 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 17 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 1 day | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 day | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 1 day | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 1 day | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Article Archive | Page 1172
U.S. Nuclear Power Plants Continue To Close
New York City’s major source of electricity for more than four decades could be taken offline in the next few years, a major victory for the state’s governor, who has…
Four Factors Fueling Canada’s Oil Recovery
For an energy veteran like me, North America’s oil industry reminds me of “That’s Life,” the classic Frank Sinatra tune. After every oil price crash I can imagine Ol’ Blue…
SpaceX’s Next Act Is A Critical One
For investors in the next generation of energy and in the emerging next-gen aerospace field, SpaceX’s story is a useful lesson. It has been a tough three months for SpaceX.…
Saudis Cut Even More: Oil Production Falls To 2 Year Low
Saudi Arabia has cut oil output to its lowest level in two years, reaching below 10 million barrels per day, Saudi Energy Minister Khalid al-Falih said on Thursday, jump-starting…
EIA: Brent Prices To Average $53 In 2017
As a result of rising oil prices in December, the U.S. Energy Information Administration has increased its forecast for both Brent and WTI crude oil prices by $2, and…
All Copper Exports From This World-Leading Nation Stopped Last Night
I wrote in late December about a looming crisis in Indonesia’s mining sector. And yesterday, it hit. Officials at Indonesia’s mining ministry confirmed that miners including Freeport-McMoRan have…
The Math Doesn’t Add Up For The OPEC Deal To Work
The basic laws of supply and demand can easily cause the OPEC production cuts to not work, but there are other factors to also consider. These factors include U.S. shale…
Blockbuster Oil Deal In Argentina Could Trigger Drilling Boom
A blockbuster deal between the oil and gas industry, labor unions, and the Argentine government could pave the way for a flood of new investment in shale oil and gas…
Shale Break-Even Level Could Rise $10 In 2017
The joy for shale producers stemming from rising oil prices following the OPEC production cut agreement may soon be over as oilfield service providers join the party, raising the prices…
How Tillerson Could Jeopardize Geopolitics In Iraq
Former oil executive Rex Tillerson’s history of politically damaging oil dealings in the Middle East could jeopardize the future of a united Iraq as he assumes the position of U.S.…
Real Innovation In The Oil Patch Is Found In Data Analytics
Across all of business there is a lot of interest in Big Data, Business Intelligence, Predictive Analytics, and other data related fields these days. Tools in these fields are particularly…
U.S. Shale Jobs Are Coming Back
The U.S. shale oil recovery is now gaining momentum, and for the first time since September 2014, the U.S. oil and gas extraction and support services jobs increased by 3,300…
Total Ups Its Stake In Uganda’s Oil Development
Total increased its stake in Uganda’s oil development with the purchase of 64.71 percent of Tullow Oil’s interests in Exploration Areas 1, 1A, 2 and 3A. The agreement announced…
Toshiba Loses Billions On U.S. Nuclear Write-Offs
As a sort of financial casino, Wall Street permits its customers to indulge in all sorts of financial risk. Short selling, for example, betting on a stock's decline as opposed…
World Bank: Trump To Boost U.S. Economic Growth And Commodities
A pillar of president-elect Trump's economic plan is fiscal stimulus in the form of tax cuts and $500 billion-plus of infrastructure spending. Trump's victory sparked a rally in the copper…
Oil Slips And Bounces Back After EIA Reports Significant Builds Across The Board
Amid growing bearish sentiment towards oil prices, the Energy Information Administration reported a build of 4.1 million barrels in crude oil inventories for the week to January 6, a…
EIA Sees 2017 U.S. Oil Output Rising By 110,000 Bpd
The Energy Information Administration said in its latest Short-Term Energy Outlook that crude oil production in the U.S. this year will average 9 million barrels daily, or 110,000 bpd…
Low Oil Prices Could Last As OPEC Cuts Won’t Suffice
An OPEC production cut offers oil producers hope for higher prices in 2017. But there is a dark cloud hanging over that expectation. Global storage inventories must be substantially reduced…
Iraq Could Kill The OPEC Deal
OPEC made an early New Year’s resolution when it promised the world that it will get thin – or more accurately that it will thin its output in an effort…
Seismic Industry Still Reeling From Oil Price Bust
The exploration and production business has been bearing the brunt of slashed investment and reduced budgets in the wake of the oil price crash. Yet, another industry dependent on E&P…
