 |
Louisiana Light • 3 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 177 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 days | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 2 days | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 2 days | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 2 days | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 2 days | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 2 days | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 3 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 3 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 3 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 4 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Israel Claims to Have Dealt a Serious Blow to Hezbollah
Israeli authorities claimed to have…
Oil Price Volatility Soars Amid Geopolitical Uncertainty
Oil price volatility has climbed…
U.S. Shale Oil Production Growth Is Slowing Down
When the illusion of unending…
Energy
Tesla Is Overweight, Time To Short It
First, let me apologize if, given that this is inauguration day, you were expecting me to write another piece about investing under President Trump. It is not that I don’t…
U.S. Rig Productivity More Than Doubled Over the Past Few Years
Friday January 20, 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 – 20th January 2017
Politics, Geopolitics & Conflict • Today, the prime topic of discussion has to be the inauguration, if only because of the vast level of uncertainty the swearing in of Donald…
Bulls Willing To Play Waiting Game In NatGas
With the end of the month coming up and the last full month of winter right around the corner, let’s take a look at the natural gas market this week.…
Saudi Energy Minister Says 1.5M Bpd Of Oil Off The Market Now
Some 1.5 million of an agreed upon 1.8 million barrels per day of oil has been taken out of the market in January, Saudi Arabian Energy Minister Khalid al-Falih…
Has OPEC Seriously Underestimated U.S. Shale Dynamics?
Oil ended the week where it started, as rising U.S. shale production and a bearish inventory report continued to put pressure on WTI and Brent.
Oil Slides After Massive Rig Count Gain
The number of active oil and gas rigs in the United States increased on Friday by 35 for a total of 694 active rigs, according to oilfield services provider
Oil Prices Rip Higher On Inauguration Day
Crude is ripping higher into the weekend, as the ebb and flow of OPEC production cut expectations swing towards the bulls once more (the drop in Saudi export loadings this…
Trump’s Advisers Draft First-Day Energy Policy Changes
Aides to Donald Trump have drafted a list of environmental policy and energy-related changes that he could sign within hours after he is sworn in as U.S. President on Friday,…
Will This Be The Biggest Oil Bid Round This Decade?
Big spending is back in the oil and gas world. With ExxonMobil unloading a $6.6 billion mega-buy in the Permian Basin of Texas this week — just a day…
Will The Global Puppet Masters Destroy Ukraine’s Gas Transit Business
Ukraine is about to lose its precious gas-transit business as its state-run gas giant struggles to function as the puppet of multiple geopolitical players and agendas, and it’s not likely…
Why Big Oil Is Unprepared For The Coming Energy War
Recently, I gave a presentation on the future of energy to an audience of about 250 oil and gas professionals. Halfway through, I asked the carbon crowd to, “Raise your…
Despite OPEC Deal Oil Prices Could Fall Sharply From Here
The impact of the OPEC production cuts could be much more muted than many had hoped for as non-OPEC output comes roaring back in 2017. And it isn’t just from…
Efficiency Gains See Norway Increase Oil Production In 2016
The oil price crash has been a tough ride for all producers, especially those working in higher-cost areas such as the Norwegian Continental Shelf. Although investments in Norway’s oil were…
OPEC Head: Oil Inventories Already Dropping From High Levels
Global oil stocks have already started falling, but they need to drop by another 270 million barrels so that OPEC can say that the oil market is coming to balance,…
Oil Crashes Towards $50 Handle On Bearish EIA Data
Oil is finding some support thus far today off the back of the IEA's monthly oil market report, which pointed to a tightening market amid OPEC production cuts. Hark, here…
Oil Tanks After EIA Reports Surprise Crude, Gasoline Build
A day after the API reported a 5.04-million-barrel decline in commercial U.S. crude oil inventories, the Energy Information Administration crushed hopes of a prolonged price recovery by reporting…
What Stopped The Oil Rally Dead In Its Tracks?
After a recovery late last year, the oil market seems to have settled with a price around $55 a barrel… at least for now. That level is not likely to…
Can Saudi Arabia Survive With Oil Below $60?
With the OPEC production deal holding, at least for the moment, questions have now arisen over how prospects look for the cartel’s biggest producer. It’s been a strange few years…
OPEC’s December Cuts Are A Bullish Sign For Oil Markets
The Organization of Petroleum Exporting Countries (OPEC) cut oil production by 221,000 barrels per day in the last month of 2016, bringing the bloc’s total output to 33.08 million…
