 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 2 days | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.761 | +0.027 | +0.99% |
|
Bonny Light • 2 days | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 2 days | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 13 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 13 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 13 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 13 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 3 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 4 days | 87.02 | -0.29 | -0.33% |
Oil Price Volatility Soars Amid Geopolitical Uncertainty
Oil price volatility has climbed…
Growing Coal Dependency Puts Central Asian Economies at Risk
A report by Global Energy…
Institutional Investors Double Down On Oil Despite Divestment Pledges
A new study reveals that…
Energy
Russian Stimulus Plan ‘Just Talk’
Russia is ready to institute a $35 billion “anti-crisis” stimulus plan intended to rescue an economy crippled by plummeting oil prices and Western sanctions by increasing…
Can Saudi Arabia Diversify Away From Oil?
The Saudi government hopes new special economic zones can spur foreign investment and lessen the Kingdom’s reliance on oil. Regulatory reforms are needed, however, to convince…
Future Of $14 Billion GTL Plant In Louisiana Uncertain
Yet another large energy company has shifted its focus from capital spending to savings because of the increasingly low price of oil. Sasol Ltd. of South Africa is reassessing its…
Russia And China’s Growing Energy Relationship
Russia’s economic freefall and isolation from the West has made it increasingly eager to build its relationship with China, even at the cost of lost leverage with Beijing. But new…
Drug Cartels Threaten Mexican Energy Future More Than Oil Prices
As the oil and gas industry deals with a very unfavorable international market environment, Mexico’s current government can no longer ignore the risks posed by the country’s challenging security scenario.…
Electric Utilities Face A Disruptive Future
Cheap gas and oil aren't the only forces disrupting the U.S. electric system. Solar is already wreaking havoc, and large-scale batteries are looming. What Uber and Lyft have done to…
Bearishness Continues Among Oil Industry Experts
The business world is full of sometimes conflicting theories about what caused the plunge in oil prices during the past seven months, and how low that price will go. But…
How The Economy Is Tied To Energy
How does the economy really work? In my view, there are many erroneous theories in published literature. I have been investigating this topic and have come to the conclusion that…
U.S. Crude Inventories Reach Highest Levels Since 1982
EIA Inventory build was double expectations at 8.87 million barrels...With Total Crude Supply at its highest since at least 1982...
Increasing Demand For Refined Products Will Increase Oil Prices
In last week’s article I posted a chart from the International Energy Agency’s recent Oil Market Report that shows global demand for refined products catching up to supply by the…
OPEC Chief Claims Oil Will Rebound Higher Than In 2008
OPEC’s secretary-general says the 7-month-old plunge in oil prices finally may have bottomed out and may be ready to rise again. In fact, Abdullah al-Badri hypothesized that a decision by…
New England Growing More Dependent On Natural Gas
New England may avoid a spike in natural gas prices this winter, but the region is becoming increasingly dependent on the fuel, ensuring that price spikes in future years are…
Russian Gas Provides Lifeline To Chinese Expansion
The shale gas game began to cool in China after the latest plunge in oil prices. However, thanks to the recently concluded…
Did Saudi Arabia Just Flinch?
As has become the norm, oil markets reacted suddenly to comments by OPEC’s secretary general regarding the possibility of oil reaching $200 a barrel should investment die off due to…
Goldman Sachs Busts Myth Of Impending Russian Oil Collapse
Yesterday's Russian downgrade pulled yet another raft of "smartest people in the room" to tell investors how screwed Russia is by low oil prices (and yet the US Shale industry…
U.S. Shale Boom May Come To Abrupt End
U.S tight oil production from shale plays will fall more quickly than most assume. Why? High decline rates from shale reservoirs is given. The more interesting reasons are the compounding…
The Cure For Low Oil Prices Is Low Oil Prices
Over the course of 2014 the prices the world paid for crude oil tumbled from over $125 per barrel to around $45 per barrel now, and could easily drop further…
U.S. Pushes Energy Exports to Undermine Venezuela
The United States is seeking to dislodge Venezuela’s energy influence in the Caribbean, capitalizing on the collapse in oil prices. Vice President Joe Biden hosted the first ever Caribbean…
Lies And Deception In Ukraine’s Energy Sector
The Ukrainian government has repeatedly claimed it is doing its best to improve the oil and gas investment climate, but official statements are the opposite of the reality, as Prime…
Why The World Needs Both Shale And Tar Sands
What the current oil price slump means for world oil supply is starting to emerge. "Layoffs," "cutbacks," "delays," and "cancellations" are words one sees in headlines concerning the oil industry…
