 |
Louisiana Light • 4 days | 91.40 | +0.24 | +0.26% | ||
|
Bonny Light • 1 day | 94.55 | -1.05 | -1.10% | ||
|
Opec Basket • 4 days | 95.73 | +0.72 | +0.76% | ||
|
Mars US • 9 hours | 88.38 | -0.35 | -0.39% | ||
|
Gasoline • 12 mins | 2.518 | -0.026 | -1.03% |
|
Bonny Light • 1 day | 94.55 | -1.05 | -1.10% | ||
|
Girassol • 1 day | 95.92 | -0.63 | -0.65% | ||
|
Opec Basket • 4 days | 95.73 | +0.72 | +0.76% |
|
Peace Sour • 40 mins | 84.18 | -0.35 | -0.41% | ||
|
Light Sour Blend • 40 mins | 84.68 | -0.35 | -0.41% | ||
|
Syncrude Sweet Premium • 40 mins | 93.28 | -0.35 | -0.37% | ||
|
Central Alberta • 40 mins | 84.18 | -0.35 | -0.41% |
|
Eagle Ford • 4 days | 86.51 | +0.40 | +0.46% | ||
|
Oklahoma Sweet • 4 days | 86.50 | +0.50 | +0.58% | ||
|
Kansas Common • 4 days | 80.25 | +0.25 | +0.31% | ||
|
Buena Vista • 5 days | 95.08 | -0.15 | -0.16% |
Russia’s Oil Export Revenues To Rise This Year As It Evades The G7 Price Cap
Russia is set to see…
A Potentially Bearish Signal For Oil Markets
While bullish fundamentals have been…
Good Energy CEO: Price Cap Is Pushing Energy Bills Higher
Good Energy reported a significant…
Energy
A Rocky Road Ahead: The Problems with Plug-in Cars
Will plug-in cars be a success? If by success, we mean “sell lots of vehicles” the answer is probably “no” unless the price comes down a lot–say 50% from today’s…
Waking up to a Post-Growth Economy
During recent weeks, evidence has piled up that U.S. and European economies, far from recovering, are swirling back into recession. Failure of American politicians to address the federal debt crisis,…
Brent Versus WTI - Why so Wide
We set another record yesterday. This one has me scratching my head. The Brent WTI spread widened to $27.22. That’s never been seen before. There are some partial explanations for…
Russia's Transneft - Benign Monopoly or Extortionist?
By any yardstick’s Russia’s Transneft pipeline company is an impressive organization. Now ostensibly a Joint Stock Company, the Russian government owns 75 percent of its shares. Created in 1993 as…
Russia-Ukraine Honeymoon Over As Gas Dispute Deepens
It all started with great fanfare last year in the Ukrainian city of Kharkiv, where Ukraine's newly elected President Viktor Yanukovych and his cheerful-looking Russian counterpart, Dmitry Medvedev, signed a…
Energy Wars and a Rumor of Wars
I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil ? Alan Greenspan (2008) Alan Greenspan is not my favourite…
Eastern African Energy Riches Attract Interest
Energy deposits located in east African nations and their offshore coastlines are increasingly drawing foreign investor interest. Recent surveys have led analysts to estimate that Mozambique has over 6 trillion…
Russia Rejects Western Plan for Further Syrian Sanctions
The European Union intends to introduce an imminent embargo on the importation of Syrian oil in the next several days, a move that the Russian Federation strongly opposes. In the…
Barack Obama and Fossil Fuels: Reality Starting to Settle In
When Barack Obama was campaigning for president, I thought he displayed a “comic book” view of the energy industry: Lots of stereotypes of the good guys and the bad guys.…
Mounting Pressure on Assad as European Union Bans Syrian Oil Imports
The European Union (EU) bans oil imports from Syria in response to President Bashar Assad's civilian killings, costing Syria millions per day. Following the reported killing of 13 civilian protesters,…
Insurance Companies Admit to Being Unprepared for Climate Change
The vast majority of insurers are unprepared to handle climate risks even though they acknowledge the impact of climate change on extreme weather events, according to a report by investor…
An Update on My Oil Short
Will everyone please take a look at the chart below for the United States Oil Fund ETF (USO) and tell me if you don’t see a downtrend? Because if it…
Russian Aviation Jet Fuel Glass - Half-Empty or Half-Full?
An extraordinary situation has developed in Moscow at the capital’s three airports. Managers have suddenly discovered that their facilities are swiftly running out of aviation fuel, an extraordinary situation in…
World Motor Vehicle Count Over 1 Billion - What Does This Mean for Peak Oil
Last month Wards Auto published a story pointing out that the world's motor vehicle count was now over 1 billion. As could be expected, registered vehicles in China grew by…
Natural Gas Analysis for the Week of September 5, 2011
After spiking up to 4.13 after the release of last week’s inventory report and on speculation of a production shutdown because of a hurricane in the Gulf of Mexico, natural…
Crude Oil Analysis for the Week of September 5, 2011
Crude Oil futures fell on Friday after the U.S. released a dismal jobs report, but still managed to close slightly better for the week. The reaction by traders strongly suggests…
Shell to Invest $800 Million in Shale Gas Production in Ukraine
Ukrainian Energy Minister Yury Boyko told reporters that Royal Dutch Shell will invest $800 million in geological exploration and production of shale gas in eastern Ukraine. After signing the contract…
Shale Oil and Natural Gas Resources to be Developed in Argentina
Exxon Mobil Corp, the largest U.S. oil company, will spend up to $76.3 million to explore and develop shale oil and natural gas in Argentina’s Neuquén basin in collaboration with…
Unseemly Scrabble for Libya’s Post-Gaddafi Oil Assets Underway
While NATO members, led by France, piously proclaimed at the onset of their military offensive in Libya that their concerns were solely humanitarian, a covert tussle to gain a commanding…
DOD Releases Energy Consumption Report for 2010
Finally, the Office of the Deputy Under Secretary of Defense (Installations and Environment) released the DOD’s Annual Energy Management Report for Fiscal Year 2010. This report focuses on energy used…
