 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 1 day | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 8 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 1 day | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 1 day | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 23 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 23 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 23 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 23 hours | 77.17 | +0.76 | +0.99% |
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Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
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Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Article Archive | Page 1233
Oil Enters Bull Market Amid Output Freeze Talk
Another day, another dollar (rally in oil prices). The tag-team of dollar weakness and production freeze hopes combine again to rally crude prices higher for yet another day.…
Spread Between Brent And WTI Hits Six-Month High
With the Brent premium over the WTI price rising to US$2.50 per barrel on Tuesday – the most in six months – oil traders hastened to procure…
Oil Product Demand In This Middle-East Nation Just Hit An All-Time High
Despite low crude prices, Qatar’s non-oil economy is still strong – unlike the more sluggish growth of neighboring Gulf countries – and its demand for refined oil products…
Is The Oil Production Efficiency Boom Coming To An End?
“How much more productive can these new wells get?” I asked my host who had kindly invited me on a field trip to some of western Canada’s most…
Saudis Ramping Up Oil Output To Gain Leverage In OPEC Talks
Saudi Arabia suggests it may be increasing its August crude output to a new all-time high as it could give it more leverage to influence the September informal…
Will Iraq’s New Oil Minister Be Able To End The Iraqi Oil War
After months of street protests and political paralysis, the Iraqi parliament approved five of six cabinet nominees by Prime Minister Haidar al-Abadi, including the country’s new oil…
How Storage Could Transform The U.S. Power Grid
Since its inception at Shell in the late 1960s, scenario planning has become an important part of corporate strategy. Business forecasts often come with the assumption that…
Solar and Wind Manufacturing Is Thriving. Why Don't Mainstream Reporters Know?
Like many Americans, I am an avid listener to American Public Radio’s Marketplace Show. As their website proudly proclaims: Marketplace [is] the most widely heard program on business…
Oil Output Continues To Fall In North Dakota
The North Dakota Industrial Commission (NDIC) reported June crude plus condensate (C+C) output on August 12, 2016. North Dakota(ND) Bakken/Three Forks (BTF) output fell by 20.46 kb/d in…
Oil Rallies On, Ignoring Saudi Production Claims
Today's weekly EIA inventory report has provided a very (very) welcome distraction from the production freeze jawboning. A solid draw to crude stocks, helped in large part by…
Oil Spikes After EIA Reports Significant Crude, Gasoline Draw
Oil prices began climbing shortly after the EIA published its weekly inventory report on Wednesday, which showed that crude oil inventories last week fell by 2.5 million…
Iran Undecided On Joining OPEC’s Production Meeting
Iran has not yet made a decision on whether or not it will join the OPEC meeting next month, and according to officials there, production levels have…
Venezuela’s Oil Crisis Is Opening Old Wounds With Colombia
Last week, Venezuelans lined up at their westerly border to visit Colombia for just a few hours and buy the essential everyday supplies once offered to them at…
Why An OPEC Production Cap is Unlikely
Global oil markets have become volatile once more as the Organization of Petroleum Exporting Countries (OPEC) announced on August 8 that they will hold informal talks during the…
China’s Gas Ambitions Could Have A Huge Impact On Energy Markets
China has been working on developing its shale gas resources for a few years now, with mixed success, mainly because of the difficult geology. But times are a…
Deepwater Tech Companies Still Reeling From Low Oil Prices
It has not been a pleasant couple of years for the vast majority of energy companies or their investors. But perhaps the hardest hit area of all has…
OPEC Rumors Continue To Pull Oil Prices Higher
Oil prices hit one a month high on Monday thanks to speculation about potential producer curbs on supply and new data from market intelligence firm Genscape showing an estimated…
Oil Maintains Gains As Traders Remain Hopeful Of OPEC Action
After what feels like 23 days of rallying amid conflicting commentary from various key global producers about a potential production freeze, prices have hit the pause button today,…
EIA: Permian Production Should See An Increase In September
The Permian Basin, after suffering a downturn in production, is poised to rebound next month. That prediction comes from the U.S. Energy Information Administration’s Productivity Report. The…
Shale’s Efficiency Drive And The Coming Frac Sand Boom
Preoccupied with oil prices, API and EIA production reports and rig counts, most U.S. oil industry watchers miss one quiet segment of this industry that is actually thriving…
