 |
Louisiana Light • 5 days | 73.63 | -1.24 | -1.66% | ||
|
Bonny Light • 1 day | 71.86 | -3.57 | -4.73% | ||
|
Opec Basket • 4 days | 75.85 | -0.70 | -0.91% | ||
|
Mars US • 10 hours | 67.72 | -2.70 | -3.83% | ||
|
Gasoline • 10 mins | 2.505 | +0.023 | +0.91% |
|
Bonny Light • 1 day | 71.86 | -3.57 | -4.73% | ||
|
Girassol • 1 day | 74.65 | -3.56 | -4.55% | ||
|
Opec Basket • 4 days | 75.85 | -0.70 | -0.91% |
|
Peace Sour • 1 hour | 61.37 | -3.05 | -4.73% | ||
|
Light Sour Blend • 1 hour | 62.67 | -3.05 | -4.64% | ||
|
Syncrude Sweet Premium • 1 hour | 71.62 | -3.05 | -4.08% | ||
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Central Alberta • 1 hour | 60.97 | -3.05 | -4.76% |
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Eagle Ford • 4 days | 66.65 | -1.12 | -1.65% | ||
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Oklahoma Sweet • 4 days | 66.75 | -1.00 | -1.48% | ||
|
Kansas Common • 4 days | 61.50 | -0.50 | -0.81% | ||
|
Buena Vista • 11 days | 76.40 | +1.64 | +2.19% |
Breaking News:
Duke Energy To Sell Renewable Energy Assets For $2.8 Billion
North Sea Oil Investment Needs More Than Just Windfall Tax Relief
Despite the UK government's easing…
OPEC+ Discussing 1 Million Bpd Output Cut
Oil prices were trading up…
Energy / Crude Oil
Chinese Purchase of Oil Sands Stake Could Revalue Resource
The acquisition of a 9% stake in the Syncrude oil sands venture by China’s Sinopec for $4.65 billion – substantially more than expected – could pave the way for a…
Texas Acquisition Shows Shift of Gas Producers to Oil Investment
SandRidge Energy’s agreement this week to acquire Arena Resources, a producer of conventional oil in West Texas, for $1.6 billion is the latest example of natural gas companies seeking to…
U.S. Decision on Offshore Drilling Holds Promise of Future Oil, Brings Immediate Debate
President Barack Obama’s move to lift a moratorium on new offshore drilling leases and to designate further areas for exploration won’t produce much oil in the near future, but is…
EU Fuel Standards Become Latest Oil Sand Battlefield for Environmentalists
The latest draft of European Union fuel standards appears to mark a lobbying victory for the Canadian oil industry because it drops tighter restrictions originally envisaged for crude oil derived…
Oil Sands Potential for Energy Security
The increasing use in the United States of gasoline, jet fuel and other petroleum products made from Canada’s oil sands has aroused opposition from Canadian and U. S. environmentalists equal…
Debunking the Myth of Peak Oil - Why the Age of Cheap Oil is Far From Over (Part 2)
As T. Boone Pickens is touting, we could replace one-third of our dependence on oil within just a few years with natural gas if we would simply embrace the alternative.…
Debunking the Myth of Peak Oil - Why the Age of Cheap Oil is Far From Over (Part 1)
If I may, I would like to rebut or add a little objectivity to the flood of “Peak Oil” articles circulating around. When I see another crisis looming in the…
U.S. Governors Seek "Onramp" to Pipeline for Booming Bakken Shale Output
Governors of Montana and North Dakota met with TransCanada Corp. officials this week in an effort to convince the builder of a nearly 2,000-mile pipeline from Alberta to the…
Is the Shale Gas Revolution Coming to Europe? Should Russia be Concerned
European shale-derived natural gas could become a reality far sooner, and in far larger quantities, than markets expect In a Securities and Exchange disclosure from last…
Growing Environmental Concerns on U.S. Shale Oil and Gas Projects
Texas became the latest state to launch an environmental watchdog for energy development as a nonprofit group set its sights on the Barnett Shale drilling in the Dallas-Fort Worth area.…
Is the North Sea Oil Production Bonanza Approaching Twilight?
The UK Department of Trade and Industry (Oil and Gas) and the Norwegian Petroleum Directorate have both published production forecasts showing increased oil production in the years 2007 and 2008.…
Kill American Oil & Gas ration Bans, Unlock $2.4 TrillionExplo
A major moratorium on U.S. domestic oil and gas exploration expired in 2008, yet its extension is now being considered. Thing is, despite vigorous alternative energy…
Oil Sands receive a big vote of confidence from Oil Major BP
News came yesterday that oil major BP is close to a deal in the Alberta oil sands. It appears that BP is the preferred bidder for a majority stake in…
New Invention Using Spent Nuclear Fuel Rods Could Unlock U.S. Oil Reserves Three Times Larger Than Saudi Arabia's
There's some incredible new oil extraction technology being investigated over at Nuclearhydrocarbons.com. Essentially, the U.S. has a lot of spent nuclear fuel (SNF) rods from…
Oil and Gas Industry Weathers Shifting Climate
Often the green movement’s whipping boy, the oil and gas sector has no chance of escaping the scourge of climate change, an issue that everyone from international leaders to even…
Canada's Alluring Energy Supply Regaining it's Lustre Despite Continued Criticism
As the recession fades from the Canadian oil sands and projects delayed amid months of uncertainty score a second chance, criticism has still not simmered down over how these pockets…
The Value of Empty Space - Japan Secures Oil Supply
Here's an interesting one in the realm of oil security. As we've discussed, Japan is using a lot less oil these days. In the last year, Japanese consumption dropped 800,000…
Crude Oil Prices Fall Victim to China Syndrome
Oil Market roundup for 01/18/2010 – 01/22/2010. New measures by Chinese authorities to curb bank lending reversed a rally in energy prices early in the week, bringing West Texas Intermediate…
Canada's Oil Sands, Tarnished Images and Dirty Commodities
“When you think of Canada, which qualities come to mind: the world's peacekeeper, the friendly nation, a liberal counterweight to the harsher pieties of its southern neighbour, decent, civilised, fair,…
A Gas Company Revolutionizes Canadian Oil
The next big thing is here in the Canadian oil patch. I wrote a few weeks ago that a number of new Alberta and Saskatchewan petroleum plays are being poked…
