 |
Louisiana Light • 2 days | 82.73 | -0.73 | -0.87% | ||
|
Bonny Light • 1 day | 83.00 | +0.29 | +0.35% | ||
|
Opec Basket • 2 days | 82.95 | -0.13 | -0.16% | ||
|
Mars US • 195 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 15 mins | 2.555 | +0.018 | +0.69% |
|
Bonny Light • 1 day | 83.00 | +0.29 | +0.35% | ||
|
Girassol • 1 day | 84.24 | +0.18 | +0.21% | ||
|
Opec Basket • 2 days | 82.95 | -0.13 | -0.16% |
|
Peace Sour • 3 hours | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 3 hours | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 3 hours | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 3 hours | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 2 days | 75.11 | +0.61 | +0.82% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +0.50 | +0.67% | ||
|
Kansas Common • 1 day | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 2 days | 83.26 | +0.61 | +0.74% |
Breaking News:
Article Archive | Page 1116
Only $60 Oil Can Save The Aramco IPO
The OPEC deal is in crisis. All oil price gains derived from the 1.2 million-barrel cut’s initial announcement and implementation have been wiped out, and No. 1 OPEC producer Saudi…
Will Central Banks Derail The Shale Boom?
The U.S. Federal Reserve has already increased interest rates several times, most recently in June, with promises to do much more. Rate hikes pose a problem for the oil industry,…
The Offshore Boom To Break The OPEC Deal
While all eyes are riveted on how much U.S. shale output is undermining OPEC’s production cuts and any oil price gains, other non-OPEC producers are also increasing crude production, and…
China Banks On Natural Gas As Oil Production Tanks
Imports and output of natural gas rose more than twice the expected amount this year in China Imports and domestic output of natural gas are outpacing government projections in China…
Why The U.S. Is Losing The Nuclear Energy Race
The United States is drastically falling behind in the global nuclear energy race. Just this March, Japanese-owned, Pittsburgh-based nuclear energy giant Westinghouse took a swift turn from rapid growth and…
Citi: Oil Prices Have Bottomed And Are Now Set To Soar
One day after Goldman issued a confused, rambling note in which the bank cuts its 3-month WTI price target by $7.50 from $55 to $47.50 saying "Spot WTI oil…
What To Expect From Trump’s ‘Energy Dominance’ Speech
This week is “Energy Week,” when the Administration of U.S. President Donald Trump emphasizes its policy towards oil and gas, particularly its general goal of increasing American production and exports…
UAE: OPEC Is Not Discussing Deeper Cuts
Just a month has passed since OPEC rolled over the production cuts, but the still high inventories and the latest drop in oil prices have renewed comments, rumors, and possibly…
The Deepest Exploration Well Ever Signals A Return For Offshore Oil
Oil prices have been a big item lately — with crude plunging below $45 per barrel in recent weeks. But quiet reports across the industry show costs for oil and…
Goldman Slashes 3-Month Oil Price Forecast By $7.50
Goldman Sachs is slashing its three-month price forecast for WTI to US$47.50 a barrel from US$55, seeing output gains in Libya and Nigeria as jeopardizing OPEC’s efforts to reduce…
Is A Big Move In Oil Prices Due?
In options trading, a straddle is literally a sit-on-the-fence strategy. By purchasing a put and a call at the same strike (price of underlying commodity) for the same time period,…
Pipeline Bottleneck Halts Falling U.S. Oil Imports
The U.S. has seen shale production rebound strongly, continuing a long-running trend towards higher oil production. The shale boom has helped the U.S. slash its import dependence significantly over the…
Is The U.S. Close To Achieving ‘Energy Dominance’?
If you hadn’t heard, the Trump Administration has declared this week to be “Energy Week”, a week during which the President and his senior officials are focusing on the theme…
Can ‘Fire Ice’ Replace Shale?
Scientists, researchers, and engineers have known for decades that there is an energy resource trapped inside ice and found under Arctic permafrost or beneath the ocean floor. Once thought to…
Why The Oil Price Implosion Didn’t Drag Global Markets Down
Energy stocks have been the worst performing sector in the S&P 500 index so far this year. Last week, oil slipped into a bear market, but the benchmark U.S. index…
Who Controls Iran’s Energy Sector?
Despite having a more diversified economy than its Gulf neighbours, oil and gas revenues only account for 11 percent of Iran’s GDP. Its oil & gas sectors are strategic not…
U.S. Refinery Products Are Taking The World By Storm
Total exports more than doubled since 2010; Canada drops from 92 percent of U.S. exports to 58 percent Rising production from shale formations has fundamentally changed the U.S. petroleum products…
Oil Prices Inch Higher As OPEC Exports To U.S. Crude Fall
Earlier in the week we discussed how lower Saudi export loadings in April are translating into lower arrivals on U.S. shores this month. This has prompted some to ask…
This Region Is China’s Next Target For Resource Deals
South Africa’s chamber of mines officially filed suit this week to block the country’s challenging new mining charter. But elsewhere in the world, some of the biggest investors in…
Oil Prices Rise As EIA Reports Tiny Crude Build, Gasoline Draw
A day after API reported a rather shocking crude oil and gasoline inventory build, the Energy Information Administration (EIA) confirmed a small inventory build for crude oil of 100,000…
