 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.724 | -0.001 | -0.04% |
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 1 day | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 4 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 4 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 4 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 4 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
U.S. Sanctions on Venezuela Snap Back Into Place
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Russia’s Crude Is Trading at $15 Above the Price Cap
Russia’s flagship crude grade is…
Biden Administration's SPR Plans Derailed by Oil Price Surge
The Biden Administration cancels planned…
Energy
Which Shale Firms Will Cut Production?
Even as the price of oil remains stubbornly low, the IEA is starting to become incrementally more positive about oil’s supply and demand balance in the…
Peak Oil Has More To Do With Oil Prices Than You May Think
The Origins of Peak Oil AwarenessThe scientific study of peak oil began in the 1950′s, when Shell geophysicist M. King Hubbert reported on the…
Ignore OPEC And Goldman, It’s Time For A Reality Check
It’s stunning how behind the times the analysts can be.It is, in fact, the one thing to our advantage as independent investors – we care only about being…
What The Fed’s Decision Means For Investors
Yesterday’s conclusion of the Federal Open Market Committee (FOMC) meeting and the subsequent announcement and press conference was, if we were to believe the stories going in, supposed to bring…
A Land Of Promise For Offshore Drillers
Not all regions of the world with proven oil are receiving attention from struggling oil companies. But as the lesser prospects get put on the shelf,…
Oil Markets Still In The Hands Of The Short Sellers
November Crude Oil(Click Image To Enlarge)Fundamental AnalysisAfter a lackluster start, November Crude Oil futures…
$50 Oil For 15 Years – Can Anyone Take Goldman Seriously Anymore?
The Federal Reserve decided to leave interest rates unchanged, a move that had become increasingly expected as the Fed meeting drew closer, due to low inflation and concerns over instability…
China Keeps Oil Prices From Falling As It Fills Its Strategic Reserves
With a lack of overnight economic data to consume, we are left to reflect on yesterday’s Federal Reserve decision to keep interest rates at 0.25%. While…
This Is What Needs To Happen For Oil Prices To Stabilize
On September 10th the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD. That is a staggeringly enormous number, approximately 10 percent…
Oil Prices Could Surge As This Country Fails To Meet Production Targets
One of the most significant countries in terms of future oil growth may not be able to achieve its long-term production goals, raising red flags about global oil supplies in…
Does OPEC Have An Ace Up Its Sleeve?
OPEC has been the most talked about organization in the oil and gas circuit in the last year as the cartel pursues market share, and any…
Fed Defers Rate Hike, But Oil Fundamentals Don’t Matter Anyway
I have long maintained that various distortions of fundamental data by the media and analysts are partly to blame for why oil prices are de-coupled from…
Low Oil Prices Force Saudis To Re-Shape Domestic Energy Policies
Seventy-six years to the day after Ol’ Blue Eyes recorded ‘All or Nothing At All‘, and the Federal Reserve finds itself in a similar predicament. For…
To Hike Or Not To Hike, Anxious Oil Industry Awaits Fed’s Decisions
The Federal Reserve could raise interest rates as soon as this week, as its governors meet to discuss monetary conditions. The decision could have an enormous…
Is This The End Of The U.S Shale Gas Revolution?
While everyone is watching the oil bust, there is another bust going on – one for natural gas. Before there was a boom in oil production…
Saudi Arabia Opening Up For Business As Oil Strategy Takes Its Toll
Saudi Arabia faces a problem. The G20 nation and de facto head of OPEC relies almost solely on oil to power an economy that has…
Our Energy Problem Could Lead To A Major Debt Crisis
Usually, we don’t stop to think about how the whole economy works together. A major reason is that we have been lacking data to see long-term…
3.1 Million Barrel Draw In U.S Stockpiles Stimulates Oil Prices
Crude prices are ripping higher today thus far, egged on by a surprise draw from last night’s API report. A 3.1 million barrel draw was seen,…
Is A Coal Price Recovery Near?
Lower prices have had a mixed effect on commodities production. Metals like gold and iron ore have seen output stay stubbornly high -- with Platts reporting…
For Canadian Oil Sands It’s Adapt Or Die
That low oil prices are squeezing out oil sands producers is not breaking news. But in spite of a grim oil price outlook, production out of…
