 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 21 hours | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 5 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 21 hours | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 21 hours | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 20 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 20 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 20 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 20 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Small Banks Significantly Boost Loans to Oil And Gas Firms
Regional banks BOK Financial, Citizens…
Zombie Fires Pose Looming Threat to Canada’s Oil and Gas Infrastructure
Canada faces an escalating threat…
Will Namibia Become OPEC’s Newest Member?
Namibia wants to join OPEC…
Energy
South Korea Joins Japan in Oil Payments to Iran
The government of South Korea is preparing to issue a payment to Iran for crude imports as limited relief from sanctions in line with a six-month deal over Iran’s…
French ‘Warned’ As Total Eyes Iranian Oil Deals
French oil giant Total SA continues to prop up Iranian oil and gas prospects, promising that Tehran will unveil a new contracting regime that will be “more sexy than before,”…
Keystone XL’s Miniscule CO2 Impact and the Bigger Picture
A Disproportionate ResponseI had intended to write an article today outlining some potential solutions to the Midwest’s ethanol predicament, but some recent exchanges on Twitter prompted me…
DOE Approves Sixth LNG Export Terminal
On February 11 the U.S. government gave a green light to Sempra Energy’s LNG export terminal in Louisiana. The approval is the sixth over the last year. Sempra’s Cameron project…
Egypt’s Precarious Energy Position
Egypt faces a serious energy crunch in securing the required petroleum and natural gas imports to meet expected summer requirements, Egyptian Oil Minister Sherif Ismail told Reuters on Monday.…
Game Heats Up for Israeli Gas Exports
As Israel debates whether to eventually export its newfound gas largesse via pipeline or in the form of liquefied natural gas (LNG), Australian LNG experts Woodside Energy raise their stakes…
Forget North Dakota, Texas is No. 1 for Oil
Advances in drilling technology are expected to help North Dakota hit the 1 million barrel per day mark at some point this year. But it's Texas that still holds the…
SEC Lashes Out at Wolves of Wall Street
The US Securities and Exchange Commission (SEC) has suspended 255 shell companies from trading from 3 February through 14 February to prevent “pump and dump” fraud, and stocks will not…
Russia’s Rosneft to Build Arctic Seagoing Vessels
Russia’s state-owned oil firm Rosneft is to build two shipyard facilities to construct vessels and platforms for its push to exploit Russia’s Arctic regions, according to Deputy Prime Minister Dmitri…
Creating Liquid Fuel from Old Plastic Bags
Researchers have developed a low-temperature process converting plastic waste into liquid fuel as a way to re-use discarded plastic bags and other products. The most common waste we all…
Why the World Should Brace for a Future U.S. Oil Embargo
U.S. policymakers are divided over what to do with the glut of domestic oil. Both sides of the debate craft their rhetoric around economic issues, though a report from a…
Alaska’s Largest Refinery to Close Down
Alaska’s largest refinery by capacity may shut down operations permanently beginning in May this year, citing the massive costs associated with clean-up. The North Pole refinery, operated by…
Oil Drilling Disappointment for Anadarko off New Zealand
Score one for the dozens of blue whales placidly munching plankton off New Zealand’s South Taranaki Bight.On 4 February Texas-based company Anadarko abandoned an exploratory well off…
This Week in Energy: Jumping the Gun on US Crude Exports to Europe
Before we get started on this weeks letter – we ask you to take a look at our revamped presentation which looks at 5 trends set to change…
As Drought Hits, Fracking Poses Threat to Water Supply
A new report finds that hydraulic fracturing is posing a growing risk to water supplies in several regions around the country. Only, instead of groundwater contamination that so often…
Consumers Paying More as Nat Gas Cash Prices Spike
As natural gas prices climb, reaching over $5/mcf again on 4 February, and with an unseasonably cold winter, local utilities say that natural gas customers’ bills are 30-40% higher now…
Texas Regulator Sends Warning to Drillers About Gas Flaring
Texas Railroad Commissioner Christi Craddick sent letters to oil and gas drillers to warn them about running afoul of the state’s rules on flaring natural gas. Gas flaring is the…
Pipelines Answer to U.S. Midstream Bottlenecks
New York Gov. Andrew Cuomo said in an executive order calling for more oversight on rail transit of crude oil that it's "historically safer" than road transport. With more oil…
Former Chesapeake CEO McClendon Stages Comeback
Former Chesapeake Energy Corp. CEO Aubrey McClendon has reportedly raised as much as $500 million for his new venture, American Energy Partners LP, and is ramping up purchases with an…
Coal Industry in Structural Decline
Arch Coal (NYSE: ACI) reported a big loss for the fourth quarter of 2013, its eighth straight. The numbers came in lower than many analysts expected and the company…
