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	WTI Crude •10 mins	83.82	+0.25	+0.30%
	Brent Crude •14 mins	89.32	+0.31	+0.35%
	Murban Crude •15 mins	89.23	+0.15	+0.17%
	Natural Gas •34 mins	1.590	-0.048	-2.93%
	Gasoline •39 mins	2.769	+0.011	+0.41%
	Louisiana Light •2 days	86.49	-0.63	-0.72%
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Louisiana Light • 2 days	86.49	-0.63	-0.72%
Bonny Light • 23 hours	88.40	-0.92	-1.03%
Opec Basket • 2 days	88.45	+1.94	+2.24%
Mars US • 174 days	77.26	-1.51	-1.92%
Gasoline • 39 mins	2.769	+0.011	+0.41%

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	Marine •23 hours	88.28	-0.43	-0.48%
	Murban •23 hours	88.74	-0.19	-0.21%
	Iran Heavy •23 hours	83.31	-0.63	-0.75%
	Basra Light •878 days	71.69	-3.60	-4.78%
	Saharan Blend •23 hours	87.85	-0.79	-0.89%
	Bonny Light •23 hours	88.40	-0.92	-1.03%
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Bonny Light • 23 hours	88.40	-0.92	-1.03%
Girassol • 23 hours	89.03	-0.87	-0.97%
Opec Basket • 2 days	88.45	+1.94	+2.24%

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	Canadian Crude Index •331 days	53.57	-1.23	-2.24%
	Western Canadian Select •22 hours	69.61	-0.55	-0.78%
	Canadian Condensate •22 hours	84.96	-0.55	-0.64%
	Premium Synthetic •22 hours	83.21	-0.55	-0.66%
	Sweet Crude •22 hours	79.31	-0.55	-0.69%
	Peace Sour •22 hours	76.01	-0.55	-0.72%
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Peace Sour • 22 hours	76.01	-0.55	-0.72%
Light Sour Blend • 22 hours	79.06	-0.55	-0.69%
Syncrude Sweet Premium • 22 hours	86.01	-0.55	-0.64%
Central Alberta • 22 hours	76.41	-0.55	-0.71%

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	Louisiana Light •2 days	86.49	-0.63	-0.72%
	Domestic Swt. @ Cushing •2 days	79.29	-0.04	-0.05%
	Giddings •2 days	73.04	-0.04	-0.05%
	ANS West Coast •2 days	88.00	-0.37	-0.42%
	West Texas Sour •2 days	78.39	-0.04	-0.05%
	Eagle Ford •2 days	79.29	-0.04	-0.05%
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Eagle Ford • 2 days	79.29	-0.04	-0.05%
Oklahoma Sweet • 2 days	79.25	-0.50	-0.63%
Kansas Common • 23 hours	73.75	+0.75	+1.03%
Buena Vista • 2 days	87.23	-0.55	-0.63%

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All Charts

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Chevron Kazakhstan Oil JV Start New Tengiz Production

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Contributors
David Yager

David Yager

Based in Calgary, David Yager is a former oilfield services executive and the principal of Yager Management Ltd., an oilfield services management consultancy. He has been writing about the upstream oil and gas industry and energy policy and issues since 1979.

Latest articles from David

Canada’s Oil Future Has Been Hijacked

Published 11 September 2016 | viewed 30,627 times

How Did Alberta’s Oil Future End Up With Pipeline Companies? How did the value of your house and your future employment opportunities end up in…
Long Term Outlook For Canadian Oil Sands Looks Bright

Published 03 July 2016 | viewed 19,092 times

The only thing certain about any and all economic forecasts is that they are wrong. I don’t know why and don’t know in which direction,…
Investing In Oilfield Services Is Now More Complicated Than Ever Before

Published 26 June 2016 | viewed 9,703 times

It was a memorable phone call. A couple of months ago a classically trained financial engineer with money to invest in distressed oilfield services (OFS)…
Increase In U.S. Rig Count Will Not Cap Oil Prices

