 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.773 | +0.014 | +0.52% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 6 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 6 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 6 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 6 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Saudi Aramco Eyes Stake in Chinese Petrochemical Firm
Saudi Arabia’s oil giant, in…
Oil Price Volatility Soars Amid Geopolitical Uncertainty
Oil price volatility has climbed…
Energy / Energy-General
U.S. Shale Production To Double Despite Struggles
Friday, November 15, 2019 1. China’s economic slowdown- China’s retail and industrial activity continues to decelerate, with a particular dip notable…
Worrying Data For OPEC
Market Movers - Data in OPEC’s latest edition of the Monthly Oil Market Report suggests that deeper production cuts will be needed to balance the oil market. Production for the…
A ‘Latin Spring’ In The Making?
Crude oil prices trended up slightly in the second half of this week on a surprise crude oil inventory draw, but disappointments over U.S.-China trade talks mean there’s not much…
Forget Tesla, This Is The Most Impressive Electric Vehicle Of The Year
It may not be faster than a speeding bullet, but the newest electric vehicle unveiled this week at the Dubai Motor Show can travel at an astonishing 250 miles…
Putin Determined To Strengthen Ties With OPEC
Russia is in favor of a continued partnership with OPEC that does not need to be limited to oil production control, Russia’s President Vladimir Putin said after the BRICS summit…
Could The Aramco IPO Kill OPEC?
The global oil market could be entering unchartered waters in the coming weeks. After the US shale revolution, which threatened OPEC’s hold on and the stability of the market, a…
Real Estate Tycoon Buys Up Oil Assets At Rock Bottom Prices
Sam Zell, the real estate mogul, has acquired oil assets across the United States at ‘fire-sale’ prices, as U.S. drillers sell assets to raise cash which is scarce in the…
OPEC Output Soars As Venezuela Bounces Back From The Brink
OPEC’s crude oil production jumped by nearly 1 million bpd in October compared to September after top producer Saudi Arabia recovered from the mid-September attacks on its oil infrastructure, more…
In Pursuit Of The Perfect Fuel
Dark matter is probably the biggest existential question of our time. And as scientists stare glossy-eyed into the dark matter abyss and ponder its nature, non-scientists are already trying to…
The Bullish Surprise In OPEC's Latest Report
In its last report before the December meeting, OPEC estimates that demand for its crude oil next year will drop by 1.1 million bpd from 2019, and will be below…
IEA Sees $90 Crude Ahead Of Oil’s Downfall
Global oil demand will plateau around 2030, according to a major new report, but the decline in demand is way too slow to head off the worsening effects of climate…
US Oil Prepares For ‘Plan B’ If Democrats Take The White House
U.S. oil producers are preparing for an abrupt change in federal government policies in case a Democrat wins the 2020 vote, with almost 3 million barrels in daily production at…
Oil Giant Stoically Refuses To Pay Ransom
Mexico’s state-run Pemex has no intention of paying the ransom that cyber attackers have requested, Mexico’s Energy Minister and Pemex board chairman Rocio Nahle said on Wednesday, according to Reuters.…
The Science Behind Detecting A Wormhole
Wormholes: the modern-day equivalent of the Philosopher’s stone, a concept that has captured the imagination of millions of sci-fi fans and has appeared in multiple films and novels. Alas, all…
The $75 Billion Indicator That Might Reveal Aramco’s True Value
Last week Saudi Arabia’s national oil company Aramco announced its intention to publicly offer shares on the Riyadh stock exchange. The IPO has been pending for several years, but
Four Ways Oil Has Made Our Lives Better
The world’s most heavily traded commodity has been charged with climate change and found guilty both in the court of public opinion and in climate science circles,…
The World’s Newest Oil Benchmark
This week has witnessed a great flurry of news regarding the creation of a new Middle Eastern benchmark from the UAE flagship crude Murban. Intercontinental Exchange stated it will list…
Another Trade War Threat Emerges
What Does Hong Kong Have To Do With Oil Prices? Nothing moves oil up or down right now like the U.S.-China trade war, and what is happening in Hong Kong…
Why Isn’t Winter Pushing LNG Prices Higher?
Spot LNG prices in Asia-Pacific are hovering around the $6/MMBtu level at a time when seasonal winter demand usually pushes them higher. The reason is not hard to see –…
Trade Deal Might Not Spark Major Oil Rally
Crude oil markets came under pressure this week as Saudi Arabia reported a full production rebound in October and traders grew impatient over progress on a US/China trade deal. Like…
