 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 35 mins | 2.772 | +0.014 | +0.51% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 23 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 23 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 23 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 23 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
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Energy
A New Era In The Oil Industry
Friday November 3, 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 3, 2017
Venezuela narrowly escaped a debt default this week after making a last-minute payment on a $1.2-billion bond that was due last Thursday. The payment, to the tune of $842 million,…
How To Play The WTI Rally
January West Texas Intermediate crude oil futures are in a position to post another strong close on the weekly chart. Speculation that the OPEC-led program to cut production, trim the…
Is $60 The New Floor For Oil Prices?
Positive sentiment continues to drive oil markets as the OPEC meeting nears and U.S. oil rigs continue to decline. Oil prices have maintained their gains and are showing signs of heading even…
The Radical Transformation Of U.S. Oil Imports
Last week we discussed how flows from Saudi Arabia into the U.S. were about to be surpassed by Iraq for the first time since 1985 (teeing up Back to the…
WTI Soars As U.S. Oil Rigs See Biggest Decline Of The Year
Baker Hughes has reported that the number of oil and gas rigs in the United States fell for yet another week, this time dipping 11 rigs—most of which was…
Big Oil CEO Slams Saudi Energy Reform
Total’s chief executive Patrick Pouyanne has warned that Saudi Arabia’s social and economic reforms might be a bit too ambitious, and might not go as smoothly, not to mention as…
Will The Third Great Energy Revolution End The Oil & Gas Industry?
The history of crude oil and natural gas is a history of technological innovation. Until recently the innovation supported crude oil and natural gas. Now, it challenges it, causing structural…
The Remarkable Recovery Of Big Oil
Royal Dutch Shell kept the party going this week, reporting a huge jump in profits for the third quarter. It is something of a clean sweep for the oil…
Is This The Cure To Saudi Arabia’s Oil Curse?
Saudi Arabia plans to start issuing tourist visas soon in a bid to boost its tourism and diversify its economy that is heavily dependent on oil revenues. “Tourist visas will…
Russian LNG Unfazed By U.S. Sanctions
Russia’s energy industry faces a new round of U.S. sanctions—including on oil projects in any location if a designated entity holds more than 33 percent. And in Europe, where…
BP Boosts The Bullish Case For Oil
BP is buying back shares the company issued to cover its dividend payout amid the oil price crash. The news was widely seen as a clear indication that one…
Why Did Tesla’s Stock Crash?
Tesla, Inc. has been keeping its word on hitting Model 3 production targets and financial goals – at least compared to what happened with the delayed schedules of the luxury…
Why Are The British Paying So Much For Energy?
Early this year, British politicians upset by the UK's high electricity prices, commissioned a study, the Cost of Electricity Review. There is an irony here. High electricity prices are in…
Can Nigeria Achieve Its Zero Oil Agenda?
The Nigerian National Petroleum Company (NNPC) is a cash cow. It attracts the highest earnings for the country, at least for now, until the Zero Oil Agenda goal to wean…
U.S. Oil Exports Hit A Record High
Crude oil exports from the United States hit another record last week, at 2.133 million bpd, as production also continued growing, the Energy Information Administration said. This is the…
Why Oil Bulls Are Running Rampant
Brent crude has successfully consolidated its position above $60 per barrel this week, and WTI is approaching $55 per barrel, which would be the highest oil price in more than…
OPEC vs. U.S. Shale: The Battle For Asian Market Share
Early in October, OPEC’s chief, Mohammed Barkindo, appeared to be unfazed by growing U.S. crude oil shipments to OPEC’s key market, Asia. The official said he expected OPEC exports…
The Oil Company That Lost $800 Billion In Shareholder Value
China’s biggest oil and gas producer PetroChina debuted on the Shanghai stock exchange in November 2007, becoming the first $1-trillion company in the world. Ten years later, almost to…
Coal Prices Soar As Demand Heats Up
Coal prices are on the rise again. With benchmark rates in Australia up over 30 percent since July — approaching the $100/t mark that prevailed in November 2016 after a…
