 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 21 hours | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 1 day | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 day | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 1 day | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 1 day | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 1148
Huge 300,000 Bpd Fracklog Could Derail Oil Price Recovery
Thousands of drilled shale wells are sitting idle, unfracked and uncompleted. The backlog of drilled but uncompleted wells (DUCs) grew dramatically beginning in 2014, as low oil prices forced drillers…
Maduro’s Last Stand: Military Takes Over Struggling Oil Sector
As Venezuela’s foreign currency reserves have shrunk to $10.4 billion USD, so have the country’s goods in stock, against the background of gas, energy and medicine shortages, crime rates…
Trump Can’t Save Coal
President Donald Trump signed an executive order on Tuesday that will begin a lengthy process of dismantling former President Obama’s signature achievement on climate change – regulations that put limits…
Climate Change Policies Working: CO2 Emissions Flat For 2 Years In A Row
The International Energy Agency gave environmentalists cause for celebration earlier this month when it reported that carbon dioxide emissions in 2016 remained unchanged from the levels reached in 2014…
The 5 Biggest Strategic Petroleum Reserves In The World
The U.S. is the world’s largest holder of emergency crude stockpiles, but now it’s selling off reserves, while China, the second-largest, is taking advantage of low crude oil prices to…
Is Elon Musk’s Model 3 Production Plan Too Ambitious?
Elon Musk, Silicon Valley's automotive visionary, loves to wow the world with grandiose visions that serve primarily to reinforce his position at the top of the list of tech titans.…
OPEC Compliance Nears 100% On Libyan, Nigerian Outages
OPEC’s compliance to the crude oil production cuts is expected to increase in March, from an already impressive 94 percent compliance rate reached in February. As UAE ratchets up its…
Judgement Day Awaits South Africa’s Mining Sector
Tense days in the South Africa mining sector. With industry waiting to see if the government will move on major amendments to the country’s mining code — which are reportedly…
What Is Putin Planning For Ukraine?
Western media may not be paying much attention to Ukraine now, but this does not mean that the conflict there has been frozen, much less settled. The ceasefire concluded in…
Oil Prices Spike On Lower Than Expected Inventory Build
Amid supply disruptions in Libya and strengthening expectations of an OPEC production cut extension, the Energy Information Administration reported commercial oil inventories in the U.S. had gone up by…
Shale Drillers Hedge, Putting A Cap On Any Oil Price Rally
Shale companies are increasing their hedging in order to provide some clarity for 2017 and guard against another possible downturn in prices. U.S. shale companies have hedged about 27…
Saudi Arabia Will Not Break The OPEC Deal
The OPEC deal is turning out to be a failure, but has it led the Saudi’s to abandon the deal? Have they cheated on their numbers? These were the questions…
Saudi Aramco IPO Under Pressure, As 9/11 Lawsuits And Oil Prices Hit
Saudi Aramco’s IPO future looks a bit more bleak than was expected. U.S. lawsuits by American insurance companies and the continuing threat of low oil prices are pushing Saudi Arabia…
The Wealthiest Oil & Gas Billionaires In The U.S.
Forbes has published the latest edition of its global list of billionaires, featuring 565 from the U.S., which made the country the top generator of billionaires again. Figures from…
There Is No Such Thing As Peak Oil Demand
Notwithstanding that oil demand has increased for over 150 years, it will eventually stop increasing. If oil demand were to reach an actual peak, then the top might be easier…
Oil Prices Recover As OPEC Extension Seems Likely
Oil prices inched higher on Tuesday morning as buyers joined the fray, aided by a more positive OPEC attitude towards a deal extension.
Oil Prices Spike As Traders Anticipate Bullish Inventory Data
Two-hundred and nineteen years to the day after the washing machine was patented, oil prices are continuing to spin around support at the $48 level. As buying interest returns today…
Dakota Access Pipeline Loaded And Ready For Business
The Dakota Access pipeline is ready to start shipping crude oil from North Dakota’s Bakken play south to Illinois, project operator Energy Transfer Partners said in a regulatory filing…
Oil Companies Bet Big On This Mature Oil Play
Historic week in the oil and gas industry. With one of the world’s most well-known exploration destinations unveiling a slate of next-generation projects. The U.K. offshore. Late last week, the…
OPEC Weighs Extension As Oil Markets Start To Lose Their Nerve
To extend or not extend? Officials from OPEC and a select few non-OPEC countries met over the weekend to review the state of the oil market, monitor their progress and…
