 |
Louisiana Light • 4 days | 87.09 | +0.49 | +0.57% | ||
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 4 days | 87.52 | +0.17 | +0.19% | ||
|
Mars US • 171 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 30 mins | 2.690 | +0.004 | +0.15% |
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 1 day | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 4 days | 87.52 | +0.17 | +0.19% |
|
Peace Sour • 1 hour | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 1 hour | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 1 hour | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 1 hour | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 4 days | 79.62 | +0.41 | +0.52% | ||
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Oklahoma Sweet • 4 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 6 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 5 days | 86.90 | +0.04 | +0.05% |
Breaking News:
Article Archive | Page 1617
ExxonMobil Bid $3.2 Billion for Celtic Exploration
Celtic Exploration (TSE:CLT) Wednesday received a friendly takeover offer valued at $3.1 billion from U.S. energy giant ExxonMobil (NYSE:XON), which will expand its natural gas holdings in western Canada.
South Korea - Most Dangerous Nuclear Center on the Planet
While the world seems to have overlooked the consequences of the 11 March 2011 debacle at Japan’s Fukushima Daiichi six reactor nuclear power plant (NPP) complex, the fact remains that…
Baghdad is Losing Iraqi Kurdistan - Empowered by Oil and Gas
With an estimated 45 billion barrels of oil and perhaps as much as 6 trillion of cubic meters of gas, Iraqi Kurdistan is using smaller companies to develop its resources...…
The US Northeast Heading Towards a Heating Oil Crisis
The Energy Information Administration (EIA) last week reported on a potential crisis for heating oil customers in the Northeast part of the United States. In This Week in Petroleum…
Why are we not Drowning in Algae Biofuel?
Producing biofuels from algae is a concept dating back to the oil shocks of the 1970s. At the time, the US Government created an algae research program which analyzed the…
More Money Desperately Needed in the Market
S&P 1,440.That’s getting to be a serious line – especially on Tuesdays and Wednesdays. Last Tuesday it was a floor, as the IMF made calls for a Global…
Iran Threatens Oil Spill in Persian Gulf
A report from German news magazine Der Spiegel states that Iran's latest effort to disrupt key shipping lanes through the Strait of Hormuz may be to cause a massive…
BP Falls Out with Azerbaijan as Baku Gambles on Future
That Azeri President Ilham Aliyev is so ferociously lashing out at British Petroleum (BP) for declining output in Azerbaijan’s largest oilfield has very little to do with BP and everything…
US Can Never Achieve Energy Independence at Current Consumption Rate
With gasoline scaling $4 a gallon recently, plans announced last week by international oil giant BP to export U.S.-produced crude oil ought to have Americans howling. For such a plan…
How are the Sanctions Against Iran Progressing?
The boycott of Iran has been more successful than I had anticipated, with Iranian oil production and exports down significantly from a year ago.And even stronger additional…
US Army's Ambitious Renewable Energy Strategy
The U.S. Department of Defense (DoD) has set forth some pretty aggressive plans to transition out of its dependence on foreign fossil fuels into a cleaner, more efficiently powered future.…
Albanian Tycoon Shakes Up the Country's Booming Oil Market
It was just 8 years ago that Canada's Bankers Petroleum (BNK-TSX) began developing one of Europe's biggest oil fields – in Albania. The main reason for that –…
Crude Oil to Decline
Peaks and Troughs ProgressionLight sweet crude oil formed a lower minor low and may form a lower minor high. The intermediate trend is towards lower prices. The crude oil…
Why Investors Should be Buying Energy Assets
A 10x (10 times) oil price increase and 4 mb/d (million barrel per day) demand spike followed the 1973 Oil Embargo. Similar price and demand spikes seem likely to follow…
Using Oil & Gas Securities Plus Stock Options to Generate Monthly Cash Flow
One way to create a monthly cash flow is to purchase oil and gas securities and then sell stock options against these equities. These securities can be in the form…
Oil Weekly Outlook For October 15-19
During last week, oil prices resumed their upward trend as the price of WTI oil and Brent oil increased. OPEC's monthly report showed there was a modest decline in OPEC's…
Creating a Perpetuity with Options: An Introduction to the Iron Condor
Options. The word scares people, especially when put next to the words, retirement, savings, or life’s earnings. When I talk about options trading with people who dabble in online…
Uranium Woes: No Relief for Prices Amid Low Demand
Spot prices for uranium hit a two-year low last week at $45.75 amid a pending decision over Japan’s nuclear future, excess uranium inventories and slowing growth in China.Japan…
U.S. Economy "Below Potential," says OPEC
Oil supply growth in the United States is expected to be the highest for non-OPEC countries this year, the Vienna-based cartel said. With less than a month before U.S. voters…
Yet Another Attack on Turkish Pipelines
Turkey’s economy is one of the most booming of the Middle East, with a growth rate, despite the ongoing economic recession over the past decade, of an average 5.5…
