 |
Louisiana Light • 1 day | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.720 | -0.014 | -0.53% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 9 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 9 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 9 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 9 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 1 day | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June
Despite some crude inventory builds…
Javier Blas: 10 Things Oil Traders Need to Know About Iran's Attack on Israel
Javier Blas analyzes the impact…
Energy / Crude Oil
Can Argentina Replicate The U.S. Shale Boom?
Argentina has consistently been hyped as the location where the next shale revolution will unfold. The unfolding has taken some time, but progress in shale production is starting to take…
Is This The New Sweet Spot For Shale?
Over the last year, ‘permania’ has become so frenzied that the land rush drove exploration rights prices in West Texas sky high—and along with it, equipment and labor costs. So,…
When Will Oil Demand Begin To Taper Off?
It’s possible that 2017 may go down as the year when the concept of peak oil demand went from speculation to potential reality, as companies and energy analysts began estimating…
Iraq Struggles To Keep Oil Exports Elevated
Since the Kurdish referendum in late September, when Iraqi Kurds overwhelmingly voted for independence from Iraq, there has been a drop in crude flows through the Kirkuk-Ceyhan pipeline, as tension…
Markets Shrug On Flat Oil Rig Count
The number of oil and gas rigs in the United States rose again this week, this time by 8, according to Baker Hughes, ending a short-lived downward trend in weeks…
Chinese Crude Inventories Fall For First Time In 12 Months
The crude oils stockpiles of China fell for the first time in 12 months on the back of a drop in imports to the lowest in a year and robust…
Norway’s $1 Trillion Wealth Fund Looks To Dump Oil & Gas Stocks
The global campaign to divest from fossil fuels may have just picked up its most significant ally to date – the largest sovereign wealth fund in the world. Norway’s trillion-dollar…
Why Saudi Arabia Should Fear U.S. Oil Dominance
One of the more important recent developments in global energy is the resurgence of U.S. energy production, thanks in large part to the shale revolution. Now, after half a century…
What Happens If The OPEC Deal Extension Fails?
The oil market has already factored in an extension of the OPEC deal, with the working assumption that the cuts will be extended through the end of 2018. But what…
Can Russia Break Its Oil Dependence?
Despite improving oil prices, Russia’s economic growth is slowing, with GDP rise for the third quarter at 1.8 percent on an annual basis, versus 2.5 percent for the…
Falling Iraqi Oil Output Drags OPEC Production Down
All data below is based on the latest OPEC Monthly Oil Market Report. All data is through October 2017 and is in thousand barrels per day.…
China Resumes Oil Hoarding Despite Higher Prices
Satellite imaging data suggests that China has started to build its crude oil inventories after two months of declines, Orbital Insight said. According to the company’s data, the first…
Oil Prices Slip After EIA Reports Builds Across The Board
A day after the American Petroleum Institute took the market by surprise reporting a 6.513-million-barrel build in inventories, the Energy Information Administration confirmed inventories had risen last week…
IEA’s Shocking Revelation About U.S. Shale
The oil market is exhibiting signs of having reached a “new normal,” according to the IEA, with the floor for oil prices jumping from $50 to $60 per barrel. But…
U.S. Shale To Beat Saudi Production Growth
U.S. shale oil and gas production is set to grow at a record-breaking rate over the next eight years, the International Energy Agency said in its latest World Energy…
OPEC Sees Oil Demand Soaring In 2018
True to its perpetually optimistic form, OPEC, which only last week for the first time conceded the threat posed by rising US shale production... (Click to…
OPEC Chairman: Output Cuts Are The ‘’Only Viable Option’’
OPEC and its non-OPEC partners are expected to unanimously decide to extend the production cuts at the Vienna meeting on November 30, but the duration of the extension is…
Houthi Rebels Threaten To Attack Saudi Oil Tankers
The Houthi rebel group in Yemen has threatened to start attacking oil tankers and warships sailing under enemy flag if the Gulf coalition fighting it in the country does…
Is Peak Permian Only 3 Years Away?
The world’s hottest shale basin, the Permian, is leading the second U.S. wave of tight oil production growth and will continue to do so for years to come, all analysts…
Ghana Looks To Ramp Oil Production
Ghana, one of Africa’s democratic standard bearers, is a relative newcomer to the oil sector. Having surpassed oil development’s teething problems, it has remained highly committed not to scaring foreign…
