 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 17 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 • 1 hour | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 17 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 17 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 8 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 8 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 8 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 8 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% |
U.S. Shale Oil Production Growth Is Slowing Down
When the illusion of unending…
Oil Moves Down on Crude Inventory Build
Crude oil prices moved lower…
Tanker Markets Set to Soar As ‘Final Frontiers’ Heat Up
The tanker market is likely…
Energy
Where To Invest After The Hurricane
It should go without saying that the events in Houston and the surrounding area this week have been tragic in human terms. Many lives have been lost and many more…
The Aftermath Of Hurricane Harvey
Friday September 1, 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 1st September, 2017
Hurricane Harvey has taken out about a quarter of the United States’ crude oil refining capacity, after the country’s biggest refinery, Motiva’s Port Arthur facility, began shutting down Wednesday. This…
Crude Crumbles On Demand Concerns As NatGas Buyers Fear Supply Squeeze
U.S. October West Texas Intermediate crude oil posted its steepest monthly loss in more than a year on demand concerns after hurricane damage and floods knocked out a quarter of…
Harvey Upends Global Oil And Product Flows
- Harvey dominated trading this week with downside blowouts in WTI time spreads and WTI/Brent arbs while product spreads and crack margins spiked to multi year highs. Consensus estimates saw…
Oil Prices Sag As Gasoline Prices Peak
The effects of Hurricane Harvey have sent the energy markets into chaos, with gasoline prices soaring and oil prices slipping. (Click to enlarge)
U.S. Oil Rig Count Flat Despite Hurricane Harvey
The number of active oil and gas rigs in the United States rose this week by 3 rigs, largely dispelling earlier analyst notions that Hurricane Harvey would delay as…
Has Iraq Stopped Cheating On The OPEC Deal?
OPEC’s no.2 Iraq is currently producing 4.32 million bpd of oil, below the 4.351 million bpd ceiling it had pledged in the production cut deal, Iraq’s Oil Minister Jabbar Al-Luaibi…
Oil Prices Slide Despite Falling OPEC Exports
Saudi Arabia stuck to its promise to further cut crude oil exports in August to 6.6 million bpd, bringing OPEC’s total for the month to 25.897 million barrels daily, energy…
Looming Gas Shortage: “Imports Can’t Make Up For This”
The East Coast will start feeling the effects of Hurricane Harvey as the gasoline supplied from the Gulf Coast starts to dry up. One of the most important pipelines that…
How Long Can U.S. Refineries Remain Offline?
When Hurricane Harvey blew into Texas last weekend, it dumped more than 30 inches of rain, flooding Houston and large areas of southeastern Texas, while leaving thousands homeless or without…
Iraq’s Solution To Lower For Longer Oil Prices
OPEC’s second-largest oil producer, Iraq, has never hidden the fact that it wants to get the highest possible revenues from its oil. It even pleaded exemption from the cartel’s cuts…
Are Libyan Oil Production Gains History?
In addition to the negative repercussions of hurricane Harvey, which heavily impacted the Gulf of Mexico oil and gas production and petrochemical plants, global oil markets are facing disruptions from…
Russian Energy Unaffected By U.S. Sanctions
President Trump signed an array of sanctions against Russia, Venezuela, and North Korea, with those against Russia specifically targeting the country’s energy industry. The idea of sanctions, theoretically, is to…
Can Mexico Capitalize On This Golden Oil Opportunity?
As the political and economic climate in Venezuela continues to deteriorate and oil output sinks to new lows, a production vacuum is opening up in the Caribbean. Seeing an opportunity…
Russia’s Comeback In The LNG Race
In a little more than a month’s time, Russia will formalize its claim for a bigger role in the ever-expanding global LNG market. Early October, when the Yamal LNG will…
U.S. Taps Strategic Petroleum Reserve After Hurricane Harvey
U.S. Secretary of Energy Rick Perry authorized on Thursday an emergency release from the Strategic Petroleum Reserve (SPR) of 500,000 barrels of crude oil after Hurricane Harvey disrupted the…
Gasoline Shortages Loom On East Coast As Colonial Pipeline Shuts Down
The destruction Hurricane Harvey leaves in its wake has prompted the shutdown of a major fuel artery to the East Coast, the Colonial pipeline. The pipeline, which has a…
Hurricane Harvey Is A Disaster For OPEC
The skies are clearing over Houston, but the damage from the remaining elements of Hurricane Harvey has spread east to Port Arthur and Lake Charles along the Texas-Louisiana border. That…
Failed Oil Price Recovery Slams Energy Stocks
The oil price recovery that analysts and investors were expecting early this year have failed to materialize, battering the energy sector stocks in 2017. Shares of energy companies are set…
