 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.602 | +0.025 | +0.96% |
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 2 days | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 13 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 13 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 13 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 13 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 75.48 | -2.93 | -3.74% | ||
|
Oklahoma Sweet • 2 days | 75.50 | -2.75 | -3.51% | ||
|
Kansas Common • 3 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 4 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 1306
A Significant Fundamental Shift for Oil Amongst All of the Noise
It has been another wild week for those of us that track and trade the oil market. It started with a two day decline of nearly…
Oil Price Slump Takes Its Toll On Emerging Markets
Friday, February 5, 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 February 5th 2016
Politics, Geopolitics & Conflict Report • Yemen: Fighters from al-Qaeda in the Arabian Peninsula (AQAP) have retaken the Yemeni town of Azzan in the Shabwa province after a several year…
OPEC-Russian Cooperation Rumor Not Dead Yet
With apologies to Sargent Joe Friday from the old Dragnet television series, this week I want to talk about the facts and only the facts, and…
In Spite Of Plunging Rig Count, Oil Erases Earlier Gains
As we look at some vital statistics on the oil and gas industry. We see that U.S. crude inventories have surpassed the 500 million barrels milestone and that nationwide average…
U.S. Rig Count In Free Fall: Plunges By 48 In One Week
The U.S. rig count plunged this week, as the deleterious effects of the deeper fall in oil prices since December start to be felt. According to…
Obama Proposes $10 Tax On Each Barrel Of Oil
The Obama administration will reportedly unveil a proposal next week that would place a $10 tax on each barrel of oil produced in the United States. The proposal is part…
Despite Bold Predictions, T. Boone Pickens Sells All Oil Holdings
Just four days ago, on Monday afternoon, "legendary" oilman T Boone Pickens said that crude has hit bottom at $26 per barrel, and predicted that prices should double within…
Global Oil Production On Pause, But Decline Seems Imminent
One hundred and seventy-six years after the birth of John Boyd Dunlop, and the crude complex is coming under pressure again. It is Nonfarm Friday, which means that the market…
The World Has Never Seen A Mining Exploration Scheme Like This
As I’ve been discussing the last several months, reforms in India’s mining and exploration sector have been coming quickly of late. And this week things appear to have reached…
The $2 Trillion Gift From Oil Companies To Consumers
One of the biggest mysteries of the last quarter is why the economy seems so weak. Sure, Chinese economic growth stinks, and Europe continues struggling with…
Russia So Desperate It Could Sell Off State-Owned Oil Assets
Reeling under sanctions and a recession caused by depressed oil prices, the Russian government is working to finalize a list of seven strategic state-owned companies…
Can Big Oil Continue To Pay Dividends?
The dividends for the largest oil companies in the world are suddenly not looking as untouchable as they once were. Hefty payouts from Big Oil are what has made them…
Non OPEC Oil Production To Collapse In 2016
The IEA Oil Market Report, full issue, is now available to the public. Some interesting observations: Non-OPEC oil supplies are sharply lower in December. Overall…
Why U.S. Shale Is Not Capitulating Yet
One of the great unknowns facing the U.S. shale industry, and threatening the recurring rumors of its imminent demise, is how it is possible that despite…
Oil Majors Converging Here Could Mean A New Hotspot
Even with oil at $30, the petroleum industry continues to see a few bright spots. Particularly when it comes to offshore activity — such as…
Oil Gains As Dollar Loses Against Euro
Thirty-nine years after Fleetwood Mac’s second album was released, and ‘rumors’ of a production cut and fears of a worsening US economy are pushing and prodding the crude market around.…
Gazprom Braces For Gas Price War With U.S. LNG
U.S. oil drillers have been hollowed out from what has been described as a price war waged by OPEC. But a separate price war might soon…
Oil Companies Market Caps Crushed By Oil Crash
It is not just small companies that are being hurt by the plunge in oil prices. Around the world many of the biggest companies by revenues are oil firms.…
Cattle Deaths Spark Renewed Oil Drilling Controversy
Following the mysterious death of seven cattle near an oil field in Kansas, public health authorities are investigating whether oil drilling could be the cause. In…
