 |
Louisiana Light • 3 days | 97.36 | -1.96 | -1.97% | ||
|
Bonny Light • 46 days | 118.1 | -3.97 | -3.25% | ||
|
Opec Basket • 4 days | 103.2 | +1.91 | +1.89% | ||
|
Mars US • 3 days | 90.59 | -2.65 | -2.84% | ||
|
Gasoline • 10 mins | 2.942 | -0.104 | -3.42% |
|
Bonny Light • 46 days | 118.1 | -3.97 | -3.25% | ||
|
Girassol • 46 days | 117.1 | -3.86 | -3.19% | ||
|
Opec Basket • 4 days | 103.2 | +1.91 | +1.89% |
|
Peace Sour • 9 hours | 87.54 | -2.25 | -2.51% | ||
|
Light Sour Blend • 9 hours | 89.64 | -2.25 | -2.45% | ||
|
Syncrude Sweet Premium • 9 hours | 93.19 | -2.25 | -2.36% | ||
|
Central Alberta • 9 hours | 87.84 | -2.25 | -2.50% |
|
Eagle Ford • 3 days | 96.52 | -0.70 | -0.72% | ||
|
Oklahoma Sweet • 4 days | 90.75 | +2.25 | +2.54% | ||
|
Kansas Common • 3 days | 82.25 | -2.25 | -2.66% | ||
|
Buena Vista • 3 days | 100.9 | -2.25 | -2.18% |
Offshore Drilling Is Coming Back With A Bang
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Oil Market Surplus Strengthens Case For New OPEC Output Cuts
In its latest monthly oil…
The World Is Scrambling For New Rare Earth Supplies
Countries are scrambling for new…
Energy
Oil Supply Disruptions in The Middle East Now Becoming Evident
The impacts of the disruptions in the Middle East are now starting to become evident as supplies no longer flow into the delivery pipelines that carry fuel from countries such…
The Failure of U.S. Politicians to Open electricity and Other Energy Markets
Over the last century, U.S. politicians have formulated policies favoring monopolies and their affiliates and friends, while picking winners and losers, often favoring higher-cost technologies, causing consumer and taxpayer rip-offs,…
High Oil Prices and Recessions
The idea that high oil prices cause recessions shouldn’t be any surprise those who have been following my writings, or those of Dave Murphy, or those of Jeff Rubin. Yesterday,…
Oil Price to Natural Gas Ratio Near Record Highs
Whenever the price of oil diverges from the price of natural gas, opportunities for profit emerge. With the price of natural gas remaining below $4 even as NYMEX crude is…
How Would the Economy be Affected by $100 Oil?
Oil has crossed the $100 threshold a couple times in the last day or so, but there’s still a lot of confusion over what that means. To be sure, predicting…
America’s Role in the Global Oil Market
It's pretty easy to sum up America's role in the global market for oil: We need it, they got it. Here are the numbers, via the U.S. Energy Information Administration…
Don’t Compare the Current Oil Situation to $140 Oil in 2008
There’s been too much cacophony about the Libya unrest. Rather than be beholden to the sensationalist financial media and just fear monger over Oil prices, it’s a better idea to…
Investors Jumping On-Board the Colombian Oil Bandwagon
Carlos Slim announced in early February that he would increase his investments in Colombia, particularly in the oil sector. This week he backed up his statement by having his Grupo…
Another Massive Natural Gas Resource Becomes Available
There is a huge reserve of natural gas already discovered, waiting for use and distributed worldwide. The reserves are simply natural gas that is naturally formed with other gases, mostly…
Forget Libya, The Smart Money is Eyeing Developments in Saudi Arabia
The smart money has their eyes on Saudi Arabia. Will the protests there turn ugly?All the drama seen on the streets, from the unnecessary deaths to Muammar Gadhafi’s rhetoric…
Clean Energy Commodities: The Answer to Middle Eastern Oil
Many of the great declines in the stock market over the past 30 years have been related to oil (United States Oil (USO)). This week we have seen the major…
Libya's Role in World Oil Production, Past and Future
Libya is a relatively new country, having declared independence in 1951. For the last 39 years, the country has been ruled by a single man, Colonel Muammar al-Gaddafi. Over the…
Nomura: $220 Oil Possible if Libya and Algeria Halt Oil Production
Forget the biggies. If just Algeria and Libya were forced to stop production, oil could rocket to $220.That's according to Nomura (via ZeroHedge): We have identified three distinct…
The True Cost of High Oil
Economists are furiously downsizing their economic growth forecasts for 2011 in the wake of the oil price spike, both for the US and for the world at large. Since last…
Why a Stable Libya is So Important to OPEC and World Oil Production
We keep hearing about unrest in the Middle East and Northern Africa, with Libya being the latest country to get top billing. Why all of the concern, especially related to…
Global Energy Briefs
Iran-Pakistan Pipeline Construction Suspended Though no reason has been given, Iran has announced that construction of the Iran-Pakistan natural gas pipeline has been suspended and will tentatively be resumed in…
Floating Crude and Shipping Rates Could Trigger $4 Gas
Is $4 Gas in the Next few Months a Foregone Conclusion For years there has been a large supply of crude floating on big oil tankers. A significant portion of…
Georgia to Have Russian Company Finance Sale of Shares in State-Owned Power Company
Despite their ever-sour relations and the recent short war they fought over the breakaway region of South Ossetia, Georgia is planning to have the majority Russian shareholder in its state-owned…
Historical Insights into the Dark Side of Coal
I have a special emotional relationship with Telemaco Signorini's painting "The Riverbank." The area shown in the panting has changed very little from the time when the painting was made…
Why are WTI and Brent Prices so Different?
We have all heard at least a partial explanation as to why West Texas Intermediate (WTI) and Brent prices are so far apart. We have been told that the Midwest…
