 |
Louisiana Light • 2 days | 89.15 | -0.01 | -0.01% | ||
|
Bonny Light • 20 hours | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% | ||
|
Mars US • 166 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.729 | -0.062 | -2.24% |
|
Bonny Light • 20 hours | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 20 hours | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% |
|
Peace Sour • 12 hours | 78.03 | -0.58 | -0.74% | ||
|
Light Sour Blend • 12 hours | 81.08 | -0.58 | -0.71% | ||
|
Syncrude Sweet Premium • 12 hours | 88.03 | -0.58 | -0.65% | ||
|
Central Alberta • 12 hours | 78.43 | -0.58 | -0.73% |
|
Eagle Ford • 2 days | 81.84 | -0.05 | -0.06% | ||
|
Oklahoma Sweet • 2 days | 81.75 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 6 days | 89.36 | +0.64 | +0.72% |
Breaking News:
Tesla to Lay Off Over 10% of Global Workforce
Tesla is laying off over…
Morgan Stanley Hikes Its Summer Oil Price Forecast to $94
Geopolitical tensions and tighter supply…
Natural Gas ETFs Among The Worst Performing Equities
Exchange-traded funds (ETFs) that track…
Energy
Mexico’s Oil Auction Snubbed Ahead of Hoped-for Privatization
Mexican state-run Pemex’s 11 July auction of six onshore oil leases in the Chicontepec Formation fell flat, with the three largest concessions receiving no bids despite early interest by more…
6 Key Oil & Gas Discoveries of 2013 – Who’s Worth Owning
The pace of oil and gas exploration is frightening, and discoveries are weekly, if not daily, with volumes investors would only have dreamt of a decade ago. With each new…
Oil Market Forecast & Review 19th July 2013
September Crude Oil futures reached a new high for the year this week, but there was very little follow-through. This is a good sign that conditions are overbought and that…
Ukraine: Unexpected Oil Find, Major Gas Interest
Bottom Line: We see a flurry of activity in Ukraine, with a $735 million Black Sea commitment by Exxon, an unexpected 100 million barrel oil find in the Poltava region…
Russia Prepares To Liberalize LNG Exports
Bottom Line: By January 2014, Russia may liberalize LNG exports currently monopolized by state-run Gazprom, in order to make room for expansion of LNG exports to the Asia-Pacific region.
This Week in Energy: $3 Gas Prices are a Thing of the Past
This quarter’s oil and gas M&A activity; rising US oil production and the disconnect at the pump; discovery of new oil field in Kuwait, and a few hints at what’s…
State Department Approves (Non-Keystone) Pipeline to Canada
The U.S. State Department approved on Wednesday a pipeline to Canada. However this was not the controversial Keystone XL pipeline that has been the subject of environmental and…
Waiting on Kenyan Oil, the Market Grows Impatient
It’s been well over a year now since London-listed Tullow Oil struck it big in Kenya, making the country’s first massive oil discovery that set the stage for Kenya to…
Australia – Next Petro Superstate?
Australia’s massive mineral exports allowed it to weather the global recession, which began in 2008, quite nicely.The U.S. government’s Energy Information Administration noted in its country’s analysis…
Will Central Asia Replace the Middle East as Prime Oil Source?
One of the prime reasons why the Middle East holds such importance to the West is partiality because it is the main supplier of oil and natural gas to countries…
Exxon Takes $735M Black Sea Plunge
Exxon Mobil Corp (XOM) is reportedly preparing to spend a whopping $735 million to drill two deep-water wells offshore Ukraine, in the Black Sea. The deal involves a…
Why are Oil Inventories Down if Production is Increasing and Demand is Falling?
The 20 Million Drawdown in a sluggish economyThe last two weeks oil inventories fell by a record 20 million barrels, this event has never happened in 30 years…
So About that $2 Gas …?
U.S. gasoline prices are expected to remain volatile for the month because of geopolitical fallout in the Middle East. Concerns over the global oil supply are fading away from the…
Is it Time to Stop Worrying about Peak Oil?
Demand for oil will reach its own peak and decline before humans deplete the Earth’s supply of oil, experts say.“Peak oil” prognosticators have painted pictures of everything from…
Oil and Gas M&As; Reached $25 Billion in Q2 2013
PLS Inc., a Houston-based research, transaction and advisory firm, in conjunction with its international partner, Derrick Petroleum Services, announced that global M&A oil and gas upstream deal activity for…
British North Sea Oil Decline Opens Window for Smaller Producers
British oil production from its offshore North Sea oil fields began in 1975, alongside Norway.The two countries pursued very different policies as regards investing the cash windfall –…
Brazil’s Hot Libra Auction: Worth the Price?
The 21 October pre-salt auction of the Libra field off Brazil’s Atlantic coast is one of the most hotly anticipated hydrocarbon concession issuances ever. The field, around well…
Oil May Determine South Sudan's Future
Oil exports from South Sudan are expected to gain steam in the coming months. The country last week celebrated its second anniversary as an independent country and only recently resumed…
10 Points to Consider in the NGV Debate
The perception of natural gas as a mainstream fuel for vehicles runs the gamut, dependent upon where you live: from the improbable…to the viable…to the everyday reality. So from recent…
Six Tech Advancements Changing the Fossil Fuels Game
Oil and gas is getting bigger, deeper, faster and more efficient, with new technology chipping away at “peak oil” concerns. While hydraulic fracturing has been the most visible revolutionary advancement,…
