 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.732 | +0.007 | +0.25% |
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 1 day | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 24 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 24 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 24 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 24 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
Breaking News:
How Iraq Continues To Trick Washington
The U.S. government has multiple…
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
M&A Fever Hits Canada's Oil and Gas Industry
The mergers and acquisitions wave…
Energy
There Will be No Economic Recovery as the Era of Cheap Oil Comes to an End
a href="http://www.businessinsider.com"> When oil crossed $120 a barrel for the first time in May 2008, oil cornucopians knew they were in trouble. Prices had quadrupled in just five years, yet…
Chevron to Seek Shale Gas in Poland as Europe Focuses on Unconventional Reserves
Chevron has acquired exploration rights for four shale gas concessions in southeastern Poland, the U.S. oil giant said in a recent SEC filing, joining other international companies in the hunt…
EU Offers $3.1 Billion for Energy Infrastructure Projects, Including Caspian Pipeline
The European Commission added to its economic stimulus program with the largest-ever package of grants to energy infrastructure, including support for the Nabucco pipeline project that will help Europe diversify…
U.S. Governors Seek "Onramp" to Pipeline for Booming Bakken Shale Output
Governors of Montana and North Dakota met with TransCanada Corp. officials this week in an effort to convince the builder of a nearly 2,000-mile pipeline from Alberta to the…
Gazprom Finally Accepts that Shale Gas Has Changed the World
The Russian gas giant this week said it will allow up to 15% of its gas sales to Europe to be sold at spot gas prices on the continent. This…
The Great Divide of Natural Gas
South Korea is coming to northeast British Columbia. It was reported this week that state-run Korea Gas has signed a deal with Canadian gas major EnCana covering three fields in…
Is the Shale Gas Revolution Coming to Europe? Should Russia be Concerned
European shale-derived natural gas could become a reality far sooner, and in far larger quantities, than markets expect In a Securities and Exchange disclosure from last…
Iraq Awards Drilling Contract as it Reaches for Ambitious Oil Production Target
Iraq announced a $318 million contract with a unit of Turkish Petroleum to drill 45 wells in the supergiant Rumaila oilfield as the country strives to regain and even surpass…
Energy Efficiency and its Impact on Energy Demand
Energy efficiency is one of the themes most discussed by those who are interested in issues regarding energy and the environment. The key question is how effective these proposed solutions…
Growing Environmental Concerns on U.S. Shale Oil and Gas Projects
Texas became the latest state to launch an environmental watchdog for energy development as a nonprofit group set its sights on the Barnett Shale drilling in the Dallas-Fort Worth area.…
One Night Stand Pricing
What's more important: upside or stability? That debate constantly rages amongst commodities producers. Especially when it comes to deciding whether to sell gold, copper or oil at spot versus long-term…
Is the North Sea Oil Production Bonanza Approaching Twilight?
The UK Department of Trade and Industry (Oil and Gas) and the Norwegian Petroleum Directorate have both published production forecasts showing increased oil production in the years 2007 and 2008.…
Oil Prices Rise Amid Mixed Economic Data as Euro Concerns Ebb
Oil Market Summary for 02/16/2010 to 02/20/2010. An easing of the crisis in Europe gave energy markets a firm tone last week that enabled crude oil futures to gain nearly…
The Potential of Natural Gas as a Future Energy Source
On January 18, 2010, during the discussion of the Global Energy Outlook panel of the World Economic Forum held in Davos, Switzerland, Mr. Peter Voser, President and CEO of Royal…
Kill American Oil & Gas ration Bans, Unlock $2.4 TrillionExplo
A major moratorium on U.S. domestic oil and gas exploration expired in 2008, yet its extension is now being considered. Thing is, despite vigorous alternative energy…
Oil Sands receive a big vote of confidence from Oil Major BP
News came yesterday that oil major BP is close to a deal in the Alberta oil sands. It appears that BP is the preferred bidder for a majority stake in…
More About Oil (Part 2): OPEC'S STRATEGY
The IEA has apparently calculated that OPEC earned 575 billion (U.S.) dollars in oil export revenues in 2009, a relatively depressed year, and might earn more than 700 billion this…
More About Oil (Part 1): A Preview of The New Decade
In 20 years I predict energy wars over oil and gas resources. By the time it becomes politically profitable to react to problems in the transport energy sector, it will…
China's Monetary Moves Undercut Crude Oil Rally
Oil Market Summary for 02/08/2010 – 02/12/2010. Crude oil prices took a dive on Friday after a week of gains from U.S. blizzards were undercut by another move in China…
New Invention Using Spent Nuclear Fuel Rods Could Unlock U.S. Oil Reserves Three Times Larger Than Saudi Arabia's
There's some incredible new oil extraction technology being investigated over at Nuclearhydrocarbons.com. Essentially, the U.S. has a lot of spent nuclear fuel (SNF) rods from…
