 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
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Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
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Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
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Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.599 | +0.021 | +0.82% |
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 2 days | 86.37 | -2.70 | -3.03% | ||
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Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 14 hours | 72.20 | -2.93 | -3.90% | ||
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Light Sour Blend • 14 hours | 75.25 | -2.93 | -3.75% | ||
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Syncrude Sweet Premium • 14 hours | 82.20 | -2.93 | -3.44% | ||
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Central Alberta • 14 hours | 72.60 | -2.93 | -3.88% |
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Eagle Ford • 2 days | 75.48 | -2.93 | -3.74% | ||
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Oklahoma Sweet • 2 days | 75.50 | -2.75 | -3.51% | ||
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Kansas Common • 3 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 4 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 1120
Oil’s Next Tug Of War
- WTI and brent suffered more losses this week despite two strong excuses to rally. Firstly, EIA data delivered the type of numbers that bulls have been waiting for all…
The Oil Market Is Destined To Re-Balance
It’s been one week after the ‘magic’ oil supply deal was extended between OPEC members and Russia and it’s been followed by just about the most pessimistic response I’ve ever…
The Market Ignored the Paris Accord Announcement And You Should Too
I come from a background where news is important. In the minutes preceding a scheduled major announcement of any kind, an eerie quiet would descend on the normally brash and…
OPEC Faces Daunting Task To Drain U.S. Inventories
Friday June 2, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Global Energy Advisory June 2, 2017
Goodbye Paris—Hello Syria, NicaraguaU.S. President Donald Trump has announced that the U.S. will leave the Paris Agreement on climate change. This aligns the U.S.—on this particular playing field--with…
Are Oil Markets Rangebound Again?
September West Texas Intermediate Crude Oil futures struggled on the upside from the start and are likely to finish lower for the week. The selling started on Tuesday after the…
OPEC’s Conundrum: Higher Prices Or Market Share
Oil prices retraced this week as oversupply worries once again resurfaced in spite of a bullish U.S. inventory report. (Click to enlarge)
Oil Prices Fall As U.S. Rig Count Rises For 20th Straight Week
The number of active oil and gas rigs in the United States rose for the twentieth straight week, Baker Hughes reported on Friday—this time by 8, as drillers in…
Oil Prices Retreat As U.S. Abandons Paris Climate Agreement
As oil ventures into forty dollardom once more, today's blog takes a peek at a number of supply side influences, from Basrah buoyed to Brazil nuttiness, all via a 'call…
Saudis: OPEC May Discuss Deeper Cuts In November
OPEC and the non-OPEC producers that are part of the production cut deal may consider deepening the output cuts at the cartel’s next meeting in Vienna in November, Saudi Arabia’s…
You Didn’t Hear About It, But Every Oil Pro Is Watching This Gov’t Decision
It barely got any coverage in the press this week. But one of the biggest happenings in oil just came down, in a place everyone in the petro-world is looking…
Clash Between Qatar And The Saudis Could Threaten OPEC Deal
The cohesion of the Gulf Cooperation Council (GCC), which includes all Arab Gulf countries, seems to be cracking. UAE Minister of State for Foreign Affairs, Anwar Gargash, openly stated that…
Will Trump Push Back Against Putin’s Pipeline Play?
Russia’s natural gas strategy in Europe is getting increased scrutiny from some U.S. lawmakers who worry about European energy dependence on their eastern neighbor. However, a major pipeline is inching…
New BC Government Could Jeopardize Canadian Oil Exports
The upcoming change in British Columbia’s government could stall the Canadian oil industry’s plans to compete globally by exporting crude to Asia—the world’s fastest growing refining market of which Middle…
Will Self-Driving Oil Rigs Hit The Market Before Self-Driving Cars?
Last week, drilling contractor Helmerich & Payne bought Motive Drilling Technologies for up to US$100 million. The deal passed without much fanfare because of its size, perhaps, but it…
Canada Pushes For Zero Emission Vehicle Strategy
On Friday, Marc Garneau, Minister of Transport and Navdeep Bains,Manage Articles Minister of Innovation, Science and Economic Development, announced that the government is now creating a national strategy…
Russia’s Economy Minister: Russia Can Live Forever At $40 Oil
The OPEC/non-OPEC deal is working, and the current underlying key assumption of Russia’s economic policies—oil prices at US$40—can allow it to live forever at that price or below, Russia’s Economy…
China Completes World’s Biggest Floating Solar Farm
Images of the Beijing smog and millions of people wearing masks to be able to breathe are among the more dramatic depictions of air pollution caused by excessive industrialization. Now…
Russia Has No Plans To Further Privatize Oil Industry
Russia does not plan to privatize its oil sector, Kremlin spokesman Dmitry Peskov told media, after former Finance Minister Alexey Kudrin insisted that the oil industry must be privatized fully…
Oil Prices Rise As EIA Confirms Strong Draw To Crude Inventories
A day after the American Petroleum Institute played the fairy godmother to oil bulls by reporting a huge draw in U.S. crude inventories, the EIA reinforced the mood by…
