 |
Louisiana Light • 1 day | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.718 | +0.004 | +0.15% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 55 mins | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 55 mins | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 55 mins | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 55 mins | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 1 day | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Iran Adapts to Shifting Tides in South Caucasus
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Record Surge in Global Coal Capacity Led by China
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Energy
Another 5,000 Victims Of The Plunge In Oil Prices
Yet another energy company is struggling to save money in the face of unexpectedly low oil prices. Weatherford International, one of the world’s largest oilfield services company, will cut 9…
This Week In Energy: Is Oil Back?
Oil Prices are flirting with a rebound, poised to jump the most in four years for the week ending on February 6. The markets do not know what to…
Oil Prices Most Volatile Since 2009
The nearly 20 percent rally in oil prices over the past week raised hopes in the oil industry that the financial bloodshed might be over.…
Why Oil Won’t Go Below $40
When I made my energy predictions for 2015, I made some very aggressive predictions. Perhaps the most aggressive was that the closing price of West…
How The Economy Is Tied To Energy – Part 2
In Part 1 of this series, I talked about why cheap fuels act to create economic growth. In this post, we will look at some…
EIA Making Strange Predictions
The EIA, in their INTERNATIONAL ENERGY OUTLOOK 2014 publishes what they call “World crude and lease condensate production by region and country, 2009-2040, (Table A5).…
Oil’s Survival Of The Fittest: Interview With Stan Szary
With crude oil prices collapsing and small American oil producers faced with grim choices for survival, the Darwinian nature of commodity market cycles rears its head,…
Clock Runs Out On Clean Coal
Clean coal is dead. While the notion of coal being a source of “clean” was a bit oxymoronic to begin with, the Obama administration perhaps put…
U.S. Supply Growth To Halt This Summer
Everyone knows it by now but the growth in domestic US oil production has been truly astonishing. Spurred on by high oil prices and easy credit,…
Gazprom Confident In European Future Despite ‘New Cold War’
As oil companies fret over meager quarterly earnings because of the low price of oil, Russia’s gas monopoly, the government-controlled Gazprom, says it will be increasing…
When Conspiracy Theory Becomes Fact
While the markets are still debating whether the price of oil is more impacted by the excess pumping of crude here, or the lack of demand…
Obama’s New Budget Does Stricken Oil And Gas Industries No Favors
President Barack Obama’s 2016 budget proposal is out; enjoy it while it lasts. The budget proposal features a significant boost in federal spending for green-energy…
Rise Of The Vulture Investing Class
The oil markets are showing some life, having rallied 11 percent over a two-day period. But if a bigger rebound is not around the corner,…
Essential Oil Production Statistics – February 2015
This is the second in a monthly series of posts chronicling the action in the global oil market in 12 key charts. The January 2015 post…
Too Little, Too Late For Venezuela?
Rapidly declining world oil prices, a lack of basic goods in supermarkets, insecurity, and a more united opposition look set to make 2015 the most difficult year yet for…
Oil Majors’ Profits Take A Beating
The first quarterly earnings reports since the collapse of oil prices are in and the numbers show a significant deterioration in profits for the oil majors.…
Strikes The Latest Threat Facing US Oil Industry
Workers are on strike at nine oil refineries and chemical plants around the United States in the largest such job action in 35 years. Members of…
Bad News For World Economy That No One Wants To Hear
Reading the general run of financial headlines might lead one to believe that price declines in those commodities which are highly sensitive to economic conditions such…
Why Peak Oil Is Finally Here
In this life nothing is certain. Therefore I am not declaring, absolutely, that we are at peak oil, only that it is a near certainty. But…
Arctic Oil On Life Support
Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last…
