 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 1 day | 84.86 | -0.57 | -0.67% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 15 mins | 2.601 | +0.005 | +0.17% |
|
Bonny Light • 1 day | 84.86 | -0.57 | -0.67% | ||
|
Girassol • 1 day | 85.78 | -0.59 | -0.68% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 55 mins | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 55 mins | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 55 mins | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 55 mins | 72.55 | -0.05 | -0.07% |
|
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 1423
Scrapping South Stream Underscores Russia’s Weakness
Russian President Vladimir Putin announced on December 1 the cancellation of the South Stream pipeline in a move that indicates Russia’s reach is declining in concert with the price…
Global Drilling Slowdown On The Way
Baker Hughes rig count statistics show how drilling reacted to earlier falls in the oil price. There is always a time lag of months between an oil price event…
Oil Can Keep Crashing
While Americans were tucking into their Thanksgiving turkeys, over in Europe a third of the world’s oil producers were cooking up a very different sort of dish. After Thursday’s decision…
A Short, But Potentially Critical, Mining Change
Quick update on the developing situation in Africa's important mining center, Burkina Faso. The new transitional government of that nation announced last week that it is…
Is The Arctic Dream Dead?
The Arctic offshore will be drilled; it’s only a matter of time. However, the dream to have commercially viable production in the immediate future may very well be dead. Continually…
Could Falling Oil Prices Spark A Financial Crisis?
The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks,…
Ukraine’s Next Energy Minister Will Be Bought and Paid For, As Usual
A month after Ukrainian general elections, there is still no new government, and elite power circles are playing a very dangerous game with the country’s most important ministry—energy. It’s a…
Shale Permits Fall As Low Oil Prices Start To Bite
Will plunging oil prices result in a drastic decline in U.S. shale oil production? Will the Saudis, who have stuck to their guns in refusing to scale back OPEC oil…
Will OPEC’s Decision Lead To The End Of The American Shale Dream?
To paraphrase Mark Twain: Rumors of OPEC's demise have been greatly exaggerated. Breathless coverage of the rise in U.S. oil production in the last few years has led some to…
No One Expected This Move in Gold Markets
Colombia to Bangkok the last two weeks. And now back with perhaps some of the best news this year for the gold sector. That comes from critical consuming nation India.…
Which Oil Producing Region Loses the Most From Low Prices?
After OPEC’s decision not to adjust its production quota, oil prices dropped to their lowest levels since 2009. Oil executives across the world were surely hoping for a different outcome…
As Excitement Builds in the Montney, Companies Seek More Infrastructure
What does it take to build up a new region for oil and gas development? Obviously, the resources have to be in place and economically recoverable. But it is not…
The Oil Glut And An Inevtiable Oil Price Rebound
The world is awash in oil, I’m hearing. The problem is, it’s fairly expensive oil. Take for example Canada. The country that has managed to increase…
Did Peak Oil Arrive in 2014?
The recent price crash in crude oil, if it lasts for any length of time, will certainly affect oil production. The question is, just how great an effect will it…
Germany Considers Coal Phase Out
Amid a major phase out of nuclear power, Germany is weighing whether or not to undertake another monumental energy transition – shutting down a significant portion of its coal-fired power…
Norway’s Energy Policies A Lesson For The World
A specially designed ship with a helicopter pad prepares to take supplies from Stavanger harbor to an offshore oil platform. OSLO,…
OPEC Fires First Shot In Global Oil Price War
OPEC’s decision not to cut production to shore up oil prices drove down the price of oil even further in a strong challenge to American shale oil producers – or,…
The Cost Of Energy Storage
I taught my students that intermittent renewable electricity (wind and solar) was third class compared with dispatchable fossil fuels (first class) and baseload nuclear power (second class). But that renewables…
This Week In Energy: How Badly Has OPEC Bungled?
Saudi Arabia did it. After stonewalling for weeks, all attention is on the House of Saud and its refusal to let OPEC cut production, even by a modest 2 million…
OPEC Won’t Cut, But A Bottom May Be Near
Crude Oil Outlook January Crude Oil futures plunged on Thursday after OPEC announced it was leaving oil production levels…
