 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.742 | +0.007 | +0.27% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 4 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 4 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 4 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 4 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
U.S. Drilling Activity Continues to Drop Off
The total number of active…
Standard Chartered Says Peak Oil Demand Is Not Imminent
Standard Chartered has predicted global…
Reuters Estimates: Russian Oil and Gas Revenue to Double in April
Higher oil prices are expected…
Energy
What’s Really At Stake With The Iran Nuclear Deal
Recently, I wrote on these pages that a remarkable turnaround was taking place in the President’s fortunes. It’s an impressive display of rising from the…
Russia’s Natural Gas Plans May Be Little More Than Hype
Russia has publicly touted an array of natural gas export projects over the past year, a web of pipelines that would connect Russian gas to some…
Is Portable Energy Tech Finally Worthy Of Investment?
The portable energy options market has been one of the most disappointing areas of the green tech space. Millions of dollars have been poured into the…
BP Refinery Outage Could Push Down Oil Prices
The outlook for Canada’s oil sands is pretty grim, but it just got hit with an unexpected blow. An outage at a Midwest refinery could lead…
This Key Natural Gas Announcement Is Coming "Any Day"
A couple of critical data points are about to drop on the energy market, based on reports this week. The most immediate is in the natural…
Canadian Oil Benchmark Falls Off A Cliff
Third time is a charm as China has reset its currency peg for a third day on the trot. The law of diminishing returns means markets…
Better Times Ahead For Oil, If You Can Believe It
Things will get better because they can’t get worse. We’re at or near the bottom. Better times ahead.But you’d never know that based on oil prices or the…
Who Is Leading The Charge In Energy Storage?
The energy storage market has become the most critical aspect for renewables such as solar and wind power as it could solve the major issue of…
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…
