 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 3 hours | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 10 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 10 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
Breaking News:
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Crude Oil Market Update – Monday 30th May
Crude oil futures dipped in light holiday trade on Monday, hovering above the psychologically important level of USD100 a barrel, as prices were pressured by a slightly firmer U.S. dollar…
Peak Oil and the Collapse of the Soviet Union
Synopsis: The causes of the fall of the Soviet Union are thought to be inefficiency and the Soviet response to the Reagan Administration’s military buildup of the early 1980s. However,…
America's Invisible Energy Policy
Once in a while I point out that the United States lacks an energy policy to deal with our oil problems, but we do have one. You can be forgiven…
Jim Rogers Still Bullish on Oil and Silver
According to prominent investor and commodities advocate, Jim Rogers, oil prices are projected to continue increasing, given the depletion of worldwide reserves. However, the expert maintains that silver is expected…
Can Germany Really Shut Down Their Nuclear Plants and Phase Out Fossil Fuels?
Last week, a commission appointed by Germany's Chancellor Angela Merkel recommended that the country shut down all of its nuclear plants by 2021 and instead rely on other forms…
Oil Price Manipulation
The Commodity Futures Trading Commission on Tuesday filed a civil enforcement action alleging that Nicholas Wildgoose and James Dyer, who worked as traders for Arcadia Petroleum Ltd. and its affiliates,…
Natural Gas Producers Looking to Capture a Growing Share of the Transportation Sector
Four-dollar per gallon gasoline provides more margin for oil producers than four dollars per million British thermal units (MMBtu) provides for natural gas producers. Historically speaking, oil prices are high…
Batteries Growing Role in Energy Storage
The concept of a distributed grid of interconnecting batteries offers a revolutionary approach to energy storage. The energy generation landscape is changing rapidly. On the one hand, demand is growing…
Greenpeace Takes a Swipe at Cloud Computing
Greenpeace may spend much of its time protesting our suppliers of electricity — mainly nuclear and coal — but the environmental group is turning its attention today on some of…
Poor GDP Data Erases Oil Futures Gains
Crude oil futures erased gains on Thursday, retreating from a two-week high after worse-than-expected U.S. GDP data and an unexpected rise in weekly jobless claims fuelled concerns over the pace…
Natural Gas: The Climate’s Favourite Fossil Fuel - But What About Fracking?
When it comes to climate, are all fossil fuels equal? “No,” the answer has been until very recently. In terms of how much carbon dioxide (the major force behind the…
Rising Inventories Hit Crude Oil Futures
Crude oil futures were down on Wednesday, briefly adding to losses after a government report showed that U.S. crude oil inventories rose unexpectedly last week. On the New York Mercantile…
Democrats Energy Disconnect and the Omnipresence of Fossil Fuels
I have often thought that if all domestic oil production and refining ceased in this country for a month, we would see an energy epiphany in the U.S. the likes…
UK Government Predicting Peak Oil Within 5 Years
The UK Secretary for Energy and Climate Change, Chris Huhne, has committed to establish an "Oil Shock Response Plan" to cope with some of the consequences of peak oil (
Growing Demand for Biomass Could Create a New Commodity Market
Wood fuel, one of the oldest energy sources on the planet, could become the newest commodity market if it can overcome supply limits and green concerns as demand grows for…
Crude Oil Futures Continue Their Fall
Crude oil futures plunged on Monday, weighed down by the combined effect of a broadly stronger U.S. dollar, data showing weakening growth in China’s manufacturing sector and ongoing fears over…
Cold Fusion: Have we Just Taken a Giant Step Forwards to Abundant Clean Energy?
Back in 1989, during the craze of the “cold fusion” announcement by Martin Fleischmann and Stanley Pons, a colleague of mine told me about the theory he had developed. It…
Severe Electricity Shortages Crippling East China’s Industrial Province
In East China’s industrial province of Zhejiang there are 500,000 enterprises – and not enough electricity to run them all at the same time. Insiders say the power shortage could…
Sunday Oil Market Roundup
The Nymex oil price has calmed down a bit in the last week, and now stands at $100.10/barrel. Mysteriously, that's about 3 bucks higher than it was 2 weeks ago.…
The Bear Case for Oil
Let’s do some out of the box thinking here. Let’s say that the global economy is really slowing down. The demand for oil will fall. Let’s say that China continues…
