 |
Louisiana Light • 3 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 2 days | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 3 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 198 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 days | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 2 days | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 2 days | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 3 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 2 days | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 2 days | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 2 days | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 2 days | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 3 days | 75.71 | +0.60 | +0.80% | ||
|
Oklahoma Sweet • 3 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 3 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 4 days | 83.26 | +0.61 | +0.74% |
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This Car Maker Is About To Launch Europe’s Largest Energy Storage Project
French company Renault is harnessing its position as the leader in Europe’s electric vehicle market and following Asian and American giants into the lithium ion battery storage market. Renault is…
Saudi Arabia, Kuwait Discuss New Oil Production In Neutral Zone
Saudi Arabia’s Crown Prince Mohammed has discussed the restart of crude oil production in the neutral zone between Saudi Arabia and Kuwait during a meeting with Kuwait’s Emir Sheikh Sabah…
Elon Musk Settles With SEC, Quits As Tesla Chairman
Elon Musk has agreed to settle the securities fraud charge by the U.S. Securities and Exchange Commission (SEC) in a settlement that includes removing Musk as chairman at Tesla, and…
Ignore The Hype – Oil Prices Aren’t Going Back To $100
The breakout in Brent crude prices above $80 this week has prompted analysts at the sell side banks to start talking about a return to $100 a barrel oil. Even President…
How Much Spare Capacity Does Saudi Arabia Really Have?
Saudi Arabia has pledged to cover any supply gap that may emerge as Iranian oil goes offline, but how much spare capacity does it really have? The massive reserve of…
Refiners Struggle To Adapt To The Shale Boom
U.S. shale production is at record highs and the momentum is still not over. A lot has been said about the energy self-sufficiency implications of this trend, but there’s something…
Europe Prepares For Natural Gas Price Hike
Europe’s natural gas and electricity markets are heading into the winter heating season with prices at record highs amid various supply outages in already tight markets and uncertainty over how…
Nigeria Doubles Down On Mini-Grids
The development potential of Nigerian mini-grids – generation and distribution systems capable of supplying up to 1 MW of capacity from renewable sources, independent of national transmission networks – is…
How Much Spare Capacity Does Saudi Arabia Really Have?
Saudi Arabia has pledged to cover any supply gap that may emerge as Iranian oil goes offline, but how much spare capacity does it really have? The massive reserve of…
Don’t Count On The Usual Tesla Bounce This Time
I have written occasionally here about Tesla (TSLA). While the relationship to the energy market and sector is a tenuous one, it is a fascinating stock that has produced a…
Does OPEC Have Enough Spare Capacity?
Friday September 28, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Global Energy Advisory September 28, 2018
With the November 4 launch of U.S. sanctions against Iran drawing near, uncertainty about how much of global supply will be affected is running high. Mixed signals coming from some…
Why The Oil Rally Is Slowing Down
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to post solid gains for the week. The market continue to be underpinned by worries about…
The $100 Oil Debate
WTI and Brent continued to climb higher on Friday and more bullish indicators suggest the rally has only just begun. (Click to enlarge)
U.S. Rig Count Sees Modest Increase Amid Soaring Oil Prices
Baker Hughes reported an increase of a single oil and gas rig in the United States this week, bringing the total number of active oil and gas rigs to 1,054…
What Explains The Bizarre Price Surge In Oman Crude?
While oil traders have been generally punting to the "November Iran sanctions" as the reason why in recent weeks a bevy of $100 oil forecasts have emerged (even if…
Oil Market Shocked As China’s Top Refiner Halves Iranian Oil Imports
China’s top refiner Sinopec is halving its oil imports from Iran as of September, bowing to pressure from the United States, which is seeking to bring Iranian oil exports down…
The Inevitable Oil Supply Crunch
“The warning signs are there – the industry isn’t finding enough oil.” That’s the start of a new report from Wood Mackenzie, which concludes that a supply gap could…
Why A U.S. SPR Release Would Not Matter
The decision by OPEC+ to essentially let Brent crude rise above $80 per barrel, a four-year high, was met with outrage by U.S. President Trump. At the UN General…
The Biggest Wildcard In The Iran Sanctions Saga
In the last 24 hours there have been two fascinating media reports about the Iran sanctions: one is a Bloomberg story saying Indian refiners will not buy any Iranian…
