 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 184 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 days | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 2 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 2 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 2 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
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Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 1244
Libya Now Back In The Oil Business – For How Long Though
Libya’s key oil terminals have reopened for operations, Moussa al-Kouni, the deputy head of the country’s UN-brokered presidency council, told reporters late on Thursday at…
Oil Industry Slammed By Disappointing Earnings, Oil Price Plunge
WTI oil pared losses on Friday morning, breaking with a 6 day streak of losses. U.S. oil production also saw a slight increase, mainly due to higher output…
Oil Relieved As Rig Count Shows Negligible Gain
The U.S. oil and gas rig count was up only one rig this week, defying a significantly higher upwards trend reported by Baker Hughes for multiple weeks…
Oil Reverses As Buyers Enter The Market
A weaker U.S. dollar is once again wafting smelling salts under the nose of the crude market, and this time it appears to be working. A large miss…
Exxon Misses Estimates By A Mile, Plunges To Two-Month Lows
ExxonMobil reported on Friday earnings of US$1.7 billion for the second quarter, a 59-percent tumble on the year, amid sharply lower commodity prices and weaker refining margins. Earnings per…
Miners Reel From Increased Government Intervention In Major Projects
I find myself writing a lot about governments lately. With moves in the global legal and regulatory space seemingly coming fast and furious recently for resource companies. And this week…
Forget Inventories – Drilling Cutbacks Will Lead To Much Higher Oil Prices
Oil markets continue to debate the vagaries of how much crude and refined products are stored in big white tanks and floating carriers. The feeling is that there…
Shell Disappoints Analysts With Abysmal Earnings Report
Royal Dutch Shell disappointed with its second quarter earnings, reporting numbers much lower than what analysts had expected. Shell’s profits fell by 72 percent, dropping to $1.05…
Oil Majors Hit Hard As Refining Boom Comes To An End
British Petroleum, the first oil major to announce results on Tuesday, has reported the lowest refining margins for the April to June period in the past six years.…
Quiet Solar Revolution Unfolding In U.S. Despite Low Oil Prices
Oil is enduring a tough month, as further worries about the ongoing supply glut and declining demand push prices to their lowest point in three months. Yet as…
Geothermal Making Breakthroughs Using Oil Drilling Tech
Oil and gas companies have earned a bad reputation through their drilling practices, yet their advances in drilling technology that have made possible the extraction of oil and…
Poland Resists Global Shift Away From Coal
Across the U.S., Western Europe, and even in parts of Asia, coal is in secular decline. There will be very few coal power plants built in many western…
Oil Heads Lower For Sixth Day In A Row
Despite a weakening U.S. dollar wafting smelling salts under the nose of the crude market, prices are still unable to pick themselves up off the canvas, heading lower…
The Biggest Threat To Oil Prices Is The Dollar, Not A Supply Glut
The glut of gasoline and other refined products has taken center stage for the oil markets, threatening to initiate a new bear market and push oil prices
Is This The Beginning Of The End For Venezuela's Oil Sector?
I discussed in Prime Meridians this past weekend a $1.4 billion lawsuit brought against Venezuela state energy firm PDVSA. With the major this week filing a motion to…
Oil Industry About To Be Burned Again By Fall In Oil Prices
The current oil-price rally is over. U.S. rig counts have surged as oil prices sink. Capital is driving the oil markets and it enables bad behavior by producers.…
Crude Rally Unwinds Completely – Expect $40 Oil
Oil prices plunged on Wednesday as the EIA shocked traders once again, raising the possibility that the oil markets are not as close to “balance” as once thought.…
How Much Energy Does It Take To Fuel The Pokemon Go Craze?
Do you know how much energy it takes to connect one Pokémon GO player? You may neither know nor care but you will find out shortly: it
Why Tech Giants Are Investing Billions In Green Energy
Investors could be forgiven for wondering if many of the biggest tech companies are trying to outdo one another on their green energy credentials. Firms like Amazon, Apple,…
Why Renewables Can’t Do It Without Nuclear Power
Although both nuclear and renewables are useful to reduce carbon emissions, nuclear is not included in the most ideal power mix due to its waste management, expensive decommissioning…
