 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.601 | +0.024 | +0.93% |
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 2 days | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 13 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 13 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 13 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 13 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 75.48 | -2.93 | -3.74% | ||
|
Oklahoma Sweet • 2 days | 75.50 | -2.75 | -3.51% | ||
|
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 1122
Is This Saudi Arabia’s Newest Strategy To Boost Oil Prices?
OPEC’s new strategy to balance the oil market is to cut oil exports to the U.S., a move intended to drain near-record-high crude oil inventories. OPEC originally thought that six…
Are Oil Prices $7 Too High?
OPEC extended oil production cuts last week and oil prices plunged. OPEC’s goal was to keep a floor under current prices but the market expected the cartel to move prices…
Has Big Oil Regained Its Pre-Crash Position?
The oil price crash battered the 2016 earnings of energy firms, but the usual suspects are still there in the rankings of the biggest oil and gas companies this year.…
Is New York The Next Energy Tech Hotspot?
New York is turning into a center of attraction for innovative energy technology companies thanks to its US$5-billion plan to generate half of its electricity from renewable sources by 2030,…
How Much Will Inventories Shrink As OPEC Extends Cuts?
Well, if it’s the end of May, it must be time for another OPEC meeting. And sure enough it was. Yet again, the representatives of the OPEC nations got together…
Russian Energy Minister: Oil Markets To Rebalance In Q3 2017
Russia’s Novak suggests Russia has more room for deeper cuts Crude oil prices fell more than 5 percent Thursday after OPEC extended a production cut deal which had originally help…
Is Goldman Sachs Playing With Fire In Venezuela?
Goldman Sachs bought last week around US$2.8 billion bonds issued by Venezuela’s embattled state oil firm PDVSA, betting that a change in the Venezuelan regime could more than double the…
Gold Demand Could Plunge As India Considers New Tax Policy
It’s been a solid year for gold buying in India. With demand in the world’s top-consuming nation rebounding after a series of political setbacks in 2016. But reports this past…
Iran Signs Oil For Goods Deal With Russia: Breaks Free Of Petrodollar
Iran signed an agreement with Russia under which it has broken free from the petrodollar, and will "sell", or rather barter crude oil to Russia in exchange for products. The…
OPEC Extension Leaves Markets Unimpressed
Those new to financial markets, and energy trading in particular, were probably somewhat puzzled by the price action in oil futures this week following the announcement by OPEC and some…
Not OPEC, China Dictates The Oil Prices
The OPEC deal will lead to an ongoing tightening of the crude oil market, putting a floor beneath crude prices in the $50s per barrel in the second half of…
Vienna Was A Bust: What’s Next For OPEC?
At its conference in Vienna, OPEC announced a nine-month extension of its November 2016 deal to cut production. Markets were singularly unimpressed with the decision, which had been baked into…
Is China Liberalizing Its Oil And Gas Industry At The Right Time?
Foreign oil companies will soon be able to invest in China’s upstream sector through joint ventures with the country’s three major fossil fuel companies, according to a new manifesto by…
Does OPEC Have An Exit Strategy?
Oil bulls were unhappy with yesterday's OPEC announcement, which disappointed by adding nothing to the 9 month supply cut extension announcement which had already been leaked and largely priced in…
The Top 10 Nations Exporting Oil To The U.S.
U.S. has brought crude oil from 80 nations into its refineries In the past 30 years, the U.S. has imported more than 91 billion barrels of oil, drawing from a…
The Big Data Revolution In Oil Is Accelerating
It was about time big data entered the lives of Big Oil. Yet it’s not happening exactly as expected. Oil companies are not making a mad dash to collect and…
Texas Shows No Sign Of Slowing Production Growth
(Click to enlarge)The Chart above compares several different combinations of past (vintage) data to estimate output. The dotted line is based on the…
How Close Are Kurds To Establishing Full Independence?
OK, so how close are Iraqi Kurds to establishing their own independent state in Northern Iraq? In this article, Gallia Lindenstrauss and Adrien Cluzet analyze the myriad factors that have…
Uzbekistan To Increase Its Refining Capacity By 50%
Uzbekistan revealed in late April that it had begun building a new $2.2 billion oil refinery that would produce fuel for sale domestically and abroad. Official news sources stated perfunctorily…
It’s Not Over For OPEC Just Yet
OPEC extended production cuts that were originally agreed in December 2016 for another 9 months, delivering both OPEC members and Russian discipline that will last well into the Spring…
