 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 23 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 81.76 | +2.02 | +2.53% | ||
|
Gasoline • 7 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 23 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 23 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 14 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 14 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 14 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 14 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
China Tightens Hold on Iraq's Oil with Al-Faw Refinery Nearing Completion
China is finishing the Al-Faw…
Mysterious Iranian 'Spy' Ship Returns Home As Israel-Iran Conflict Worsens
A suspected Iranian spy ship…
U.S. Oil and Gas Boom Poses Challenge to Climate Goals
Despite renewable energy efforts, the…
Energy
Energy Optimists Belief in Abundant Oil is Harming Clean Energy Chances
Each morning when I release my cat from the basement where he sleeps, he rushes to the upstairs bathroom to drink water from a bowl placed there for him. He…
Energy Efficiency May Help Pay for Mortgages
Here’s some new impetus for those sitting on the fence over household energy efficiency: the risk of mortgage default is one-third lower for people with energy efficient homes, according to…
How will China React to Gazprom Prospecting in Vietnamese Waters?
It is hardly a secret that Beijing’s claims to nearly all of the South China Sea’s waters have elicited concern from Southeast Asian nations.Now Russia’s state-owned natural gas…
Statoil Eyes “Considerable” North Sea Discovery
Norway’s Statoil (STO) is sitting on a new discovery in the North Sea that could contain between 40 million and 150 million recoverable barrels of oil equivalent, the company said…
Natural Gas Struggles to Rise from the Ashes of it’s Last Bubble
Bubbles are a funny thing. Participants don’t see them. Outsiders shake their heads – until they themselves get sucked in. Central banks support or create them, but deny their existence.…
Saudi Arabia’s Diminishing Influence in the Oil Market
For three decades or so, Saudi Arabia has wielded considerable influence on the global oil market. The kingdom's status as the world's only "swing producer" has given it the unparalleled…
Peak Oil: An Issue of Economics not Geology
We have all heard the story about oil supply supposedly rising and falling for geological reasons. But what if the story is a little different from this–oil production rises and…
Shell vs. Kiobel: Green Light for Multinational Human Rights Abuses
In Kiobel vs. Royal Dutch Petroleum, the US Supreme Court has ruled that Nigerian nationals do not have the right to sue the oil company for alleged rights abuses overseas,…
BP’s Predictions for Energy Production in the Future
So I suspect I should apologize. Here I am talking about the future projections for energy production that have been made by companies such as ExxonMobil and Shell,…
Why the Rush to Return to the Gulf of Mexico?
British energy company BP announced that its mega Mad Dog project in the Gulf of Mexico wasn't necessarily as attractive as once thought. Oil companies like BP are looking to…
FMC Technologies Takes Subsea Market by Storm
Shares in FMC Technologies (FTI) hit a 52-week high on 10 April, closing at $55.27 as it secured new contracts for subsea equipment and services with Norway’s Statoil (STO), Brazil’s…
Peak Oil Price: The Latest Industry Worry
There have been many calls on peak oil – the tipping point at which global production reaches a peak – and, due to dwindling reserves, production declines, even if demand…
Energy Conservation: The Only Way to Avoid Economic and Ecological Ruin
Energy conservation is our best strategy for pre-adapting to an inevitably energy-constrained future. And it may be our only real option for averting economic, social, and ecological ruin. The world…
GE Oil & Gas: Ambitious Diversity that Pays Off
Ambitious acquisitions and a diversity that should have any investor hot and bothered: This is General Electric, and what we’re really eyeing here is the company’s oil and gas segment,…
A Global Carbon Market? We’re Not Confident
If you had asked me yesterday, I would have said we are on the verge of a global carbon market that was shaping up to look quite attractive. Ask me…
Oil Market Forecast & Review 19th April 2013
Last week’s technical report suggested that June crude oil was poised for a volatile move because of the triangle chart pattern formation it had formed. Although the chart pattern indicated…
ISRAEL: Tax Issues Cause for Concern After Tamar Gas Starts Pumping
Bottom Line: Riding high on its massive Levant Basin discoveries and with the first gas coming online from one of these supergiant fields, Israel is considering raising taxes on its…
SYRIA: Theory for a Possible End Game
Bottom Line: In the end, geopolitics is always about natural resources, and almost always about fossil fuels specifically. Following this logic, the end game in Syria could very well be…
US: Fracking Regulations for Federal Lands?
Bottom Line: US Interior Secretary Ken Salazar is talking about a proposal to regulate oil and gas fracking on public lands, and while we haven’t seen a draft of this…
Chinese Companies Forbidden from Investing in Oil Sands, but Other Projects OK’d
Canadian Trade Minister Ed Fast, visiting Beijing, has officially confirmed that Ottawa will welcome further continued investment from Chinese energy companies. "Chinese investors looking for stability, innovation, low taxes and…
