 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.697 | -0.017 | -0.63% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 7 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 7 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 7 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 7 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
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Energy
Oil Markets Start 2018 With A Bang
Despite pipelines in the North Sea and Libya coming back online in 2018, oil has remained above $60 in the new year. These high prices have largely been driven by…
Russia Boosts 2017 Crude Oil Production To 30-Year High
Despite the fact that Russia is cutting its oil production as part of OPEC and allies’ deal to restrict global oil supply, Moscow’s average daily crude oil production inched up…
Oil Sees Strongest Start Of Year Since 2014
Brent crude and West Texas Intermediate started trading in 2018 above US$60 a barrel both for the first time since January 2014, before prices collapsed. WTI hit a high of…
U.S. Shale Can’t Offset Record-Low Oil Discoveries
The U.S. shale resurgence has been one of the main themes in oil markets this year, while OPEC’s production cut deal to deplete the oil overhang and boost oil prices…
Forties Pipeline To Return To Normal Rates Around New Year
The Forties Pipeline in the North Sea is expected to return to normal flow rates of some 450,000 bpd around new year, the operator of the pipeline, Ineos, said in…
UK Smashes 13 Clean Energy Records In 2017
You might be feeling a bit blue about returning to work, but the year is closing on more of a green note. It was a record year for powering the…
Oil-Rich Venezuela Is Out Of Gasoline
After lining up for an entire day to get a plane ticket to visit her relatives in the western city of Mérida, Josefina García did not know if she and…
GOP Tax Bill Is A Boon For Oil And Gas
A few days before Christmas, the U.S. House and Senate passed the most comprehensive tax reform plan since 1986. Upon signing the bill, President Donald Trump called it “an…
Oil Tops $60 At Close of Year
(Click to enlarge) (Click to enlarge) (Click to enlarge)
U.S. Rig Count Falls Slightly As Canada’s Rig Count Tanks
The number of active oil and gas rigs dipped this week, according to Baker Hughes data, decreasing by 2 rigs, bringing the total rigs to 929 rigs, which is…
Venezuela To Launch Oil-Backed Petro Cryptocurrency Within Days
Venezuela is getting ready to launch within days its own cryptocurrency--El Petro--which will be backed by more than 5.3 billion barrels of oil and support $267 billion worth of financial…
The Biggest Oil Story Of 2017
There have been plenty of eye-catching stories in the energy industry this year, but one notable development has been the rise of the U.S. as a crude oil exporter. The…
There Aren’t Enough Truckers In Texas
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Oil Price Volatility Crashes To Three-Year Low
Oil prices have jumped to multi-year highs at the same time that price volatility continues to plunge. Oil price volatility continues to dive, dropping to a three-year low as 2017…
Analysts See WTI Averaging $56 In 2018
Expectations of robust oil demand growth and high OPEC and allies’ commitment to the production cuts have prompted analysts to raise again their forecast for oil prices in 2018, and…
Oil Prices Steady After EIA Reports Crude Draw
Amid a mixture of news pulling oil prices in opposite directions the Energy Information Administration reported another draw in U.S. crude oil inventories for the week to December 22. The…
What Drove WTI Above $60?
WTI briefly broke above $60 per barrel on news that a pipeline in Libya exploded, knocking a sizable portion of supply offline. The oil pipeline carries crude oil to the…
Europe’s Largest Oil And Gas Producer Is Back On Its Feet
Europe’s largest oil and gas producer, Norway, suffered its fair share of problems when oil prices tanked three years ago. Yet, helped by the cushion of its massive sovereign wealth…
Oil Giants Are Increasingly Focused On Sustainability
Pioneer Natural Resources just published its first Sustainability Report, a sign that a growing number of oil companies are feeling the heat from investors over climate change. Environmental groups…
Number Of EV Charging Points To Rise Significantly
Gasoline stations outnumber electric vehicle charging stations by a wide margin in key global markets. That gap is expected to narrow with planned charger installations and significant growth in fast…
