 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.603 | +0.026 | +1.01% |
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 2 days | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 13 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 13 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 13 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 13 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 75.48 | -2.93 | -3.74% | ||
|
Oklahoma Sweet • 2 days | 75.50 | -2.75 | -3.51% | ||
|
Kansas Common • 3 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 4 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 828
The Implications Of Falling Interest Rates For Energy Investors
Inversion is back in the news. Treasury yields have been falling dramatically over the last week or so, with yield on the 10-Year Treasury Note falling to below 2.2% for…
OPEC Production Falls Despite Saudi Production Boost
Deals, Mergers & Acquisitions• Canadian Utilities will sell all its fossil fuel-powered generation capacity for $835 million to Heartland Generation, a company affiliated with Energy Capital Partners. The…
Downward Momentum Is Building For Oil
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading lower on Friday amid an escalation of geopolitical events that have raised concerns over the strength of the…
Rising Oil Rig Count Pressures Oil Prices Further
The the number of active oil and gas rigs rose slightly in the United States this week according to Baker Hughes, after a string of losses in the weeks prior,…
OPEC Oil Output Set For Drop Despite Saudi Production Boost
OPEC’s oil production dropped to a 2015 low of 30.17 million bpd in May, as a major 200,000-bpd increase in Saudi Arabia’s production was unable to offset an even larger…
Oil Set For Worst Monthly Drop Since November
After finishing at a three-month low on Thursday, oil prices continued to slide on Friday morning and are on course to end the month of May with the largest monthly…
Why Trump Won't Use His Ultimate Oil Weapon
Last year, ahead of the return of U.S. sanctions against Iran, there was speculation that Washington could use crude oil from the U.S. Strategic Petroleum Reserve to cushion the blow…
Why Oil Majors Are Going All-In On U.S. Shale
Chevron sold off much of its assets in the North Sea, no longer viewing the region as a high priority. Ithaca Energy, backed by Israel-based Delek, agreed to buy Chevron…
Can Canada Become Energy Independent By 2030?
Andrew Scheer—leader of Canada’s Conservatives who are currently in opposition but leading Liberals in the polls ahead of the October federal elections—has recently outlined his vision for Canada that…
Renewables Are Set To Outprice Oil & Gas By 2020
Moore’s Law might be dead, but Swanson’s Law remains alive and well. Swanson’s Law is the observation that solar PV panels tend to become 20 percent cheaper for every doubling…
How Clean Is “Freedom Gas”?
A press release from the U.S. Department of Energy would not typically receive a lot of attention. But DOE issued a statement on May 28 in support of an…
Exxon’s Shareholders Reject Climate Resolution
Exxon’s shareholders rejected a proposal to set up a climate change board committee and voted down a proposal for corporate governance changes that some shareholders had proposed to protest…
The No.1 Reason Why Investors Are Shunning Energy Stocks
The uncertainty about the U.S.-China trade tension and the future of global oil demand for the rest of the year have resulted in many investors staying away from energy exchange…
Oil Prices Flat On Minor Crude Draw
Amid the ongoing fears of an escalating trade war between China and the United States, the Energy Information Administration countered the price decline potential of the China factor by reporting…
Saudis Raise Oil Prices To Asia As Demand Spikes
Emboldened by strong prompt demand amid tighter oil supply due to the U.S. sanctions on Venezuela and Iran, the world’s top oil exporter Saudi Arabia is expected to raise the…
Shale Drillers Keep On Falling Into The Same Trap
Despite the hype of lower breakeven prices, and despite the hype around longer laterals, energy digitalization, and other technological breakthroughs, most shale companies are still not profitable. In fact,…
Smart Money Turns Increasingly Bearish On Oil
Over the past month, hedge funds and other portfolio managers have been liquidating some of their bets that oil prices will rise, as concerns about the future of global economy…
Will China Cutoff Rare Earth Exports?
Oil prices sank once again on heighted fears of the U.S.-China trade war, this time because China has threatened to step up its response. China threatened to…
China's Biggest Weapon In The Trade War
Oil markets remained under pressure in early trading on Wednesday amid economic downturn worries due to the U.S.-China trade war that shows no sign of ending. Front-month futures for international…
One Huge Supply Risk Oil Market Shouldn’t Be Ignoring
While the oil market is fixated on the U.S.-China trade war for signs of demand, and on Iran, Venezuela, and the Middle East for signs of more supply disruptions, investors…
