 |
Louisiana Light • 2 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 23 hours | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 182 days | 81.76 | +2.02 | +2.53% | ||
|
Gasoline • 7 hours | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 23 hours | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 23 hours | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 22 hours | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 22 hours | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 22 hours | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 22 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 982
Germany Moves Forward With Controversial Nord Stream Two
Vladimir Putin started his fourth term as Russia’s president by promising ambitious new social programs (Kremlin.ru, May 7). He may be able to deliver on these promises because the…
What Trump’s Iran Decision Tells Us About Oil Markets
There is only one oil story worth concentrating on this week, and the market’s reaction to it tells us so much about our oil positions that it deserves to be…
Maintaining A Long Bias On Oil
The timing of these pieces, coming at the end of the week, is sometimes a frustration, but often a blessing. There are times when I want to give you a…
Shale Production Booms As Global Supply Wobbles
Friday May 11, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Global Energy Advisory May 11th 2018
The U.S. withdrawal from the Iran nuclear deal is now a fact and the market has reacted as expected, namely with a knee-jerk reaction that saw Brent and WTI both…
Is This Oil Rally Sustainable?
July West Texas Intermediate crude oil is in a position to post its highest close since late 2014 on Friday. The rally is being driven by looming U.S. sanctions against…
Could Oil Hit $100?
Oil prices have continued their climb following a week of bullish news, and with geopolitical tensions reaching a boiling point, prices are poised to head even higher.
U.S. Rig Count Increases Sharply Amid Rising Crude Output
US drillers added 13 rigs to the number of oil and gas rigs this week, according to Baker Hughes, adding 10 active oil rigs and 3 active gas…
Russia To See Oil Revenues Jump Fivefold
Due to the oil price rally, Russia expects its oil and gas revenues to jump fivefold compared to the expected revenues set in its 2018 budget, according to the Finance…
Iran Accuses U.S. Of Pushing Up Oil Prices
U.S. President Trump has made a deal with some OPEC producers to keep prices high as they support the U.S. economy and boost federal taxes. This is what Iran’s Energy…
How Much Iranian Oil Can Trump Disrupt?
Oil prices surged following President Trump’s withdrawal from the Iran nuclear deal. So, what happens next? Trump did not offer any new justification for how Iran was violating the nuclear…
The Oil Major Accelerating Venezuela’s Decline
While the oil market is understandably on edge about the potential supply outages in Iran, there are real outages going on in Venezuela, losses that could grow significantly worse…
Permian Bottleneck Provides Huge Opportunity For Oil Traders
Oil production in the fastest-growing U.S. shale play, the Permian, continues to boom, while takeaway capacity has not kept up. Pipeline availability issues have led to a major discount on…
India Is The Best Bet For National Oil Companies
The prospect of peak oil demand is a threat to oil companies around the world, but a much more serious threat to national oil companies, who are responsible for keeping…
Coal Is Losing Ground Despite Trump’s Promises
Say what you will about Donald Trump, but he has been keeping his promises. He promised to revive the fossil fuel industry and he has been doing his best—as he…
Bank Of America: Oil Prices Could Hit $100 Next Year
Strong global oil demand growth, quickly falling inventories, and geopolitical issues from Iran to Venezuela could push oil prices to as high as $100 a barrel in 2019, Bank…
Energy Storage Gains Washington’s Support
When Secretary of Energy Rick Perry announced US$30 million in funding for energy storage projects at the beginning of this month, he drew praise from renewable energy-focused media…
The Demise Of Petrocaribe
Petrocaribe was a mechanism created in 2004 under the sponsorship of former Venezuelan President Hugo Chavez, allegedly to promote energy cooperation and integration between Venezuela and a number of states…
Oil Markets Tremble On Iran, Israel Flare-Up
Brent crude briefly jumped above US$77 a barrel today after a flare-up of tensions in the Middle East and an exchange of strikes between Iranian forces in Syria and the…
Did Trump Just Kill The OPEC Deal?
Trump’s decision to kill the Iran deal could put an end to the OPEC agreement. As has been widely discussed in the aftermath of President Trump’s decision to withdraw from…
