 |
Louisiana Light • 1 day | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 1 day | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.710 | -0.019 | -0.70% |
|
Bonny Light • 1 day | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 1 day | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 1 day | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 39 mins | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 39 mins | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 39 mins | 85.35 | -2.68 | -3.04% | ||
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Central Alberta • 39 mins | 75.75 | -2.68 | -3.42% |
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Eagle Ford • 1 day | 79.17 | -2.67 | -3.26% | ||
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Oklahoma Sweet • 1 day | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 6 days | 89.36 | +0.64 | +0.72% |
China Exports Gasoline Using Blockchain In Unprecedented Move
China’s Sinochem Energy Technology Co has…
Why Is Iraq Now Blaming IOC’s For Ongoing Delay To Kurdish Oil Flows?
The latest tactic of blaming…
U.S. Drilling Activity Slips Further As Oil Prices Rise
The number of oil rigs…
Energy
Uzbekistan Looks To Export Electricity To Afghanistan
Senior officials with Uzbekistan’s state-run power company have said work has begun on building power cables to Afghanistan that will enable them to increase exports by 70 percent. Uzbekenergo chief…
UK North Sea Oil Production Set To Resume Decline In 2019
UK North Sea’s oil production is expected to revert to a decline again next year, after a brief period of growth since 2015, according to consultants at Bernstein. Since…
Can The U.S. Break Russia’s Gas Monopoly In Europe?
In a statement that is sure to provoke Russian backlash, while also sending a strong message to both Moscow and European energy markets, Department of Energy (DOE) Secretary Rick Perry…
China's Oil Futures Launch With A Bang
China’s yuan-denominated crude oil futures launched today in Shanghai with 15.4 million barrels of crude for delivery in September changing hands over two and a half hours—the length of…
What Trump's New Appointment Means For Oil Prices
President Trump fired his National Security Advisor H.R. McMaster on Thursday and replaced him with a staunch proponent of war. The appointment significantly raises the odds of a clash…
The Truth Behind Oil’s Recent Price Spike
As I’m writing this, the West Texas Intermediate (WTI) has surged almost 3 percent for the day, over 5 percent since the close on Monday, and is up 6.5 percent…
$70 Oil Could Spark An Offshore Oil Boom
Geopolitical risk bearing down on global oil markets is increasingly taking hold and weighing on oil prices as Saudi Arabia and Iran jockey for influence and position in the Middle…
Man-Made ‘Magma’ Could Plug Leaking Abandoned Oil Wells
A Norwegian company has successfully pilot-tested in Canada a new technology that will permanently plug oil wells and ensure that no greenhouse methane gas escapes. Currently, the most-widely used technique…
Energy Sector Leads Estimated Earnings Growth
The market may be having trouble holding on to gains amid trade war fears and volatile sentiment every time the Fed opens its mouth about economic growth, inflation or…
Russia-Ukraine Gas Spat Highlights Geopolitical Divide
The latest gas dispute between Russia and Ukraine flared up just as most of Europe was gripped by Arctic cold and just before the spy poisoning scandal in which…
U.S. Oil Interests In Jeopardy If Key NAFTA Provision Is Removed
A group of more than 100 GOP Senators and House Representatives has called on President Trump to keep investor protection provisions in NAFTA intact. Otherwise, the group says, U.S. investments…
Can The Gulf Of Mexico Break Its Oil Production Record?
2017 was the highest producing year for oil in the GoM and included the record month in March. Gas, which has tended to come from shallow water wells, had accelerated…
Azerbaijan-Europe Gas Pipeline Gets $1B In Funding
The European Investment Bank (EIB) has approved 932 million Euros ($1.15 billion) in loans for the Trans Anatolian gas Pipeline (TANAP) being constructed across Turkey to carry gas from Azerbaijan…
There’s No ‘New Normal’ In Oil Stocks
I’ve been following and trading oil and oil stocks for more than 35 years, and I’ve never seen it quite like this, where oil stocks are so completely hated. It…
A Classic Dividend Play That Comes At A Discount
Maybe it is just the rose-colored glasses with which we look backwards, but it seems to me that there was a time when investing in energy stocks was a lot…
Low Oil Prices Have Sent Demand Soaring
Friday March 23, 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 March 23rd 2018
China is preparing to challenge the reign of the U.S. dollar as the ultimate petrocurrency by launching much-delayed yuan-denominated oil futures next Monday. The contracts should start trading on the…
Oil Prices Rise On Bullish Inventory Data
Only a week ago, crude oil seemed poised to move lower. At that time, hedge fund liquidation and rising U.S. production were driving the price action. This week is a…
Expert Commentary: What’s Behind China’s Crude Benchmark?
After being in the works for well over half a decade, China is finally launching its own crude futures contract next week, with the ultimate goal of creating a yuan-denominated…
Oil Rebounds Despite Trade War Fears
Oil prices saw promising gains on Friday, despite Thursday's dip following the news of Trump's $60-billion Chinese tariffs. (Click to enlarge)
