2 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.639 | -0.052 | -1.93% |
|
Bonny Light • 1 day | 88.04 | -0.81 | -0.91% | ||
|
Girassol • 1 day | 89.07 | -0.57 | -0.64% | ||
|
Opec Basket • 2 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 9 hours | 75.13 | -0.70 | -0.92% | ||
|
Light Sour Blend • 9 hours | 78.18 | -0.70 | -0.89% | ||
|
Syncrude Sweet Premium • 9 hours | 85.13 | -0.70 | -0.82% | ||
|
Central Alberta • 9 hours | 75.53 | -0.70 | -0.92% |
|
Eagle Ford • 1 day | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 1 day | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 1 day | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 2 days | 87.60 | -1.22 | -1.37% |
Breaking News:
U.S. Drilling Activity Slips
The total number of active…
The Four Key Reasons Why The U.S. Will Never Stop Targeting Russia’s LNG Sector
The U.S. has been laser-focused…
LNG Bunkering Sales Off to a Strong Start in 2024
LNG maintains its dominance as…
Energy
Top Oil Companies Report Dismal Earnings
After a dismal quarter for oil prices, the oil majors are starting to report their earnings – and they don’t look good.Royal Dutch Shell is the latest to…
10 Tips For Oil Companies To Ride Out The Storm
It’s been a long and tough year so far for oil and gas producers.While cheap oil has been a boon for American consumers and some businesses, it has…
Is This The Most Bearish Oil CEO Statement Yet?
In a cautious and prudent display of corporate strategy, Anadarko’s CEO announced that his company would not seek to expand its holdings unless and until it becomes profitable to…
Oil Majors’ Earnings Highlight Wider Industry Woes
Three hundred and ninety-seven years after Sir Walter Raleigh was beheaded, and crude prices are getting the chop once more. After yesterday’s Federal Reserve FOMC rhetoric brings a December rate…
These Private Equity Giants Are Selling Their Shale... To China
Very interesting story unfolding this week in the U.S. energy sector; showing several twists emerging amongst the players in this space, old and new.The Wall Street Journal broke…
SPR To Be Used To Raise Cash For US Gov
The U.S. Congress is moving on a budget deal to avert a standoff over raising the debt ceiling, at least until 2017. The emerging budget deal calls for some…
Policy, Coincidence Or Conspiracy: What’s Really Holding Oil Prices Down?
One thing I live by is the belief that “if coincidences keep happening they are no longer coincidences.”There seem far too many coincidences to credibly believe that the…
The Gasoline-Powered Car Could Be Gone By 2050
We’ve seen predictions of the death of the automotive industry before; even the death of the car salesman, and, more recently, the death of diesel. To be…
Why VW Is “Too Big To Fail”
The phrase “Too Big To Fail” came about during the Financial Crisis of 2008 to describe banks bailed out by the U.S. government after they were deemed systematically important during…
Shell’s Scrapped Oil Sands Project Highlights Major Issue For Canada
It has been a brutal few weeks for Royal Dutch Shell.On October 27, the Anglo-Dutch oil major announced that it was pulling the plug on its Carmon Creek…
Oil Markets Await Fed’s Decision This Afternoon
In honor of Cleo Laine’s 88th birthday, the crude market is swingin’ away today, trying to shimmy away from a two-month low. After a turbulent night, prices have reversed losses…
How Long Can OPEC Hold Out?
As oil prices are now hovering around $45 per barrel, the entire oil and gas industry is looking forward to the next OPEC meeting, due to be held on December…
NatGas Glut Mirrors The Problems Facing Oil Markets
Natural gas prices have fallen to their lowest levels in three years, plummeting by more than 10 percent on October 26.The balance of natural gas supply and…
U.S. Shale Lifelines Running Thin
As the world heads towards the start of the winter fuel oil season, crude prices still show little sign of a sustained upward move. Instead, oil seems to be trapped…
Oil And Natural Gas Prices Crashing Once Again
Third quarter earnings reports are starting to trickle in and the numbers will likely be poor. BP (NYSE: BP) kicked things off on October 27, reporting that its profits…
Iran May Not Be That Attractive To Oil Industry After All
Iranian officials last week informally presented to several Western energy companies and Iranian contracting and production companies the contract it hopes will attract $100 billion in foreign investment to…
Next Few Weeks Will Reveal Full Extent Of Oil Industry Suffering
Get ready for some bad news and red ink.With the bulk of quarterly earnings reports in the energy industry yet to be announced, there are already $6.5 billion…
The Stock That Keeps Going Up As Gas Prices Fall
Most companies in the energy industry are hurting as oil prices fall. There are exceptions of course, like refiners and tankers that can be good investments in some special circumstances…
Is This The Last Roll Of The Dice For The Offshore Sector?
The U.S. Department of Interior announced the cancellation of the two Arctic offshore lease sales on October 16, which were to be held in 2016 and 2017. This sealed the…
U.S. Oil Imports On The Rise Once More
The massive increase in oil production in the United States over the past half-decade has significantly cut into America’s dependence on oil imports.The share of total oil consumed…
