 |
Louisiana Light • 4 days | 87.09 | +0.49 | +0.57% | ||
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 4 days | 87.52 | +0.17 | +0.19% | ||
|
Mars US • 171 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 15 mins | 2.690 | +0.004 | +0.15% |
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 1 day | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 4 days | 87.52 | +0.17 | +0.19% |
|
Peace Sour • 50 mins | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 50 mins | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 50 mins | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 50 mins | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 4 days | 79.62 | +0.41 | +0.52% | ||
|
Oklahoma Sweet • 4 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 6 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 5 days | 86.90 | +0.04 | +0.05% |
Breaking News:
Article Archive | Page 1273
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…
Hold Out On Those Long Term Stock Picks
It’s not quite time for a victory lap, but some credit should come from an oil market that has clearly seen its lows and has taken…
How To Play The Oil Majors In 2016
This week saw the first of the major multinational, diversified energy companies reporting earnings for the first calendar quarter of 2016. As expected, they have not…
Refining Margins Improve As Oil Hits $45
Friday, April 29, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this…
Global Energy Advisory April 29th 2016
Politics, Geopolitics & Conflict Splitting the Libyan Spoils Let’s get Libya out of the way first. It should not be necessary to mention this, and in general we find it…
Bears Versus Bulls, Can This Rally Hold?
Now that June Crude Oil futures have cleared more than a few hurdles on the daily and weekly charts, it’s time to take a look at…
Oil Rallies On As Traders Ignore Red Flags
In the latest key figures from the oil and gas industry we see that oil rallied throughout the week, ignoring the fact that U.S. crude oil…
How Microgrids May Transform The Future Of Energy
Much of the focus in the debate over the future of the energy and utility industries is focused on the efficacy of renewable power plans to…
Weaker Dollar Continues To Drive Oil Prices Up
Two hundred and three years after J.F. Hummel patented rubber, and the oil market is bouncing once again. Yesterday’s dollar weakness was encouraged by a super-strong…
Physical Gold Demand At A 6 Year Low But Prices Soar
Gold is looking strong again this week — gaining after the Bank of Japan unexpectedly held off on stimulus Thursday, causing a decline in the dollar. Gold stocks are also…
Why Canada’s Oil Industry May Never Be the Same
Never is a long time. The dictionary definition is, “at no time in the past or future; on no occasion; not ever.” In the volatile oil…
Russia And Saudi Arabia Locked In Relentless Fight Over China's Oil Market
Russia and Saudi Arabia have been (relatively) quietly fighting for market share in China ever since oil prices started their downward spiral in mid-2014—now the battle…
Venezuela’s Electricity Blackout Could Cut Off Oil Production
On Tuesday, Venezuela shortened its workweek to just two days as the country suffers through a deepening power crisis. Venezuela sources about 60 percent of its…
How The Debacle At Doha Marked The End Of An Era
Sunday, April 17th was the designated moment. The world’s leading oil producers were expected to bring fresh discipline to the chaotic petroleum market and spark a…
