 |
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 • 35 mins | 2.725 | +0.040 | +1.49% |
|
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 • 16 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 16 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 16 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 16 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
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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% |
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U.S. Natural Gas Prices Jump After Pennsylvania Pipeline Explosion
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Dead Sea Alive Again With New Oil Worth $322 Million
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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…
OPEC Ramps Up Production And Saudi Exports Near Record High
In one of the least surprising highlights from the ongoing earnings season, yesterday we reported that as oil continues to rise, U.S. shale companies are starting to resume mothballed…
BP’s Quarterly “Profit” May Not Be What It Seems
BP reported an underlying net profit of $532 million for the first quarter of the year and its shares immediately jumped on the London Stock…
50% Of Proved Oil Reserves May Have Just Vanished
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The $2 Trillion Gamble That Saudi Arabia Cannot Win
Prince Muhammad Bin Salman, 30, the deputy crown prince of Saudi Arabia laid out his vision for Saudi Arabia on Monday in a plan called…
Alberta’s Economic Woes Continue With Credit Rating Downgrade
Regular readers know that we've covered Alberta's decline at length (refresher here), so there is no need to give much of a backstory other than to…
Does A Low Carbon Future Mean More Natural Gas?
One hundred seventy one nations signed the UN’s Paris agreement on climate change on April 22. But before that, the European Commission on Climate Action recommended…
Venezuela Starts Power Rationing, Oil Production Likely to Fall
Venezuela—home to the largest oil reserves in the world--will for the next 40 days experience a four-hour blackout every single day, and there are fears that…
New Energy Project Tightens Russia’s Grip On The South Caucasus
On April 13, the energy ministers of Russia, Georgia, Armenia and Iran met in the Armenian capital of Yerevan, where they agreed to create a single,…
Weakened Saudi Arabia Could See Social Unrest After Economic Shakeup
Despite oil's rebound from cyclical lows and the world's exuberance that the energy space may be saved (on the basis of headline-reading algo pumping momentum into commodity futures products that…
China’s Transfer From Coal To Gas Is Well Under Way
On Tuesday, Sinopec, one of China’s top energy companies, received the first LNG cargo at its new import terminal in Beihai. The company is now moving…
Iran Drives OPEC Production Up In March
The latest OPEC Monthly Oil Market Report is out. The charts are “Crude Only” production and do not reflect condensate production. Also the charts, except for Libya, are not zero…
Can Mongolia Be Saved From Low Commodity Prices?
Having capitalized on the global commodity boom, and its proximity to a ravenous China, Mongolia has until recently seen rapid economic growth. As Chinese growth forecasts…
BHP To Sell All Coal Activities In Indonesia
Unexpected move yesterday announced by one of the largest mining companies globally. Showing it may be bailing out of a country that used to be one…
Pre-Salt Bonanza Begins In Brazil With First Oil Produced
The Brazilian pre-salt bonanza has now officially begun, with Norway’s Statoil and partners announcing production of the first oil and gas from the offshore Gavea field…
Statoil Branches Out Into Renewables With Wind Investment
For all of the excitement over renewable energy, one of the ironies in the space is that the vast majority of attention is being focused on…
