 |
Louisiana Light • 4 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 3 days | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 4 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 177 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 days | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 3 days | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 3 days | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 4 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 3 days | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 3 days | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 3 days | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 3 days | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 4 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 4 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 4 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 5 days | 87.23 | -0.55 | -0.63% |
Breaking News:
The Future of Plastics Will Determine the Future of Oil Demand
Plastics will come to account…
Namibia Racks Up Another Major Offshore Oil Discovery
Shares of Portuguese integrated energy…
Javier Blas: 10 Things Oil Traders Need to Know About Iran's Attack on Israel
Javier Blas analyzes the impact…
Energy
What's Behind This Oil Major's Surprising Strategy Shift
Statoil will center its oil drilling efforts on its own backyard next year, in the waters offshore Norway. But unlike this year, the 2018’s exploration focus doesn’t involve looking for…
The Biggest Oil Producers Flying Under The Radar
This post covers recent C&C production and future prospects, with a bit on gas, for several mid-size non-OPEC producers. A few have been omitted (e.g. Canada, Kazakhstan, Egypt, UK) for…
Egypt Takes Giant Step Towards Energy Independence
The first flow of gas from the offshore Zohr gas field, located 200 km north of Port Said, is expected in December, according to government officials. Speaking in October,
This Tiny Moon Has More Oil & Gas Than Earth
Imagine a place with hundreds of times more natural gases and other liquid hydrocarbons than all of the known oil and gas reserves on our bountiful planet. As it turns…
Nord Stream 2 Pipeline Becomes Less Plausible
A U.S. diplomat has dismissed the idea that the controversial Nord Stream 2 pipeline will ever be built. Speaking to European journalists in a telephone briefing on November 29, Deputy…
The Man Behind The Oil Rally
The OPEC meeting is over and the cartel has extended production cuts throughout 2018. The decision is obviously crucial to supporting oil prices, but perhaps an even bigger story…
Two Tactics For Trading “Off the Chart”
Oil’s sustained rise over the last six months has created an interesting dilemma for many traders. It has taken WTI, for example, to levels not seen since April of 2015,…
OPEC Relentlessly Pursues Higher Oil Prices
Friday December 1, 2017 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 December 1st 2017
OPEC and its partners in the Vienna Club agreed to extend their oil production cuts to the end of 2018 – a widely expected move despite doubt about Russia’s willingness…
Hedge Funds Hold The Cards For The Next Move In Oil
January West Texas Intermediate crude oil futures are showing a muted response to the news that the OPEC-led group agreed to extend their production cuts in a widely expected move…
Venezuela Is Losing Its Best Oil Buyer
Venezuelan president Nicolas Maduro said this week that PdVSA is willing to retaliate against financial sanctions from the U.S. by suspending oil exports to the country, sending crude to…
OPEC Extension Sends Oil Prices Soaring
Oil markets' initial reaction to yesterday's OPEC news was rather dull, however oil prices saw a sharp spike on Friday morning as the bulls returned to the mix.
Oil Rig Count Rises After OPEC Deal Extension
A day after OPEC extended the already-extended production cut deal to end-2018, oil and gas rigs in the US climbed by 6. The boost to the number of oil…
Goldman: Oil Markets Are Nervous For No Reason
The extension of the OPEC/non-OPEC production cut pact through to the end of 2018, and especially the fact that the cartel and allies included an option to review progress in…
Russia Ups Oil Price Forecast For 2018
Russia’s Economy Ministry will increase its forecast for the price of the country’s Urals oil blend for 2018, following the extension of the OPEC/non-OPEC production cut agreement extension, announced yesterday…
U.S. Shale To Surge After OPEC Extension
Just as expected: OPEC and the group of non-OPEC countries led by Russia extended their production cuts for an additional nine months through the end of 2018. “It’s been…
How Big Oil Is Transforming Shale
Shale drillers have successfully lowered their breakeven price over the past several years, but the industry is looking for more ways to cut costs. The oil majors are investing in…
Visualizing OPEC’s Success
The mood in Vienna this week is considerably more chipper than it was in June. This is because the cartel appears - in the words of Charlie Sheen - to…
BREAKING: OPEC Agrees To 9-Month Extension Of Oil Production Deal
OPEC talks ended in Vienna on Thursday with an agreement to extend the production cut deal through the end of 2018, a delegate told Reuters. According to earlier reports, while…
U.S. Asks China To Cut Off Oil Supply To North Korea
China should cut off North Korea’s access to crude oil following the latest missile launch from Pyongyang, and Washington has asked it to do just that, the U.S. ambassador to…
