 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
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Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 40 mins | 2.725 | +0.040 | +1.49% |
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Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 2 days | 88.64 | -0.56 | -0.63% | ||
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Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 16 hours | 75.10 | -0.32 | -0.42% | ||
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Light Sour Blend • 16 hours | 78.15 | -0.32 | -0.41% | ||
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Syncrude Sweet Premium • 16 hours | 85.10 | -0.32 | -0.37% | ||
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Central Alberta • 16 hours | 75.50 | -0.32 | -0.42% |
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Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
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Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
Breaking News:
Geopolitical Tensions Fail to Spark Oil Price Surge
The fluctuating prices in response…
Traders Became More Bullish on Oil As Middle East Risk Surged
The crude oil net long…
Energy / Oil Prices
The Underlying Causes of Oil Price Fluctuations
After oil and gasoline prices continued their relentless march up earlier this year, it was nice to have some relief at the pump in May and June. However, since the…
What has been Driving Global Oil Prices Recently?
The price of Brent crude oil fell $35/barrel between April and June. But increases this summer have taken about $25 of that back.
Why the Oil Futures Market did not Contribute to High Oil Prices
A recent study by Luciana Juvenal and Ivan Petrella suggests that the financialization of oil futures markets contributed significantly to the surge in oil prices after 2003.
Gulf Tensions Cloud Oil Markets
Oil markets reacted Monday to a naval escalation near Dubai, highlighting on-going tensions in the Persian Gulf region. Oil prices Friday surged higher following economic statements from China, which has…
Stagnant Economy Means Stagnant Oil Prices
Government intervention in the labour dispute in Norway pushed crude oil prices back below the $100 mark after a brief spike Monday. Authorities said the strike halted about 15 percent…
Why Low Oil Prices Indicate the World is Heading for a Recession
Are lower oil prices good news? Not really, if it means the world is sinking into recession.We know from recent past experience and from common sense that higher…
Oil Prices Could See a Major Shift in Direction in the Near Future
Since I first started writing about energy in 2005, I have said many times that my view on oil prices is long-term, and that if I projected five years into…
Factors Affecting the Price of Oil
It seems that no matter what financial series you look at, there's a similar pattern of ups and downs over the last few years. I was curious to get a…
Low Oil Prices have Created an Opportunity to Invest in High Yield MLPs
The dramatic collapse in the price of oil is creating a rare opportunity to get into some of the highest yielding paper in the financial markets, master limited partnerships (MLP)'s.…
Behind the Low Oil Prices Lurks a Struggling Economy
As oil prices drop to below $90 a barrel this week, reaching a seven-month low, it’s fine to take heart in the accompanying dip in gas prices at the pump,…
How Index Buying Affects Crude Oil Futures Prices
In my previous post I described a new research paper with University of Chicago Professor Cynthia Wu on the Effects of Index-Fund Investing on Commodity Futures Prices.…
What's Driving Oil and Gasoline Prices in the US?
Here I comment on some recent developments affecting oil and gasoline prices.There is no oil shortage in the central United States, and has not been for some time,…
Oil Prices Could Follow Gas Prices Down as Demand Decreases
It’s not entirely a serious proposition — yet.But the point is the global market for hydrocarbons is undergoing a fundamental change, and whether you are a major energy…
The Problem with Banning Oil Speculation
Joseph P. Kennedy II, former Congressional Representative from Massachusetts, and founder, chairman, and president of Citizens Energy Corporation, has a proposal to make energy affordable for all. All we…
Should we Limit Speculation in the Oil and Gas Markets?
Let’s Play ‘Blame the Speculators’Most people would probably agree that speculation in the oil and gas markets is hurting American consumers. Consider the case of Aubrey McClendon.…
How the U.S. Could Protect Itself Against Volatile Oil and Gas Prices
Global oil prices are driven by a ‘rule of thumb’ that suggests prices will go up when the spare capacity of oil available on any given day is less than…
Why Saudi and US Attempts to Influence Oil Prices are Ineffective
If you have the power and the desire to bring down oil prices, the best way to proceed is to start bringing them down. The easiest and fastest method would…
Crude Oil Analysis for the Week of March 26, 2012
After failing to pierce the previous week’s low at $104.29, May Crude Oil made a low at $104.50 and proceeded to rally sharply higher. The market still closed lower for…
Crude Oil Analysis for the Week of March 19, 2012
May Crude Oil finished the week with a slight gain. It was a quiet week with the market showing a bias to the downside until Friday when prices surged, taking…
The Global Economy is Now More Vulnerable to Oil Prices than Ever
This paper examines the impact of oil price changes on global economic growth. Unlike some recent studies, this paper finds that oil price rises have had significant negative impacts on…
