 |
Louisiana Light • 3 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 176 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 2 days | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 2 days | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 2 days | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 2 days | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 2 days | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 3 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 3 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 3 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 4 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Article Archive | Page 1218
Why Oil Prices Will Rise More And Sooner Than Most Believe
As the September 26 to 28 “informal” meeting of OPEC producers in Algeria draws near, media speculation could easily cause mental anguish. On oil news websites simultaneous headlines claim OPEC…
Only An OPEC Miracle Can Save Venezuela
Oil producers could see a $10 to $15 spike in barrel prices if the world’s energy leaders agree on a freeze in new output next week, Venezuelan Oil Minister Eulogio…
What If The Oil Rebound Never Happens?
Oil prices are hovering in the mid-$40s per barrel, and the hopes of a rebound have once again been delayed. The IEA’s September Oil Market Report predicts that the…
A Freeze Won’t Do – OPEC Needs To Cut Production
One million barrels of oil per day is the magic amount of oil output that must be reduced globally to rebalance the energy markets and jumpstart a rise in oil…
Clean Energy Gets A Boost With California Regulations
The California ISO (CAISO) was recently approved by the Federal Energy Regulation Commission to introduce new regulations to boost accuracy in determining market demand. These revisions will be affecting…
Energy Is At The Center Of Falling Productivity Growth
What really causes falling productivity growth? The answer seems to be very much energy-related. Human labor by itself does not cause productivity growth. It is human labor, leveraged by…
Kuwaitis Disgruntled By Slashed Fuel Subsidies
The government’s recent decision to make cuts to Kuwait’s petrol subsidy system is expected to boost state coffers amid low global oil prices, despite some push-back from organised labour. In…
Is Canadian Oil Actually Subsidized?
At the conclusion of the G20 conference in China this month, the assembled countries pledged yet again to end fossil fuel subsidies. An action item read the attendees would,…
Venezuela Announces $3.2 Billion In Oil Deals As Default Looms
Venezuela, teetering on the brink of utter economic collapse, is rushing through a tender for billions of dollars of drilling contracts to boost oil production in the Orinoco Belt. Venezuela…
Will Oil Forever Divide Iraq?
Power-sharing in Iraq Ever since the establishment of Iraq as a state, the arrangement of power-sharing within the country, on both political and economic bases, has been at the…
These Refiners Could See Some Healthy Returns
We’ve continued to try to find value in the energy space, by trading around and out of winners in the independent E+P’s and majors that have recently peaked – at…
How To Trade The OPEC Meeting
There has been a lot written, and even more said, about the “unofficial” meeting of oil producers that will take place early next week in Algiers. OPEC members and a…
OPEC Sets the Stage for A Price Crash
Friday, September 23 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 September 23rd 2016
Politics, Geopolitics & Conflict • The Iraqi-U.S. coalition is advancing on Mosul, the northern Iraqi city that is one of the few remaining strongholds of Islamic State. Before the final…
Why There’s More Upside For Natural Gas
December Natural Gas futures rallied to its highest level since July 1 before posting a dramatic and potentially bearish closing price reversal top on the daily chart on September 22.…
Expert Commentary: Is There Still Hope For An OPEC Deal?
• OPEC leadership’s discussion of its upcoming meeting dominated oil market headlines this week and helped lead a $4 rally from Monday through Thursday in WTI from $42.55 to near…
Market Update: Oil Crumbles After Saudis Pull The Plug
Oil prices fell fast on Friday afternoon after Saudi Arabia claimed that "doesn't expect any decision" next week at OPEC’s unofficial meeting in Algiers.
Oil Plunges As Oil Rig Count Rises To Seven Month Highs
This week Baker Hughes reported that two additional oil rigs went online in the United States, making it the fourth straight week of increased oil rigs, and 13 straight…
Crude Crashes As Saudis Kill OPEC Meeting Before It Even Started
Crude prices are selling off, aided by Saudi comments that a decision will not be forthcoming from next week's OPEC meeting in Algiers. Add to this news that the Federal…
The Start Of Something Big? Iran Changes Oil Contracts
It’s been an eventful week in oil. With reports from top producer Saudi Arabia showing record August production of 7.622 million barrels per day — weighing on market sentiment. And…
