 |
Louisiana Light • 5 days | 73.53 | -2.49 | -3.28% | ||
|
Bonny Light • 4 days | 76.08 | +0.77 | +1.02% | ||
|
Opec Basket • 5 days | 76.94 | -0.55 | -0.71% | ||
|
Mars US • 3 days | 71.47 | +0.84 | +1.19% | ||
|
Gasoline • 23 mins | 2.705 | +0.002 | +0.06% |
|
Bonny Light • 4 days | 76.08 | +0.77 | +1.02% | ||
|
Girassol • 4 days | 78.05 | +0.70 | +0.90% | ||
|
Opec Basket • 5 days | 76.94 | -0.55 | -0.71% |
|
Peace Sour • 17 hours | 66.92 | +0.84 | +1.27% | ||
|
Light Sour Blend • 17 hours | 68.22 | +0.84 | +1.25% | ||
|
Syncrude Sweet Premium • 17 hours | 77.17 | +0.84 | +1.10% | ||
|
Central Alberta • 17 hours | 66.52 | +0.84 | +1.28% |
|
Eagle Ford • 4 days | 69.15 | +0.84 | +1.23% | ||
|
Oklahoma Sweet • 4 days | 69.25 | +0.75 | +1.09% | ||
|
Kansas Common • 4 days | 63.00 | +1.00 | +1.61% | ||
|
Buena Vista • 7 days | 76.15 | -1.09 | -1.41% |
Breaking News:
India Looks To Lock In Long-Term LNG Deals
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Energy
Oil Sands receive a big vote of confidence from Oil Major BP
News came yesterday that oil major BP is close to a deal in the Alberta oil sands. It appears that BP is the preferred bidder for a majority stake in…
More About Oil (Part 2): OPEC'S STRATEGY
The IEA has apparently calculated that OPEC earned 575 billion (U.S.) dollars in oil export revenues in 2009, a relatively depressed year, and might earn more than 700 billion this…
More About Oil (Part 1): A Preview of The New Decade
In 20 years I predict energy wars over oil and gas resources. By the time it becomes politically profitable to react to problems in the transport energy sector, it will…
China's Monetary Moves Undercut Crude Oil Rally
Oil Market Summary for 02/08/2010 – 02/12/2010. Crude oil prices took a dive on Friday after a week of gains from U.S. blizzards were undercut by another move in China…
New Invention Using Spent Nuclear Fuel Rods Could Unlock U.S. Oil Reserves Three Times Larger Than Saudi Arabia's
There's some incredible new oil extraction technology being investigated over at Nuclearhydrocarbons.com. Essentially, the U.S. has a lot of spent nuclear fuel (SNF) rods from…
Endless Oil: Prices NOT Peaks are the Issue
”Endless Oil” is the title of a piece in Business Week (Jan, 18, 2010). Its author is Stanley Reed, and it was interesting for me because I remember when Business…
Oil and Gas Industry Weathers Shifting Climate
Often the green movement’s whipping boy, the oil and gas sector has no chance of escaping the scourge of climate change, an issue that everyone from international leaders to even…
Are Official Estimates of Oil Reserves Correct? What Does this Mean for Oil Prices
Over the next year or two, you will likely find yourself paying a LOT more at the gas pump. Big changes are taking place in the oil industry . With…
Canada's Alluring Energy Supply Regaining it's Lustre Despite Continued Criticism
As the recession fades from the Canadian oil sands and projects delayed amid months of uncertainty score a second chance, criticism has still not simmered down over how these pockets…
The Value of Empty Space - Japan Secures Oil Supply
Here's an interesting one in the realm of oil security. As we've discussed, Japan is using a lot less oil these days. In the last year, Japanese consumption dropped 800,000…
Crude Oil Prices Fall Victim to China Syndrome
Oil Market roundup for 01/18/2010 – 01/22/2010. New measures by Chinese authorities to curb bank lending reversed a rally in energy prices early in the week, bringing West Texas Intermediate…
A Look at the Exploration Business and Mining Economics
We spend a lot of money looking for mines. Drilling, trenching, sampling, assaying, metallurgical testing, running geophysical surveys, taking soil geochemistry samples. All of these things are necessary to locate…
Oil Prices Fall as Winter Premium Melts Away
Oil Market roundup: 11/01/2010 to 15/01/2010. Crude oil futures fell for five straight sessions as warmer weather in the U.S. dispelled forecasts of unusually low temperatures and allowed concerns about…
Canada's Oil Sands, Tarnished Images and Dirty Commodities
“When you think of Canada, which qualities come to mind: the world's peacekeeper, the friendly nation, a liberal counterweight to the harsher pieties of its southern neighbour, decent, civilised, fair,…
A Disobliging Update on the Price of Oil
There still seems to be a deplorable uncertainty about the future price of the most important commodity in the world. A few months ago Philip Verleger – now apparently guest…
What Happens When the Wells Run Dry?
One nagging question that the industrial world has been asking itself since the discovery of the first oil well is what happens when the wells begin to run dry. The…
A Gas Company Revolutionizes Canadian Oil
The next big thing is here in the Canadian oil patch. I wrote a few weeks ago that a number of new Alberta and Saskatchewan petroleum plays are being poked…
Clean Coal - Not as Clean as We Thought
Is the term “clean coal” an oxymoron? That’s a hot question for politicians, the energy industry and environmentalists, alike. While the words seem intuitively clear, the meaning of the term,…
Petro Unfriendly California Changing it's Stance on Oil
The financial crisis changed the way people think. At least some people. In North America, the bursting of the housing bubble dispelled the myth you could get rich simply by…
Exxon's Built in Escape Hatch From the Shale Gas Game
ExxonMobil's buyout of XTO Energy was the story of December. It might be the story of 2009. But equally important are the details now emerging about the deal. Particularly the…
