 |
Louisiana Light • 1 day | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 1 day | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.590 | +0.012 | +0.47% |
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 1 day | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 1 day | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 11 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 11 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 11 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 11 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 1 day | 75.48 | -2.93 | -3.74% | ||
|
Oklahoma Sweet • 1 day | 75.50 | -2.75 | -3.51% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
Article Archive | Page 825
Is The Bounce In Oil Prices Sustainable?
This week, after falling since the end of April, oil futures officially entered bear market territory. That happened on Wednesday, with an unexpected build in inventories sparking the latest drop…
Floods And Fires Threaten Oil Outages
Discovery & Development - Iraq has lifted the state of emergency it declared on the Majnoon oil field amid floods. Production at the field was unaffected despite the state of…
Has Oil Bottomed Out?
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to finish mixed for the week based on Friday’s price action. Not only is this significant…
U.S. Oil Rig Count Drops, But Production Remains Resilient
The number of active oil and gas rigs in the United States fell this week according to Baker Hughes, as the overall rig count reaches the lowest point since February…
Investigation Concludes “State Actor” Was Behind UAE Oil Tanker Attacks
An investigation carried out jointly by the UAE, Saudi Arabia, and Norway, has concluded that the party responsible for the attacks on four vessels off the UAE coast last month…
Saudis: OPEC Close To Extending Output Cut Deal
OPEC is close to reaching an agreement to extend the production cut deal beyond its current expiry date at the end of June, Khalid al-Falih, the energy minister of OPEC’s…
Oil Just Had Its Worst Run Since 2008
Oil has entered a bear market as fears of an economic downturn mount. The fundamentals look much tighter than the swoon might suggest, but the supply and demand picture is…
Oil Industry Banks On Shaky Plastic Bet
Even as oil demand is beginning to weaken this year due to a brewing economic slowdown, the oil industry faces a longer-term threat to oil demand as bans on plastic…
U.S. Gulf Coast Oil Imports Hit 33-Year Low
The U.S. Gulf Coast saw its crude oil imports in March at their lowest level since 1986, as rising domestic production and falling imports from OPEC including Venezuela have started…
A ‘’Gusher Of Red Ink’’ For U.S. Shale
Oil prices are off more about 20 percent in the last two weeks on growing fears of a brewing economic recession. Commodities of all types have been hammered by the…
New Infrastructure Could Spur Gas Demand Boost In China
China announced in March it was going to spin off the pipeline operating assets of the three state oil and gas majors and create a separate entity dedicated solely…
U.S. Total Oil Output Poised To Set New 2019 Record
US oil production keeps accelerating towards new highs. New records are expected both when the final numbers for May emerge and at the end of the year. Rystad Energy is…
Putin: Russia Is Fine With $60 Oil
Russia doesn’t need oil prices to be too high and sees the $60-65 a barrel price—the price at which Brent Crude currently trades—as “quite satisfactory,” Russian President Vladimir Putin…
China’s Demand For Gas “Almost Infinite”
Last year, the buzz term in the natural gas world was the alarmist cry of “stranded assets”, with headlines shouting that overproduction of shale oil and gas in North…
Oil Sands Production To Hit 4 Million Bpd By 2030
Crude oil production from Canada’s oil sands could rise by a million barrels from today’s average daily rate to as much as 4 million bpd in 2030 despite a slowdown…
The Gas Flaring Crisis In The U.S. Oil Patch
In its relentless pursuit of oil, the shale industry continues to burn more and more gas into the air. The rate of flaring in the Permian basin reached a record…
How Oil Defeated The Nazis
General Erwin Rommel, “the Desert Fox,” was reputedly the best tactician in the entire German Army. For years, he led his panzers across multiple campaigns in North Africa. But what…
What’s Keeping The U.S. From Developing Its Cleanest Energy Source?
The United States has a renewable, 24/7 clean energy resource right beneath its feet that can be used for electricity generation and direct heating and cooling. Geothermal energy…
Iran’s Lifeline Against U.S. Sanctions
Given that the immediate focus of U.S. sanctions on Iran is the nation’s oil sector, the Islamic Republic is concentrating on pushing its already significant petrochemicals capabilities to generate much-needed…
This Crazy Idea Could Be The Future Of Power Generation
Carbon capture and storage or reuse is gaining traction amid intensifying efforts to curb the effect of climate change on the planet. Now, a Swiss-Norwegian team of researchers has gone…
