 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 24 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 8 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 24 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 24 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 15 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 15 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 15 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 15 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Geopolitical Tensions Keep Oil Prices Elevated
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Energy Stocks Rally Under The Radar
Big Oil is trumping the…
Coal Continues to Thrive Despite Pledges for Clean Energy
Despite global commitments to clean…
Energy
Is It Time To Get Aggressive On Oil Stocks?
It’s the start of the New Year, so here is my overview for your energy portfolio coming into 2018. I have written in the past six months in a far…
Two Top Picks In Energy This Year
The New Year is a time for a fresh start, which will be welcomed by energy investors. The sector did better last year than it has in the recent past,…
Oil Industry Spending May Soon Rebound
Friday January 5, 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…
Crude Oil Is Approaching A Major Retracement Zone
U.S. West Texas Intermediate crude oil finished 2017 higher in what can best be described as a volatile two-sided trade. After trending lower from January to June, the market stabilized…
Oil Rally Falters As Traders Seize Profits
After a strong start to 2018, oil prices fell back slightly on Friday morning. While geopolitical tensions and strong inventory drawdowns were the main culprits for the rise in prices,…
U.S. Rig Count Dips As Oil Prices Hold Steady
The number of active oil and gas rigs dipped again this week, according to Baker Hughes data, decreasing by 5 rigs, bringing the total rigs to 924 rigs, which is…
Iraqi Oil Exports Grow On Strong Asian Demand
It is both the best and worst of times for the current Iraqi oil market. Iraqi oil minister Jabbar al-Luaibi said this week that Iraqi oil fields in the south…
Saudis Slash Oil Price To Save U.S. Market Share
Saudi Aramco has cut the price of Arab Light for the U.S. market further for February despite shipping record-low amounts to its biggest customer. U.S. refiners will receive Arab…
What Is Keeping Oil From Breaking $70?
The protests in Iran have helped push oil prices up to fresh multi-year highs this week, but a lot of questions remain about the durability of the oil price…
The 5 Most Popular Energy Stories Of 2017
The year in which WTI went from barely above $50 to over $60 a barrel and Brent hit OPEC’s much sought after $65 was full of the usual mix of…
OPEC vs Shale: The Oil Saga Continues
The continuous rise in U.S. shale production last year offset part of the OPEC–Russia production cuts and capped oil price gains. Supported by the global inventory drawdown and geopolitical woes,…
Is A “Geopolitical Recession” Looming?
Eurasia Group’s Ian Bremmer says that 2018 is “by far the greatest geopolitical risk environment that we’ve ever seen" and that this could be the year where the international community…
Venezuela Is Recruiting Miners For Its Cryptocurrency
Venezuela is moving ahead with plans to “overcome the financial blockade” by launching an oil-backed cryptocurrency known as Petro, and is now recruiting miners nationwide. The Unique Registry of…
Renewable Energy On The Rise In U.S. Electricity Generation
(Click to enlarge) (Click to enlarge)The EIA released the latest edition of their Electric Power Monthly on…
Strong Draw In Crude Inventories Lifts Oil Prices
A day after API contributed to WTI’s reaching its highest price level since 2015 with an estimated 5-million-barrel draw in crude oil inventories, the EIA reinforced the bullish…
OPEC Should Thank Venezuela For Falling Production
OPEC’s crude oil production remained largely unchanged from November in December, but that was mostly thanks to a 50,000-bpd decline in Venezuela’s production, as well as further cuts in Saudi…
What’s Behind The Canadian Rig Count Crash
The U.S. rig count has been on the rise for months, despite some recent hiccups, but Canada’s rig count recently plunged amid low oil prices. Canada’s rig count fell from…
Cold Weather Shocks Natural Gas Prices
Natural gas markets are receiving a jolt from the wave of icy weather that has swept over the Eastern half of the United States. The effect is twofold: extreme cold…
Can Norway Survive Without Big Oil?
Supermajors are shunning Arctic oil exploration in Norway, or at least that’s the overwhelming feeling after the last licensing round conducted by the Norwegian Petroleum Directorate in early December. Eleven…
Why Germans Are Being Paid To Use Power
Germany’s drive to use renewable sources of energy seems to be bearing fruit. Beginning last weekend, prices for electricity in the country declined below zero. That means consumers are being…
