 |
WTI Crude •10 mins | 59.98 | -0.66 | -1.09% |
 |
Brent Crude •10 mins | 62.96 | +0.26 | +0.41% |
|
Natural Gas •10 mins | 2.844 | +0.005 | +0.18% |
|
Mars US •2 hours | 59.75 | -0.29 | -0.48% |
|
Opec Basket •2 days | 64.24 | -0.13 | -0.20% |
|
Gasoline •10 mins | 1.937 | +0.001 | +0.03% |
|
Louisiana Light •2 days | 62.94 | -1.01 | -1.58% |
|
Marine •21 hours | 61.42 | -2.73 | -4.26% |
|
Murban •21 hours | 61.70 | -2.85 | -4.42% |
|
Iran Heavy •21 hours | 60.12 | -1.71 | -2.77% |
|
Basra Light •21 hours | 63.07 | -1.03 | -1.61% |
|
Saharan Blend •21 hours | 63.04 | -1.58 | -2.45% |
|
Bonny Light •21 hours | 62.71 | -1.25 | -1.95% |
|
Canadian Crude Index •21 hours | 48.25 | -0.96 | -1.95% |
|
Western Canadian Select •20 hours | 49.64 | -0.26 | -0.52% |
|
Canadian Condensate •20 hours | 59.64 | -0.86 | -1.42% |
|
Premium Synthetic •20 hours | 61.04 | -0.86 | -1.39% |
|
Sweet Crude •20 hours | 58.39 | -0.81 | -1.37% |
|
Peace Sour •20 hours | 56.64 | +0.64 | +1.14% |
|
Louisiana Light •2 days | 62.94 | -1.01 | -1.58% |
|
Domestic Swt. @ Cushing •21 hours | 56.25 | -1.00 | -1.75% |
|
Giddings •21 hours | 50.00 | -1.00 | -1.96% |
|
ANS West Coast •5 days | 64.38 | -1.90 | -2.87% |
|
West Texas Sour •21 hours | 53.70 | -2.06 | -3.69% |
|
Eagle Ford •21 hours | 57.65 | -2.06 | -3.45% |
Breaking News:
Article Archive | Page 1254
An Update to the Oil "Head-Fake" Scenario
With the world teetering on the edge of another global financial meltdown, it's a good time to revisit my May 2008 Oil "Head-Fake" Scenario. In May 2008 I proposed the…
Environmental Markets at Centre of Chesapeake Clean-Up Plan
In a ground-breaking initiative that could trigger a new era in ecosystem markets, the Obama administration issued an executive order yesterday to protect and restore the Chesapeake Bay, the US’s…
UK Public Debt Spiralling out of Control – Will it Become the Next Greece
Now that the Greek debt crisis has been "fixed" by a gigantic pile of more debt, many are wondering which European nation will be next to experience a massive debt…
American Power Act by Sens. Kerry/Lieberman
Senators John Kerry (D-MA) and Joe Lieberman (I-CT) released their climate and clean-energy legislation yesterday. Sen. Kerry said the bill is essential for the United States to remain globally competitive…
The Bond Check-In
Lots of concern the last few weeks over sovereign debt. Investors globally were wondering how Greece would fund its budget shortfalls. Now we're looking at how Europe is going to…
Chesapeake Energy Investment Signals Sovereign Wealth Fund Appetite for Global Resources
One of Asia’s most active sovereign wealth funds is investing up to $1 billion in the U.S. company that helped pioneer production of shale gas, Chesapeake Energy. Temasek Holding, a…
Cheap Oil: The Engine of America
The foundation of the American lifestyle and economy is cheap oil. Remove that prop and every aspect of that lifestyle becomes questionable. Not to sound too cinematic, but everywhere I…
State Security: A Strategic Partnership between Moscow and the West
Russia, Europe and the US should form a firm alliance against common threats, which, if not addressed together, will grow to pose grave challenges to their security. On 9 May,…
How to avoid Oil Price Volatility
From 1949 until 1973, the average annual price of oil fluctuated within a 7% band, but from 1981 through 2009 the variation leapt to almost 10 times that amount. A…
Nigerian Uncertainties Created by Presidential Election Ambition May Hurt Global Energy Markets
The apparent decision on May 11, 2010 — discreetly revealed by two Nigerian newspapers the next day — that Nigerian Pres. Dr Goodluck Jonathan would be interested in contesting the…
China’s Hydroelectric Sector Crippled by Severe Drought
The unexpected things often determine the results of energy experiments or expectations. It is also axiomatic that nothing is ever perfect in this business. For proof of those two thoughts,…
Exotic investment Vehicles: An Unproductive Abuse of Capital
Michael Lewitt has an interesting new book out, called "The Death of Capital". In it, Lewitt attacks speculative investment activities such as private equity buyouts. He notes that such speculation…
Piracy In The Puntland Region of Somalia
The Puntland region of Somalia has, in recent years, been increasingly seen as the springboard for piracy against commercial vessels operating in and through the Gulf of Aden at the…
U.S. to Restructure Offshore Drilling Regulatory Agency in Wake of Oil Spill
The Obama administration said it will restructure the little-known agency overseeing offshore drilling, splitting is regulatory oversight duties from its lease management responsibilities – a joint task critics say is…
5 Issues with Algae Fuels
Here are 5 issues with Algae fuels that are covered in my new book on jatropha and algae as fuel sources. 1. The present cost of algae production from open…
The Greek Debt Crisis: Hype and Manipulation or is the World Economy Really at Risk
Everywhere you turn in the financial media right now you see some "expert" declaring that the Greek debt crisis has become a "contagion" which is going to spread all over…
4 Economic Predictions: What Remains when you Scrape Away the Hype
Market fluctuations are mostly noise. To understand the trends beneath the surface noise, we need to establish an integrated context. The Mainstream Financial Media (MFM) is famously (or infamously) deficient…
8 Long Term Economic and Environmental Effects of the Gulf Oil Spill
As oil continues to pour into the Gulf of Mexico at a staggering rate, many are now starting to realize that the pain from this oil spill will be felt…
A New Look at National Security: Oil, Fertilizer and Energy Demand
The BP oil spill has released more than four million gallons of crude into the Gulf of Mexico to date, threatening the southern US coast. As congressional hearings begin, the…
Irish Conference Seeks to Exploit Island’s Tidal Energy Resources
An all-Irish conference on exploiting the island’s potential for marine energy brought together 60 U.S. companies with officials from both the Republic of Ireland and Northern Ireland this week. The…
