 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.759 | +0.001 | +0.04% |
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 2 days | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 14 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 14 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 14 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 14 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Rising Middle East Risk Sparks Fear of $100 Oil
In case of further escalation,…
U.S. Drilling Activity Slips
The total number of active…
Oil Takes a Breather as Geopolitical Risk Eases
WTI crude hangs above $80…
Energy
The Alamo II: Texans Up in Arms over TransCanada Land Grab
Texans are having nightmares of a Niger Delta nature, and while they have always been the friends of Big Oil, TransCanada is changing the rules of the game in a…
Canadians Issue Resounding Hell-No to Beijing
In the latest rush to take advantage of oil opportunities in Canada, Exxon Mobil announced it signed a deal to acquire Celtic Exploration Ltd. for around $2.6 billion. The deal…
Could Social Upheaval in Iran Spark an Oil Bull Market?
In the third century, greed got the best of Rome's emperors. As they spent through the silver in the treasury, one emperor after another reduced the amount of precious metal…
Tajikistan's Oil and Gas could Change the Landscape of Central Asian Politics
There’s a potentially huge story developing in Tajikistan: Central Asia’s poor cousin may be sitting atop a vast pool of oil and natural gas. Yet, no one in Dushanbe –…
Delta Airlines Buys its Own Refinery to Cut Fuel Costs
For this latest meandering down the path of energy we are going to take a look at a couple of interesting tales intertwined, with the first anecdote beginning with the…
Using Thicker CO2 to Increase Oil Extraction Rates
Oil extraction technology marches on. University of Pittsburgh engineers show crude oil extraction could be improved significantly and accessible domestic oil reserves could be expanded with their new economical…
All that Glitters is Gold for Georgia's Sexy New Energy Minister
You know a country is serious about its energy policy when it installs a soccer star with zero background in the sector as the new Minister of Energy.
Kazakhstan's Gigantic Kashgan Oil Field about to Begin Production
In the Caspian Sea’s choppy waters off western Kazakhstan’s coast, D-Day is approaching on a man-made mound called D Island. It is the nerve center of the Kashagan field, the…
The US Northeast Heading Towards a Heating Oil Crisis
The Energy Information Administration (EIA) last week reported on a potential crisis for heating oil customers in the Northeast part of the United States. In This Week in Petroleum…
BP Falls Out with Azerbaijan as Baku Gambles on Future
That Azeri President Ilham Aliyev is so ferociously lashing out at British Petroleum (BP) for declining output in Azerbaijan’s largest oilfield has very little to do with BP and everything…
US Can Never Achieve Energy Independence at Current Consumption Rate
With gasoline scaling $4 a gallon recently, plans announced last week by international oil giant BP to export U.S.-produced crude oil ought to have Americans howling. For such a plan…
Yet Another Attack on Turkish Pipelines
Turkey’s economy is one of the most booming of the Middle East, with a growth rate, despite the ongoing economic recession over the past decade, of an average 5.5…
Factors that Could Threaten the Oil & Gas Industry in the Future
This year, the oil & gas industry see environmental accountability as a top priority, underlined by the intersection between public concern and industry efforts among the U.S. shale boom. This…
Iraqi Oil Problems are Global Oil Problems
The Iraqi government said Wednesday it was pulling back from its plans to increase oil production dramatically within the next five years. Baghdad, beginning in 2008, has brought in international…
Energy Bereft Japan goes Fracking
It is difficult not to feel sympathy for Japan’s current energy dilemma.In the early 1960s, hydrocarbon-deficient Japan eagerly embraced nuclear power, and the country now has 50 functioning…
Does Canada Need a Strategic Petroleum Reserve?
It was only a little over a month ago that the world, as well as most Canadians, discovered that Canada was host to the world’s strategic maple-syrup reserve. The confounding…
Smash the Rally in Oil
I love it. First, Israel's right-wing prime minister, Benjamin Netanyahu, calls for a snap election. Many observers are viewing this as a referendum on war with Iran. Then, terrorists blow…
Yet Another Huge Oil Find in the Anadarko Basin
Continental Resources Inc. unveiled its newest oil field with a reservoir rock of an oil-rich portion of the Woodford Shale that lies beneath oil fields tapped long ago by some…
Full Steam Ahead for Suezmax Tankers, Thanks to Iran Sanctions
It has not been a good year for super tankers, what with sanctions on Iran and the US shale boom that has resulted in reduced demand for cargo transport and…
Pipeline to Nowhere?
Last week the news headlines blazed on about the proposed natural gas project in Alaska between Exxon, Conoco and Trans-Canada to build a pipeline over 800 miles long to run…
