 |
WTI Crude •2 days | 52.36 | -1.21 | -2.26% |
|
Brent Crude •1 day | 55.10 | -1.32 | -2.34% |
 |
Natural Gas •2 days | 2.737 | +0.071 | +2.66% |
|
Mars US •2 days | 53.11 | -1.51 | -2.76% |
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Opec Basket •3 days | 55.19 | -0.62 | -1.11% |
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Urals •25 days | 42.22 | +0.00 | +0.00% |
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Louisiana Light •3 days | 55.57 | +0.56 | +1.02% |
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Marine •2 days | 55.42 | -0.19 | -0.34% |
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Murban •2 days | 55.53 | -0.35 | -0.63% |
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Iran Heavy •2 days | 50.99 | -0.86 | -1.66% |
|
Basra Light •2 days | 56.77 | -1.07 | -1.85% |
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Saharan Blend •2 days | 54.43 | -0.75 | -1.36% |
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Bonny Light •2 days | 54.33 | -0.81 | -1.47% |
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Canadian Crude Index •12 days | 39.41 | +1.59 | +4.20% |
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Western Canadian Select •2 days | 42.57 | +1.06 | +2.55% |
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Canadian Condensate •2 days | 52.57 | +0.66 | +1.27% |
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Premium Synthetic •2 days | 53.97 | +0.66 | +1.24% |
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Sweet Crude •2 days | 48.57 | +0.46 | +0.96% |
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Peace Sour •2 days | 47.32 | +1.06 | +2.29% |
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Louisiana Light •3 days | 55.57 | +0.56 | +1.02% |
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Domestic Swt. @ Cushing •2 days | 48.75 | -1.25 | -2.50% |
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Giddings •2 days | 42.50 | -1.25 | -2.86% |
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ANS West Coast •4 days | 56.80 | -0.43 | -0.75% |
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West Texas Sour •2 days | 46.31 | -1.21 | -2.55% |
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Eagle Ford •2 days | 50.26 | -1.21 | -2.35% |
Goldman Finds Unexpected Source Of Demand For 1 Million Bpd Of Oil
Having recently turned even more…
Should You Follow Buffett's Energy Strategy Into 2021?
Legendary investor Warren Buffett has…
The Next 5 Days Could See A Buying Spree In Oil Futures
The annual five-day rebalancing of…
Energy
Peak Oil – Scaremongering or Soon Reality?
As pointed out in previous reports we think that the maximum global production of conventional oil could soon be reached. There is no doubt that peak oil is more than…
How to Live in a World with Declining Oil Production
We don’t know precisely how oil supply will work out, but if it declines quickly, we need to think about how we can deal with such an outcome. A quick…
Current Oil Prices are Simply a Money Grab and Fear Trade
Oil is selling higher than it should do. Speculation is just one of the reasons, but a significant one. After being bailed out, pardoned for their crimes, and otherwise given…
High Oil Prices are Not here to Stay
One hundred dollar oil sends a shiver through the economy. One hundred ten dollar oil gets consumer reactions. If oil prices stay climbing the consuming economic players will respond with…
Spread Between WTI and Brent Should Decrease in the Medium Term
The spread between WTI (NYMEX) and Brent (ICE) has seen a drastic widening recently. Historically speaking, WTI tends to trade USD 1.30 higher, but currently Brent exceeds WTI by USD…
What will Saudi Arabia do?
One key question in determining the impact of instability in Libya and elsewhere on world oil markets is how much other countries can and will increase production to offset the…
China's Five Year Energy and Emissions Plan
China has set conservative targets for reducing energy use and cutting carbon emissions in its 12th five-year plan – and will reveal the policies to achieve them next week. Chinese…
Will Oil Price Increases Trigger the Next Recession?
The following chart illustrates the global economic slump in 2008. The Baltic Dry index is the benchmark index for global freight rates of bulk goods (among others iron ore, copper,…
China and Brazil Leading Energy Infrastructure Investments in Latin America
Colombia’s announcement that China plans to build a railroad to serve as a canal alternative received widespread media coverage last month. However, the proposal is simply the most high profile…
Oil Reserves, Fracking and Gap Oil
Oil production is somewhat confounded by the reference more lately to “liquids” rather than “oil”, which includes hydrocarbons that are recovered, sometimes in great quantity, from natural gas wells, which…
Oil Production Fears Increase as Unrest Spreads to Oman
There are reports that the unrest in the Middle East has spread to the Sultanate of Oman. While at the moment there have been only one or perhaps two deaths,…
Methane Bonanza: What To Do With All the Gas?
A wealth of unconventional methane is exploding onto the energy scene, much to the dismay of dieoff doomers, Russian energy tsars, and carbon hysterics. But what is the world to…
Are Fossil Fuels Necessary for our Future Civilization?
Most people imagine the future to be a place of plenty where energy is abundant and cheap, where every door is an automatic door and, most important, all of the…
Why Oil Will Peak on Friday
Texas tea has undergone the perfect storm over the past month, with the Middle Eastern dominoes falling one by one. It was the worst case scenario times five, and all…
Oil Prices are Heading Higher as Middle East Troubles are Far From Over
“there’s so much unrest that one can actually sense or imagine unknown nano-particles of rage colliding in mid-air...” (Source: a private person who screens Middle East media for me and…
Peak Oil, The Middle East and Western Civilizations Sandy Foundations
Political tensions in the Middle East once again remind us of the fragile dependency of the Western nations on imported petroleum, which have driven the price of a barrel of…
Are Electric Planes the Future of Aviation?
During an average week, I will see a few ideas that at first glance appear to be a little crazy. On second glance, some of them still seem crazy, but…
The Largest Risk to the US Economy Today is an Oil Shock – Awareness of this Risk is Minimal
Steve Kopits, Managing Director of Douglas-Westood consulting firm, made a presentation called “Oil, the Economy, and Policy” to the US House of Representatives Energy Subcommittee recently that I thought was…
Obama Attempting to Talk Down High Oil Prices
Civil war in Libya. A regime change in Egypt. Growing unrest in Bahrain and Yemen. Protests in Iran. And growing anxiety over the contagion of civil uprising in places like…
Could a Variable Oil Tax Make this the Last Oil Price Shock?
It must be Groundhog Day. Events in Libya have pushed world oil prices over $100 a barrel yet again. Retail gasoline prices, usually low this time of year, are at…
