 |
Louisiana Light • 5 days | 89.16 | +0.62 | +0.70% | ||
|
Bonny Light • 2 days | 91.29 | -2.25 | -2.41% | ||
|
Opec Basket • 2 days | 89.57 | -1.20 | -1.32% | ||
|
Mars US • 165 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 26 mins | 2.822 | +0.038 | +1.38% |
|
Bonny Light • 2 days | 91.29 | -2.25 | -2.41% | ||
|
Girassol • 2 days | 91.81 | -2.21 | -2.35% | ||
|
Opec Basket • 2 days | 89.57 | -1.20 | -1.32% |
|
Peace Sour • 12 hours | 78.61 | -0.25 | -0.32% | ||
|
Light Sour Blend • 12 hours | 81.66 | -0.25 | -0.31% | ||
|
Syncrude Sweet Premium • 12 hours | 88.61 | -0.25 | -0.28% | ||
|
Central Alberta • 12 hours | 79.01 | -0.25 | -0.32% |
|
Eagle Ford • 2 days | 81.89 | -0.25 | -0.30% | ||
|
Oklahoma Sweet • 2 days | 81.75 | -0.25 | -0.30% | ||
|
Kansas Common • 16 hours | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 5 days | 89.36 | +0.64 | +0.72% |
Breaking News:
Growing Coal Dependency Puts Central Asian Economies at Risk
A report by Global Energy…
Russia’s Crude Is Trading at $15 Above the Price Cap
Russia’s flagship crude grade is…
Uzbekistan's Natural Gas Crunch Squeezes State Coffers
Uzbekistan, once a gas exporter,…
Energy
Where Is Oil Heading? New Reports From IEA, OPEC, And EIA Provide Clues
The IEA, OPEC, and EIA released new monthly reports for August, offering the latest snapshot into the oil markets. The main takeaway in the IEA…
‘Net Energy’ Deficit Preventing Economic Growth
We all know generally how today’s economy works:Figure 1 Our economy is a networked system. I have illustrated it as being…
Energy Investors May Have A Long Wait Ahead
One of the great ironies of the oil crash has been the inability of economists and financial commentators everywhere to decide if the crash is
China Provides Another Threat To Oil Prices
First it was a stock market meltdown, now it’s a weakening currency. China continues to present significant risks to the oil market. On August 11, China…
Saudi Oil Strategy: Brilliant Or Suicide?
In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and…
Some Light At The End Of The Tunnel For Oil?
The EIA Short Term Energy Outlook (STEO) published today reports that world oil supply decreased 130,000 bpd and demand increased 380,000 bpd in July compared to…
Japan’s Nuclear Restart Could Spell Disaster For Commodities Markets
It has been several years in the making, but Japan is finally returning to nuclear power. Although Japan won’t turn its reactors back on en masse,…
The Oil Price: How Low Is Low?
With West Texas Intermediate (WTI) and Brent close to their January 2015 lows some readers are wondering how these lows compare with historic lows when…
Midweek Sector Update: Have We Reached A Bottom For Oil Prices?
Bouncing off of four-month lows, oil prices rose a bit on August 10, as WTI tried to climb back to $45 per barrel and Brent jumped above $50. The slight…
Chevron’s Mishap Highlights Risk of Deepwater Drilling
The Big Foot oil development deep in the Gulf of Mexico (GoM) was supposed to be a tangible sign that the area had moved back to…
Will A Possible Interest Rate Increase Hit Energy Markets?
Part of life is accepting your shortcomings, and trying to move beyond them. For example, I have had to come to terms with the fact I…
When Will Oil Prices Turn Around?
Look for some good news about oil prices this week…maybe. EIA releases its Short-Term Energy Outlook (STEO) on Tuesday (August 11) and IEA publishes its August…
Frack Now, Pay Later: A New Era In U.S. Oil?
With oil prices now dipping close to six-year lows, the energy sector is getting thumped across the board. The double-dip will likely cause fresh cuts…
Tesla Still Losing Thousands Of Dollars On Every Car Sold
Last week, following the latest abysmal (if only in GAAP terms) quarter for Tesla, we showed what we thought was without a doubt the most important…
Congress To Lift Oil Export Ban Next Month?
According to the CEOs of both Continental Resources (CLR) and Pioneer Resources (PXD), the ban on U.S. oil exports will most likely be lifted in September.…
Rail Companies Slammed By Oil Downturn
As coal shipments dry up and oil prices are falling to their lowest levels in months – and even flirting with fresh six-year lows – the…
Bullish Bets On Oil Go Sour
Prominent hedge fund manager Andy Hall got burned in July after oil prices crashed. Heading up Astenbeck Capital Management, Hall has made very large bets that…
The Price Of ‘C’ In China
Source: U.S. Department of Energy As the chart above indicates, since the end of World War II, the amount…
The Best Buys In Nanotech For Energy Investors
Investors have to be forward looking. It’s part and parcel of the process of deploying capital to try and forecast what opportunities make the most sense…
Tech Giants Opt For Renewables On Cost, Not Just Good PR
Recently Google announced plans to triple the amount of renewable energy that it purchases over the next decade. The announcement was interesting for two reasons…
