 |
Louisiana Light • 1 day | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 11 mins | 2.711 | -0.003 | -0.10% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 3 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 3 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 3 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 3 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 1 day | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Article Archive | Page 1271
The Last Great Frontier For Cheap Oil And Gas?
As oil prices continue their slow rebound on optimism around an eventual rebalancing of the market, there is a lot of talk among commentators about the…
Oil Prices Fall Back as Rally Hits a Ceiling
When looking at some of the key figures for oil and gas this week, we see that oil prices have hit the ceiling at $48, while the U.S. rig count…
Why The Petrodollar Is Facing Its End
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While the…
Weak Data, Strong Dollar Pressure Crude Lower
Despite it being James Brown’s birthday (he would have been 83 today), and despite yesterday’s sell-off, oil prices are struggling to get up, get on up.…
OPEC’s No. 2 Under Serious Threat From Political Instability
For weeks, large gatherings of protestors have roiled the political establishment in Iraq, forcing the government to scramble to address their concerns while also holding onto…
China Looking To Secure Oil Supplies By Buying Stake In Rosneft
Russian Deputy Energy Minister Alexei Teksler said a couple of weeks ago that Chinese state giant CNPC is interested in participating in the partial privatization…
Why Iran’s Shale Oil Discovery Won’t Add To The Glut
Mohammad Reza Kamali, Director of the Center for Exploration and Production in Iran’s Oil Ministry, announced a new shale oil discovery in the Lorestan Province…
Low Oil Prices? Texas Is Doing Just Fine
With the oil price crash now nearly two years in, there have been some obvious casualties. Dozens of oil related firms have declared bankruptcy, oil service…
Gazprom Wants to Turn Bahrain Into A Gas Hub
Russian state-owned oil and gas giant Gazprom is currently working out the matter of creating a liquefied natural gas (LNG) distribution hub in Bahrain. The hub…
Halliburton-Baker Hughes Merger Officially Dead
The blockbuster merger between the second and third largest oilfield services companies is now officially dead. On May 1, Halliburton and Baker Hughes announced the…
Oil Prices Edge Lower As OPEC Nears Record Output
Forty-two years to the day after the filming of “Jaws” began (in Martha’s Vineyard, Massachusetts), and the bears are smelling blood in the water for a…
This Data Shows The Shale Debt Crisis Is Hitting Record Levels
The bankruptcies are continuing fast and furious across the energy sector. With the ill-effects spreading beyond just the oil and gas business — evidenced by major…
Russian NatGas Mega Project Finds Funding Despite Sanctions
Big news in energy project finance this week, with a mega-project that no one thought could succeed coming through with a massive finance package. That’s the…
Why China Is Really Dictating the Oil Supply Glut
Ship tracking data from Bloomberg shows that 83 supertankers carrying around 166 million barrels of oil are headed to China, which has stockpiled an impressive…
The Merger That Could Create a New Oil Major
At a time where many oil companies need to shed assets and spin off businesses to keep themselves alive, there are certain companies that are perfectly…
North Sea Oil Town Hit Hard By Low Prices
2016 is proving to be another difficult year for North Sea Oil. In March, former chairman of energy services company Wood Group, Sir Ian Wood, said the oil and gas…
What Do Brent Spreads Know That We Don’t
• The most important fundamental development of the week, in our minds, is the evolving market share battle among OPEC + Russia. Saudi Arabia sold a…
Should Exxon Mobil Shareholders Be Worried About a Ratings Cut?
One might think that a ratings cut would hurt a supermajor, but when Standard & Poor's Ratings Services recently downgraded Exxon Mobil’s AAA rating to AA+,…
Lets Stop Pretending Nuclear Power Is Commercially Viable
First its new president, Jean-Bernard Levy, said French state utility EDF would delay a decision on its joint French-Chinese nuclear project in the UK, Hinkley Point.…
Horizontal Land Rig Count Summary 29th April 2016
The horizontal U.S. land rig count fell 8 to 324 and the total land rig count fell 10 to 391. Tight oil lost 4 rigs--3 in the Eagle Ford and…
