 |
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 • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.746 | +0.011 | +0.42% |
|
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 • 2 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 2 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 2 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 2 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% |
Biden Administration's SPR Plans Derailed by Oil Price Surge
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Texas Deepwater Oil Export Projects Stall
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Mysterious Iranian 'Spy' Ship Returns Home As Israel-Iran Conflict Worsens
A suspected Iranian spy ship…
Energy
Great Divide Developing in U.S. Natural Gas
Bentek Energy managing director Rusty Braziel sees a great divide developing in U.S. natural gas. Bentek are one of the leaders in tracking and analyzing American gas pipeline flows. Where…
High Hurricane Activity Threatens Gulf Oil Production, Cleanup Efforts
As hurricane season begins in the Caribbean and Gulf of Mexico, forecasters are predicting higher-than-usual activity that could disrupt oil and gas production in the Gulf and hinder efforts to…
China’s Excess Refining Capacity Affecting Domestic Oil Prices
China, which has struggled in recent years to keep up with booming domestic demand for oil products, may soon have a major excess in refining capacity. In 2009, the country…
The Death of BP?
It was about six weeks ago that the man I work for walked into my office and asked what was happening in the world of energy. “This oil leak in…
Big Oil is Paying
In 2006, when I wrote this, and culled directly from their 10K, ExxonMobil paid $30.7 billion in excise taxes, $41.6 billion in other "taxes and duties", and $59.4 billion in…
Middle East producers see more heavy oil in their future
Middle East oil countries should increase production of heavy oil as oil prices remain higher and improved technology makes it easier, those attending an industry conference in Bahrain were told.…
Natural gas Producers Focus Shifting to Wet Gas
The divergence between oil and gas prices in Canada and the U.S. has reached epic proportions. Currently the oil-to-gas price ratio sits around 15. Up considerably from the historic average…
The Problem With Chinese Shale Gas
I mentioned last week that the Asian gas market is in flux. Prices are changing to account for the dynamic supply-demand balance in the region. A further illustration came this…
Obama Suspends Offshore Drilling Permits Following Gulf Spill
I suppose it was inevitable that we would arrive at the moment in the ongoing oil spill crisis at which the baby would be thrown out with the bath. That…
Qatar: The World’s Biggest LNG Producer Holding Onto it’s Gas
On paper, it should be a perfect match. Qatar has huge amounts of gas to export and its neighbours are desperately prowling for reliable energy supplies to power their emerging…
BP’s Continued Existence Seen Coming Under Threat as Gulf Oil Spill Continues
The continued failure of BP’s efforts to stop the Gulf oil spill and mounting political pressure are putting the very future of the British-based oil giant in question. BP shares…
Our Unhealthy Addiction to Oil
The Deepwater Horizon disaster in the Gulf of Mexico is providing barrels of new ammunition to pundits on both the Right and the Left who contend we have to end…
Tajikistan Energy Opportunities - An Interview with Tajikistan’s Ambassador to the United States
On 26 May, Tajikistan's Ambassador to the United States Abdujabbor Shirinov spoke openly about the energy and water shortages impacting the region, joint collaboration between Tajikistan and Afghanistan, the construction…
A Snapshot of the Global Oil Market: The Good and the Bad
JODI is the Joint Oil Data Initiative. A project run by the International Energy Agency and a consortium of partners, collecting data on oil demand and supply around the world.…
Global Firms Ramping up Climate Spending
Seventy percent of global executives plan to increase investment in climate initiatives over the next two years, according to an Ernst & Young survey. Out of the 300 executives surveyed…
Asian Gas Market Starting to Heat Up
Asia is one of the more interesting gas markets in the world. Places like Thailand and its southeast Asian neighbors have seen phenomenal demand growth over the last several years.…
Legislative Battles on Shale Gas Fracking Continue on Several Fronts
The controversy over the hydraulic fracturing process used to produce shale gas continues, with Pennsylvania and New York becoming a new battleground as development of the giant Marcellus Shale goes…
The Reality of Global Power Demand and Oil Consumption
When considering the global energy sector, one of the most difficult tasks is understanding the gargantuan scale of our energy consumption. Talking about scale should be an integral part of…
Chinese Oil Companies Taking Advantage of Energy Consumers
Sometimes, China’s energy policies just make no sense at all. Consider the import and export patterns on oil products. In presumably socialist China, the oil majors PetroChina and Sinopec have…
Canada’s Oil Sands Set to Become Biggest Source of U.S. Oil Imports, Report Says
Canadian oil sands will probably become the No. 1 source of U.S. crude oil imports this year, and could make up more than a third of the nation’s oil…
