 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.708 | -0.006 | -0.21% |
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 2 days | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 5 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 5 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 5 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 5 hours | 75.70 | -0.05 | -0.07% |
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Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
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Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Breaking News:
What Does Renationalizing Thames Water Mean?
While pundits discuss the necessity…
Iran Adapts to Shifting Tides in South Caucasus
Iran is facing diplomatic challenges…
Hedge Funds Dump U.S. Energy Stocks to Buy Crude Options
Following a rally in energy…
Energy
Time To Trim Positions In E&P Stocks
Regular readers will be aware that I am not one for overly complex technical analysis. Sometimes, however, all markets do trade based on technicals. When an obvious and well followed…
Why Shell Isn’t Giving Up On The Arctic Just Yet
IntroductionAs summer approaches, Arctic sea ice will start to melt away. That will open up the region for oil and gas exploration. In American waters, Royal Dutch Shell…
Investors Should Sell Weakness For The Time Being
June Crude Oil futures rallied earlier this week, taking out the psychological $60.00 level in the process. The rally was triggered by a price hike by Saudi Arabia, a protest…
This Week In Energy: Is This As Far As The Rally Can Go?
Oil prices have surged to their highest levels to date this year, with Brent trading above $65 per barrel, and WTI close to $60 per barrel. The EIA reported…
Germany Getting In Early On This Major New Oil And Gas Opportunity
I've discussed before how one out-of-the-way nation is shaping up as a major petroleum opportunity. And this week we got confirmation that some important global players are moving to capitalize.
ISIS Still Hampering Iraqi Oil Industry Progress
The U.S. military is helping Iraqi forces pushback ISIS at a vital oil refinery.The Baiji refinery is located between Kirkuk and Mosul, and it has been the target…
Oil Price Recovery May Be Too Much Too Soon
Oil prices have hit their highest levels in 2015, with WTI surging above $60 per barrel. Crude oil inventories in the U.S. declined for the first time since December 2014,…
Britain Forces Russian Oil Tycoon Out Of North Sea
Russian billionaire Mikhail Fridman has decided to sell his new gas fields in the North Sea in the next six months rather than challenge Britain’s threat to revoke his license…
The “Upside Down” Peak Oil Story
The Wall Street Journal recently ran an article called, Glut of Capital and Labor Challenge Policy Makers: Global oversupply extends beyond commodities, elevating deflation risk. To me, this is…
Oil Sector May Not Cause Financial Apocalypse After All
Across the oil patch, banks are starting to close off their exposure to some of the riskiest oil drillers.A new monthly survey from the Federal Reserve finds…
Punitive Tax Regime Is Crushing Ukraine’s Oil And Gas Sector
Each country blessed with oil and gas discoveries initially tries to create a tax regime that maintains the balance between generating tax revenues from the extraction of these hydrocarbons while…
Is This The Top For Oil Prices For Now?
E&P earnings are coming in and the impression we’re left with is that natural gas investment in Marcellus is being reduced, while oil overall appears to be incrementally ramping up…
One Industry Cashing In Big On Cheap Oil
Low oil prices in recent months have led to boom times for the tanker industry.Oil and refined products (gasoline, diesel, jet fuel) are carried on special tankers called…
Shell’s Arctic Ambitions Held Up In Seattle
Shell’s ambitious plans to finally return to the Arctic face yet another hurdle, one that could delay drilling once again.Shell is using the port of Seattle as its…
David V. Goliath: Small-Cap Tech To Save Giant Coal
The Environmental Protection Agency’s (EPA) new mercury pollution regulations that took effect last month opened the flood gates for a new multi-billion-dollar energy industry that has investors scrambling to get…
A Potentially Massive Win For Fracking In Texas
Gov. Greg Abbot’s signature is all that’s needed to impose a ban on the ability of Texas’ cities to limit potentially harmful oil drilling practices, including hydraulic fracturing, in their…
Midweek Sector Update: The Worst May Well Be Behind Us
Oil prices are up, and could continue to see some strength coming from a very unlikely source: Eurozone growth. That’s not a typo. The European Union published a forecast on…
The Return Of Peak Oil – Worrying Signs From U.S. And Russia
Since around 2005 many countries have increased their oil production but more have decreased. But the combined production of the United States and Russia have kept the world on a…
Coal Markets May Just Have Been Thrown A Lifeline
There have been rumors the last few months. And last week we got confirmation of a major shift underway in one of the world's biggest bulk…
This Deal Could Completely Change North American Energy Dynamics
The United States is edging towards an historic agreement to swap crude oil with Mexico. The deal is important as it brings some relief to US producers struggling with a…
