 |
Louisiana Light • 4 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 185 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.581 | +0.026 | +1.01% |
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 3 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 7 hours | 71.31 | -0.84 | -1.16% | ||
|
Light Sour Blend • 7 hours | 74.36 | -0.84 | -1.12% | ||
|
Syncrude Sweet Premium • 7 hours | 81.31 | -0.84 | -1.02% | ||
|
Central Alberta • 7 hours | 71.71 | -0.84 | -1.16% |
|
Eagle Ford • 4 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 4 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 6 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 7 days | 87.60 | -1.22 | -1.37% |
Texas Deepwater Oil Export Projects Stall
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Energy
New Commodity Trading Rules Good for Big Oil
The move by banking and securities regulators to ban proprietary trading at financial institutions could put an end to Wall Street’s dominance in the commodity hedging game, giving greater…
UK to Launch Fracking Bonanza
The British government is preparing to offer up fracking licenses across some two-thirds of the UK’s entire territory for shale oil and gas exploration by next summer as London eyes…
US to Become Less Dependent on Foreign Oil -- be Careful What you Wish for
The US Energy Information Administration released on Tuesday an early version of its Annual Energy Outlook for 2014. The main item being that the United States will continue to develop…
Japanese Optimistic on Putin’s Intentions to Develop Siberia
The Obama administration earlier this year made a great show about its intention to “pivot” U.S. economic and military interests towards Asia.Now the Russian Federation appears to be…
Pennsylvania Races to Top of Gas State Rankings
By then end of this year, Pennsylvania may be the second-biggest gas-producing US state, behind Texas, as production at the Marcellus Shale soars, according to a new report from the…
How Low Oil Prices could Cause the Death of Oil
There is a lot of confusion about which limit we are reaching with respect to oil supply. There seems to be a huge amount of “reserves,” and oil production seems…
Smart U.S. Oil Money is on Rail
U.S. oil production is breaking records standing for more than 20 years. With the International Energy Agency suggesting the boom won't last, smart investors will get behind rail as the…
Chinese Coal Demand Slows Putting Coal Producers at Risk
China’s determined efforts to reduce coal consumption will slow the growth of global coal demand over the next five years, according to a new report from the International Energy…
Putin Agrees Deal with Yanukovych to Provide Loans and Cheap Natural Gas
Russia has promised Ukraine $15 billion in loans and cheaper natural gas amid ongoing protests in Kyiv calling for closer ties with the European Union rather than Moscow.
Why California will Never Fulfill its Shale Potential
There was an important study released by the Post Carbon Institute last week that gives us an insight into how long our great shale oil bonanza —or more likely, bubble—…
Energy Secretary Signals Support for Revisiting U.S. Crude Export Ban
U.S. Energy Secretary Ernest Moniz, speaking to the Platts Global Energy Outlook Forum in New York on Thursday, said that it might be time for the U.S. to reconsider its…
Canadian Arctic Port Presses Forward on Oil Exports
Global warming has revived hopes amongst nations with Arctic coastline that thawing can lead to the development of previously unavailable hydrocarbon resources. In Canada, U.S. rail company OmniTRAX…
Japan Passes Energy Sector Reform in Wake of Fukushima
The Fukushima nuclear crisis certainly had profound implications for Japan. In November 2013, Japan’s lower house and upper house successively passed legislation to start electricity sector reform in 2015.…
What Does Shell’s Decision to Cancel GTL Plant Say about US Shale Gas Boom?
When civil rights advocates grew restless because of President Richard Nixon's right-wing rhetoric on the issue of desegregation, then-Attorney General John Mitchell told them, ''Watch what we do, not…
Texas 2014 Oil Output to Surpass Some OPEC Members
Texas oil production is surging, and estimates for 2014 predict that output of more than 2.7 million barrels per day will push the Lone Star State’s production above OPEC members…
Three Issues you Might have Missed about Energy Reform in Mexico
On December 7 Mexico’s Congress formally introduced legislation aimed at a major overhaul of the nation’s energy sector. At the core of the measures are amendments to the Mexican Constitution.…
Who is to Blame if the US doesn’t Achieve Energy Independence?
Will anyone who is currently predicting U.S. energy independence be punished if the story turns out to be wrong? I ask because the story--and that's all it is right…
3 Never-Seen Events That Mean Big Changes For Oil Investing
This past month saw not one, but three first-ever happenings in crude oil markets. Oil is moving to places it never did before. With new alliances between buyers…
Peru at a Hydrocarbons Crossroads
Analysts searching for leading indicators of Peru's political direction need look no further than the country's oil sector. Recent events have demonstrated that, like many of its neighbors, Peru is…
This Week in Energy: Modernizing Mexico’s Energy Sector
Much ado about opening Mexico’s energy sector to Private investment, and a flurry of activity around Iran’s post-Geneva energy sectorThis week, the Mexican Senate granted its general approval…
