 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 hours | 2.745 | +0.011 | +0.39% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 25 mins | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 25 mins | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 25 mins | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 25 mins | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Breaking News:
Article Archive | Page 1265
Niger Delta Militants Take Entire Chevron Terminal Offline
According to Nigerian media, militants used explosives to blow up the Escravos terminals main electricity feed pipeline, rendering the terminal inoperable. Reuters has also reported that it has…
Would Regulated Oil Prices, Argentine-Style, Help U.S. Shale?
U.S. shale oil companies are filing for bankruptcy at an alarming rate, whereas, their counterparts in Argentina are having a gala time. When the U.S. shale oil drillers…
Why Did Saudi Arabia Kill OPEC?
The OPEC meeting is only a week away, but the chances of a positive result are as remote as ever. Rising oil prices, the heightened rivalry between Saudi…
2015 Worst Year For Oil Discoveries Since 1952
A report by Rystad Energy has revealed that new oil discoveries in 2015 totaled 12.1 billion barrels, which is the least amount of new oil discovered in…
Bakken Oil Patch At Risk Over Pipeline Lawsuits
One of the key factors in the survival of the Bakken oil patch in the future will be affordable transportation options. Bakken producers receive lower realized prices for…
Wells Fargo Reduces 66% of Credit Lines to Oil and Gas Players
Around 66 percent of Wells Fargo’s credit lines to energy exploration and production companies have been reduced as a result of the two-year drop in oil prices,
Does The U.S. Have A Plan For The Post-Oil Era?
The world's largest exporter of crude oil, the Kingdom of Saudi Arabia, recently announced a plan for its post-oil future. If a country almost synonymous with the oil…
Shell’s Job Losses Now Equal Facebook’s Entire Payroll
Royal Dutch Shell announced that it would eliminate another 2,200 positions, which means that its total job losses is roughly equivalent to the entire payroll of the…
Oil Chugs Higher But Slips On Gasoline Build
One hundred and seventy-two years after Stuart Perry patented the gasoline engine, and oil is chugging higher once more. As a decent crude draw was expected from the…
Does This $2.2 Billion Deal Reveal Where The NatGas Sector Is Going?
Lots going on in the global natural gas sector this week, with Argentina unveiling on Friday a very attractive fixed price of $7.50/MMBtu through to end 2018, and…
OPEC Head Calls for $65 Oil
A minimum price of $65 a barrel for oil is “badly needed at the moment” according to Qatari energy minister Mohammed bin Saleh al-Sada. On Tuesday, the Qatari…
Why Cheap Shale Gas Will End Soon
Enthusiasts believe that shale gas is simultaneously cheap, abundant and profitable thus defying all rules of business and economics. That is magical thinking. The recently released EIA…
India May Lose Prize Iranian Gas Field To Saudi Arabia
India’s state-owned oil and gas giant ONGC risks losing a massive Persian Gulf gas field in a contracting hurdle, as it races against Saudi Arabia to extract gas…
Mozambique’s LNG Dreams Falling Apart
Mozambique is heading towards a major default on outstanding loans related to offshore natural gas infrastructure, symbolizing the deflating hopes for a major source of new natural gas…
Soaring Electricity Demand Poses Climate Change Threat
One of the biggest drivers of climate change is the on-going development of third world nations. Around the globe, countries that have spent centuries with economies largely built…
Oil Rally Pauses After Canada, Iran Up Production
We begin by looking at some of the critical figures and data in the energy markets this week, which show that oil markets have remained steady, with global…
China Moves Into U.S. Wind Sector
Chinese wind turbine maker Goldwind announced that it bought the Rattlesnake wind power project in Texas from Renewable Energy Systems for an undisclosed amount, making this the…
Venezuelan State-Run Oil Co. To Pay Suppliers With Debt Swap
Struggling to stay afloat as the Venezuelan economy crumbles and unrest becomes riotous, the country’s state-run oil company, PDVSA, is reportedly offering service providers a debt-swap deal in exchange for…
Oil Prices Spike Ahead Of Inventory Reports
One hundred and thirty-three years after the Brooklyn Bridge was opened to traffic, and crude is trying to navigate troubled water once again. Choppiness today comes courtesy of…
Upcoming Labor Negotiations Might Boost Copper, Platinum Prices
The world’s #1 producing nations for platinum and copper are facing a common problem this week. And latest developments suggest this issue could be a potentially explosive one. The challenge…
