 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 22 hours | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.770 | +0.012 | +0.43% |
|
Bonny Light • 22 hours | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 22 hours | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 21 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 21 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 21 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 21 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 22 hours | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Article Archive | Page 1294
Demand For Oil Slows As Globalization Reaches Limits
We have been living in a world of rapid globalization, but this is not a condition that we can expect to continue indefinitely.
Anadarko Slashes 80% Of Onshore Rigs, To Lay Off 95% Of Contractors
Anadarko Petroleum Corp. (NYSE:APC) will not only be slashing its capital budget this year by 50 percent and its rig count by 80 percent in order…
Saudis Turn To Capital Markets For $10 Billion Loan
Saudi Arabia is seeking a $10 billion loan from international banks, according to Reuters, which represents the country’s first major loan in more than a decade. The Saudi government is…
Oil Prices Seesaw On Declining U.S. Production, Increasing Stockpiles
One hundred and ninety-nine years after the first commercial steamboat route from (the mighty!) Louisville to New Orleans was opened, and the crude complex appears to…
Does This "Panic Index" Show A Major Crisis Coming In Oil And Gas?
Little-reported but extremely critical data point for the oil and gas industry emerged yesterday. With insiders in the debt business saying that risk levels in the…
Is This The Best Operating Model For Big Oil?
Many of the successful companies of the 21st century had two things in common. Firstly, they were visionary. They accurately understood, early on, what the…
Iran’s Election Results Could Be Good News For Oil Majors
Iran’s 26 February parliamentary and Assembly of Experts elections saw strong gains for pragmatic forces, heralding a new openness in Iran and a much better window…
Canadian Oil Slammed By Low Prices, Pipeline Woes
Canada has been particularly hit hard during the downturn in oil prices. A major oil-producing country, Canada rode the commodity wave upwards over the past decade,…
Oil Tankers Shun Suez Canal In Search of Cheaper Route
At a time when Egypt has just raised $8 billion to expand the Suez Canal project, reports are surfacing that global cargoes are increasingly bypassing the…
Former Chesapeake CEO Dies in Car Crash 1 Day After Federal Indictment
The former head of Chesapeake Energy died in a car crash in Oklahoma on March 2, one day after he was indicted on antitrust charges by the U.S. Department…
In Risky Move Wall St. Backs Shale With Nearly $10 Billion In Equity
If Saudi Arabia is shocked at the relentless ability of the U.S. shale "marginal producers" to continue pumping even with oil prices below breakeven costs for many (which as reported…
Oklahoma Shale Gas Icon Indicted For Rigging Lease Auction
The former head of Chesapeake Energy has been indicted on antitrust charges by the U.S. Department of Justice. Aubrey McClendon made a name for himself at…
Storage Stalemate Subdues Oil Prices
On the day that Lou Reed would have celebrated his 74th birthday, the oil market is taking a walk on the wild side ahead of EIA…
China To Secure Future Oil Supply With This $10 Billion Loan
Brazil has been one of the hottest plays going in the oil and gas sector the last several years. But recent financial and corruption woes in…
$32 Billion Loss Forces Pemex To Downgrade Offshore Ambitions
“Pemex is facing short-term financial difficulties,” Pemex’s new CEO José González Anaya told investors in a conference call on Monday. The…
This Might Be A Multi-Billion Opportunity For Oilfield Services
Big oil and renewables don’t always have to be adversaries, and nothing speaks to this more than the emerging offshore wind opportunity in the U.S. that…
How To Spot Survivors In North American Oil
Saudi Arabia continues to talk tough and make headlines for its stance in oil. Last week, the Kingdom’s oil minister advocated for a straight forward…
The Race Between U.S. And Australian LNG Just Started
Cheniere Energy reached a milestone on February 25, dispatching the first shipment of LNG from its facility at Sabine Pass, Louisiana. The LNG tanker Asia…
Oil Finds Some Support As U.S. Output Falls
To begin with we will take a quick look at some of the critical figures and data in the energy markets this week, before establishing the key market movers and…
A Shrewd Approach To Oil Investing
The Federal Reserve Bank in St. Louis recently released a report speculating oil reaching $0 a barrel. They built a financial model based upon the…