Published 16 June 2016 | viewed 38,743 times

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph…
Why Canada’s Oil Sand Producers Will Recover Quickly From The Wildfires

Published 26 May 2016 | viewed 19,733 times

Canada’s oil sands producers in the Fort McMurray region are watching the weather to determine if and when they can move the necessary people back…
Why Canada’s Oil Industry May Never Be the Same

Published 28 April 2016 | viewed 29,621 times

Never is a long time. The dictionary definition is, “at no time in the past or future; on no occasion; not ever.” In the volatile…
What A Recovery For Oilfield Services Might Look Like

Published 21 April 2016 | viewed 15,825 times

At some point – hopefully sooner than most think – the price of crude oil and natural gas will rise to levels reflecting full replacement…
This Is How Oilfield Services Are Surviving Low Oil Prices

Published 09 April 2016 | viewed 18,325 times

Necessity is the mother of invention and in the year ended December 31, 2015, adapting to a rapidly shrinking market was absolutely necessary for oilfield…
Canadian Oil Industry No Longer Sees Alberta Advantage

Published 07 April 2016 | viewed 13,106 times

“Who will stand up for Alberta’s persecuted billionaire community?” the headline of a popular political blog site sarcastically blared after the story broke last month…
How Lenders Control The Future Of Oilfield Services

Published 12 March 2016 | viewed 10,060 times

For the thousands of new entrants into the oilfield services (OFS) industry in the past 15 years - both workers and companies – if you…
It’s Time For Canadian Oil To Re-Shuffle, Re-shape And Rebound

Published 03 March 2016 | viewed 21,111 times

The numbers are sobering. Make that alarming. According to the folks at ARC Financial Corp. in their March 1 weekly macro-economic overview of Canada’s upstream…
In Spite Of Oil Price Slump, Canadian Oil Output To Increase

Published 25 February 2016 | viewed 11,746 times

It was yet another depressing headline congruent with the rest of the bad news bombarding the battered Canadian oilpatch for 15 months. On February 22…
Why Is Well Decommissioning So Slow In Canada?

Published 19 February 2016 | viewed 11,679 times

The task of abandoning suspended or depleted wellbores and reclaiming the surface location - the modern title of which is well decommissioning (WD) - is…
Why Today’s Oil Bust Pales In Comparison To The 80’s

Published 11 February 2016 | viewed 55,696 times

Your writer is both an oil junkie and a pack rat for information. Nothing major ever collected related to the history of petroleum has hit…
Alberta Holds Back On Royalty Hike For Oil Industry

Published 05 February 2016 | viewed 8,119 times

Call it the new era of reverse negatives. It’s not that the Alberta government did something good as much as it didn’t do something bad.…
Do Canadians Want To Stay In The Oil Business?

Published 28 January 2016 | viewed 15,643 times

The Canadian oilpatch is facing unprecedented challenges from uncontrollable forces outside our borders where oil prices and the vast majority of supply and demand are…
How Soon Could A Sustained Oil Price Rally Occur?

Published 23 January 2016 | viewed 33,039 times

There’s an old saying in journalism that goes, “Never let the facts ruin a good story.” This accurately describes what should be called The Incredible…
How Capital Inflows Can Affect Oil Service Activity In 2016

Published 07 January 2016 | viewed 8,550 times

As the New Year begins, there have been endless prognostications on what will happen to the price of oil and the subsequent impact upon oilfield…
North America’s Best Shale Patch

Published 03 December 2015 | viewed 23,890 times

You really know business is tough when success is measured by suffering less than others. But so it goes as the North American oilpatch enters…
Oil Sands Producers Can Live With Alberta’s New Carbon Taxes

Published 26 November 2015 | viewed 9,918 times

If business is good at anything, it is pragmatism. Take a hostile takeover for example. After weeks or months of trading insults and accusations in…

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