 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.752 | +0.018 | +0.65% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 6 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 6 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 6 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 6 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Breaking News:
Zombie Fires Pose Looming Threat to Canada’s Oil and Gas Infrastructure
Canada faces an escalating threat…
Namibia Racks Up Another Major Offshore Oil Discovery
Shares of Portuguese integrated energy…
Energy / Crude Oil
Venezuela Is Using Invisible Oil Tankers To Skirt Sanctions
U.S. sanctions on Venezuela have been squeezing the life out of its economy in an attempt to remove the government of Nicolas Maduro from power, but so far those sanctions…
The Real Winner Of The OPEC+ Pact
Russia has made more money than Saudi Arabia from the production cut pact this year, while the Saudis have reduced output three times the volume Russia has cut, Bloomberg
The Truth Behind Iran’s “Massive” Oil Find
Iranian President Hassan Rouhani announced proudly this weekend that Iran had discovered a massive new oil field containing more than 50 billion barrels of reserves—a figure that would increase…
The Uncertain Fate Of U.S. Shale In 2020
There is quite a bit of disagreement over how much U.S. shale will grow next year, and a lot hinges on the magnitude of the slowdown. The three main energy…
Oil Prices Fall On Bearish EIA Inventory Report
Crude oil price dipped today after the Energy Information Administration reported a crude oil inventory increase for the week to November 8. At 2.2 million barrels, the increase extended…
Icahn: Occidental Won't Hit Target Without Asset Sale
Activist investor Carl Icahn has called on Occidental Petroleum’s management to sell assets in order to hit its divestment target following the $38-billion purchase of Anadarko, Bloomberg reports,…
The World’s Most Vulnerable Oil
A single drone missile can wreak as much havoc on the oil markets as a world war at this point. If one already obvious point was hit home on September…
OPEC Is Desperate For A Trade War Resolution
The U.S. and China will reach a trade deal, and therefore remove the “dark cloud” hanging over the oil market, OPEC Secretary General Mohammad Barkindo said on the sidelines…
U.S. Shale Will Soon Produce More Oil Than All Of Russia
Crude oil and natural gas production from the U.S. shale patch will top Russia’s combined oil and gas output by 2025, the International Energy Agency said in the 2019 edition…
IEA: Peak Oil Demand Is Less Than A Decade Away
Global oil demand will reach its peak in the mid-2020s and plateau around 2030, the International Energy Agency said in its World Energy Outlook for 2019. Until about 2025,…
The EIA Is Grossly Overestimating U.S. Shale
The prevailing wisdom that sees explosive and long-term potential for U.S. shale may rest on some faulty and overly-optimistic assumptions, according to a new report. Forecasts from the U.S. Energy…
Iran Admits: Tanking Oil Revenue Cripples Country
In contrast to previously defiant statements that Iran will withstand any sanctions of its ‘enemies’, Iranian President Hassan Rouhani admitted on Tuesday that it is now…
Can Russia’s Arctic Oil Boom Survive U.S. Sanctions?
Russia is betting big on offshore Arctic oil and gas projects and onshore deposits in Siberia to offset oil production declines at maturing fields and to become a dominant liquefied…
Oil Majors Team Up To Launch World’s Newest Crude Exchange
Abu Dhabi National Oil Company (ArDNOC) and nine of the world’s biggest energy traders—including BP, Shell, Total, and Vitol—are partnering to launch a crude oil futures exchange in Abu Dhabi,…
Has Global Oil Production Really Peaked?
Below are a number of Non-OPEC charts created from data provided by the EIA’s International Energy Statistics. The charts and table below are primarily for the world’s largest Non-OPEC producers…
Chinese Oil Imports Soar To Record High
Refinery start-ups and stabilizing refining margins drove China’s crude oil imports to a record high in October, Chinese customs data showed on Friday. The world’s top oil importer increased…
Saudi Arabia Inks New Mega Deals With The World’s Largest Oil Importer
The world’s top oil exporter Saudi Arabia is looking to cement its top supplier position in the world’s largest oil importer, China, after Saudi Aramco signed on Thursday crude…
Endless Economic Wars: A Major Threat For U.S. Oil Exports
The 5-percent tariffs China imposed on U.S. crude oil imports two months ago could challenge the growth prospects of overall exports, economists gathered for an industry event have warned. "China's…
The No.1 Oil Hotspot For 2020
The Middle East is oil. In fact, it’s a staggering 800+ billion barrels of oil, or nearly half of the world’s reserves. But there’s nothing left to discover. Forget the…
How Much Oil Does The U.S. Really Own?
It’s no secret that the United States produces more crude oil on a daily basis than any other country at 12.6 million bpd, according to the most recent weekly EIA…
