 |
Louisiana Light • 2 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 196 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 hours | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 1 day | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 1 day | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 1 day | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 1 day | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 1 day | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 2 days | 75.71 | +0.60 | +0.80% | ||
|
Oklahoma Sweet • 2 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 2 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 3 days | 83.26 | +0.61 | +0.74% |
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An Energy Stock Set To Rebound
Regular readers of my ramblings will be aware that I am usually neither a fan nor a follower of conventional wisdom. When an idea is repeated frequently, and seemingly by…
OPEC’s Efforts Are Paying Off
Friday February 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 23rd February 2018
Canada’s oil sands production will continue to grow over the next ten years despite a shortage of pipeline capacity and several years of underinvestment. That’s what a study from IHS…
Oil Prices Supported By Shrinking Inventories
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures traded in a sideways-to-lower range early in the week, but momentum shifted on Thursday, driving prices to their highest levels…
OPEC ‘Supergroup’ Keeps Oil Exports Subdued
I was jesting the other day about who would be on guitar in OPEC's supergroup, but it got me thinking about the various global oil producers, and how their traits…
Oil Prices Rise As Bullish Sentiment Returns
Following a surprise report from the EIA, oil prices rose across the board, suggesting that bullish sentiment may be returning to the markets. (Click…
Rig Count Inches Higher As Oil Prices Stabilize
Baker Hughes reported a 3-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 978, which…
What’s Really Happening With Venezuela’s “El Petro?”
Venezuela has made history as the first country to launch its very own Initial Coin Offering. The long-hyped Petro cryptocurrency has been the center of controversy and curiosity to many…
Mexico To Halt All Oil Exports If Obrador Wins
Mexico’s energy industry strategy will be overhauled if the frontrunner for the next presidential term, Andres Manuel Lopez Obrador, wins the July election, his senior energy adviser said in…
Why Is The WTI-Brent Spread Shrinking?
As U.S. exports continue to rise, the price gap between WTI and Brent has sharply narrowed. The premium that Brent traded at relative to WTI used to run in the…
U.S. And China To Face Off Over Aramco IPO
Speculation continued into early 2018 about who — or which organization — would be the ultimate buyer of the five percent stake being offered for sale in Saudi Arabia’s national…
China Is Erasing The Gas Glut
China and other countries in Southeast Asia are helping erase the LNG glut, which was thought to last well into the next decade. China is in the midst of a…
Cleaner And Cheaper: The Future Of Natural Gas
Just how clean is natural gas, really? Natural gas is the bridge fuel of the future that will carry the world until renewables take over. It is much cleaner than…
Subsidies For Coal, Nuclear In The Latest Federal Budget
The two year spending bill just passed by Congress and signed by the President attempts to make good on the administration's promised tilt towards coal and nuclear power. For the…
Saudi Arabia Looks To Profit From The U.S. Shale Boom
Saudi Arabia’s Aramco has considered the possibility of shipping U.S. crude via its Motiva unit to Asia, a source in the know has told Bloomberg. The company decided that…
Oil Prices Rise After EIA Reports Crude Draw
After a surprise crude oil inventory draw reported by the American Petroleum Institute, the Energy Information Administration strengthened the good mood by confirming the draw, and a much larger…
Why The Next Oil Boom Will Be Fueled By Blockchain
Big Oil is due for a disruption. The world’s most important industry has been carrying on without any significant changes in its day to day routine for far too long.…
What Is The Right Price For Oil In A Balanced Market?
The price of oil is well off the low for this cycle because the OPEC + Russia plan to rebalance supply & demand has worked. Now the question is “What…
Has OPEC Been Too Successful?
Last week, OPEC said in its Monthly Oil Market Report that based on OECD commercial stocks numbers from December, “In line with the existing overhang, the market is only…
The U.S. Oil Industry Sets Its Sights On Asia
Just a decade ago, few could have imagined that the U.S. would be producing more than 10 million bpd of crude, but with the explosion of shale production, that is…
