 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.709 | -0.005 | -0.19% |
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 2 days | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 8 hours | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 8 hours | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 8 hours | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 8 hours | 75.75 | -2.68 | -3.42% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
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Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Breaking News:
Wall Street Remains On The Sidelines as Oil Jumps to $90
Most Wall Street analysts have…
Traders Became More Bullish on Oil As Middle East Risk Surged
The crude oil net long…
Energy / Oil Prices
Saudi Arabia Wants $70 Oil
As the global oil inventory surplus narrows and the goal of the OPEC cuts is within reach, the oil cartel is mulling a change in the way it defines success,…
How To Play The Next Oil Price Rally
I focus on the oil and gas markets and energy stocks. But that hardly immunizes me from the rest of the macro environment – the major stock averages, interest rates…
The Dollar Decides The Fate Of Oil Markets… For Now
April West Texas Intermediate futures rebounded early this week after sellers failed to take out the previous week’s low. Last week, the market finished with enough downside momentum to indicate…
Oil Claws Back Gains
Oil markets recovered on Friday, clawing back gains that were lost in the last oil price correction. (Click to enlarge) …
Is This The Beginning Of A Downturn In Oil?
Oil just posted its worst week in more than two years — WTI lost 9.5 percent and Brent lost 8.5 percent. The last time the two oil benchmarks fell by…
Goldman: Investors Grow Wary Of Another Oil Price Rally
Oil investors have grown wary of another oil price rally as they have doubts about whether U.S. producers would be able to rein in production growth, Goldman Sachs warned…
Oil Prices: Collapse Now, Spike Later
Oil prices closed out the week sharply down, wiping out all the gains posted since the start of the year. Surging U.S. shale production, along with broader financial turmoil, has…
Explaining The Big Drop In Oil Prices
As I’m sure you are aware, over the last week and a half, U.S. stocks have taken a massive hit. The reason we are told, is that the widely followed…
Oil Prices Tank As U.S. Drillers Add Massive Number Of Rigs
As if the recent nosedive that oil prices have taken in the last few days wasn’t bad enough—Baker Hughes reported a staggering increase to the number of rigs. The number…
The Oil Bubble Has Burst. What Now?
Those analysts who warned that oil prices can’t go on rising forever now have the chance to tell everyone else “I told you so.” Brent and WTI have fallen by…
Statoil: Rising U.S. Shale To Keep Oil Prices Below $70 In 2018
Oil prices will likely be below $70 per barrel this year, as growing U.S. onshore production as well as rising production from conventional fields will keep a lid on prices,…
The World’s Biggest Oil Benchmark Could Change Forever
For more than a month already, the Brent benchmark has been sourced from five, not four, North Sea Fields. Eleven years after Platts added Ekofisk to Brent, the 200 kbpd…
Oil Prices Ravaged By Financial Turmoil
Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market. The steady decline of the U.S. dollar has helped
Is WTI Overtaking Brent As The Biggest Global Benchmark?
Brent and West Texas Intermediate (WTI) are the two most important crude benchmarks in the world, oil grades that serve as a reference price for buyers and sellers.…
Higher Oil Prices Are Bad News For India
One of the world’s largest crude oil importers, India, has benefited from low oil prices for the better part of the past three years, enjoying a lower import bill and…
Goldman: Oil To Top $80 Within Six Months
Goldman Sachs has held one of the most optimistic views on the rebalancing of the oil market and oil prices in the near term, and the investment bank is now…
Are Canadian Oil Prices Set To Rebound?
“How’s the Canadian oil and gas industry doing?” a friend recently asked me. People on the sidelines expect a positive answer, knowing that a barrel of oil now trades above…
Three Factors That Could End The Oil Rally
The bullish forces helping to push crude benchmarks up to their highest levels in years could be running into trouble. There is a confluence of factors that conspired to push…
WTI-Brent Spread Narrows To Smallest In Five Months
Rising U.S. rig count and oil production—along with a firmer U.S. dollar—sent oil prices down by 1 percent early on Monday, but the spread between the U.S. benchmark WTI and…
Three Wild Cards That Could Hurt The Oil Rally
The 2018 oil rally is happening at breakneck speed. As I write this, West Texas Intermediate (WTI) is above $66 a barrel while Brent crude is breaching $71 a barrel…
