 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 19 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 • 3 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 19 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 19 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 11 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 11 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 11 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 11 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% |
Low Natural Gas Prices Curb U.S. Oil Production Gains
U.S. oil companies are not…
Biden’s LNG Pause Could Have a Significant Impact On Global Energy Security
The Biden administration's decision to…
3 Oil & Gas Stocks Most Sensitive To Oil Price Swings
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Energy
Oil Prices To Stay Low If Global Credit Impulse Turns Negative
For some time I have explored the relations in developments for total debt [private and public], interest rates, Gross Domestic Product (GDP) energy consumption and thus also the oil price.…
Expansion And Diversification: Papua New Guinea’s Energy Sector
Rising demand and a need to boost connectivity to the national grid are driving rapid expansion in Papua New Guinea’s electricity sector, with a range of sources tapped to…
Tropical Storm Cindy Cripples Gulf Of Mexico Oil Production
Tropical storm Cindy—which made landfall in southwest Louisiana on Thursday and is moving northeast across the U.S.—has shut in around one-sixth of the Gulf of Mexico oil production and is…
What To Do As Oil Prices Plunge?
Everyone is scrambling for a new plan now --- now that oil is in its third mini-bust since the major bust cycle that began in 2014.
SPR Selloff Hits The Markets At The Worst Time Possible
Quick question, who has sold just over 11 million barrels of crude oil into the market since the beginning of March? Answer: The United States Strategic Petroleum Reserve ("SPR"). Many…
Will Shale Keep Booming At Low Oil Prices?
Friday June 23, 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…
Are We About To See A Short Covering Rally In Oil?
August Crude Oil Futures Profit-takers and bargain-hunters are helping to prop up crude oil prices from 10-month lows late in the week. Aggressive counter-trend investors may be buying relatively cheap…
Expert Commentary: Is An Oil Comeback On The Cards?
- 2Q’17 wasn’t supposed to go like this! Heading into the spring the broad consensus in the oil market was that aggressive global inventory draws would move WTI into the…
All Eyes On OPEC As Oil Prices Sink
Oil prices have been falling throughout the week, hitting a 10-month low on Wednesday, but Friday trading has seen a slight recovery. (Click to…
U.S. Oil Rig Count Rises For 23rd Week In A Row
The number of active oil and gas rigs in the United States rose again this week by 8—marking 23 weeks of gains and continuing to press upon battered markets…
Largest East Coast Pipeline Reveals Demand For Gasoline Is Crashing
There's a reason this week's EIA survey showing gasoline and oil supplies declining has failed to stop RBOB prices from collapsing to 7-month lows: The start of the summer has…
OPEC Oil Basket Falls Below WTI
The price of OPEC’s oil basket, which is made out of 14 different blends, fell to US$42.58 a barrel yesterday, below the closing price of West Texas Intermediate for…
Saudi Reshuffle Could Completely Shake Up Oil Markets
The power restructuring in Saudi Arabia this week led to the elevation of 31-year-old Mohammed bin Salman to crown prince, essentially ensuring that he will become the youngest king…
Underperforming Energy Sector May Soon See M&A Wave
Struggling oil prices in recent weeks have battered energy stocks and energy exchange-traded funds (ETFs) that have already been underperforming the market so far this year. Analysts reckon that over…
Once Again, Tensions Are Rising In Nigeria’s Oil Sector
On 2nd May 2017, Nigeria’s House of Representatives rejected a motion requesting that the House compel international oil companies (IOCs) to relocate their headquarters to the Niger Delta. The initiative…
China Aims For Market Share In African Refining Sector
On 22 March 2017, Sinopec agreed a deal to buy out Chevron’s downstream businesses in South Africa and Botswana, in China’s first major investment into the downstream oil industry in…
Downplaying Energy: Will The Trend Continue?
Since the trough in the Great Recession, the world economy has recovered smartly. But according to the latest calculations from energy giant, BP, global energy usage has not kept pace…
Macquarie: OPEC Deal To Collapse In 2018
OPEC’s production cut deal is unlikely to survive beyond its current deadline in March 2018, with the agreement seen falling apart towards the middle of next year, in which case…
High Costs Are Pushing Investors Away From The Permian
High acreage costs beginning to affect economics in the Delaware The Permian has enjoyed a rush of capital since oil prices began to recover from a low of $26.21 in…
Is There Still Hope For Higher Oil Prices?
Oil prices have cratered in recent weeks, dipping to their lowest levels in more than seven months and any sense of optimism has almost entirely disappeared. All signs point to…
