 |
Louisiana Light • 4 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 184 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 days | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 3 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 3 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 3 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 3 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 3 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 4 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 4 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 6 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 7 days | 87.60 | -1.22 | -1.37% |
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Energy
Oil Output Cuts May Be Coming But Don’t Bet on It
As I write, the world’s leaders are meeting at the G20 summit in Argentina. There are, as always, lots of story lines surrounding the meeting, some financial in nature such…
Why We Should Worry About Low Oil Prices
Many people, including most Peak Oilers, expect that oil prices will rise endlessly. They expect rising oil prices because, over time, companies find it necessary to access more difficult-to-extract oil.…
LNG Prices Are In A Tailspin Due To Warmer Weather
Liquefied natural gas (LNG) prices remain under pressure amid warmer temperatures in the Northern Hemisphere, with more warm winter months projected in the world’s top three LNG importing countries -…
Do Falling Oil Prices Help Or Hurt The U.S.?
“If you repeat a falsehood long enough, it will eventually be accepted as fact.” In the financial markets, and economics, it is a common occurrence for the media and commentators…
Will Canadian Oil Producers Cut Output?
Record low Canadian oil prices risk deteriorating significantly cash flows and key credit metrics at Canada’s oil and gas producers, rating agency DBRS said on Wednesday in the latest…
New Breakthrough Will Change How Oil Reserves Are Measured
A Massachusetts Institute of Technology team of researchers has taken the first three-dimensional images of kerogen’s internal structure, with a level of detail more than 50 times greater than has…
Oil’s Big Week Is Upon Us
It’s hard to imagine higher stakes for the oil market over the next week as traders get set for an OPEC+ meeting and the Trump/Xi G20 meeting on the heels…
Global Intelligence Report - 30th November 2018
Global Intelligence Report - 30th November 2018 Sources - Turkey’s National Security Council - Turkish general, ex-NATO - Top aide to Turkish deputy foreign minister - Saudi figure close to…
Unexpected Anomalies In Oil Markets
Some trends are just impossible to predict because before they take place, the mere idea of them materializing seems like outlandish. Yet, sometimes the market takes everyone by surprise –…
The Great Power Politics Behind Nord Stream II
Nord Stream II is proving to be one of the most politically contentious pipelines of all time. The project is making gradual progress, but remains vulnerable to the fragile state…
Saudi Arabia Squeezed As OPEC Meeting Nears
Oil prices dipped over the week, but the next few days will be volatile due to escalating geopolitical concerns and trade war tensions (Click to…
Oil’s Worst Month In A Decade
November 2018 will not go down in the history of oil trading as a successful month, in fact it was so bad that the last time we witnessed such a…
Falling Rig Count Can’t Halt Oil Price Slide
Baker Hughes reported a 3-rig decrease for oil and gas in the United States this week. The total number of active oil and gas drilling rigs now stands at 1,076…
Oil Prices Set To Book Worst Month In A Decade
Oil prices dropped early on Friday, on course to finish their worst month since 2008, as fears of oversupply and slowing demand growth dragged oil down into a bear market…
Russia’s Oil Minister: Oil Prices Are Good Where They Are
“In my view, the current price range of oil is comfortable for both producers and consumers,” said Russia’s Energy Minister Alexander Novak in an interview with news agency TASS.…
How Much Lower Can WTI Go?
West Texas Intermediate yesterday fell to US$50 a barrel, after the Energy Information Administration reported yet another weekly inventory build with production at record highs, making the United States the…
Hapless Alberta Takes Action As Oil Prices Crash
Faced with a crisis moving oil out of the country, the provincial government in Alberta is stepping in to purchase trains in order to ease the midstream bottleneck. Western Canada…
What’s The Answer To Canada’s Crude Crisis?
“The Government’s intent in the policy was to provide for the orderly development of the oil sands in such a manner as to supplement but not displace production from the…
The Biggest Winners Of The Oil Price Slump
Brent crude has sunk to US$60 a barrel with WTI down to US$52 and, not surprisingly, talk about Brent hitting US$100 a barrel by the end of the year is…
Oil Prices Rally As Russia May Be Joining The Cuts
Just a few hours after WTI Crude dipped below $50, oil prices wiped out losses and started climbing on Thursday after reports that Russia has conceded that it needs…
