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	WTI Crude •10 mins	70.19	-0.71	-1.00%
	Brent Crude •10 mins	76.09	-0.60	-0.78%
	Murban Crude •15 mins	77.50	+1.37	+1.80%
	Natural Gas •11 mins	2.206	+0.035	+1.61%
	Gasoline •29 mins	2.579	-0.014	-0.54%
	Louisiana Light •2 days	72.20	+1.74	+2.47%
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Louisiana Light • 2 days	72.20	+1.74	+2.47%
Bonny Light • 1 day	75.73	+1.59	+2.14%
Opec Basket • 2 days	73.96	+3.19	+4.51%
Mars US • 8 hours	70.55	+1.23	+1.77%
Gasoline • 29 mins	2.579	-0.014	-0.54%

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	Marine •1 day	73.80	+0.75	+1.03%
	Murban •1 day	75.87	+0.79	+1.05%
	Iran Heavy •1 day	73.33	+1.61	+2.24%
	Basra Light •478 days	71.69	-3.60	-4.78%
	Saharan Blend •1 day	75.69	+1.66	+2.24%
	Bonny Light •1 day	75.73	+1.59	+2.14%
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Bonny Light • 1 day	75.73	+1.59	+2.14%
Girassol • 1 day	76.16	+1.66	+2.23%
Opec Basket • 2 days	73.96	+3.19	+4.51%

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	Canadian Crude Index •1 day	56.20	+1.25	+2.27%
	Western Canadian Select •23 hours	48.42	+1.85	+3.97%
	Canadian Condensate •23 hours	71.82	+1.85	+2.64%
	Premium Synthetic •23 hours	70.07	+1.85	+2.71%
	Sweet Crude •23 hours	67.22	+1.85	+2.83%
	Peace Sour •23 hours	63.92	+1.85	+2.98%
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Peace Sour • 23 hours	63.92	+1.85	+2.98%
Light Sour Blend • 23 hours	65.22	+1.85	+2.92%
Syncrude Sweet Premium • 23 hours	74.17	+1.85	+2.56%
Central Alberta • 23 hours	63.52	+1.85	+3.00%

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	Louisiana Light •2 days	72.20	+1.74	+2.47%
	Domestic Swt. @ Cushing •2 days	66.00	+2.00	+3.13%
	Giddings •2 days	59.75	+2.00	+3.46%
	ANS West Coast •3 days	71.62	+0.78	+1.10%
	West Texas Sour •2 days	61.86	+1.69	+2.81%
	Eagle Ford •2 days	65.81	+1.69	+2.64%
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Eagle Ford • 2 days	65.81	+1.69	+2.64%
Oklahoma Sweet • 2 days	66.00	+2.00	+3.13%
Kansas Common • 22 days	64.52	+0.64	+1.00%
Buena Vista • 3 days	73.95	+0.90	+1.23%

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All Charts

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18 hours Why The Brent Price Plunge Hasn’t Attracted Asian Buyers
20 hours Venezuela’s PDVSA Has $21 Billion In Unpaid Oil Sales To Collect
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1 day Crude Oil Inventories Build Again, But Products Draw
1 day U.S. Gasoline Demand Soars To Highest In Months
1 day Goldman Sachs Sees Commodities Supercycle On The Horizon
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Contributors
Rune Likvern

Rune Likvern

Holds an MSc from Norwegian University of Science and Technology (NTNU), 1980, Marine Technology.

20 years of experiences from several international oil companies, primarily Statoil inclusive management and encompassing major process components, site supervision, field developments, area studies, exploration economics, value chain analyses, technical and commercial responsibilities for natural gas logistics related to Troll Gas Sales Agreements (TGSA)

Latest articles from Rune

Is The Bakken Profitable At $50 Oil?

Published 09 October 2017 | viewed 20,950 times

In the first part of this post I present an update on the profitability for Light Tight Oil (LTO) extraction in the Bakken (ND) as…
Oil Prices To Stay Low If Global Credit Impulse Turns Negative

Published 24 June 2017 | viewed 16,526 times

For some time I have explored the relations in developments for total debt [private and public], interest rates, Gross Domestic Product (GDP) energy consumption and…
Norwegian Oil Plays Struggling After Oil Price Collapse

Published 25 March 2017 | viewed 16,419 times

Norwegian crude oil extraction peaked in 2001 at 3.12 Million barrels per day (Mb/d) and in 2016 it was 1.62 Mb/d, growing from 1.57 Mb/d…
Where Are Oil Prices Heading?

Published 06 October 2016 | viewed 45,576 times

In this post I present developments in world crude oil (including condensates) supplies since January 2007 and up until June 2016. I then take a…
The Bakken: The Top 10 Wells

Published 27 August 2016 | viewed 19,157 times

In this post I present some of the methods I have used to get estimates based on actual NDIC data on the Estimated Ultimate Recovery…
Why Global Debt Growth May Extend The Oil Glut

Published 17 March 2016 | viewed 7,947 times

In this post I present some selected parameters I monitor which may help understand near term (2-3 years) oil price movements and levels. It has…
Oil Price Rebound Might Come Too Late For These Bakken Producers

Published 02 December 2015 | viewed 11,693 times

After years of following developments in extraction of light tight oil (LTO) in the Bakken, the oil price, studying actual well production data from the…
Shrinking Norwegian Natural Gas Production Puts Europe In Dire Situation

Published 03 November 2015 | viewed 30,518 times

In this post I present actual Norwegian natural gas production, status on reserves, the development in discoveries and what this results for Norwegian Petroleum Directorate…
US Shale: How Smoke And Mirrors Could Cost Investors Millions

Published 03 August 2015 | viewed 23,999 times

In this post I present what I found from applying R/P (Reserves divided by [annual] Production) ratios for Light Tight Oil (LTO) for 3 big…
Are The Bakken’s Sweet Spots Past Their Prime?

Published 10 January 2015 | viewed 14,413 times

This post is an update on total Light Tight Oil (LTO) extraction from Bakken in North Dakota based upon actual data as of October 2014…
Global Debt Growth Kept Oil Prices High And Delayed The Bakken “Red Queen”

Published 08 November 2014 | viewed 17,859 times

The saying is that hindsight (always) provides 20/20 vision. In this post I present a retrospective look at my prediction from 2012 published on The…

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