 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.741 | +0.006 | +0.23% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 4 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 4 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 4 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 4 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Oil Traders Hedge Geopolitical Risk With Record Options
Call options are currently trading…
China Raises Gasoline and Diesel Prices amid Soaring Crude Oil Prices
China is raising from Wednesday…
Why Biden is Unlikely to Enforce the New Iran Oil Sanctions
Despite Congress passing new sanctions…
Energy
Oil prices and trading mechanics
A report from Reuters attributes the wild commodity price moves last week to algorithmic stop-loss trading. Jim Brown offered these details on the oil trading: Those funds interviewed…
Lower Oil Prices
Like a roller coaster ride, 2011 saw oil prices climb gradually, only to fall dramatically this last week. Here I offer my thoughts on some of the key contributing factors.…
What is Oil Really Worth?
The reason that oil company profits are so volatile is that sometimes the price of oil becomes pretty disconnected from the cost to produce it and convert it into finished…
High Coal Prices Leading to Increased Power Shortages in China
China may be the world’s largest producer of coal for power generation, but as the world’s largest consumer, the proportion that it imports is still arguably the single biggest driver…
The Search for Deep Oil and Gas
Geoffrey Styles, Managing Director of GSW Strategy Group, has came upon more information about the effort to look even deeper for hydrocarbons like natural gas and oil. A leader…
Will Fukushima Trigger the Changes Japan Has Been Waiting For?
Fukushima is not Chernobyl, Prime Minister Naoto Kan insists. His government draws comfort from the fact that Fukushima emitted only a fraction of the radiation released at Chernobyl in 1986,…
As Oil Drops below $100 Motorists Wonder When Gas Prices Will Fall
Who says miracles can’t happen? After four straight days of steady decline, crude oil prices finally plummeted by nearly 9 percent on Thursday to US$99.80 a barrel – the first…
The Stocks To Benefit Most from North America's Hottest New Gas Play
Some oil fields never die. In fact, some just get better with age. Alberta's Duvernay shale may just be the best example yet. It all has to do…
A Look at the Serious Energy Shortages in India and Pakistan
The recent publication of the EIA review of Shale Gas has caught the world’s attention, and led to the perception that the coming decades may well see natural gas become…
Will Politicians Listen to the Message Being Delivered by High Oil Prices
If you read many of the pieces I write here you will soon notice that I am convinced that this country, and most of the civilized world, has a problem…
Crude Oil Traders Coming Under Government Scrutiny
Betting on the future generally receives the stamp of immorality when elected officials and consumers come out on the losing end. President Barack Obama and the European Union both recently…
Methane to Methanol to Gasoline for $2.85 a Gallon
Methane to methanol to gasoline for $2.85 a gallon, including a healthy $1.45 margin? That is what is being claimed for a combined "Gigamethanol" and MTG (methanol to gasoline) plant…
World Oil Forecasts and Hubbert’s Peak
Recently when I was reading some of the papers M. King Hubbert wrote, one thing struck me was the context in which he made his forecast regarding how world oil…
A Sensible Look at the Food vs Fuel Argument
Mary Kissel writing in the Wall Street Journal (WSJ) looks into what C. Larry Pope, the chief executive of Smithfield Foods, Inc. is saying about the price of food…
It's Time for Obama to Spook the Oil Markets
The fate of the Obama presidency hangs not on a birth certificate or the red ink on the federal budget but by the hose nozzle of your local gas station.…
Getting Even With Big Oil: Taking on ExxonMobil
It is no secret that consumers are suffering from very high gasoline prices. And as a result of these high prices, ExxonMobil just reported a first-quarter profit of $10.7…
Why Falling Resources and Rising Prices Demand a more Thoughtful Energy Policy
Below is an essay by Jeremy Grantham, the Chief Investment Officer of GMO Capital (with over $106 billion in assets under management they are one of the largets asset managers…
Abiotic Oil and Energy Red Herrings
According to a new computer model, liquid methane in contact with a partially hydrogen-terminated diamond surface at extremely high pressures and temperatures spontaneously forms longer hydrocarbons, and hence the material…
Azerbaijan Finding New Energy Customers in the Middle East
Could turmoil in the Middle East provide a market opportunity for Azerbaijan’s state-run energy company SOCAR? A pending energy deal with Jordan could open the way for the company’s aggressive…
Canada Plans to Reduce Carbon Dioxide Emissions with $1.3 Billion CCS Investment
Canadian authorities have given the green light to a C$1.24 billion (US$1.3 billion) carbon capture and storage (CCS) demonstration plant in Saskatchewan, which aims to slash annual greenhouse gas emissions…
