 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 20 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 • 4 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 20 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 20 hours | 89.20 | -0.10 | -0.11% | ||
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Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 12 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 12 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 12 hours | 85.30 | -0.05 | -0.06% | ||
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Central Alberta • 12 hours | 75.70 | -0.05 | -0.07% |
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Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
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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% |
Uncertainty Drives Investors to Oil Stocks
The reason that investors have…
U.S. Shale Oil Production Growth Is Slowing Down
When the illusion of unending…
China Exports Gasoline Using Blockchain In Unprecedented Move
China’s Sinochem Energy Technology Co has…
Energy
Ghana Looks To Ramp Oil Production
Ghana, one of Africa’s democratic standard bearers, is a relative newcomer to the oil sector. Having surpassed oil development’s teething problems, it has remained highly committed not to scaring foreign…
OPEC Concedes That U.S. Shale Won’t Die
OPEC just significantly overhauled its expectations for North American shale, projecting strong supply growth through the early 2020s. The revision came as part of OPEC’s World Oil Outlook (WOO),…
EU Aims To Reform World’s Biggest Carbon Market
The buzzword in the Brussels energy and climate bubble is 450, a number that is dividing European Union lawmakers and making coal-dependent Poland fume over upcoming reforms to the…
Saudi Conflict Sends Investors Back To Oil Stocks
By far, the most important news to the global energy markets this week were the arrests in Saudi Arabia. Others in the media will talk of this in political…
Saudi News Shifts The Long-Term Prospects for Oil
I have mentioned a few times here that I believe that one of the keys to understanding short-term moves in financial markets is to understand that traders overreact. When your…
Don’t Rule Out An Oil Price Downturn
Friday November 10, 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 November 10th 2017
Saudi Arabia was in the spotlight this week, after a string of arrests on corruption allegations and muscle flexing in the direction of Iran. The so-called anti-corruption sweep toppled former…
Oil Markets Await Catalysts As Rally Halts
This week’s price action in the crude oil, unleaded gasoline and natural gas markets had one thing in common. They all featured the return of volatility. Both the fundamentals and…
“End Of Oil” Narratives Are Misleading
The world isn’t reinventing the wheel. But we are changing how it turns, who it carries and where it’s going. Over the next few decades we’ll be plugging in more…
Are Oil Markets Immune To U.S. Shale?
Oil prices pulled back slightly following the release of the Baker Hughes rig count report, but geopolitical risk still remains, and with the assumption that OPEC will extend its production…
Oil Pulls Back After U.S. Rig Count Sees Significant Increase
Baker Hughes has reported that the number of oil and gas rigs in the United States rose this week, bucking the downward trend of recent weeks. The number of oil…
Paradise Papers Reveal U.S. Selling Russian LNG In Europe
The new massive data leak that has been making headlines for several days now has revealed that a company with U.S. ownership has been buying Russian gas and selling it in…
OPEC's War Against Shale Is Far From Over
Despite the recent market rally and current bullish streak in oil prices, the years-long competition for market share between OPEC and U.S. shale producers shows no sign of abating, and…
Is OPEC Deal Compliance About To Crash?
OPEC is declaring victory in its efforts to rebalance supply and demand and bring the oil market back to stability—its favorite proxy buzzword for less volatile and relatively high oil…
Oil Drillers Reopen The Fracking Debate
The fracking debate reached its zenith a few years ago, with the industry largely winning the war over environmentalists. Since then, tens of thousands of wells have been drilled across…
Venezuela Just 24 Hours Away From Formal Declaration Of Default
Less than a week after Venezuela shocked the world by announcing it would proceed to restructure its massive external debt, even as it was within the grace period on hundreds…
The U.S. Export Boom Goes Beyond Crude
The U.S. export boom continues apace. And not only from crude exports, which clambered above 2 million barrels per day in recent weeks, but from the product piece of the…
Oil Refining Could Become Much Less Lucrative
If the world gets serious about cutting greenhouse gas emissions, the global refining industry will be forced to contract. That may seem like an obvious conclusion, but a new…
Is Saudi Arabia Lying about Its Oil Inventories?
Saudi Arabia’s reports about declining crude oil inventories were instrumental in the buildup of trust on the market that OPEC’s—and the Kingdom’s specifically—efforts to rebalance crude oil’s fundamentals were working.…
Can We Expect An Oil Price Correction Soon?
Oil prices touched a more than two-and-a-half-year high this week, but have faltered mid-week. Market sentiment is more bullish than it has been in a long time, but the risk…
