 |
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 • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.695 | -0.019 | -0.70% |
|
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 • 6 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 6 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 6 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 6 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
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% |
EU Sanctions on Russia Face Legal Challenges
The recent legal challenges to…
Ukraine's War Effort May Get Boost from Frozen Russian Assets
The European Union is considering…
Geopolitics / International
Global Energy Advisory 9th March 2018
The United States would single-handedly be able to meet as much as 80% of growth in global oil demand over the next five years, the International Energy Agency has said.…
China Looks To Close Teapots’ Oil Tax Loopholes
China is tightening government control over the collection of the oil consumption tax in order to eliminate the loopholes that independent refiners—known as teapots—have been exploiting to beef up their…
Oil Market Fears: War, Default And Nuclear Weapons
The U.S. is one of the few areas of the world in which there is an energy investment boom underway, a development that could smooth out the uncertainties of geopolitical…
Geopolitical Risk Is On The Rise In Oil Markets
In the long-term, many oil analysts expect the world to become increasingly dependent on oil production from the Middle East, as U.S. shale fades in importance. However, geopolitical turmoil is…
Despair In Venezuela: “We Are Dying Of Hunger In The Oil Industry”
The oil industry in the country sitting on the world’s largest oil reserves is collapsing amid a savage economic crisis and rampant hyperinflation. So desperate is the situation in Venezuela…
The Impact Of Gazprom’s China-Russia Gas Pipeline
Gazprom’s Power of Siberia pipeline is more than two-thirds complete. It will be delivering gas to China by the end of this year. A second pipeline is still under discussion.…
Global Energy Advisory February 16th 2018
Exxon has launched a flurry of lawsuits, threats of lawsuits and demands for sworn depositions against 30 individuals and organizations, including the attorney generals of New York and Massachusetts, in…
Is This The Future For OPEC?
OPEC and Russia, along with other countries participating in the oil production cuts aimed at balancing the market, are looking to create a “super group of oil producing countries,” according…
Saudi Arabia, Russia Ink 3 Huge Energy Deals
Saudi Arabia hits bullseye, IPO and LNG deals cements geopolitical cooperation Russia Hidden by the fog of the ongoing oil market volatility and the Turkish adventures in Syria, OPEC leader…
Iranian President Orders Armed Forces To Divest All Energy Assets
Iran’s regime is heading for a possible showdown with one of its main backbones... President Hassan Rouhani ordered Iran’s military forces to sell their oil-, gas- and energy-related assets.…
Ambitious TAPI Pipeline Grows Closer To Completion
It is the natural gas pipeline project that many have long said could never happen. But the Turkmenistan-Afghanistan-Pakistan-India pipeline, or TAPI for short, is taking another important step forward this…
Putin Predicts West Will 'Tire' Of Sanctions Soon
Putin spoke at a closed-door meeting of the Russian Union of Industrialists and Entrepreneurs, a prominent grouping of company chiefs and tycoons, on February 9. "I think that those who…
Ukraine Looks To Boost Domestic Nuclear Capacity
Westinghouse will extend nuclear fuel deliveries to seven of Ukraine’s fifteen nuclear power units to 2021–2025, in line with a contract signed between this firm and Ukraine’s state-owned nuclear power…
Global Energy Advisory February 9th 2018
India has plans in place to increase its LNG import capacity to 70 million tons a year, which means the country will import more LNG than China did last year…
China Set To Launch Yuan-Prices Oil Futures Next Month
In a move that could upend the pricing and trading of one of the world’s most actively traded commodities, China plans to finally launch its long-awaited and delayed yuan-denominated oil…
Venezuela Is Moving From Crisis To Collapse
Venezuela’s slumping oil production is a “clear and present danger” to the oil market, RBC Capital Markets said this week. Venezuela’s production continues to fall at a frightening clip, falling…
China’s Final Frontier – Introducing The “Polar Silk Road”
China is expanding its "One Belt, One Road" initiative to satisfy a long-sought geopolitical objective: A claim to the Arctic. It has been nearly five years since China was granted…
Can Venezuela Save Its Oil Industry?
The Wall Street Journal reported last week that Venezuela’s oil output in December fell by 11 percent, to 1.62 million barrels per day (BPD). That capped a decline of 29 percent in…
Venezuela’s Parliament Outlaws Maduro’s Cryptocurrency
The Venezuelan Parliament, run by the opposition, voted on Tuesday to declare Nicolas Maduro’s plan to issue an oil-backed cryptocurrency—the Petro—illegal, claiming that it violates the constitution and attempts…
Iran Sanctions Will Help China's Petro-Yuan
In a few days, U.S. President Trump may try to re-impose sanctions on Iran, a dramatic step that could heighten tensions between the two countries. Some analysts believe the…
