 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 22 hours | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 34 mins | 2.723 | -0.002 | -0.08% |
|
Bonny Light • 22 hours | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 22 hours | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 21 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 21 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 21 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 21 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
Breaking News:
Article Archive | Page 1263
Is Kazakhstan About To Nationalize More Uranium Assets?
I wrote in March about world’s top uranium nation, Kazakhstan, making thinly-veiled threats against uranium miners. And this past week, we may have seen the first moves…
3 Years Of Painful Cuts Sets Markets Up For Serious Supply Crunch
Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy,…
Chinese Company Makes a Splash in Texas Shale
Chinese conglomerate Yantai Xinchao has US$1 billion to blow and is looking to buy oil-producing assets in the Permian Basin as it moves aggressively to expand its…
The Crude Crash Has Created Oil’s Technological Superpowers
Falling oil prices which started in late 2014 have highlighted an increased emphasis on the cost of producing oil, particularly from shale oil formations in the U.S. With…
Rising Oil Prices May Hit Asian Consumers
For growing Asian economies, the oil price drop that started in mid-2014 was very welcome. It allowed them to cut petrol subsidies that were taking their toll on…
Trump's Energy Policy: Less Regulations And Approval For Keystone XL
Gearing up for a campaign against the Democratic nominee for president, Donald Trump vowed on Thursday to pull the United States out of the Paris climate agreement…
Is America’s Vision for Renewal Energy a Mirage?
We’ve seen it before. Tough talk in the early ‘70s for an energy independent America as OPEC’s oil embargo quadrupled the price of petroleum from $2.90 a barrel to $11.65…
Despite Oil Price Uncertainty Kuwait Spends Big On Infrastructure
The Kuwaiti government remains committed to rolling out its plan despite uncertainty over global oil prices. A host of public construction contracts have been awarded so far this…
NATO Energy Security Threatened By Karabakh Conflict
The periodic escalation of violence in and around the separatist Azerbaijani territory of Karabakh routinely raises concerns about this conflict’s threat to regional energy security and pipeline infrastructure.…
Why It’s Still A Great Time To Pick Up Oil Stocks
As Brent oil touched $50 a barrel today for the first time since November of 2015, we've banked a lot of profit in our core Exploration and Production…
The Danger Of Round Numbers: WTI’s Rapid Retreat from $50
Yesterday, to much fanfare from the online financial sites and business television stations, WTI, the benchmark for U.S. oil, broke through the $50 level. No sooner had the…
Oil Majors Have Seen Debt Double And Spending Fall 45%
Friday, May 27, 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 the energy…
Global Energy Advisory May 27th 2016
Politics, Geopolitics & Conflict • Niger Delta: This is only the beginning• Libya: Division of oil spoils hasn’t been decided yet … • South…
Crude Oil Setting Up For Top And Two-Week Correction
July crude oil futures crossed to the strong side of $50.00 per barrel on May 26, but traders apparently didn’t like the view since the market settled twenty-five…
The End Of The Petro-State Era
Pity the poor petro-states. Once so wealthy from oil sales that they could finance wars, mega-projects, and domestic social peace simultaneously, some of them are now beset by…
U.S. Oil Rig Count Declining Again After Single-Week Reprieve
The oil rig count fell again this week from 318 to 316 after last week’s slight reprieve, coming in at the lowest at any point in time since…
Oil On Firm Footing at $50?
This week’s key data from the oil and gas industry shows that both the ongoing decline in U.S. oil production and decreasing crude stockpiles have bumped up oil…
U.S. Oil Company Sets New Record: Headed For Second Bankruptcy in One Year
For the second time in less than a year, oil services provider Hercules Offshore is heading for Chapter 11 bankruptcy protection by entering a restructuring support agreement…
Wave Of Profit-Taking Keeps Oil From Breaking Out
Forty-one years to the day after the birth of chef Jamie Oliver, and the recent rally in oil is looking a wee bit overcooked, after having a nibble…
Why Chevron Is Investing $37B In The World’s ‘’Most Difficult Oil’’
I wrote Wednesday about Australia’s Oil Search making a major $2.2 billion investment in Papua New Guinea natural gas. Noting this as a sign the right projects…
