 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.580 | +0.003 | +0.11% |
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 1 day | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 9 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 9 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 9 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 9 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Breakthrough in Magnet Modeling Paves Way for Sustainable Energy Applications
Scientists have developed a new…
The U.S. Supermajors Double Down on World's Top Oil Basins
The U.S. supermajors are doubling…
Geopolitical Tensions Fail to Spark Oil Price Surge
The fluctuating prices in response…
Energy
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)
U.S. Rig Count Continues To Rise As Canadian Rig Count Plunges
Baker Hughes reported another 5-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 995, which…
Saudi Oil Minister Expects Oil Cuts To Extend Into 2019
Crude oil prices jumped a percent today on comments from Saudi Arabia’s Energy Minister Khalid al-Falih, who said he expected the OPEC+ production cut deal would be extended into next…
Global C02 Emissions Rise For The First Time In 3 Years
In a worrying development, global CO2 emissions from energy jumped by 1.4 percent in 2017, the first increase in three years. The trend indicates that global efforts to reduce emissions…
The Battle For China’s Growing Gas Demand
Russia, in its efforts to develop its gas sector in as many geographical locations as possible, is also earmarking increased gas exports to China. Russian natural gas giant Gazprom…
What Trump’s Tariffs Mean For Global Oil And Gas
President Trump is about to escalate the brewing global trade war with another round of tariffs, although he appears to be narrowing his sights on just China. The Trump administration…
An Innovative Solution To Solar's Biggest Problem
Australia is doubling down on its solar push, striving to make renewable power generation available to everyone, including renters. That’s right – there are companies specifically targeting solar power for…
The Death Of Traditional Power Grids
The problem with centralized power grids is that they can be crippled at just one point of failure, leaving consumers vulnerable to outages. According to Mark Feasel of Schneider…
Can The Netherlands Stay Ahead In Natural Gas Markets?
In 2016 the Dutch gas market achieved a major milestone when the TTF natural gas hub became the benchmark for European gas, taking the lead from the British NGC.…
U.S. Electricity Sales Fall Again
Well, it happened again. 2017 was another down year for the US electric utility industry--despite a reasonably robust economy and increasing population. The 2.1 percent drop was bigger than usual.…
OPEC Curbs Oil Shipments To U.S. Refiners
U.S. refiners are receiving smaller shipments of oil from members of the Organization of Petroleum Exporting Countries (OPEC) due to the bloc’s production cut agreement, according to a new report…
North Sea Oil Has Escaped Its Death Spiral
The oil industry is expected to increase spending in the North Sea and the number of projects that could receive a greenlight is set to rise this year for the…
Oil Traders, Supermajors Diverge On Demand Forecasts
The world’s oil supermajors and largest oil trading companies are not in agreement on the future trends in oil demand, a recent event has revealed. This, although normal, should serve…
