 |
Louisiana Light • 2 days | 87.56 | +0.00 | +0.00% | ||
|
Bonny Light • 1 day | 88.04 | -0.81 | -0.91% | ||
|
Opec Basket • 2 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 179 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.650 | -0.041 | -1.53% |
|
Bonny Light • 1 day | 88.04 | -0.81 | -0.91% | ||
|
Girassol • 1 day | 89.07 | -0.57 | -0.64% | ||
|
Opec Basket • 2 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 4 hours | 75.13 | -0.70 | -0.92% | ||
|
Light Sour Blend • 4 hours | 78.18 | -0.70 | -0.89% | ||
|
Syncrude Sweet Premium • 4 hours | 85.13 | -0.70 | -0.82% | ||
|
Central Alberta • 4 hours | 75.53 | -0.70 | -0.92% |
|
Eagle Ford • 2 days | 79.11 | +0.00 | +0.00% | ||
|
Oklahoma Sweet • 2 days | 79.00 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -1.00 | -1.35% | ||
|
Buena Vista • 5 days | 88.82 | +0.60 | +0.68% |
U.S. Drilling Activity Slips
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Breakthrough in Sodium Battery Chemistry Promises Lower Costs
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Weak Diesel Prices Reflect Global Economic Slowdown
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Energy
Oversold Lithium Could Be About To Rally
It’s been a decade of lows for commodities after posting 7 declines in 11 years, but we’ve seriously underestimated lithium. It’s back with a vengeance in 2019. The…
Is The Downside Risk For Oil Growing?
Oil prices sank on Monday on a large increase in the U.S. rig count last week, which raised fears of a renewed drilling campaign from American shale drillers. The U.S.…
Trump Looks To Neutralize Pipeline Opponents
The White House is preparing measures that will reduce states’ powers over the approval or ban of new energy projects, notably oil and gas pipelines, Bloomberg reported last week,…
Is The Permian Bull Run Coming To An End?
The bad news coming out of the shale oil fields of America could all be put down to slumping oil prices. That is certainly a big factor. But as investment…
What’s Behind The Sudden Rise In Chinese Oil Demand?
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What’s Behind Saudi Arabia’s New Downstream Strategy?
Saudi Aramco, the world’s wealthiest albeit state-owned oil company, continues to diversify in downstream investments. On Monday, the storied oil major said it planned to invest up to $1.6…
Germany’s Rush To Ditch Coal Is Great News For Norway
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Venezuela Will Continue Exporting Crude To U.S.: Maduro
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Oil Prices See Best January In 14 Years
Oil prices are on course to book their best performance in the month of January since 2005, despite starting this week with losses after Friday’s rig count report showed…
Trouble In Paradise For U.S. Frackers
Forecasters project a large increase in U.S. oil production over 2019. The size of this increase ranges from four hundred and twenty thousand barrels per day (Citibank) to 1.7 million…
A Rare State Of Affairs For Refiners
The global oil market appears to be well-supplied, even as the OPEC+ production cuts begin to whittle away at excess barrels. But while crude may be ample, there are growing…
Political Crisis In Venezuela To Reshape OPEC
The political power struggle in Venezuela is heating up, and there seems to be no real solution on the horizon yet. The surprise move by Venezuela’s opposition leader Juan Guaido…
Is This A Buy Signal For Crude Oil Futures?
A basic review of the chart for oil futures (CL) suggests that crude is about to take off. Whether the next move from here is up or down, providing a…
The ‘Venezuela Benefit’ For Canadian Oil Producers Is Limited
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Chinese Solar Giant: “The Party Is Definitely Over”
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Crude Rally On Hold
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Southeast Asia Has A $2.7 Trillion Choice To Make
For many years Southeast Asia has been a cautionary tale for what not to do in terms of energy sector economics. Once one of the world’s most active energy markets,…
Qatar’s Latest Move Is A Stroke Of Geopolitical Brilliance
Much has already been written about how Qatar, Australia and even the U.S. are jockeying to lock in global LNG market share. The race for top LNG global producer comes…
There’s No Slowing U.S. Natural Gas Production
Last August I warned that a Natural Gas Price Spike May Be Looming. The reason for the warning was that natural gas in storage – which the Energy Information Administration…
Another EV Giant Enters The Battery Business
German auto maker giant Volkswagen has just upped its bet on electric vehicles (EVs) by announcing it will begin manufacturing batteries and charging stations for those cars, which the company plans…
