 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.739 | +0.004 | +0.15% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 3 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 3 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 3 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 3 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Javier Blas: 10 Things Oil Traders Need to Know About Iran's Attack on Israel
Javier Blas analyzes the impact…
Biden Administration's SPR Plans Derailed by Oil Price Surge
The Biden Administration cancels planned…
Uncertainty Drives Investors to Oil Stocks
The reason that investors have…
Energy
This Oilfield Services Company Is A Buy
This morning, oilfield services giant Schlumberger (SLB) announced results for Q2 2017. SLB has dropped around twenty-five percent since the beginning of the year as the effects of the capex…
The Gasoline Glut Is Almost Gone
Friday July 21, 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 21st July 2017
Ecuador has announced plans to start increasing its oil output, effectively breaking off its engagement with OPEC in the cartel’s production cut deal. Ecuador is a small producer and it…
Strong Short Sellers Dominate Crude Markets
Crude oil and natural gas futures posted similar moves this week. Both markets surged to the upside to levels not seen since June. Both of their rallies came close to…
OPEC Deal At Breaking Point As Compliance Falls
WTI has traded in a $3.90 range so far in July ($43.65 / $47.55) and the sideways price action has lead to waning market enthusiasm for bulls, bears and option…
Daily OPEC Oil Prices Now Public For The First Time Ever
Despite the oil industry being arguably the most vital and influential sector in the world, the average member of the public knows relatively little about its inner workings. Oil prices…
Oil Prices Slip On Falling OPEC Compliance
Oil prices fell on Friday after preliminary reports showed that OPEC’s July output has increased once again while deeper cuts remain unlikely (Click to…
U.S. Oil Rig Count Falls By 1 As Canada Adds 15 Rigs
The number of active oil rigs in the United States fell this week by 1 rig—it’s second loss in four weeks, and its third loss this year—in a sign…
Saudis Cut Oil Exports To U.S. To Seven-Year Low
Saudi Arabia is following through on cuts to its crude oil exports to the United States, weekly EIA crude import data show, after Riyadh stated a couple of months ago…
OPEC Meets Next Week To ‘Fix’ Compliance Problem
Kuwait’s Oil Minister Essam al-Marzouq has delivered an anticlimactic statement regarding the upcoming OPEC ministerial meeting in St. Petersburg: the ministers will discuss compliance levels with the November oil output cut…
Why Oil Prices Aren’t Going Anywhere
The most recent report on the U.S. oil market offers a mix of data, providing ammunition for both oil bulls and bears alike. One can find whatever they want in…
Could The Gulf Dispute Actually Help Iran?
The on-going diplomatic feud in the Persian Gulf pitting Qatar against a coalition of Arab states led by Saudi Arabia has already disrupted regional affairs to a significant extent: economic…
Is Big Oil Betting On The Wrong Horse?
Many oil majors have steered their strategies and investments into natural gas, aiming to seize the projected global gas demand growth as the world shifts away from coal-fired power generation.…
The Abrupt Demise Of Dutch Gas
The largest and oldest-producing gas field in Western Europe, the Groningen field, is on the verge of being shut down. If that happens, it will entail the tumbling of Netherlands'…
Why Oil Prices Can’t Gain Traction
Despite U.S. oil stocks falling 7.6 million barrels, the biggest drop since September, a recent Financial Times article reports, quoting U.S. Energy Information Administration data, that the oil price is…
U.S. Fines Exxon For Violating Russia Sanctions Under Tillerson
The U.S. Department of the Treasury said on Thursday that it is imposing a US$2-million civil monetary penalty against ExxonMobil and some of its subsidiaries for having breached Ukraine-related…
Permian Oil Reserves Are Grossly Exaggerated
We are entering a new age of American energy dominance according to Energy Secretary Rick Perry. President Trump reflected that view in comments he made last week that “…we’ve got underneath…
“Dirty, Difficult, And Dangerous”: Why Millennials Won’t Work In Oil
Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry,…
Will Eni’s Arctic Efforts Be Profitable?
Arctic oil drilling may be controversial and expensive—and is generally not a top priority in the energy industry—but Italy’s energy major Eni begs to differ. The company last week received…
Saudi Crude Inventories Continue To Decline
Saudi Arabia reported a progressive decline in domestic crude stocks for 16 of the 19 months between November 2015 and May 2017, according to a new report by Reuters.…
