 |
Louisiana Light • 2 days | 89.15 | -0.01 | -0.01% | ||
|
Bonny Light • 19 hours | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% | ||
|
Mars US • 166 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.730 | +0.002 | +0.06% |
|
Bonny Light • 19 hours | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 19 hours | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% |
|
Peace Sour • 11 hours | 78.03 | -0.58 | -0.74% | ||
|
Light Sour Blend • 11 hours | 81.08 | -0.58 | -0.71% | ||
|
Syncrude Sweet Premium • 11 hours | 88.03 | -0.58 | -0.65% | ||
|
Central Alberta • 11 hours | 78.43 | -0.58 | -0.73% |
|
Eagle Ford • 2 days | 81.84 | -0.05 | -0.06% | ||
|
Oklahoma Sweet • 2 days | 81.75 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 6 days | 89.36 | +0.64 | +0.72% |
Breaking News:
Article Archive | Page 1257
Permian Springs To Life With $50 Oil
Last week saw the first significant increase in the number of active drilling rigs in the U.S. since the start of this year, suggesting that optimism is…
Norway Set To Ban Fossil Fuel Cars In 2025
Tiny oil rich Norway might be the last country one would expect to give a huge boost to Tesla, yet it appears that the wealthy Nordic nation is…
Why This Mega NatGas Project Might Not Go To The Oil Majors
The upcoming Cyprus bid round may be one of the best opportunities of the year — to build a new oil and gas empire. When the tiny Mediterranean…
Saudi Authorities Panic As Speculators Drive Currency Down
With Saudi Riyal forwards plunging back below 3.81, dramatically weaker than the current peg, Bloomberg reports that Saudi authorities are cracking down on currency traders as speculation…
Saudi Arabia Raises Oil Prices to Asia But Cuts Prices to Europe
In a sign that demand continues to rise and oil markets are moving closer to balance, Saudi Arabia increased its prices for crude heading to Asia and the…
U.S. Crude Exports Hit 96 Year High
U.S. crude oil exports rose to 591,000 barrels per day in April, up 83,000 barrels from March, according to new data from the U.S. Census Bureau on Friday. The…
Oil Up As Global Outages Seriously Impact Crude Supplies
One hundred and thirty-four years after H.W. Seely patented he first electric iron, and the crude complex is unable to get rid of the wrinkles from supply concerns.…
Does Iran Have The Upper Hand In OPEC Oil War
Traditional rivals, Saudi Arabia and Iran, continue to fight to prove their supremacy in OPEC. Neither gives up an opportunity to hurt the other, whenever and wherever they…
OPEC’s Latest Failure Creates Opportunities For Traders
No one should be surprised at the outcome of the latest OPEC meeting, which was only hastily scheduled after the disastrous non-event that occurred in April. Still, no…
Colombian Oil Patch Needs $70 Billion To Survive
Colombia’s energy industry needs $70 billion in fresh investments over the next ten years just to survive, according to the head of the country’s oil association, Jose…
Eagle Ford Halts Decline As Texas Oil Production Spikes
Dean has provided me with his latest update for Texas Oil and Natural Gas production. Texas C+C output has increased slightly over the first 3 months of 2016.
Why Oil Failed To Rally Further
Oil prices have been on a tear for the last month or so. A combination of a retreat by the dollar from its highs, increasing signs that low…
Oil May Not Be Ready To Breach $50
Friday, June 3, 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…
Fundamentals Don’t Support Oil’s Breakout… Yet!
July crude oil futures are in the process of posting an inside move on the weekly chart. To non-chart watchers, it means the market failed to produce a…
How Corruption And Oil Crime Are Tearing Nigeria Apart
Political risk has always been a part of oil business, and today’s situation in Nigeria is no exception. Over the past several months the insurgency in the Niger…
South Africa Revs Up Its Renewables Program
Already the continent’s largest producer of renewable energy, South Africa is moving to further reduce its reliance on hydrocarbons by expanding private sector investments in solar and wind…
Inevitable OPEC Failure Provides Opportunity To Buy
No one should be surprised at the outcome of the latest OPEC meeting, which was only hastily scheduled after the disastrous non-event that occurred in April. Still, no…
Global Energy Advisory June 3rd 2016
Politics, Geopolitics & Conflict After Turkey’s infamous downing of a Russia jet at the height of the Syrian conflict, Russia flooded the news networks with ‘evidence’…
Niger Delta Avengers Threaten to Take Nigeria’s Oil Production To “Zero”
The Niger Delta Avengers have threatened to take Nigeria’s oil production down to “zero.” In another wave of assaults on Nigeria’s oil infrastructure, the militant group in the…
Why OPEC’s Inaction Didn’t Harm Oil Markets
In this week’s key data for the oil and gas industry, we continue to see a decline in U.S. crude inventories and gasoline stocks while U.S. production keeps on following…
