 |
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 | 2.765 | +0.007 | +0.25% |
|
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 • 4 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 4 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 4 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 4 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% |
Traders Became More Bullish on Oil As Middle East Risk Surged
The crude oil net long…
Geopolitical Tensions Fail to Spark Oil Price Surge
The fluctuating prices in response…
Energy / Oil Prices
What Is Keeping Oil From Breaking $70?
The protests in Iran have helped push oil prices up to fresh multi-year highs this week, but a lot of questions remain about the durability of the oil price…
2018: The Year Of The Oil Bulls
Oil started this year with further price gains despite the quick restart of the Forties pipeline and the equally quick repairs of a pipeline in Libya, where a pipeline blast…
Oil Sees Strongest Start Of Year Since 2014
Brent crude and West Texas Intermediate started trading in 2018 above US$60 a barrel both for the first time since January 2014, before prices collapsed. WTI hit a high of…
The Biggest Oil Story Of 2017
There have been plenty of eye-catching stories in the energy industry this year, but one notable development has been the rise of the U.S. as a crude oil exporter. The…
Analysts See WTI Averaging $56 In 2018
Expectations of robust oil demand growth and high OPEC and allies’ commitment to the production cuts have prompted analysts to raise again their forecast for oil prices in 2018, and…
Libyan Pipeline Explosion Pushes Brent Prices Upward
After a quiet overnight session, the price of Brent Crude spiked following news of an explosion at a Libyan crude oil pipeline that feeds the Es Sider sea terminal -…
WTI In 2018
As much as I love Christmas and year end celebrations, this is not a great time of year for me for one reason. The expectation is that I will write…
Goldman: Oil Markets To Balance Sooner Than Expected
One of the biggest investment banks is one of the most bullish voices in predicting the state of the oil market next year. Goldman Sachs is more optimistic about the…
WTI In 2018
As much as I love Christmas and year end celebrations, this is not a great time of year for me for one reason. The expectation is that I will write…
What Will Drive The Next Oil Price Crash?
As we roll into 2018, analysts and investors are more optimistic that the oil market will further tighten next year and support higher oil prices, but rising U.S. shale production…
Hedge Funds Bullish On Oil For 2018
Money managers increased their net bullish bets on Brent Crude to a record high last week, while net longs on WTI were close to a nine-month high, in a…
OPEC vs IEA: Who’s Right On Oil Prices?
Last week, the International Energy Agency made a lot of OPEC brows furrow when it warned that 2018 may not be a very happy new year for the cartel.…
The 5 Oil Factors To Watch In 2018
Oil prices are set to close out the year somewhere around 15 percent up, and the oil market looks more stable than it has in years. But what does 2018…
Canadian Oil Prices Plunge To $30
Oil from Canada’s oil sands is now selling at a $27-per-barrel discount relative to WTI, the sharpest difference in more than four years. Western Canada Select (WCS), a benchmark for…
Why Is Canadian Oil So Cheap?
Western Canadian heavy crude’s price discount to WTI widened to the most in three years, at US$23 for the January contract and US$27 for the December contract, after Enbridge
Brent Spikes As This Major Pipeline Breaks Down
A crucial pipeline in the North Sea has been shut down due to a crack, causing Brent crude prices to spike on Monday afternoon. In fact, Ineos, the operator…
Oil Prices Rise On Solid Chinese Demand
Oil prices rose on Friday morning after Chinese data showed that China’s crude oil imports rose to the second-highest on record in November, and after U.S. total non-farm payroll employment…
Analysts Raise 2018 Oil Price Forecasts After OPEC Deal
The extension of the OPEC and allies’ production cut deal through the end of 2018 is sending a stronger signal that the oil market rebalancing could speed up and send…
OPEC’s Latest Agreement May Not Stabilize Oil Prices
The 14-strong Organisation of Petroleum Exporting Countries (OPEC), along with 10 oil states outside of the cartel, has reached an agreement to limit oil output until the end of 2018.…
Saudis Raise Crude Oil Prices To Asia
On the back of a stronger Dubai benchmark and solid demand in Asia, Saudi Arabia has raised the official selling prices (OSPs) of all its crude grades to Asia for…
