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WTI Crude •10 mins | SellBuy | 61.01 | -0.34 | -0.55% |
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Brent Crude •10 mins | SellBuy | 64.91 | -0.41 | -0.63% |
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Natural Gas •10 mins | SellBuy | 2.668 | -0.024 | -0.89% |
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Heating Oil •10 mins | SellBuy | 1.849 | -0.005 | -0.25% |
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Gasoline •10 mins | 1.972 | -0.012 | -0.60% | |
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Louisiana Light •2 days | 64.66 | -0.77 | -1.18% | |
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Louisiana Light • 2 days | 64.66 | -0.77 | -1.18% | ||
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Bonny Light • 1 day | 64.07 | -0.02 | -0.03% | ||
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Opec Basket • 2 days | 65.36 | +0.26 | +0.40% | ||
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Mars US • 10 hours | 61.60 | -1.32 | -2.10% | ||
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Gasoline • 10 mins | 1.972 | -0.012 | -0.60% |
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Bonny Light • 1 day | 64.07 | -0.02 | -0.03% | ||
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Girassol • 1 day | 64.56 | +0.15 | +0.23% | ||
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Opec Basket • 2 days | 65.36 | +0.26 | +0.40% |
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Peace Sour • 6 hours | 56.10 | -1.32 | -2.30% | ||
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Light Sour Blend • 6 hours | 56.95 | -1.32 | -2.27% | ||
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Syncrude Sweet Premium • 6 hours | 60.35 | -1.32 | -2.14% | ||
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Central Alberta • 6 hours | 56.10 | -1.32 | -2.30% |
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Eagle Ford • 1 day | 59.25 | -1.09 | -1.81% | ||
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Oklahoma Sweet • 1 day | 58.00 | -1.25 | -2.11% | ||
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Kansas Common • 2 days | 52.75 | -1.00 | -1.86% | ||
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Buena Vista • 2 days | 68.78 | -0.94 | -1.35% |
Breaking News:
Article Archive | Page 1286
Oil Prices Rise Amid Mixed Economic Data as Euro Concerns Ebb
Oil Market Summary for 02/16/2010 to 02/20/2010. An easing of the crisis in Europe gave energy markets a firm tone last week that enabled crude oil futures to gain nearly…
Peak Oil and the Investment Landscape: A Look at the Potential Winners and Losers
Last month, I explained in an article how and why the world is approaching a worldwide peak in oil production sometime in the next decade. Although…
US Energy Security Placed at risk as Oil & Gas Companies are Penalised by Obama Administration
The Obama Administration is currently pursuing a misguided and dangerous war on the oil and natural gas industry, blaming it for not doing enough to curb greenhouse gas emissions. Not…
Libya Courting Oil & Gas Investors but Faces a Tough Sell Following Recent Government Fiascos
The Libyan government has been sounding off lately about boosting the profile of its oil and gas market, but it’s questionable whether international companies will ignore the government’s missteps in…
The Potential of Natural Gas as a Future Energy Source
On January 18, 2010, during the discussion of the Global Energy Outlook panel of the World Economic Forum held in Davos, Switzerland, Mr. Peter Voser, President and CEO of Royal…
Losing the Red Queen's Race
The Red Queen's Race is an apt analogy for the meltdown in assets and debt now swamping the global economy. The a href="http://en.wikipedia.org/wiki/Red_Queen's_race">Red Queen's race refers to running…
Kill American Oil & Gas ration Bans, Unlock $2.4 TrillionExplo
A major moratorium on U.S. domestic oil and gas exploration expired in 2008, yet its extension is now being considered. Thing is, despite vigorous alternative energy…
Fed Chooses to Exit Through Eye of Needle
Ben Bernanke is making sure the Fed's exit strategy goes as easily as a camel can pass through the eye of a needle. Instead of choosing to just sell assets…
Oil Sands receive a big vote of confidence from Oil Major BP
News came yesterday that oil major BP is close to a deal in the Alberta oil sands. It appears that BP is the preferred bidder for a majority stake in…
More About Oil (Part 2): OPEC'S STRATEGY
The IEA has apparently calculated that OPEC earned 575 billion (U.S.) dollars in oil export revenues in 2009, a relatively depressed year, and might earn more than 700 billion this…
More About Oil (Part 1): A Preview of The New Decade
In 20 years I predict energy wars over oil and gas resources. By the time it becomes politically profitable to react to problems in the transport energy sector, it will…
China's Monetary Moves Undercut Crude Oil Rally
Oil Market Summary for 02/08/2010 – 02/12/2010. Crude oil prices took a dive on Friday after a week of gains from U.S. blizzards were undercut by another move in China…
Two Important Observations About Nuclear Energy
Several years ago I gave a lecture on oil in Paris, and everything went well until I put in a good word for nuclear energy. That was when the scowls…
New Invention Using Spent Nuclear Fuel Rods Could Unlock U.S. Oil Reserves Three Times Larger Than Saudi Arabia's
There's some incredible new oil extraction technology being investigated over at Nuclearhydrocarbons.com. Essentially, the U.S. has a lot of spent nuclear fuel (SNF) rods from…
The US-PRC Strategic Divide Begins
The simmering difficulties in the US strategic relationship with the People’s Republic of China (PRC) were, by the beginning of 2010, ready to emerge despite the attempts of the US…
Iran Unfazed By Congressional Threats of New Energy Sanctions
U.S. lawmakers are toughening their stance on Iran’s energy industry with new economic penalties, but experts doubt the Islamic regime will pay much attention and is more likely to open…
The U.S. Dollar is Finally Getting Invited Back to the Investment Party
The U.S. Dollar is Finally Getting Invited Back to the Investment Party The buck is up 6% against the euro in the last three weeks. Notwithstanding problems in Greece and…
Endless Oil: Prices NOT Peaks are the Issue
”Endless Oil” is the title of a piece in Business Week (Jan, 18, 2010). Its author is Stanley Reed, and it was interesting for me because I remember when Business…
Crude oil prices drop as investors seek safe haven in the U.S. dollar
Oil Market Summary for 02/01/2010 to 02/05/2010. After starting the week on a firmer note, oil prices fell sharply toward the end of the week in a general market sell-off…
Oil Futures Plunge, Bond Markets Vote America (Alert)
February 5, 2010. Statsweeper registered alerts across the entire WTI oil futures complex yesterday. Prices fell dramatically, with all six of the nearest contracts down over…
