 |
Louisiana Light • 4 days | 89.16 | +0.62 | +0.70% | ||
|
Bonny Light • 1 day | 91.29 | -2.25 | -2.41% | ||
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Opec Basket • 4 days | 90.77 | +0.15 | +0.17% | ||
|
Mars US • 164 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.791 | +0.007 | +0.26% |
|
Bonny Light • 1 day | 91.29 | -2.25 | -2.41% | ||
|
Girassol • 1 day | 91.81 | -2.21 | -2.35% | ||
|
Opec Basket • 4 days | 90.77 | +0.15 | +0.17% |
|
Peace Sour • 2 hours | 78.51 | -0.25 | -0.32% | ||
|
Light Sour Blend • 2 hours | 82.16 | -0.25 | -0.30% | ||
|
Syncrude Sweet Premium • 2 hours | 89.11 | -0.25 | -0.28% | ||
|
Central Alberta • 2 hours | 78.91 | -0.25 | -0.32% |
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Eagle Ford • 4 days | 82.14 | +0.64 | +0.79% | ||
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Oklahoma Sweet • 4 days | 82.00 | +0.50 | +0.61% | ||
|
Kansas Common • 4 days | 76.00 | -5.50 | -6.75% | ||
|
Buena Vista • 5 days | 88.72 | -1.19 | -1.32% |
Steve Brown
Steve Brown is a petroleum engineer with over thirty years of experience with BP, Halliburton, Challenge Energy, Petrofac, Exile Resources, Setanta Energy and now The Steam Oil Production Company Ltd. At BP he led the Harding field pre-project team and was the first Andrew field operations manager. He founded Challenge Energy (now part of the SLR Group), Exile Resources (now Oando Energy Resources), Setanta Energy and The Steam Oil Production Company Ltd.
Latest articles from Steve
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Is The EIA Too Optimistic On U.S. Oil Output?
After following the weekly production statistics avidly for some months and initially being smugly pleased by the data saying exactly what I wanted to hear,…
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EIA Forecasts Miss the Mark, But Do Better Than Most
Friends, Oilmen, Economists, I come not to bury Sieminski but to praise him. In case you don't know (I confess I didn't) Adam Sieminski is…
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Crashing Oil Prices And Dropping Rig Count Take Their Toll On U.S. Output
The EIA has just published its latest update to the Drilling Productivity Report (DPR), and soon we will get their update to the Short Term…
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OPEC Isn’t Dead. It’s Shifting Strategies
OPEC is the ultimate cartel, it was formed to get its members a better price for their product than the free market would allow, and…
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Petrobras Scandal Reaches Far And Wide: Are Investors At Risk?
Brazil is cleaning up its act, the national oil company, Petrobras, and its contractors are being dragged through a car wash. The country, the company…
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Why Today’s Oil Bust Is Not Like The 1980s
Back in February 2015, Bob Dudley, BP's CEO, said in a Bloomberg TV interview that the fundamental supply and demand picture reminded him of 1986,…
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Oil Prices Must Rebound. Here’s Why
Last week I spotted a very interesting chart that Gregor MacDonald tweeted which showed world oil production over recent years excluding the USA. The chart…
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Why Value Per Barrel Is Such A Lousy Metric
Value per barrel is a completely hopeless way of putting a price on an oil company or project; but (as with democracy and political systems)…
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Oil Industry Costs Will Come Down But How Fast?
I wrote earlier about oil prices, or more specifically, about where oil prices might go in the medium to long term; that was $80/bbl plus…
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U.S. Supply Growth To Halt This Summer
Everyone knows it by now but the growth in domestic US oil production has been truly astonishing. Spurred on by high oil prices and easy…
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Next Wave Of North Sea Oil Could Deliver A Billion Barrels
The development of heavy oil in the UK goes back further than most people realize. All the way back to 1787, in fact. That was…
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Be Prepared For An Oil Price Spike
The recent collapse in oil prices has taken pundits and oil producers by surprise. It was only six months ago that prices were over $100/bbl…
