 |
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 • 196 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.568 | +0.030 | +1.19% |
|
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 • 5 hours | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 5 hours | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 5 hours | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 5 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% |
Article Archive | Page 1117
$30 Oil Could Spark Contagion In Energy Markets
If oil prices continue to fall, the financial damage could start to become a concern. A new analysts from Deutsche Bank finds that the high-yield energy market could start to…
Shale Rebound Runs Out Of Steam At $40 Oil
The IEA recently predicted that U.S. shale would grow by at least 430,000 bpd this year, plus another 780,000 bpd in 2018. But those heady growth projections are in doubt…
Are Driverless Cars Messing With Texas?
Earlier this month, Texas Governor Greg Abbott approved a law that would allow the entire state to serve as a testing ground for driverless cars. This initiative—though reflective of the…
Russia’s Pipeline Play Has Eastern Europe On Edge
Russia has been a major energy supplier to the European market for decades, and is looking to expand its dominance with a new pipeline that could feed natural gas directly…
String Of Downgrades Creates Buying Opportunity For Oil Stocks
Analysts from New York-based investment bank Seaport Global Securities LLC, Barclays Plc., Morgan Stanley, Macquarie Capital Ltd. and Capital One Securities have recently downgraded a slew of big oil companies,…
Oil Rebounds Despite Sour Sentiment
Markets remain on edge despite a recent upturn in oil prices. The risk that oil may fall into the mid-$30s is looming and could spell disaster for investors.
This Oil Giant Just Landed India’s Largest Foreign Investment Deal Ever
I wrote late last year about an unusual trend emerging in oil and gas M&A. Namely, a wave of outgoing global investment from E&P firms in Russia. And news…
Deloitte: Oil Firms Face Increasingly Sophisticated Cyber Attacks
Contrary to popular belief that the oil and gas industry is not among the top targets of hackers, energy was the second-most prone industry to cyber-attacks last year, with almost…
OPEC Not In A Hurry To Cut Deeper
OPEC may be mulling over deeper oil production cuts, but they won’t be rushing to make that decision, even though a panel monitoring the cuts will be meeting next month,…
Have Hedge Funds Set Oil Markets Up For A Rebound?
Hedge funds and other major investors have soured on oil prices, and the pessimistic turn has corresponded with the deep selloff in recent weeks. Since the beginning of June, the…
Middle East At Point Of No Return As Saudi-Qatar Rift Deepens
Saudi King Salman’s decision to appoint his son Mohammed Bin Salman (MBS) as the new crown prince did not come as a surprise. For months, the power struggle between former…
Kurdistan Targets Saudi Market Share In The U.S.
Kurdish oil is headed for the United States this week, further buttressing the semiautonomous region’s economic independence as Erbil prepares for a referendum on political independence later this year. An…
The Eagle Ford Rebound Needs $48 Oil
The oil price crash that started in 2014 has affected not only corporate profits and drilling plans. It has had a huge economic impact on the areas around the U.S.…
Statoil Economist Predicts $60 Oil “Relatively Soon”
Oil prices will jump over $60 “relatively soon,” according to Statoil chief economist Eirik Waerness, who spoke to Bloomberg on Monday. According to Waerness, $60 barrel is unlikely to…
Gloomy Outlook Sees Hedge Funds Turns Bearish On Oil
Hedge funds slashed their bets on the three main long oil futures contracts by 109 million barrels in the week that ended on June 20th, according to a new report…
Oil Prices Inch Higher As Saudi Crude Oil Loadings Drop
We discussed back in early May how Saudi Arabian crude export loadings in April had dropped materially. Given the journey time to US shores (hark, seven-ish weeks), the expectation was…
Experts: Expect A Wipeout For South African Miners
Lots of updates this week to recent stories. With Glencore upping a bid for Rio Tinto’s Australia coal assets, and Tanzanian police arresting dozens after villagers stormed gold mines…
Iran’s Largest Oil Terminal Boosts Capacity To 8 Million Bpd
The Kharg oil terminal in Iran has increased its crude oil loading capacity to 8 million barrels per day (bdp), three times the current Iranian crude and condensate exports,…
Oil Industry To Waste Trillions As Peak Demand Looms
ExxonMobil and its peers risk blowing $2.3 trillion on oil projects that will not be needed if the world hits peak demand in the next decade. A new report…
Goldman Sachs: Oil Crash Unlikely To Continue
The current selloff in energy stocks is but an opportunity for buyers, according to a Thursday note from Goldman Sachs’ European energy team, who added that current prices are…
