 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 19 hours | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 81.76 | +2.02 | +2.53% | ||
|
Gasoline • 3 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 19 hours | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 19 hours | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 18 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 18 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 18 hours | 86.77 | +0.76 | +0.88% | ||
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Central Alberta • 18 hours | 77.17 | +0.76 | +0.99% |
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Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
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Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
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Energy / Oil Prices
Russia Can Survive An Oil Price War
After a frosty reception at the G20 summit in Australia this week, Russian President Vladimir Putin required some much needed rest, at least according to the official explanation given for…
State Budgets Reeling from Low Oil Prices
There has been a lot of attention paid to the harm that the oil industry is experiencing in the face of declining oil prices, but there has been little talk…
The Economic And Strategic Implications Of Low Oil Prices
If oil prices continue to spiral downward, what will be the economic and strategic results? Not too bad, says Gawdat Bahgat. Consumers will benefit at the expense of producers and,…
Is Saudi Arabia Waging Economic Warfare?
The G20 is a conference of the world’s top 20 economies as measured by Gross Domestic Product. Some observers have slammed it as an unelected and arbitrary body that is…
Want To Hurt Russia? Lower The Price Of Oil
Why would the oil producers, who have over the years raised the price of oil at every opportunity they got suddenly agree to drop the price from roughly $120 a…
Kazakhstan To Use National Fund For Oil Price Damage Limitation
For the second time in seven years, Kazakhstan will tap its National Fund as one way to help sustain its economy, which has become a victim of the global drop…
Oil Price Slide - The Real Problem
The world is in a dangerous place now. A large share of oil sellers need the revenue from oil sales. They have to continue producing, regardless of how low oil…
Why The Current “Oil Glut” Could Lead To A Price Spike
Back in March 1999 "The Economist" magazine carried a cover photo of two men drenched in oil as they attempted to close a faulty valve that was spraying a…
Oil Price Slump Threatens Kazakhstan’s Stability
The steep decline in global oil prices is stoking angst in Kazakhstan. Experts and officials alike say the government has ample resources to grapple with fiscal surprises. The real question…
Looking Downstream For Opportunity
The dramatic fall in oil prices that we have witnessed over the last four months has dragged almost all energy related stocks with it. This is hardly surprising as the…
The End Of An Era: Is The US Petrodollar Under Threat?
Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power…
Why Oil Prices Are About To Settle
If you are paying attention, you will be aware that oil prices have been falling dramatically since the end of June, losing over 20 percent from the highs at that…
Oil Price Recovery Will Be Slow, Steady And Painful
I’ve been trading oil and learning about oil companies for 30 years, and one thing I can tell you is that the common wisdom about the oil market is almost…
8 Reasons For Our Oil Price Predicament
A person might think that oil prices would be fairly stable. Prices would set themselves at a level that would be high enough for the majority of producers, so that…
Oil Shocks And The Global Economy
Here I re-tread a well-trodden path, but with recent events in the oil market I thought a brief recap might be timely.I begin with a photographic illustration of…
Oil Market Complexity Means Prices Make The Story
When the world's business editors sent their reporters canvassing to find out what is behind the recent plunge in the world oil price, they were doing what they do almost…
Low Oil Prices Hurting U.S. Shale Operations
Slumping oil prices are putting pressure on U.S. drillers.The number of active rigs drilling for oil and gas fell by their most in two months, according to the…
How And When Will Saudi Arabia Respond To Low Oil Prices?
Oil prices (along with prices of many other commodities) have fallen dramatically since last summer. Some observers are waiting to see if Saudi Arabia responds with significant cutbacks in…
How Oil Prices Affect These Three Major Players
Russia, Saudi Arabia, and the US will feel the effects of oil prices in radically different ways.It would be logical…
How Cool Heads Can Prevail In This Panic
The oil market’s in freefall, the stock market is in freefall. You’re taking losses, big losses, in stocks that you bought – not at the top of the market where…
