 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.723 | +0.038 | +1.40% |
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 2 days | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 13 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 13 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 13 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 13 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
Standard Chartered Says Peak Oil Demand Is Not Imminent
Standard Chartered has predicted global…
IEA Cuts 2024 Oil Demand Growth Forecast
Global oil demand growth is…
U.S. Oil and Gas Boom Poses Challenge to Climate Goals
Despite renewable energy efforts, the…
Energy
The Craziest Oil Price Predictions For 2017
Predicting where oil prices would go next month or next year has always been a game of hit and miss, all the more so in the past two years since…
Oil Traders See Market Balance By Mid-2017
The OPEC deal has raised the possibility of an oil supply deficit as early as the first half of 2017, according to the IEA, but the oil price rally has…
How Much Biofuel Do Santa’s Reindeer Need?
Each Christmas, around the world billions of children sit quietly in their beds at night pondering one of life’s biggest mysteries about a fat man in a red suit; ‘what…
Saudi Use Of Solar Could Boost Its Oil Exports
Saudi Arabia will turn to solar for electricity, which could allow it to export a lot more oil. The connection between solar and oil is not an obvious one since…
Oil Consumption Is Immune To A Transport Transformation
96 percent of new vehicle sales in 2016 featured combustion engines The implementation of electric vehicles and ride-sharing may have long-term effects on oil demand, but the speed at which…
Saudis Up Oil Price Outlook, See Budget Deficit Shrink
After suffering two record budgets shortfalls in 2015 and 2016 as a result of plunging oil prices, which nearly brought both Saudi Arabia's economy and banking sector to a standstill,…
U.S. Natural Gas Needs Mexico
The United States became a net exporter of natural gas in November 2016, a development driven by falling imports (due to high domestic natural gas production) and rapidly increasing natural…
Oil, Chaos And Geopolitics In The New Year
This year, oil prices have sunk and risen at the whim of speculation regarding an agreement to reduce production by OPEC, which controls roughly 40 percent of the world’s oil…
Oil Rises On Weaker Dollar, Stronger U.S. Economic Growth
Amid a better-than-expected U.S. GDP print and a slightly softer dollar, oil prices are on the rise today. Gasoline, however, is on the move lower - and something we hone…
Asian LNG Sees Its Biggest Monthly Rise In 4 Years
On Tuesday, I wrote about BP betting big on a new LNG export hub in West Africa. And news yesterday shows there’s a lot more action going on in…
10 Energy Surprises In 2017
There’s less than two weeks left before the 2016 calendar gets tossed. So for the pundit community it’s time to publish the obligatory list of, “What to Watch For in…
The Shale Oil Threat Will Not Go Away
The Shale oil industry has revolutionized the oil markets, rendering the once powerful OPEC oil cartel powerless in dictating the price and production of oil. The shale oil producers have…
Will The Climate Crisis Spread Financial Chaos In Oil and Gas?
Will climate change spark a financial crisis? It may not seem like an obvious connection but that was exactly the warning from the deputy head of the Bank of England…
The Bearish Case For Oil In 2017
Tis’ the season to not be a curmudgeon, but let’s not throw common investment sense away, because OPEC made a deal. This cutback on production has been a long time…
Can Killer Whales Strike A Blow Against Canada’s Oil Sands?
Is it possible that killer whales could cut into the long-term growth of Canada’s oil sands? Environmental groups are suing the Canadian government over its recent approval of Kinder Morgan’s…
Rising U.S. Oil Imports See Oil Prices Fall
Oil prices are little changed, as a build to crude inventories in today's weekly inventory report has been offset by solid draws to the products. As traders start to shift…
Why The Koch Brothers Just Warned Of A Gasoline Price Spike
The Koch brothers are taking on a proposed border tax that could crop up in the Republican plan for a monumental tax overhaul, arguing that such a tax would hurt…
Oil Prices Edge Lower On Crude Inventory Build
The EIA this morning reported a build of 2.3 million barrels in U.S. commercial crude oil inventories, a day after the American Petroleum Institute prolonged the oil rally by…
2017 Oil Market Recovery Is Sure To Be Slow
This year has been tumultuous for oil. From the US$27 a barrel trough we witnessed in February to the spike to US$55 after OPEC announced a labored deal to…
‘’EVs, Solar Could Push Oil Down To $10 By 2025’’
Oil prices could fall to as low as $10 per barrel within a decade as a “tsunami” of threats could undo demand. That prediction comes from Engie SA’s innovation chief,…
