 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 15 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 22 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 22 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 22 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 22 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Iran’s Response To Israel’s Strike Was Pure Political Theater
Iran’s response was pure political…
Gold Surges Past S&P 500 in Five-Year Growth
Gold has outperformed the S&P…
Traders Became More Bullish on Oil As Middle East Risk Surged
The crude oil net long…
News
Low Oil Prices Drive Record Profits for U.S. Airlines
According to a U.S. Department of Transportation report, U.S. airlines raked in a profit of $25.6 billion last year, a 241 percent increase from 2014,…
Exxon, Chevron Under Climate Change Scrutiny in Norway
Norway’s $870 billion sovereign wealth fund (SWF) is the largest in the world, and it’s now planning to use its prowess to force supergiants Exxon Mobil…
Supreme Court Overturns Local Colorado Fracking Ban
Two Colorado municipalities have tried to ban hydraulic fracturing, but the state’s Supreme Court has had the final word, ruling that the two moratoriums on fracking…
U.S. Lawmakers Seek End to Arctic Drilling
A group of 68 lawmakers are trying to maintain the momentum of protest against Arctic oil drilling by calling on U.S. Department of Interior Secretary Sally Jewell to exclude two…
EQT Scoops Up $407M In Statoil Marcellus Assets
U.S. energy explorer EQT Corp. (NYSE: EQT) is buying $407 million worth of acreage and natural gas production from Statoil USA (NYSE: STO). The…
South Korean Kogas Narrows In On Iranian Gas Field
As post-sanction Iran moves forward quickly with the development of its oil and gas resources, South Korean state-owned energy giant Kogas has secured an MOU with…
Ivory Coast Discovery For Anadarko Amid First-Quarter Losses
Suffering somewhat from first quarter losses reported on Monday, it’s good news for Anadarko in the Ivory Coast, where it has successfully drilled its first horizontal…
Hedge Fund Guru Throws Weight Behind Nat Gas Futures
Major head fund manager David Einhorn of Greenlight Capital is taking a long, macro position in natural gas, expecting prices to climb further as wells deplete…
European Commission Forecasts $41 Brent for 2016
The European Commission is now forecasting that Brent crude oil prices will average $41.1 per barrel for the rest of this year, and $45.9 per…
U.S. Gasoline Prices Hit 6 Month High, Keep Rising
The average price of gas is now hovering at a cost that is rather unattractive to drivers at $2.22 per gallon, according to AAA. The increase…
Dwindling Revenues May Force Enbridge To Sell Its U.S. NatGas Assets
Suffering from a 51-percent decline in revenues in the first quarter of this year, reports are emerging that Canadian Enbridge Energy Partners LP may seek to…
After False Start, Chevron to Resume Gorgon LNG Production
U.S. energy giant Chevron said it expected to resume production at the Gorgon liquefied natural gas (LNG) project off the coast of Western Australia later this…
These Two U.S. Drillers Just Filed For Bankruptcy
Two more oil companies have filed for Chapter 11 bankruptcy protection, as crude oil prices hover just above $45 per barrel and financial woes take…
BP Wins Small Victory Over Disgruntled Shareholders
The US Supreme Court on Monday denied a request for appeal made by angry BP shareholders who filed a class action lawsuit against UK oil…
EIA: Gulf of Mexico Production Doesn’t Outweigh Shale Decline
Oil production in the United States fell to 9.129 mbpd from 9.180 mbpd in February, which equals a 0.6 percent decline, according to the data released…
EIA: Beleagured Coal Loses More Power Generation Market Share
Consumption of coal used for electricity generation in the U.S. electric power sector fell 29 percent from its peak of 1,045 million short tons in 2007…
U.S. Natural Gas Prices Jump After Pennsylvania Pipeline Explosion
Natural gas prices have jumped in the aftermath of an explosion Friday in western Pennsylvania which destroyed one home, damaged at least three others and seriously…
Dead Sea Alive Again With New Oil Worth $322 Million
An old oil well in the Dead Sea is now believed to contain reserves of 7 to 11 million barrels according to a report commissioned by…
Oilfield Services Merger of the Decade Nixed Amid Strong Opposition
Oilfield services giants Halliburton and Baker Hughes have called off an almost $26 billion merger amid strong opposition from US and EU anti-trust regulators who feared…
U.S Onshore Production Sees Deep Decline, Can Offshore Offset It?
The Texas Railroad Commission (RRC of TX) updated its online database a few weeks ago. The best estimates I have seen for Texas C+C and natural…
