 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 16 mins | 2.749 | +0.036 | +1.31% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 15 hours | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 15 hours | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 15 hours | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 15 hours | 75.75 | -2.68 | -3.42% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
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Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
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Energy
Will Natural Gas Go On Another Run In 2017?
From the multi-year slump of $1.611/MMBtu hit on 04 March 2016, to the highs of $3.902/MMBtu reached on December 28, 2016, natural gas prices have come a long way. Natural…
Oil Price Rebound May Come Too Late For UK Oil Sector
The ‘lower for longer’ oil price reality of the past two years has spared virtually no one in the industry, and the UK’s oil and gas companies have been among…
Is A Full Recovery Possible For Iranian Oil And Gas?
In January 2016, the Islamic Republic of Iran (IR) agreed to scale back its nuclear facilities in exchange for the lifting of economic sanctions. During the sanction years, it had…
Uncertainty Grows Over Whether Iraq Will Comply With OPEC Cuts
Iraq may owe international oil companies compensation for lost production Less than a week into the new year, many oil market experts are beginning to wonder if OPEC will be…
A Rosy Future For U.S. LNG
American LNG exports for 2016, according to the Department of Energy, totaled 109 Bcf through December, averaging about 0.3 Bcf per day. But contrary to expectations when Cheniere…
North Dakota´s Oil Revenue Forecast Decreases By $1B
Prior administration’s forecast held oil production flat through 2019, with price above $50 Members of the House Appropriations Committee are looking at adopting a revenue forecast that is $1.1 billion…
China Aggressively Cuts Coal Supply
China, the world’s largest coal consumer and producer, is not giving up on its long-term plans of reducing the share of coal in its overall energy mix and consequent smog…
The Natural Gas Play To Start The Year
For most of 2016, we searched for value in oil stocks, while ignoring natural gas. But while I believe oil stocks will have a great 2017, I also see terrific…
Could 2017 Be A Banner Year For Natural Gas?
2016 was, in the main, a decent year for those who believe in the huge potential of U.S. natural gas. Chronic oversupply and a consistent build in reserves saw the…
Is This The Start Of A New Super Cycle In Commodities?
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 sector. Each week we’ll…
Oil Capped Until OPEC Brings Evidence Of Output Cuts
U.S. West Texas Intermediate crude oil finished 2016 higher in what can best be described as a tumultuous trade. After a break early in the year, the market stabilized to…
Expert Commentary: Why Oil Is Struggling To Hit $60
WTI traded in a $52.11 - $55.25 range this week driven by sharp moves in currencies, updates related to good and bad behavior on production cuts from OPEC and non…
Oil Up As Saudi Arabia Cuts
Oil prices rose on Friday as a result of a strong draw to U.S. oil inventories and early signals that OPEC is following up on their pledge to cut output
U.S. Rig Count Rises To Highest Point In 1 Year
Oilfield services provider Baker Hughes is ringing in the new year with a 7-rig increase this week to the number of active oil and gas rigs in the United…
Oil Edges Higher As Core OPEC Members Initiate Cuts
Happy Nonfarm Friday! It is the first Friday of the year, hence we get our first monthly dose of official U.S. unemployment data. Job creation last month was below par,…
Iran Takes Advantage Of OPEC Cuts To Boost Market Share
Iran has over the past three months sold more than 13 million barrels of oil it had kept in tankers at sea, in a bid to boost its market share…
Platts Sees OPEC Cuts Eliminating Oversupply By Q3
The agreement between OPEC and non-cartel oil producers to reduce supply would help draw down the huge global inventory build by the third quarter of this year, S&P Global…
Two Catalysts For A Coal Rally In 2017
A major question for 2017 is: will the coal rally continue? Two events this week should lend strength to that market. With one consuming nation seeing a massive and unexpected…
Has U.S. Gasoline Demand Peaked?
Several years of low gasoline prices have upended a decade-long shift towards more fuel efficient vehicles in the United States. For two years in a row, the U.S. auto industry…
U.S. Oil And Gas Deals Double In 2016
Deals in the Permian helped the U.S. oil and gas mergers and acquisitions tally soar to $69 billion in 2016. The industry has been quick to adapt and secure primary…
