 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 13 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 20 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 20 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 20 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 20 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% |
A Rarely Used Technique Could Double U.S. Grid Capacity
A rarely used technique called…
Breakthrough Paper-Based Battery Design Draws Inspiration from Plants
Researchers at Tohoku University have…
OPEC Expects Solid Global Oil Demand This Summer
OPEC expects strong oil in…
Energy
Oil Prices Are Where They Should Be
WTI oil prices plunged to almost $45 per barrel yesterday (Figure 1). That was a downward adjustment to where prices should be based on supply, demand and inventory fundamentals.
OPEC’s Influence Is Fading.. But Don’t Count It Out Yet!
Conventional wisdom among those that follow energy markets and oil in particular is that OPEC is not what it once was. For a few decades the cartel of oil producing…
U.S. Oil And Gas To Contribute $1.9 Trillion To U.S. GDP By 2035
Since U.S. oil production started recovering at the end of 2016, coinciding with a pro-oil administration entering the White House, industry bodies and analysts have been projecting that the U.S.…
Could Oil Drop To $42?
The 5 percent selloff in oil prices on May 4 serves as a painful reminder that the oil market is still woefully oversupplied. But why such a deep and…
How Much Further Could Oil Prices Fall?
Perma bears and perma bulls share one thing in common: they both can enjoy their Andy Warhol-inspired 15 minutes on the stage and believe at the end of their careers…
Coal Just Can’t Compete, Despite Trump’s Promises
Though energy experts have been predicting the death of the U.S. coal industry for years, West Virginia shows no signs of giving up. Revenue Secretary Dave Hardy announced on Wednesday…
$44 Trillion Needed To Keep Up With World’s Energy Demands
So far in 2017 a number of global energy experts and commodities watchers have looked beyond the current reporting period and they see a growing long term demand for oil…
Azerbaijan Could Emerge As A Natural Gas Power Powerhouse
Back in 1994, when the so-called “Contract of the Century” was signed, forming an international partnership to develop the giant Azeri-Chirag-Guneshli (ACG) oil field, lots of experts believed that…
U.S. Oil Producers Becoming Increasingly Self-Destructive
It’s absolutely maddening watching the first quarter results float in from the large cap energy companies. And the one image I continue see in my mind that I can’t shake…
OPEC Is Not What It Was But Can Still Be An Influence
Conventional wisdom among those that follow energy markets and oil in particular is that OPEC is not what it once was. For a few decades the cartel of oil producing…
Oil Majors See Cash Flow Improve Amid Tighter Crack Spread
Friday May 5, 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 5th May 2017
Politics, Geopolitics & Conflict • North Korea is using its state news agency to lash out at China for media reports suggesting Beijing might want to take a tougher stance…
Hedge Funds Pull The Rug Out From Under The Market
June crude oil futures plunged on Thursday and closed in a position to do further damage to the charts as investor worries over the global supply glut essentially wiped out…
The Herd Theory: Why Oil Prices Tanked This Week
-We’re viewing this week’s flat price damage as a function of bullish frustrations and momentum chasing rather than new bearish fundamental revelations. In short, we think the market became impatient…
Oil Prices Crash And Rebound After Technical Selloff
Oil prices crashed on Thursday before bouncing back in trading on Friday, suggesting that the crash was due more to a technical selloff rather than disappointing fundamentals.Friday, May…
16th Straight Build In Oil Rig Count Increases Pressure On Oil Prices
The number of active oil and gas rigs in the United States rose by 7 on Friday, according to oilfield services provider Baker Hughes, delivering a severe blow to oil…
Oil Prices Turn Corner After WTI Dips Below $45
After passing the ever-important psychological US$50-a-barrel threshold in a downward direction earlier this week, international benchmarks continued their slide on Tuesday, with Brent crude hitting a new low of
Why Are The Oil Markets Crashing?
WTI and Brent continued to tumble on Thursday, dropping to their lowest levels since the announcement of the OPEC deal back in November. Brent actually dipped below $49 per barrel,…
Tech Breakthroughs May Save Deepwater Oil
Deepwater drilling was more deeply wounded by the oil price crash than conventional and shale onshore drilling. As the global oil and gas industry is slowly turning the corner, it…
The Oil Crisis: An Ice Cream-Flavored Asteroid?
Once energy executives start waxing lyrical about an otherwise unwelcome event or development, it’s clear that this event or development has lost its destructive effect. In the case of oil…
