 |
Louisiana Light • 2 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 1 day | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 182 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 hours | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 1 day | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 1 day | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 2 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 • 2 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 2 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 4 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 5 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 1149
Will The Oil Price Slide Lead To A Credit Crunch For U.S. Drillers?
The recent drop in oil prices, which has almost wiped out the price gains since OPEC announced its supply-cut deal, is coming just ahead of the spring season when banks…
4 Factors Driving Oil Prices This Summer
Uncertainty is dominating today’s oil markets, with production cuts, ballooning inventories and a rising rig count all adding to oil price volatility. And as the summer driving season approaches and…
Asia’s Top LNG Players Forming Buyers Club
Global oversupply in liquefied natural gas has emboldened buyers to push for more favorable contracts. Korea Gas Corp. (KOGAS), Japan’s JERA and China National Offshore Oil Corp. (CNOOC), which collectively…
Fruitless OPEC Meeting Sees Oil Prices Edge Lower
Oil prices are subdued to start the week, as the weekend's compliance meeting has done little to allay oversupply fears. As WTI continues to trek on in forty-dollardom, hark, here…
Is The End Of The Escondida Strike A ''Disaster'' For This Mega-Mine?
Major South American miner Milpo dealt a major blow to the copper sector this past Thursday. Announcing that it will pull out of the Michiquillay project in Peru — one…
Pro-Extension Voices In OPEC Become Louder
In a statement, the joint committee of seven oil ministers from the parties to the cut said that the deal could be extended for another six months, depending on…
Shell’s New Permian Play Profitable At $20 A Barrel
OPEC’s worries about the booming U.S. oil production have increased significantly with the big three oil companies’ interest in shale. Exxon Mobil Corp., Royal Dutch Shell Plc, and Chevron Corp.,…
Is The Private Equity Oil Rush Back On?
Private equity funds are back in the oil game with piles of cash to spend, emboldened by oil prices of around $50 a barrel, even though WTI has in the…
Mexico Sees Its First International Offshore Drilling Success
Italian oil company Eni drilled the first well by an international oil company in Mexican waters, and on March 23 they said the well indicated a “meaningful” volume of oil.…
Self-Driving Cars May Just Be the Start
The self-driving car race has been intensive, especially recently, with new partnerships being announced on a regular basis as tech companies team up with carmakers to stake a claim in…
Can Trump’s Proposal Save The Coal Industry?
Climate change may not be a significant factor in the decision-making processes of the United States government, according to the White House. As per a directive signed by President Donald…
Why Are Shell And Toyota Backing Hydrogen Fuel Cell Vehicles?
Royal Dutch Shell sees that facing a lower-carbon transport future will need a “mosaic of fuels and engines,” but the energy conglomerate is leaning toward hydrogen as the alternative fuel…
Big Oil Leading The Charge For New Carbon Capture Tech
For an industry that has for decades been criticized by environmental groups as the root of all evil it is ironic that oil and gas producers are aligned in championing…
U.S. Shale Could Peak Before 2025
In a previous post on U.S. LTO future output there were suggestions that a bottom up approach might be better than the top down approach and I agree. I…
Norwegian Oil Plays Struggling After Oil Price Collapse
Norwegian crude oil extraction peaked in 2001 at 3.12 Million barrels per day (Mb/d) and in 2016 it was 1.62 Mb/d, growing from 1.57 Mb/d in 2015 and 1,46 Mb/d…
Are The Survivors Of The Offshore Bust A Buy?
I know that many of the oil analysts out there have gone weak on me. Unable to believe in the inevitable re-balancing of the oil market, they continue to see…
The No.1 Contrarian Play In Oil
Regular readers of my ramblings will be aware that I don’t believe that this drop in oil will be of any long term significance. It is understandable, for sure, as…
Oil Industry Not Hedged For 2018
Friday March 24, 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 March 24th 2017
Politics, Geopolitics & Conflict • Violence in South Sudan has further spiked after the announcement of a $500-million oil exploration deal between the government and Nigerian Oranto Petroleum. Rebel forces…
How Much Further Oil Could Fall
It’s been a relatively quiet week in the crude oil market with prices continuing to drift lower in search of a balance point. The stories driving the price action didn’t…
