 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 23 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 • 7 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 23 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 23 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 14 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 14 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 14 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 14 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% |
Rising Middle East Risk Sparks Fear of $100 Oil
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Shell Considers Leaving London Stock Exchange
Shell's CEO has expressed dissatisfaction…
Conflicts Could Put West Africa's Oil Supply At Risk
Potential spillover of conflicts to…
Energy
Are Oil Stocks Close To A Breakout?
If you’ve got a core energy stock portfolio like me, you’re mostly deployed right now, waiting for the continued re-balancing of the oil market that even the IEA now…
Natural Gas: Fading the Weather
Traders have a tendency to become obsessed with news and data. When you sit in a room all day trying to predict the next movement in something that is inherently…
Shale Industry Cuts Rigs As Shareholder Pressure Mounts
Friday October 13, 2016 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 13th October 2017
October 13 is D-Day for the major European companies that have forged new geo-economic territory by cutting deals with Iran. On the 13th October, Trump will decide whether he’s going…
Are Oil Markets Ready To Rally Again?
U.S. West Texas Intermediate and internationally-favored crude oil futures are trading higher for the week as investors prepared for the release of weekly inventories data from the U.S. Energy Information…
Oil Prices Spike On Middle East Tensions
Oil prices rose on Friday on bullish data from China showing an uptick in oil imports by 1 million barrels per day in September, from a month earlier. On top…
Saudi Arabia Looks To Shelve Aramco IPO
Oil giant Saudi Aramco is thinking about reneging on its much talked about plans to publicly list a 5% stake in the company, Financial Times sources said on Friday.…
Oil Prices Rise As U.S. Rig Count Drops
The number of active oil and gas rigs in the United States decreased this week by 8 rigs. The total oil and gas rig count in the United States…
Mass EV Adoption Could Lead To $10 Oil
The adoption of electric vehicles (EVs) could lead to global peak oil demand as soon as 2023, which will result in oil prices crashing to $10, Chris Watling, CEO &…
IEA: Oil Prices To Hit A Ceiling In 2018
The global oil market continues to make progress, but the ongoing production gains from non-OPEC countries will probably act as a “the ceiling for aspirations of higher oil prices” in…
The New Challenger To Lithium Batteries
With the EV market about to explode and the European Union planning a battery-making consortium to bring the continent onto the global EV battery scene, Stanford researchers released a…
Goldman Sachs: Inventory Drawdowns Will Not Continue
The September oil price rally was predicated on improving oil market fundamentals, bolstering confidence that the rebalancing process was accelerating. But the inventory declines reported in the third quarter might…
The Next Big Digital Disruption In Energy
Until recently, the energy industry was mostly associated with roughnecks, gushing greasy dirty oil, and centralized electricity distribution systems. But the digital revolution and technological advances have made even the…
Footloose Iraq Cannibalizes Saudi Market Share
Saudi Arabia continues to lead the charge in terms of the OPEC production cut deal - not only by keeping exports in check, but also by clearly communicating its next…
Draw In Crude Inventories Lifts Oil Prices
EIA today reported a 2.8-million-barrel draw in U.S. crude oil inventories for the week to October 6, lifting market spirits further amid higher oil demand growth projections from OPEC…
Oil Prices Poised To Rise In Early 2018
Oil prices will be lower for longer—that is the conventional wisdom. Data suggests, however, that oil supplies are tightening and that higher prices are likely in the relatively near-future. Refined Product…
Is The War On Coal Really Over?
“The war against coal is over.” That was the claim from EPA chief Scott Pruitt ahead of his announcement that he would rewrite a signature climate change program from the…
How OPEC Continues To Cheat On Its Own Deal
All data below is based on the latest OPEC Monthly Oil Market Report.All data is through September 2017 and is in thousand barrels per day.…
Russia Gets Foothold In The World’s Hottest NatGas Discovery
Chinese E&P major Sinopec reportedly put its Argentina assets up for a $1 billion sale this week. With one of the interested buyers said to be Russia’s Rosneft. And that latter…
Rising OPEC Production Weighs On Oil Prices
After a brief respite in August, OPEC oil production rose once again in September, to 32.75 million bpd, up 88,500 bpd from the previous month, the cartel…
