 |
Louisiana Light • 2 days | 73.02 | -0.64 | -0.87% | ||
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Bonny Light • 31 days | 78.62 | -2.30 | -2.84% | ||
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Opec Basket • 2 days | 73.65 | +0.08 | +0.11% | ||
|
Mars US • 322 days | 75.54 | -1.36 | -1.77% | ||
|
Gasoline • 11 mins | 2.041 | -0.019 | -0.90% |
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Bonny Light • 31 days | 78.62 | -2.30 | -2.84% | ||
|
Girassol • 31 days | 79.56 | -1.80 | -2.21% | ||
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Opec Basket • 2 days | 73.65 | +0.08 | +0.11% |
|
Peace Sour • 5 hours | 68.16 | +1.28 | +1.91% | ||
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Light Sour Blend • 5 hours | 67.41 | +1.28 | +1.94% | ||
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Syncrude Sweet Premium • 5 hours | 72.16 | +1.28 | +1.81% | ||
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Central Alberta • 5 hours | 69.16 | +1.28 | +1.89% |
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Eagle Ford • 2 days | 67.39 | -0.28 | -0.41% | ||
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Oklahoma Sweet • 2 days | 67.50 | -0.25 | -0.37% | ||
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Kansas Common • 3 days | 58.02 | +1.10 | +1.93% | ||
|
Buena Vista • 3 days | 77.67 | +1.10 | +1.44% |
Breaking News:
Article Archive | Page 1775
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…
Google's Decision Highlights the Dangers of Doing Business in China
The ramifications of Google's decision to leave China are deep: China's leadership, be careful what you wish for. I have been a student of China for 40 years. Alas, no,…
Duelling Conferences Debate Role of Nuclear Power
Nuclear power is an important part of the solution to global warming, claimed one conference in Paris last week. No, asserted another conference outside Berlin, nuclear power is not an…
The Stock Market As Propaganda
Since 91% of stocks are owned by the Plutocracy, the much-ballyhooed rise in the stock market as proof the recession is over is perception management/ propaganda. The 75%…
Southeast Asia Becoming China's Trading Partner of Choice
Some good research from China Knowledge this week. About how southeast Asia is becoming China's trading partner of choice. China's trade with the Association of Southeast Asian Nations has grown…
Rising Gas Prices, Falling Corn Prices Could Mean Comeback for Ethanol
Amid rising gasoline prices and falling corn prices, ethanol may be poised for a comeback of sorts, even if only a temporary one. Even though conventional wisdom is that crude…
Crude Prices Stagnate Amid Doubts About Global Demand
Oil Market Summary 03/08/2010 to 03/12/2010. Crude oil prices tread water for the week as uncertainty about demand continued to weigh on the market. Prices were down slightly on the…
Ecuador Continues Its Defense in Arbitration Commenced By Chevron
On March 11, 2010, the Honorable Leonard Sand, U.S. District Court for the Southern District of New York, denied the Republic of Ecuador’s Petition to Stay the pending arbitration commenced…
Shipping Indices Highlight a Potential Commodities Sell Off
The China Containerized Freight Index has bee-lined upward in 2010. The index tracks shipping prices for goods sailing from China to 11 different regions around the world. Between January…
Damage Done By Nigeria's Contentious Oil Bill May Be Tough To Undo
Nigeria's controversial oil industry bill is expected to eventually pass but the government may find it tough to later shift gears as international oil firms targeted under the legislation scale…
The Debt Potato
The past year has been all about shifting debt. The financial crisis drove American homeowners into debt. Homeowners defaulted on their loans (or threatened to), driving the banks into debt.…
What is the Biggest Question in the Markets Right Now?
Now that the S&P rallied over 60 pct since last March 2009, and pretty much all other markets except housing and real estate have also rallied (anything connected to financial…
DOE Stimulus Grant Throws Spotlight on Growing Need for Energy Storage
A new stimulus grant of $100 million from the U.S. Department of Energy that includes support for grid-scale energy storage projects is the latest sign of the growing need to…
Groundbreaking Developments in Gold and Mineral Exploration
I'm spending a few days in Toronto at the Prospectors and Developers Association of Canada annual conference. This is one of the mining industry's largest events. Thousands of companies descend…
Shell, PetroChina bid for Australian coal gas producer as Asia seeks energy resources
PetroChina joined with Royal Dutch Shell in a bid for Australian coal-seam gas producer Arrow Energy as Asian countries scramble for a stake in the vast energy resources at their…
A Bull Market Requires a Healthy Consumer Underneath
A year ago this week the stock market hit its nefarious 666 level on the S&P 500. Since that historic day, we have enjoyed a 68% appreciation in equities from…
There Will be No Economic Recovery as the Era of Cheap Oil Comes to an End
a href="http://www.businessinsider.com"> When oil crossed $120 a barrel for the first time in May 2008, oil cornucopians knew they were in trouble. Prices had quadrupled in just five years, yet…
Chevron to Seek Shale Gas in Poland as Europe Focuses on Unconventional Reserves
Chevron has acquired exploration rights for four shale gas concessions in southeastern Poland, the U.S. oil giant said in a recent SEC filing, joining other international companies in the hunt…
Libya: The Energy Player Not to Be Dismissed
On September 1, 2009, Libya lavishly celebrated the 40 years in power of its leader Colonel Muammar Gaddafi. Once qualified as the mad dog of the Middle East by President…
U.S. Jobs Data Propels Crude Oil Above $80 a Barrel
Oil Market Summary for 03/01/2010 to 03/05/2010. Jobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a…
