 |
Louisiana Light • 4 days | 82.51 | +0.79 | +0.97% | ||
|
Bonny Light • 3 days | 84.34 | +1.42 | +1.71% | ||
|
Opec Basket • 4 days | 82.50 | +0.71 | +0.87% | ||
|
Mars US • 9 hours | 79.83 | +0.92 | +1.17% | ||
|
Gasoline • 10 mins | 2.496 | +0.010 | +0.39% |
|
Bonny Light • 3 days | 84.34 | +1.42 | +1.71% | ||
|
Girassol • 3 days | 84.59 | +1.58 | +1.90% | ||
|
Opec Basket • 4 days | 82.50 | +0.71 | +0.87% |
|
Peace Sour • 4 hours | 75.58 | +0.42 | +0.56% | ||
|
Light Sour Blend • 4 hours | 76.48 | +0.42 | +0.55% | ||
|
Syncrude Sweet Premium • 4 hours | 80.08 | +0.42 | +0.53% | ||
|
Central Alberta • 4 hours | 75.73 | +0.42 | +0.56% |
|
Eagle Ford • 3 days | 80.18 | +0.00 | +0.00% | ||
|
Oklahoma Sweet • 3 days | 78.75 | +0.00 | +0.00% | ||
|
Kansas Common • 4 days | 71.50 | +0.75 | +1.06% | ||
|
Buena Vista • 4 days | 86.50 | +0.62 | +0.72% |
Breaking News:
Article Archive | Page 1359
U.S. Geothermal Projects Increase in Year, Extend to Gulf Coast
The number of geothermal energy projects in the U.S. grew by 26% last year, to 188, as development of the alternative energy source spread from the western states to the…
Obama's Energy Policy: A Labyrinth of Contradictions
When it comes to energy, there is an incoherence to President Barack Obama’s policies. This incoherence is embedded in his administration in the person of Carol Browner. She is largely…
The Truth Behind The Recent Unrest in Kyrgyzstan
The following article is the first of three examining the recent unrest in Kyrgyzstan and its implications. Part 2 tomorrow will deal with the regional fallout from the “Tulip Revolution…
Outstanding Loans in US Commercial Banks Jump by $420 Billion in One Week
I thought I was seeing things yesterday. The Federal Reserve released its weekly numbers on U.S. bank lending. And it looked like there had been some kind of mistake. Outstanding…
Amid Push For Renewable Energy, Saudi Arabia Cautiously Turns Over Green Leaf
The promise of green energy has intrigued the Middle East, where concern about future reserves runs deep, but Saudi Arabia's recent plan for a multibillion-dollar investment in traditional oil projects…
Chinese Purchase of Oil Sands Stake Could Revalue Resource
The acquisition of a 9% stake in the Syncrude oil sands venture by China’s Sinopec for $4.65 billion – substantially more than expected – could pave the way for a…
Do Rising Oil Prices Threaten the Economic Recovery?
Ten of the 11 recessions in the United States since World War II have been preceded by a sharp increase in the price of crude petroleum. Oil had been…
Are Short Term Treasuries the Best Trade of the Next Five Years
Despite the year-long equities rally and the euphoric mood of speculators and government officials, maybe the best trade of the next 5 years will be short-term U.S. Treasuries. Stocks provide…
Another Hot Summer in the Middle East Includes Oil and Gas Masks
Intelligence sources in the Middle East have indicated that the summer in the region could turn out to be particularly hot and they're not talking about global warming or the…
Europe's Latest Tinder Box and Global Mega Trends - Russia's pre-eminence in the EU Energy Market (Part 3)
Russia’s preeminence in the EU energy market also became clear during 2009. The EU was smarting from the Russian-Ukrainian “gas war” of the previous winter when Ukraine held Europe’s heating…
Europe's Latest Tinder Box and Global Mega Trends - The US Support for Violence in Chechenya (Part 2)
In Spring 1997, the US capitalized on the brewing crisis between Armenia and Azerbaijan. The most significant development in the crisis took place somewhat away from the Nagorno-Karabakh front line.…
Europe's Latest Tinder Box and Global Mega Trends - The EU's Failure (Part 1)
The Greater Black Sea Basin (GBSB) – the region between the middle of the Adriatic Sea in the west and the middle of the Caspian Sea in the east,…
High Inventories Keep Crude Oil Prices from Advancing on Week
Oil Market Summary for 04/05/2010 to 04/09/2010. Crude oil prices ended the week virtually unchanged from a week ago as optimism about demand warred with trepidation about historically high inventories…
Chinese Base Metal Stockpiles are Reaching Epic Levels - How will this Affect Prices
A couple of interesting data points the last few weeks, on commodities oversupply. Last week CBI China reported that Chinese base metal stockpiles are reaching epic levels. CBI surveyed commercial…
The End of European Expansion and the Coming Debt Wars
Government debt in Greece is just the first in a series of European debt bombs that are set to explode. The mortgage debts in post-Soviet economies and Iceland are more…
Alaska Pipeline Project May Cost as Much as $40 Billion
Two competing projects for a natural gas pipeline from Alaska to the lower 48 states put the cost somewhere between $32 billion and $40 billion, even as the explosion of…
Floating Alternative to Nabucco Pipeline Moving Toward Implementation
Romania, Azerbaijan, and Georgia on April 13, 2010, took a major step toward the implementation of a substitute energy distribution network to substitute for the US-backed Nabucco strategic gas pipeline…
A Floating Alternative to Nabucco Undercuts Potential Disruptions to EU Energy Supplies
In late February 2010, Romania, Azerbaijan, and Georgia finalized an agreement on the direct export of Azerbaijani natural gas to Romania. This has profound ramifications for halting Turkey’s ability to…
Are We Heading for a Decade of 1970s Style Stagflation?
Four key factors in the 1970s were very different from present conditions, and that argues against 1970s-style stagflation as a model for 2010-2020. Sometimes history rhymes--but only for the first…
Gas Producers Go to the Dark Side
It's finally happening. Gas producers are starting to crack. With the natural gas to oil price ratio running at a nearly-unprecedented 21-to-1 ($86.80 per barrel for crude versus $4.12 per…
