 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.718 | +0.004 | +0.15% |
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 2 days | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 4 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 4 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 4 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 4 hours | 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% |
Breaking News:
Article Archive | Page 1181
Goldman Flip Flops Again, Now Sees High OPEC Compliance
In just five days, Goldman Sachs has changed its mind about the expected OPEC cuts compliance, now seeing cartel members—especially Saudi Arabia—as having a “strong” incentive to stick to promised…
Ahead Of OPEC Cuts, Iraq Ramps Up Crude Sales To China
Less than a month before OPEC is slated to begin the promised cuts, Iraq is increasing its crude oil sales to China, India and the U.S. under new or expanded…
The Oil Mystery Behind Saudi Arabia’s Production Cut
Saudi Arabia surprised the world by helping to engineer an unexpectedly strong agreement from OPEC members to cut production by 1.2 million barrels per day, followed by additional…
Does Russia Really Want To Privatize Rosneft?
In a sensational report last week, Russia announced a block-buster deal, the long planned privatization sale of nearly 20 percent of government held shares in the oil giant Rosneft, to…
The Pain Is Almost Over For Oil And Gas Drillers
The drilling segment of the oil and gas industry has suffered more than its fair share of trouble since the oil price crash began in 2014. Unlike upstreamers and refiners,…
How Vision 2030 Will Transform The Oil World
For evidence that the world is changing, one need look no further than Saudi Arabia. It’s been a good century for the Saudis in general. Having come from the lowest…
Combatting Cyber-Attacks In The Oil And Gas Industry
Earlier this week, Yahoo reported that more than one billion user accounts were compromised and data stolen in a hack by an unauthorized third party in August 2013, in…
The Self-Driving Vehicle Revolution Has Begun
The energy markets are starting to recover from their multi-year swoon, but there may be a bigger change ahead. It’s starting to look like the rise of self-driving vehicles is…
Soaring Dollar Drags Oil Lower
Yesterday's decision by the Federal Reserve to raise interest rates has inadvertently put concrete boots on the crude complex, sending it lower amid a soaring U.S. dollar. Hark, here are…
Statoil Turns Its Back On Canada’s Oil Sands
Statoil ASA, (NYSE:STO) the Norwegian-owned oil and gas major, does not believe that it has a future in the Canadian oil sands. Citing concerns over profitability, the company said on…
Nigeria Aims For “Lasting Peace” As Oil Output Hits 1.8 Million Bpd
Nigeria is producing around 1.8 million barrels of oil daily, up from an average 1.63 million bpd in the third quarter of the year. The current rate of production…
Canada’s Oil Exports Are Dead Without U.S. Shale Production
How is it that Canada could be dependent on U.S. oil production? As of 2015, 36 percent of total US crude imports come from Canada. As Canada continues to exports…
A Unique Opportunity: OPEC Cuts To Boost U.S. Shale Exports
The OPEC deal to curtail oil output and help drawn down record global oversupply may turn out to be positive for the cartel’s over-reliant-on-oil economies in so much as it…
U.S. Solar Boom Continues: 1MW Installed Every 32 Minutes
Renewable energy policy faces a future of uncertainty with a new fossil fuel-friendly administration set to take office, but the U.S. solar industry just marked its best quarter to date.…
After Agreeing To Cut, Is OPEC’s No.2 Going Rogue?
Just a week after it agreed to OPEC’s output-cut deal, Iraq is showing signs of going rogue, and instead of cutting crude exports—a logical byproduct of lowered production—it plans to…
Bakken Oil Production Soars After Long Decline
North Dakota just released their production numbers for the Bakken as well as for all North Dakota. (Click to enlarge)
Post OPEC Deal: Nigeria Plans To Increase Oil Output By 500,000 Bpd
Nigerian President Muhammadu Buhari is eyeing an increase to his country’s oil production to 2.2 million bpd, the volume it had pumped before militant attacks in the Niger Delta…
Why It Makes Economic Sense For The Saudis To Cut
Oil prices are lower today, as focus shifts from optimism of the market balancing in the future, back to current oversupply. With today's U.S. inventory report helping crude to pare…
Oil Spikes After EIA Reports Surprise Draw To Crude Inventories
The EIA reported a draw of 2.6 million barrels in U.S. commercial crude oil inventories, a day after the American Petroleum Institute shocked and unsettled oil markets with an…
OPEC: Expect Oil Markets To Rebalance In H2 2017
Demand for OPEC crude next year will be slightly higher than the supply OPEC has pledged, and together with the promised non-OPEC cuts, this is expected to speed up the…
