 |
Louisiana Light • 4 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 184 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 15 mins | 2.553 | -0.002 | -0.07% |
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 3 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 3 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 3 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 3 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 3 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 4 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 4 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 6 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 7 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 1245
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…
Why Saudi Arabia Continues To Pump Crude At Record Levels
As the Financial Times reported on 12 July, Saudi Arabia’s oil-output reached record highs in June 2016. Increasing production 280,000 barrels/day to 10.6m b/d, Saudi Arabia has…
Nigeria Loses 700,000 bpd Crude Output To Militant Attacks
Recent military attacks on oil infrastructure in Nigeria have dragged the country’s daily crude production down by 700,000 barrels per day (bpd), figures by the Nigerian National…
Statoil Posts $300M Loss In Q2, Blames Wavering Upstream Revenue
Statoil reported its second quarter figures on Wednesday, revealing a second-quarter loss that disappointed analysts’ expectations. The Norwegian oil company lost just over $300 million on the quarter, meaning…
Oil Extends Losses As EIA Reports Filling Inventories
As the latest weekly inventory report from the EIA shows builds to both crude and gasoline, prices have reversed course and are charging lower. Hark, here are six…
Oil Tanks After EIA Reports 1.7M Barrel Crude Build
The Energy Information Administration said that commercial crude oil inventories gained 1.7 million barrels in the week to July 22, reaching 521.1 million barrels. This is a…
Oil Majors Show Interest In Cyprus Offshore Bid Round
Critical development this week in one of the world’s most important emerging natural gas plays. Where the entrance of a major E&P may signal a massive prize waiting…
World Bank Lifts 2016 Crude Price Forecast But Glut Continues
Following robust demand for crude and disruptions to supply in the second quarter, the World Bank raised on Tuesday its 2016 forecast for crude oil prices to…
Low Oil Prices Kill Off 7 Billion Barrels Of Oil Production
Capital expenditure cuts of $150 billion for 2016 and 2017 by U.S. exploration and production companies are expected to result in average production losses of 4.2 million barrels…
Oil Bust Endures For Big Oil As Refining Margins Deteriorate
Second quarter earnings season is underway and BP was the first oil major to kick off the fun. The British oil giant reported its third consecutive quarterly…
Tesla On Course To Open Gigafactory Early, But Plenty Of Hurdles Remain
If one follows the media coverage of Elon Musk, the overwhelming impression would be of a man in a huge rush. The last couple of weeks have been…
What Will Happen To Turkey’s Energy Security Following The Failed Coup?
On July 15, 2016, a new chapter opened in Turkish political history. A group of military officers attempted a coup to overthrow the Erdogan regime in Turkey. Recep…
Congress Could Offer Huge Tax Incentives To Energy Storage
The energy storage market is one of the most exciting and fastest growing new industries in the utility space right now. The market grew by several hundred percent…
Bout Of Bearish News Sees Oil Fall To Three Month Low
A toxic combination of an increasing gasoline glut an increasing rig count and a strong dollar continue to up downward pressure on oil prices.
Libya’s Oil Deal Turns Sour As Army Chief Threatens To Bomb Tankers
The chief of staff of the Libyan army has warned foreign companies the army will fire at any non-Libyan tanker entering the country’s territorial waters. The warning…
North Sea Platform Workers Launch Biggest Strike in Decades
As many as 400 oil platform workers have stopped work for 24 hours in what is the largest industrial action in the North Sea for the last 28 years. The…
