 |
Louisiana Light • 4 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 3 days | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 4 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 198 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 days | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 3 days | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 3 days | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 4 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 3 days | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 3 days | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 3 days | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 3 days | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 4 days | 75.71 | +0.60 | +0.80% | ||
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Oklahoma Sweet • 4 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 4 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 5 days | 83.26 | +0.61 | +0.74% |
Breaking News:
Article Archive | Page 1565
Noble Energy Riding High on Levant Largesse
The way things are going, when you think about the Levant Basin these days, you think about Houston-based Noble Energy. The company has made yet another discovery offshore…
Next Possible African Petro-State – Namibia?
Africa’s fabled mineral riches have excited foreign imaginations for centuries. When in 1324, Mali’s king Mansa Musa, who had converted to Islam 18 years earlier, made his haj…
Russia Retires Old Soviet Rigs Creating $9 Billion Demand for New Ones
According to the Russian investment bank VTB Capital, more than 57% of the nation’s 1,835 oil and gas rigs are over 20 years old. Built in the days of the…
Using an MOF to Produce Cheaper Premium Gasoline
Researchers have developed a new Metal Organic Framework (MOF) that might provide a better and cheaper method for separating the different hexane molecules of gasoline. The National Institute of…
Commodity Update: Open Interest Analysis for May 28th, 2013
Crude oil:July WTI crude oil gained 86 cents on volume of 494,101 contracts. Open interest increased by a minuscule 3,110 contracts, which relative to volume is approximately 60%…
Exxon’s $100m Algae Investment Falls Flat
Exxon Mobil Corp. (NYSE: XOM) is cutting its losses on algae biofuels after investing over $100 million only to find that it couldn’t achieve commercial viability. Earlier this…
Open Season on Syria’s Civil War
Igitur qui desiderat pacem, preparet bellum -- If you want peace prepare for war, this old adage is believed to have been spoken by the Roman military writer Publius Flavius…
Cook on Offshore Natural Gas Rig is Paid $240,000 a Year
Australia’s resource industries are under threat due to the falling commodity prices and the rising operational costs. Much of the cost comes from the exorbitant salaries paid to employees, and…
Future Energy Consumption Could Fall Due to Financial Collapse
They say that every cloud has a silver lining. If future energy consumption (which is mostly fossil fuel) drops because of a financial collapse brought on by high oil prices…
Africa Ready to Reverse its Resource Curse
Despite current setbacks in the global economy and Africa’s failure to take advantage of the last decade’s resources boom, experts believe agricultural, mining and energy resources can boost the continent’s…
Which Oil Companies are Set to Benefit from Price Differentials?
Price differentials emerged last year as a major hurdle in oil and gas markets, but not every company is equally vulnerable to the swings and dips of different crude grades.…
Venezuelan President Maduro Offers Olive Branch to Washington
To say that U.S. relations with Venezuela’s former President Hugo Rafael Chávez grew increasingly strained would be an understatement. But Chávez succumbed to cancer on 5 March, and the winds…
German Brewers Enter Fracking Fray
Germans take their beer very seriously. This is the stuff of legend, and now brewers are saying that fracking could threaten centuries of purity. In a letter…
Canada Putting Too Many Eggs in Oil Basket
Canadian Natural Resources Minister Joe Oliver said natural resources are the cornerstone of the federal and provincial economies. The U.S. economy, on the road to modest recovery, remains central to…
UK’s Lights may go out by 2015, Warns Global Energy Expert
UK households and businesses face electricity blackouts in just a few years say two of the country’s leading energy experts. Peter McCusker reports.“The situation is really quite serious.…
The Answer to the Ultimate Question of Life, the Universe, and Everything
In Douglas Adams' science fiction series, The Hitchhiker's Guide to the Galaxy, a computer dubbed Deep Thought discovers the "answer to the ultimate question of life, the universe, and…
Iran's New President Won’t Bring Anything New
Asian economies this year have relied less on Iranian oil to meet their energy demands. India's economy slowed down considerably in part because of tighter credit conditions and poor consumer…
Fracking Invades SE Asia - Indonesia Concludes First Shale Gas Contract
In the early 20th century, Indonesia, then known as the Dutch East Indies, became Southeast Asia’s first significant oil producer, so much so that it became a major impetus for…
Investment Boost for Next Generation Biodiesel Project
Japanese-based Itochu Corp., Texas-based Benefuel, and Flint Hills Resources Renewable LLC have launched a joint venture to produce biodiesel fuel from inedible feedstocks in Nebraska, targeting production of 50 million…
U.S. Shale Boom Not Enough to Remove the Threat of Peak Oil
A new phrase, “supply shock,” entered the lexicon of the global oil business this week when the International Energy Agency (IEA) reported that unexpectedly rapid growth in tight oil production…
