 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 1 day | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 176 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 13 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 1 day | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 1 day | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 1 day | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 1 day | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 1 day | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 1 day | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Article Archive | Page 1794
Where to Buy on the Dip
There is a new war underway between two forms of capitalism. The traditional type is driven by the big global multinationals we all know and love which are being aggressively…
Iran’s Nuclear Gamble
Iran’s nuclear program has dominated world headlines since the revelation of secret facilities in August 2002. Endless negotiations and three rounds of sanctions have followed with no compromise in sight.…
EIA’s Energy Outlook for 2010 Reveals Disturbing Figures
The Energy Information Administration just released their Annual Energy Outlook for 2010: Annual Energy Outlook 2010 It is about 220 pages long, and therefore I haven’t had a chance…
After 30 Years Thatcherism Comes to an End
This week's creation of a Conservative led coalition with the Liberal Democrats has brought the period associated with Margaret Thatcher after her election in 1979 to an end. The UK…
Oil Prices Drop Further in Week as Euro’s Travails Continue
Oil Market Summary from: 05/10/2010 to 05/14/2010 Crude oil prices plunged nearly 4% on Friday and were off almost 20% from their 18-month high less than two weeks ago, as…
Why Real Market Liquidity has Been Shrinking for Decades
The "flash crash" is in effect the little boy who shouted out that the emperor has no clothes. It was a day that has been long in coming. The screaming…
The EU Bail-Out is a Temporary Measure as Imbalances Remain
Will democracy be built around currency, or will currency revert to national democracies? Martin Wolf argues with usual clarity that the EU bail-out is a temporary measure: the Eurozone…
When Higher Metals Prices Aren't Good for Miners
A couple of interesting data points on costs in the mining industry. Cost containment is once again becoming a major issue for miners. TD Newcrest analyst Greg Barnes told a…
An Update to the Oil "Head-Fake" Scenario
With the world teetering on the edge of another global financial meltdown, it's a good time to revisit my May 2008 Oil "Head-Fake" Scenario. In May 2008 I proposed the…
Environmental Markets at Centre of Chesapeake Clean-Up Plan
In a ground-breaking initiative that could trigger a new era in ecosystem markets, the Obama administration issued an executive order yesterday to protect and restore the Chesapeake Bay, the US’s…
UK Public Debt Spiralling out of Control – Will it Become the Next Greece
Now that the Greek debt crisis has been "fixed" by a gigantic pile of more debt, many are wondering which European nation will be next to experience a massive debt…
American Power Act by Sens. Kerry/Lieberman
Senators John Kerry (D-MA) and Joe Lieberman (I-CT) released their climate and clean-energy legislation yesterday. Sen. Kerry said the bill is essential for the United States to remain globally competitive…
The Bond Check-In
Lots of concern the last few weeks over sovereign debt. Investors globally were wondering how Greece would fund its budget shortfalls. Now we're looking at how Europe is going to…
Chesapeake Energy Investment Signals Sovereign Wealth Fund Appetite for Global Resources
One of Asia’s most active sovereign wealth funds is investing up to $1 billion in the U.S. company that helped pioneer production of shale gas, Chesapeake Energy. Temasek Holding, a…
Cheap Oil: The Engine of America
The foundation of the American lifestyle and economy is cheap oil. Remove that prop and every aspect of that lifestyle becomes questionable. Not to sound too cinematic, but everywhere I…
State Security: A Strategic Partnership between Moscow and the West
Russia, Europe and the US should form a firm alliance against common threats, which, if not addressed together, will grow to pose grave challenges to their security. On 9 May,…
How to avoid Oil Price Volatility
From 1949 until 1973, the average annual price of oil fluctuated within a 7% band, but from 1981 through 2009 the variation leapt to almost 10 times that amount. A…
Nigerian Uncertainties Created by Presidential Election Ambition May Hurt Global Energy Markets
The apparent decision on May 11, 2010 — discreetly revealed by two Nigerian newspapers the next day — that Nigerian Pres. Dr Goodluck Jonathan would be interested in contesting the…
China’s Hydroelectric Sector Crippled by Severe Drought
The unexpected things often determine the results of energy experiments or expectations. It is also axiomatic that nothing is ever perfect in this business. For proof of those two thoughts,…
Exotic investment Vehicles: An Unproductive Abuse of Capital
Michael Lewitt has an interesting new book out, called "The Death of Capital". In it, Lewitt attacks speculative investment activities such as private equity buyouts. He notes that such speculation…
