 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 2 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 2 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 2 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
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Energy
3 Ways Oil Companies Can Survive Low Prices
Major oil and gas discoveries are at a 20-year low and depressed oil prices have already translated into smaller exploration budgets. That will diminish the chances of reversing this trend.
Why Is Oklahoma Now The Earthquake Capital Of The U.S?
With mounting evidence that the fracking industry is causing a dramatic rise in seismic activity in Oklahoma, a growing chorus is calling for a moratorium on the use of…
OPEC Output Up, U.S. Shale Down
The OPEC Monthly Oil Market Report is just out with crude only production numbers for all OPEC countries for April 2015.
Saudi Arabia Continues To Turn Screws On U.S. Shale
Saudi Arabia continues to ratchet up production, taking market share away from U.S. shale producers. According to OPEC’s latest monthly oil report, Saudi Arabia boosted…
Here Is Why Predictions For Lower Oil Prices Are Wrong
Once again, we wake up with markets reacting more to macro data versus fundamentals, Goldman Sachs reiterating its bearish call on oil and the
Alberta Election Result Changes Little For Oil Industry
Talk about getting kicked while you're down. The Alberta energy industry and all those who depend on it for their livelihoods woke up to a frightening…
Oil Market Update: $2.1 Billion Noble Deal Could Start A Trend In Shale Sector
The U.S. government conditionally approved Royal Dutch Shell’s (NYSE: RDS.A) Arctic drilling plan, a major victory for the Anglo-Dutch company. Although Shell still needs to receive a few more…
This Tiny Nation Could Have Huge Oil And Gas Potential
You won't hear anything about this nation today when it comes to petroleum exploration. But it's a place that might become a key story for oil and gas projects soon.
Oil Rigs Down Almost Universally
All rig count data is provided by Baker Hughes. All monthly charts are oil rigs only. Gas rigs are not included in the count. The last data point for…
Did Low Oil Prices Actually Hurt U.S. Economy?
Low oil prices have provided a windfall to consumers around the world. In the United States, the second largest importer of crude (which was recently overtaken by China),…
Which Nation Just Became The World's Top Crude Importer?
The item in question: a new report showing that China just became the world's top oil importer.According to the Financial Times, Chinese trade data revealed that crude imports…
Oil Markets Have Little To Fear From Iran For Now
After Iran and the P5+1 group of international mediators signed the framework for an interim agreement in Lausanne, there was a surge in reports from the international media, predicting a…
How Much Longer Can The Oil Age Last?
History has been so fascinated with oil and its price movements that it is indeed hard to imagine our future without oil. Over the last few months, we have witnessed…
Petronas Hoping To Buy First Nations Tribes’ Support For $1 Billion
Petronas is willing to pony up nearly $1 billion to secure the support of First Nations tribes in western Canada for its natural gas export project. The Malaysian state-owned oil…
EU Energy Union May Already Be Proving Its Worth
If the goal of the EU’s Energy Union is to promote interconnectedness and stimulate competition, it may already be working with a project on its southeastern periphery.Albania has…
How China Could Hold The Oil Markets To Ransom
There is a tendency to think that the cost of oil is, by and large, a Middle East thing. When investors playing the stock market are chewing their nails over…
Trashing The Shale Business Model
This Einhorn thing has me a bit spooked, no doubt about it. At the Sohn conference, the master of the Greenlight hedge fund trashed the business…
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…
