 |
Louisiana Light • 2 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.86 | -0.57 | -0.67% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 182 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.554 | -0.043 | -1.65% |
|
Bonny Light • 2 days | 84.86 | -0.57 | -0.67% | ||
|
Girassol • 2 days | 85.78 | -0.59 | -0.68% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 14 hours | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 14 hours | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 14 hours | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 14 hours | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 2 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 4 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 5 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 1810
The Value of Empty Space - Japan Secures Oil Supply
Here's an interesting one in the realm of oil security. As we've discussed, Japan is using a lot less oil these days. In the last year, Japanese consumption dropped 800,000…
Quick Take of the Markets Today
U.S. markets calmed Monday on good earnings news but Asian markets remained roiled overnight, down about 2 percent across the region. The Yen rose, reflecting a flight to safety as…
Get Ready, A Major Change Has Hit
Let’s talk about sentiment. Last week was the worst market week since March 2009. Similarly, the three-day decline from Wednesday through Friday was the worst three days since March 2009.…
Crude Oil Prices Fall Victim to China Syndrome
Oil Market roundup for 01/18/2010 – 01/22/2010. New measures by Chinese authorities to curb bank lending reversed a rally in energy prices early in the week, bringing West Texas Intermediate…
Will India Become the Largest Nuclear Energy Producer in the World?
It is a sobering thought. In 2006, according to the UN, India was the fourth largest emitter of carbon dioxide (C02, or greenhouse gas) in the world. At that time,…
Oil, Politics and Power
Oil and politics have always gone together for a simple reason; since oil became an indispensable commodity without which the world as we know it today would not function, countries…
America: Export Nation?
There’s some interesting data emerging on the world trade situation. One of the surprising things is the U.S. export market is actually fairing reasonably well. People often pan America for…
Is the Market Flashing a "Sell" Signal
Is the Market Flashing a “Sell” Signal?Friday’s decline has got a lot of commentators asserting that the official top is in for the rally that started March 2009. The…
Media and Political Hysteria Over Yemen Hides a Deeper Strategic Matrix of Long-Term Importance
US and Western European political leaders have begun to focus on Yemen as a source of projected instability and as a haven for jihadist terrorism against the West. This simplistic…
A Look at the Exploration Business and Mining Economics
We spend a lot of money looking for mines. Drilling, trenching, sampling, assaying, metallurgical testing, running geophysical surveys, taking soil geochemistry samples. All of these things are necessary to locate…
Oil Prices Fall as Winter Premium Melts Away
Oil Market roundup: 11/01/2010 to 15/01/2010. Crude oil futures fell for five straight sessions as warmer weather in the U.S. dispelled forecasts of unusually low temperatures and allowed concerns about…
The Tepee Shaped Recovery
The shape of this economic recovery will not be in a “V”, as many pundits have promulgated, but instead may be the inversion of that letter…which will unfortunately look much…
Canada's Oil Sands, Tarnished Images and Dirty Commodities
“When you think of Canada, which qualities come to mind: the world's peacekeeper, the friendly nation, a liberal counterweight to the harsher pieties of its southern neighbour, decent, civilised, fair,…
Lending Takes Another Teeth-Kick
The "Financial Crisis Responsibility Fee" dropped today on Capitol Hill. The odd-sounding measure ("You've caused a financial catastrophe. That'll be $8.50 please.") is the Obama government's latest plan to recoup…
Thoughts from Asia's Gold Exchange
The Tokyo Commodities Exchange is a pretty unassuming place. The Exchange is housed in a non-descript eight-story office building. In the relatively non-descript Tokyo borough of Kodenmacho, far from the…
Nigeria's Constitutional Dilemma Coming to an Unpredictable Head
Nigerian Pres. Umaru Musa Yar’Adua, 59, through failing health, is clearly no longer in control of the Government. Some are proclaiming that the "post-Yar'Adua era" has begun in Nigerian politics,…
The US Finds its Superpower Structure and Capital are Insufficient to Cope with a Transformed World
The United States of America, in global strategic terms, is tumbling down a series of misadventures, declining in a “step of sighs” through frustrating economic and military endeavours as it…
A Limp Oil World
China was the savior of commodities the past year. And a particularly hot spot today. China's customs agency released some impressive trade numbers. December exports were up 17.7% year-on-year. Imports…
A Disobliging Update on the Price of Oil
There still seems to be a deplorable uncertainty about the future price of the most important commodity in the world. A few months ago Philip Verleger – now apparently guest…
What Happens When the Wells Run Dry?
One nagging question that the industrial world has been asking itself since the discovery of the first oil well is what happens when the wells begin to run dry. The…
