 |
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 • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.737 | +0.003 | +0.11% |
|
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 • 2 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 2 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 2 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 2 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. Oil and Gas Boom Poses Challenge to Climate Goals
Despite renewable energy efforts, the…
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Oil Exports or Carbon Credits: The Global South’s Dilemma
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Energy
Why The Stock Market Likes Cheap Oil
To listen to the talking heads on TV over the last few months you would think that there is a direct positive correlation between oil prices…
Buffet Dumps Exxon Amid Price Slump
Investment guru Warren Buffett got rid of his entire $3.7 billion holding in Exxon Mobil Corp. in the fourth quarter of 2014, evidently influenced by the…
Could Venezuela Become World’s Next Energy Giant?
How can Venezuela use its vast oil reserves to enhance its economic security and become a major player in global energy markets? Samir Tata thinks that…
Latest EIA Report Confirms What We Already Suspected
The EIA just released their International Energy Statistics with world production numbers through October 2014. There were no big surprises in this report.
EIA Inventory Announcement Scuppers Oil Rally Hopes
Between European uncertainty and last night's massive API inventory build (14.3mm barrels), Brent and WTI crude was sliding into today's inventory data - well off the…
OPEC Production Cut May Not Be Needed After All
U.S. tight oil production may fall 600,000 barrels per day by June 2015 based on reasonable projections of current rig counts. I compared the decrease in…
Could Germany Become The Next Shale Hotspot?
Nuclear power is out in Germany, but could shale gas soon be included in the historic German energiewende? The German government has taken bold steps to…
US Oil Production Could Provide A Few Surprises
The current US oil market is in the midst of a slugfest reminiscent of a Rocky fight, as competing…
Why Oil Prices Must Go Up
It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major…
What On Earth Are We Doing Looking For Oil In The Arctic?
Shell is back in; Statoil is pensive, but eager; and Russia is pushing ahead. Low prices have stunted exploration, but the Arctic is still…
Will Texas Survive The Downturn?
Here are some staggering statistics: Texas alone produces about 20-percent of all oil and gas in the United States. The sum-total of Lone Star oil and…
Surprising Production Numbers From North Dakota
The North Dakota Industrial Commission has released the Bakken and North Dakota monthly production numbers for December 2014. There was a bit of a surprise…
Libya Oil Output Plunges Amid Heightened Violence
Libya’s oil fields and infrastructure have come under attack multiple times over much of the last two years, but events have recently taken a turn for…
How Obama Could Turn The Keystone Debate To His Advantage
If you listen to the arguments for and against the Keystone Pipeline, you’re likely to come away thinking that either this pipeline is America’s greatest blessing or the world's greatest…
Oil Price Crash – What Next?
In the fast moving oil market much of the fundamental data only becomes available for general consumption at least one month in arrears. But EIA…
Oil Limits Could Undermine Our Entire Economic System
Many readers have asked me to explain debt. They also wonder, “Why can’t we just cancel debt and start over?” if we are reaching oil limits,…
Things Are Starting To Get Fun Again
I was feeling so lonely these past weeks. All alone trying to assess the oil markets, with their wild volatility. Then, suddenly, seemingly every investment bank…
Why My View On TSLA Has Changed
In an internet comments section I was once berated by a reader for not following what they described as the number one rule of trading, that…
Oil In Global South Under The Gun
Oil and gas companies are paring back investments and slashing jobs, which is taking an enormous toll on oil-producing regions, particularly in North America. But it…
Prepare For Volatile Oil Markets As Technical And Fundamental Traders Clash
Crude Oil Outlook April Crude Oil showed strong resilience over the last two weeks, but both moves were related to technical factors. The fundamentals remain bearish,…
