 |
Louisiana Light • 4 days | 82.73 | -1.03 | -1.23% | ||
|
Bonny Light • 22 hours | 83.51 | -0.60 | -0.71% | ||
|
Opec Basket • 4 days | 84.29 | -0.01 | -0.01% | ||
|
Mars US • 192 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 13 mins | 2.514 | +0.003 | +0.14% |
|
Bonny Light • 22 hours | 83.51 | -0.60 | -0.71% | ||
|
Girassol • 22 hours | 84.58 | -0.49 | -0.58% | ||
|
Opec Basket • 4 days | 84.29 | -0.01 | -0.01% |
|
Peace Sour • 21 hours | 71.46 | -1.00 | -1.38% | ||
|
Light Sour Blend • 21 hours | 74.51 | -1.00 | -1.32% | ||
|
Syncrude Sweet Premium • 21 hours | 81.46 | -1.00 | -1.21% | ||
|
Central Alberta • 21 hours | 71.86 | -1.00 | -1.37% |
|
Eagle Ford • 4 days | 74.74 | -1.00 | -1.32% | ||
|
Oklahoma Sweet • 4 days | 74.75 | -1.00 | -1.32% | ||
|
Kansas Common • 5 days | 69.50 | +0.25 | +0.36% | ||
|
Buena Vista • 5 days | 83.77 | +0.27 | +0.32% |
Breaking News:
Iran Claims to Have Expanded Its Axis of Resistance
Iran is claiming that a…
Stronger Chinese Oil Imports May Send WTI Above $80
Positive demand signals from China…
Israel-Hamas Peace Talks Fall Apart
Peace talks between Israel and…
Global Energy Alert
COLOMBIA: Oil Production Up, but FARC Still Targeting Infrastructure
Bottom Line: Colombia’s oil production is up to an average of 1.01 billion barrels per day as of January 2013—the first time it’s surpassed the targeted 1 billion barrel mark.…
MALI: As Predicted, French Buried in Mali Long Term
Bottom Line: The Islamic insurgents (from three different groups) have demonstrated that they are capable of holding back French and Malian forces in Mali’s north. When the French gain ground,…
Three Ideas for Energy Investors to Look Into
I have three quick ideas for today’s column, with the hope that one of them will resonate with you. Next week is my vacation week, so I hope that you…
Oil Market Forecast & Review 22nd February 2013
In a move that has been anticipated for several weeks, Nearby crude oil futures plunged sharply lower the week-ending February 22 after support for higher-risks assets fell across the board…
Angola and Ghana: West Africa's New Gems
Sweet Angola’s Sweet, Light Crude OPEC-member Angola is a leading producer of crude in Sub-Saharan Africa; more than one-third of all offshore oil discoveries in the region in…
Discovering 2013: The Top Finds of the Last Two Months
Last year was a record one for major new discoveries, and 2013 has so far demonstrated that the road to discovery still has plenty of mileage. The past two months…
TURKEY-ISRAEL: Gas Pipeline Rumors Are Geopolitically Tectonic
Bottom Line: Israel and Turkey are flirting with the idea of building a gas pipeline from Israel’s Leviathan Basin directly to Turkey to supply European markets. For gas-starved Turkey, this…
IRAN-IRAQ: Pipeline to Syria Ups Ante in Proxy War with Qatar
Bottom Line: Iraq’s agreement to allow Iran to build a pipeline through its territory and on to Syria is in direct competition with Qatar’s similar designs for a Syria pipeline…
TURKEY: Tipping Point for Offshore Exploration
Bottom Line: An agreement between Shell and Turkey’s national oil company (TPAO) for western Black Sea exploration will start the ball rolling for Turkey’s energy ambitions. We’ve been waiting for…
INVESTOR WARNING: Bolivia Nationalizes Airport Management Company
Bottom line: Evo Morales’ expropriation of Servicios de Aeropuertos Bolivianos SA (SABSA)--a subsidiary of the Spanish businesses Abertis and Aena--is another warning for foreign investors in Bolivia. SABSA managed the…
ECUADOR: Correa and the Future of Oil
Bottom line: Foreign investment, though crucial for improving oil production levels in Ecuador, will remain far below potential for political reasons.Analysis: On 17 February 2013, President Rafael Correa…
Choosing the Right Oil Company to Own in 2013
I have been making the point about crude oil production and capex absolutely CONTROLLING the energy space right now and through 2013 and this week’s entry is perfect to point…
No Oil without Water: Water-Tech for the Future
As much as the world is thirsty for water, investors should also be increasingly thirsty to add water-tech to their portfolios. Only 1% of the world’s water is…
Two High Risk Venues, With Big Potential Payouts: Somaliland and Lebanon
Somaliland: Somali’s ‘Other’ CountrySomaliland enjoys a certain amount of strategic advantage. It has a long coastline and deep sea ports, and could eventually serve as a major energy…
Oil Market Forecast & Review 15th February 2013
After reaching a top at $98.24 on January 30, nearby crude oil futures weakened in what appeared to chart-watchers as the start of a short-term correction into a 50% retracement…
IRAN: Behind the Scenes Ahead of Kazakhstan Talks
Bottom Line: Against the backdrop of 25 February P5+1 talks in Astana, Kazakhstan, the Obama administration is seeking to lay the foundation for a deal with Tehran once Iran’s June…
YEMEN: Not an Iranian Invasion
Bottom Line: US claims that Iran is smuggling weapons to Shi’ite Houthi militants in Yemen come as Yemen embarks on a serious restructuring of the military to rid it of…
KENYA: Jordanian Company Quits Exploration License
Bottom Line: The decision by Jordan’s Edgo Energy to relinquish its offshore exploration license opens up opportunities for new explorers but highlights two key problems: the technical difficulty of drilling…
Libya: Countrywide Alert, Capital Uncertainty
Bottom Line: While the oil-rich Benghazi region has been in a critical security state for some time, the capital Tripoli should be considered a top threat. Lufthansa and Austrian Airlines…
Why Crude Oil Producers Will Outperform in 2013
I view oil through a 25-year career of daily engagement in the futures markets. It’s not the standard Wall Street view. I can’t describe how all that experience…
