 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 23 hours | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 16 mins | 2.579 | +0.002 | +0.07% |
|
Bonny Light • 23 hours | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 23 hours | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 22 hours | 75.13 | -0.70 | -0.92% | ||
|
Light Sour Blend • 22 hours | 78.18 | -0.70 | -0.89% | ||
|
Syncrude Sweet Premium • 22 hours | 85.13 | -0.70 | -0.82% | ||
|
Central Alberta • 22 hours | 75.53 | -0.70 | -0.92% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Saudi Aramco Seeks Investment Opportunities in New Energies Abroad
The world's largest oil producer…
3 Oil & Gas Stocks Most Sensitive To Oil Price Swings
Apache, Marathon Oil Corp. and…
Will Big Oil See Better Earnings In Q2?
The energy sector has underperformed…
Energy
TransCanada Might Rethink Potential Keystone Launch Date
TransCanada Corp. (TRP) was hoping to launch Keystone XL during the second half of 2015, but the company is now conceding that this will be challenging given the pace of…
Future Energy Production Threatened by Water Shortages
When we flip on a light, we rarely think about water. But electricity generation is the biggest user of water in the United States. Thermoelectric power plants alone use more…
Tesla’s Hyperloop: The Fifth Mode of Transportation
Next month, Tesla Motors Inc. (TSLA) Elon Musk plans to unveil his design for the Hyperloop, a sort of superfast tube that will shuttle back and forth between Los Angeles…
What Shale Oil and Gas Can Learn from Nuclear
The Arab oil embargo, imposed on the United States 40 years ago this fall, brought the instant chaos of gas lines, dire predictions and a new concentration of political minds…
Will the Nabucco Pipeline be Able to Make a Comeback?
Just like the protagonist in the eponymous opera, the Nabucco pipeline, the one-time leading option for carrying natural gas from Azerbaijan to Europe, has been outmaneuvered and knocked from its…
Oil Production Aside, Middle East still Matters
Labor demonstrations in eastern Libya have forced the closure of a key port for nearly a week. A small band of protesters have created big problems for the country as…
Why Big Oil is Shifting Away from the Gulf of Mexico
A BP official who led the company before the 2010 incident in the Gulf of Mexico marked his return to the region in a $3.75 billion deal with Houston-based Apache.…
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…
