 |
Louisiana Light • 2 days | 82.90 | -0.55 | -0.66% | ||
|
Bonny Light • 23 hours | 84.01 | -0.44 | -0.52% | ||
|
Opec Basket • 2 days | 83.74 | -0.05 | -0.06% | ||
|
Mars US • 186 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 16 mins | 2.525 | -0.018 | -0.72% |
|
Bonny Light • 23 hours | 84.01 | -0.44 | -0.52% | ||
|
Girassol • 23 hours | 84.95 | -0.49 | -0.57% | ||
|
Opec Basket • 2 days | 83.74 | -0.05 | -0.06% |
|
Peace Sour • 22 hours | 71.68 | +0.37 | +0.52% | ||
|
Light Sour Blend • 22 hours | 74.73 | +0.37 | +0.50% | ||
|
Syncrude Sweet Premium • 22 hours | 81.68 | +0.37 | +0.46% | ||
|
Central Alberta • 22 hours | 72.08 | +0.37 | +0.52% |
|
Eagle Ford • 2 days | 74.96 | +0.37 | +0.50% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +0.50 | +0.67% | ||
|
Kansas Common • 7 days | 69.25 | -3.00 | -4.15% | ||
|
Buena Vista • 2 days | 83.20 | +0.37 | +0.45% |
Breaking News:
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Energy
Trump’s Infrastructure Push Is Set To Benefit These Companies
Trump’s move this week to restart the building of Keystone XL and the Dakota Access pipelines are an indication of the increasing help infrastructure is likely to get from the…
Bullish Fundamentals Can’t Prevent A Correction In Oil
There are basically two ways to analyze markets and make trading decisions, the fundamental and the technical. Logically speaking, fundamental factors and analysis always have the upper hand, particularly over…
EIA: No Drawdown In Oil Inventories Until Mid-2018
Friday January 27, 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…
The Waiting Game Is On – When To Expect A Breakout?
March West Texas Intermediate Crude Oil futures are trading inside last week’s and the previous week’s range, suggesting investor indecision and impending volatility. Since the first of the year, the…
Why Oil Can’t Pull Higher In The Near Term
Oil prices are falling on Friday in volatile trading session after having see-sawed on the usual headlines regarding OPEC compliance and U.S. production figures
Large Rig Count Gains Rock Oil Markets
The number of active oil and gas rigs in the United States increased on Friday by 18 for a total of 712 active rigs, according to oilfield services provider
Oil Gives Up Gains As Traders Fear Rising U.S. Supply
And crude continues to be more choppy than Chuck Norris fighting Hong Kong Phooey fighting Bruce Lee, selling off today after yesterday's rally (after selling off on Wednesday after rallying…
Independent Audit Confirms Saudi Aramco’s Huge Oil Reserves
The external audit of the oil reserves of Saudi Aramco ahead of its planned IPO has confirmed that Saudi Arabia’s oil giant has more than 261 billion barrels of reserves,…
Iran To Export More Oil In February
Iran’s crude oil and gas condensate exports are expected to rise to about 2.2 million barrels per day in February, thanks to a shipment to Indonesia – the first…
TransCanada Submits Fresh Application For Keystone XL
After on Tuesday President Trump signed executive orders that put Keystone XL and Dakota Access back on the table, TransCanada was quick to submit a new application for a…
Is The Oil Crisis Over? Oil Majors Report Positive Cash Flow
Rising oil prices and spending cuts over the past two to three years have improved the cash flow position for many of the oil majors, lessening the prospects of a…
Robots Over Roughnecks: Next Drilling Boom Might Not Add Many Jobs
The inevitable advance of technology and automation has upended industries such as car manufacturing and food processing. Now robotics is making its way into the oil fields by helping drilling…
Canadian Oil Industry Not Threatened By Trump
On the day of U.S. President Donald Trump’s inauguration the official White House website was rewritten including 361 brief words outlining the future of American Energy Policy. Titled “An…
Leaner and Meaner After The Crash, Oil Sands Industry Expands
This time last year, businesses operating in the oil sands of Alberta seemed pretty much done for. Canadian crude sold for less than US$20, and there was no chance of…
Airbus And Uber In The Race For Flying Cars
France-based company Airbus is moving to the skies in a whole new way. As a leader in the airline industry, Airbus is constantly researching ways to differentiate themselves from their…
Oil Prices Rise As OPEC Put Its Foot On The Brakes
As production cut hopes are stoked once again, crude is pushing higher on this fourth day of the fourth week of January. While prices ultimately just pinging around in a…
Saudi Arabia Says It Will Not Cut Exports To Key Market Japan
Saudi Arabia will not reduce its crude oil exports to Japan despite the OPEC production cut agreement, a deputy minister at the oil ministry told media. The Kingdom supplies…
Russia Makes A Move On Asian Oil Markets As OPEC Cuts
Oil prices have been struggling to rise beyond the low $50s per barrel. Not helped by news this week that Libya’s production has hit a 3-year high at 715,000…
Oil Price Meltdown – Is Trump Setting The Oil Markets Up For Another Bust?
President Donald Trump signed several executive orders this week intended to juice the American energy sector, calling for expedited environmental reviews and the advancement of the Keystone XL and Dakota…
Permian To Be Only Shale Play That Sees Output Increase This Year
The Permian shale formation has been drawing a lot of attention recently, and it’s more likely than not to continue drawing even more in the immediate future, now that it…
