 |
Louisiana Light • 2 days | 87.56 | +0.00 | +0.00% | ||
|
Bonny Light • 2 days | 88.85 | -1.30 | -1.44% | ||
|
Opec Basket • 2 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 179 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 hours | 2.705 | -0.044 | -1.58% |
|
Bonny Light • 2 days | 88.85 | -1.30 | -1.44% | ||
|
Girassol • 2 days | 89.64 | -1.21 | -1.33% | ||
|
Opec Basket • 2 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 14 hours | 75.83 | -1.22 | -1.58% | ||
|
Light Sour Blend • 14 hours | 78.88 | -1.22 | -1.52% | ||
|
Syncrude Sweet Premium • 14 hours | 85.83 | -1.22 | -1.40% | ||
|
Central Alberta • 14 hours | 76.23 | -1.22 | -1.58% |
|
Eagle Ford • 2 days | 79.11 | +0.00 | +0.00% | ||
|
Oklahoma Sweet • 2 days | 79.00 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -1.00 | -1.35% | ||
|
Buena Vista • 5 days | 88.82 | +0.60 | +0.68% |
Breaking News:
Article Archive | Page 1805
U.S. Jobs Data Propels Crude Oil Above $80 a Barrel
Oil Market Summary for 03/01/2010 to 03/05/2010. Jobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a…
EU Offers $3.1 Billion for Energy Infrastructure Projects, Including Caspian Pipeline
The European Commission added to its economic stimulus program with the largest-ever package of grants to energy infrastructure, including support for the Nabucco pipeline project that will help Europe diversify…
Wind Energy Stimulus Funds Benefiting Foreign Workers, Senators Charge
Four Democratic senators entered into the clean energy vs. jobs fray, charging that too much federal stimulus money for wind energy projects is going to foreign suppliers and creating jobs…
Iraqi Elections Likely To Fuel Ethnic Tensions, Further Delay Access To Kirkuk's Reserves
The elections in Iraq on March 7, 2010, are likely to serve as an important indicator of the prospects for a resolution of the long-running dispute over the administration of…
U.S. Governors Seek "Onramp" to Pipeline for Booming Bakken Shale Output
Governors of Montana and North Dakota met with TransCanada Corp. officials this week in an effort to convince the builder of a nearly 2,000-mile pipeline from Alberta to the…
Is the Dollar Really Safer Than the Euro?
The European currency has depreciated dramatically against the US dollar in the past few months, falling from over $1.50 on December 1st to $1.35 today. The move has caused many…
Gazprom Finally Accepts that Shale Gas Has Changed the World
The Russian gas giant this week said it will allow up to 15% of its gas sales to Europe to be sold at spot gas prices on the continent. This…
Fossil Fuel Producers Stepping up the Fight Against Renewable Energy Sources
A fight brewing over the allocation of costs for transmission lines to connect wind and solar power plants to end users is the latest sign that fossil-fuel electricity producers are…
Yemen's Push Into the Gas Sector Fails to Stimulate Great Excitement and Raises Disturbing Questions
With Yemen’s oil revenues plunging, the government’s push into the gas market seemed like an economic saving grace for a state wracked by poverty and terrorism, but analysts warn more…
Why the Euro Might Devolve into Euro1 and Euro2
The euro as presently configured is doomed due to structural imbalances between mercantilist and consumer nations. A "euro1 and euro2" system would allow a face-saving demise to euroland's single currency.…
The Great Divide of Natural Gas
South Korea is coming to northeast British Columbia. It was reported this week that state-run Korea Gas has signed a deal with Canadian gas major EnCana covering three fields in…
Is the Shale Gas Revolution Coming to Europe? Should Russia be Concerned
European shale-derived natural gas could become a reality far sooner, and in far larger quantities, than markets expect In a Securities and Exchange disclosure from last…
Iraq Awards Drilling Contract as it Reaches for Ambitious Oil Production Target
Iraq announced a $318 million contract with a unit of Turkish Petroleum to drill 45 wells in the supergiant Rumaila oilfield as the country strives to regain and even surpass…
Renewed Battle for the Falkland Islands Suits the Embattled British, Argentine Leaders, and Others
The artificially-engendered revival of the dispute, which began in February 2010 between Argentina and the United Kingdom over the sovereignty of the Falkland Islands in the South Atlantic, has been…
Chinese Shipping Indices go Ballistic as Wave of Exports Leave China
There are a lot of ships sailing around China these days. As I've discussed several times over the past weeks, Chinese shipping indices have gone ballistic. The China Containerized Freight…
Energy Efficiency and its Impact on Energy Demand
Energy efficiency is one of the themes most discussed by those who are interested in issues regarding energy and the environment. The key question is how effective these proposed solutions…
New Framework for European Geothermal Industry Encourages Exploration Companies to Investigate New Resources
I’ve received a copy of a new regulation framework for geothermal energy in Europe. Handed to me by a colleague last week, whose associate led the drafting of the document.…
Growing Environmental Concerns on U.S. Shale Oil and Gas Projects
Texas became the latest state to launch an environmental watchdog for energy development as a nonprofit group set its sights on the Barnett Shale drilling in the Dallas-Fort Worth area.…
Seismic Activity in Japanese Commodity Markets
There has been some unusual action on the Japanese commodities markets that demands a comment. I mentioned earlier this week that over the last two weeks the Japanese have revved…
Analysts Remain Bullish on Schlumberger After Bid for Smith International
Although shares of oilfield services giant Schlumberger (SLB) took a hit after the company announced an $11 billion takeover bid for rival Smith International (SII) on Sunday, many analysts remain…
