 |
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 | 2.744 | +0.010 | +0.35% |
|
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 • 5 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 5 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 5 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 5 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% |
Javier Blas: 10 Things Oil Traders Need to Know About Iran's Attack on Israel
Javier Blas analyzes the impact…
U.S. Crude Production To Decline In 2024 As Shale Activity Stalls
Analysts from Standard Chartered have…
Energy / Crude Oil
Something Strange Is Happening In The Saudi Oil Patch
Saudi Arabia may have started to fill up its oil tanks, export and domestic consumption data suggests, as cited by Bloomberg’s Julian Lee. Traditionally, the summer months are the season…
Venezuela Sends More Crude To The U.S. Despite Production Woes
Despite a persistent decline in crude oil production, Venezuela has seen its exports of crude to its biggest market, the United States, climb since February this year. In fact, between…
OPEC Oil Production Surges 340,000 Bpd As Saudis Pump Near Record
OPEC’s crude oil production jumped by 340,000 bpd in July from June, as the cartel’s leader Saudi Arabia pumped near-record volumes and the close Saudi allies in the Gulf boosted…
The U.S. Oil Production “Mirage”
Some of the surge in U.S. oil production this past spring might have been “a mirage.” On July 31, the EIA released monthly data on U.S. oil production, which…
Russia Reverses Almost All Its Oil Production Cuts
Russia opened the spigots in July and pumped its highest level of oil since the OPEC+ agreement entered into force in January 2017. At 11.215 million bpd, Russia’s oil…
A New Booming Market For U.S. Crude Exports
The VLCC Tianjin left the Corpus Christi lightering zone in the Gulf of Mexico on June 19 with nearly 2.1 million barrels of US WTI / Midland WTI crude on…
Brazil Reports Record Oil Exports
Crude oil exports from Brazil hit an all-time high in July, at 8.1 million tons, which was a 50-percent increase on the year and a threefold improvement on the month,…
The Next Trade War Escalation Will Hit U.S. Oil
The Trump administration is considering another ramp up of the trade war with China, a move that could begin to rattle the global economy. The Wall Street Journal reports…
U.S. Oil Production Isn’t Growing As Fast As Expected
U.S. crude oil production is growing, but at a slower pace than predicted. American oil production in May actually inched down from April by 0.3 percent, according to EIA’s Monthly…
Kuwait Oil Production Hits 18-Month High
Kuwait is pumping crude at a daily rate of 2.8 million barrels, the most since December 2016, the country’s oil minister Bakheet al-Rashidi said today as quoted by S&P…
Oil Prices Fall After EIA Confirms Crude Inventory Build
After yet another surprise report—this time of an inventory build—from the American Petroleum Institute weighed on prices yesterday, the Energy Information Administration confirmed a build, reporting U.S. crude…
The Texas Oil Boom Isn’t Creating Enough Jobs
Texas is witnessing a fresh oil boom with June production hitting 4.3 million bpd, all thanks to two things: efficiency improvements and, of course, oil prices. But not everyone is…
Iraq Security Forces Disperse Oil Field Sit-Ins
Iraq’s security troops have dispersed two sit-ins in southern Iraq, one at a key oil field, local media report. The field is West Qurna-1, one of the biggest in…
Saudis Won’t Suspend Oil Exports To The West
Aramco is unlikely to suspend West-bound crude oil exports after the Houthi missile attacks against two Saudi tankers in the Bab el Mandeb strait, The National reports citing oil…
Coke, Meth And Booze: The Flip Side Of The Permian Oil Boom
The fastest-growing oil region in the U.S. is fueling not only the second American shale revolution—it’s fueling a subculture of drug and alcohol abuse among oil field workers. The Permian…
Profitability Is Finally Within Reach For U.S. Shale
The shale industry is on the verge of becoming profitable…for the first time. “Higher prices and operational improvements are putting the US shale sector on track to achieve positive free…
What’s Keeping Investors Away From Energy Stocks?
The prices of crude oil and natural gas liquids are much higher than they were a year ago and the outlook for natural gas prices has improved. However, dozens of…
How U.S. Shale Flipped The Script In Global Oil Markets
In the previous article, Asia’s Insatiable Oil Demand, I covered global and regional oil consumption numbers according to the recently-released 2018 BP Statistical Review of World Energy. To…
Tight Oil Markets Are Ignoring Supply Risk
The global oil market is once again in flux as geopolitics and regional conflicts take an increasingly heavy toll on oil supplies. Since the OPEC meeting in Vienna, warning signs…
Saudi Arabia Halts Oil Shipments At Key Chokepoint
Saudi Arabia halted crude oil and oil product shipments via the Bab el Mandeb chokepoint in the Red Sea after a Houthi attack on two Saudi tankers near the port…
