 |
Louisiana Light • 2 days | 74.72 | +0.96 | +1.30% | ||
|
Bonny Light • 1 day | 77.34 | +1.00 | +1.31% | ||
|
Opec Basket • 2 days | 75.96 | +0.72 | +0.96% | ||
|
Mars US • 9 hours | 72.84 | +1.43 | +2.00% | ||
|
Gasoline • 14 mins | 2.702 | -0.019 | -0.71% |
|
Bonny Light • 1 day | 77.34 | +1.00 | +1.31% | ||
|
Girassol • 1 day | 79.35 | +0.93 | +1.19% | ||
|
Opec Basket • 2 days | 75.96 | +0.72 | +0.96% |
|
Peace Sour • 20 mins | 68.59 | +1.43 | +2.13% | ||
|
Light Sour Blend • 20 mins | 69.89 | +1.43 | +2.09% | ||
|
Syncrude Sweet Premium • 20 mins | 78.84 | +1.43 | +1.85% | ||
|
Central Alberta • 20 mins | 68.19 | +1.43 | +2.14% |
|
Eagle Ford • 2 days | 69.39 | +0.92 | +1.34% | ||
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Oklahoma Sweet • 2 days | 69.50 | +1.00 | +1.46% | ||
|
Kansas Common • 2 days | 63.25 | +1.00 | +1.61% | ||
|
Buena Vista • 2 days | 76.15 | -1.09 | -1.41% |
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Energy / Oil Prices
Iraq Awards Drilling Contract as it Reaches for Ambitious Oil Production Target
Iraq announced a $318 million contract with a unit of Turkish Petroleum to drill 45 wells in the supergiant Rumaila oilfield as the country strives to regain and even surpass…
One Night Stand Pricing
What's more important: upside or stability? That debate constantly rages amongst commodities producers. Especially when it comes to deciding whether to sell gold, copper or oil at spot versus long-term…
Oil Prices Rise Amid Mixed Economic Data as Euro Concerns Ebb
Oil Market Summary for 02/16/2010 to 02/20/2010. An easing of the crisis in Europe gave energy markets a firm tone last week that enabled crude oil futures to gain nearly…
More About Oil (Part 2): OPEC'S STRATEGY
The IEA has apparently calculated that OPEC earned 575 billion (U.S.) dollars in oil export revenues in 2009, a relatively depressed year, and might earn more than 700 billion this…
More About Oil (Part 1): A Preview of The New Decade
In 20 years I predict energy wars over oil and gas resources. By the time it becomes politically profitable to react to problems in the transport energy sector, it will…
China's Monetary Moves Undercut Crude Oil Rally
Oil Market Summary for 02/08/2010 – 02/12/2010. Crude oil prices took a dive on Friday after a week of gains from U.S. blizzards were undercut by another move in China…
Endless Oil: Prices NOT Peaks are the Issue
”Endless Oil” is the title of a piece in Business Week (Jan, 18, 2010). Its author is Stanley Reed, and it was interesting for me because I remember when Business…
Are Official Estimates of Oil Reserves Correct? What Does this Mean for Oil Prices
Over the next year or two, you will likely find yourself paying a LOT more at the gas pump. Big changes are taking place in the oil industry . With…
A Look at the Exploration Business and Mining Economics
We spend a lot of money looking for mines. Drilling, trenching, sampling, assaying, metallurgical testing, running geophysical surveys, taking soil geochemistry samples. All of these things are necessary to locate…
Oil Prices Fall as Winter Premium Melts Away
Oil Market roundup: 11/01/2010 to 15/01/2010. Crude oil futures fell for five straight sessions as warmer weather in the U.S. dispelled forecasts of unusually low temperatures and allowed concerns about…
A Disobliging Update on the Price of Oil
There still seems to be a deplorable uncertainty about the future price of the most important commodity in the world. A few months ago Philip Verleger – now apparently guest…
What Happens When the Wells Run Dry?
One nagging question that the industrial world has been asking itself since the discovery of the first oil well is what happens when the wells begin to run dry. The…
Petro Unfriendly California Changing it's Stance on Oil
The financial crisis changed the way people think. At least some people. In North America, the bursting of the housing bubble dispelled the myth you could get rich simply by…
New Techniques Oil Companies are Using in Drilling for Oil
As the politics and philosophical arguments about “Peak Oil” continue to rage, science continues to move steadily onward, progressively creating new and better ways to both find and extract oil…
Biofuel of the Future - Turning our Garbage into Energy
Two overwhelming environmental calamities, simultaneously banging at the door of our consciousness, may very well be more closely related than you might originally think. Calamity #1: We appear to be…
Do Oil prices Really have an Impact on Financial Markets? Yes and No
Stock market commentators like to draw parallels between the behavior of oil prices and stock prices on any given day. After all, who hasn’t seen a headline like this: “Oil…
The Oil Industry And Its Effect On Global Politics
Over the past century, modern society has developed a near unquenchable thirst for oil and after 100 years of searching and experimenting there is still no reliable replacement. “Oil is…
A Recent History Of Oil Prices! And Causes of the violent movements
When we take a well considered historical perspective of what has occurred over the recent years and in particular, the last two decades regarding the price of crude oil,…
Oil Prices and the Financial Markets
There are a number of different factors that affect financial markets however many analysts believe there is a direct relationship between the price of oil and the stock market. In…
What Affects Oil Prices?
Understanding what causes the price of oil to fluctuate can oftentimes be a confusing subject for those outside of the commodities market. There are a number of factors that affect…
