WTI Crude

Loading...

Brent Crude

Loading...

Natural Gas

Loading...

Gasoline

Loading...

Heating Oil

Loading...

Rotate device for more commodity prices

Middle-East Tensions Soar After Critical Phone Call

Middle-East Tensions Soar After Critical Phone Call

The latest bilateral contact between…

The Boring Truth About Oil Prices

The Boring Truth About Oil Prices

Oil markets look likely to…

Energy / Oil Prices

Alt Text

Goldman Sachs Vies For Role In Aramco IPO

Aug 03, 2017 at 13:46 | Tsvetana Paraskova

Goldman Sachs has bought in the secondary market part of Saudi Aramco’s US$10-billion revolving credit facility as the U.S. investment bank vies for a role in what would be the…

Alt Text

OPEC Cuts: A Curse For U.S. Refiners, A Blessing For Canadian Oil Sands

Aug 03, 2017 at 13:04 | Tsvetana Paraskova

The lowered exports of OPEC heavy crude grades to North America are tightening the price spread between WTI and Western Canadian Select (WCS), cutting into the refining margins of U.S.…

Alt Text

Venezuela’s ‘’Election’’ Creates Opportunity For Oil Investors

Aug 03, 2017 at 11:24 | Kent Moors

On Sunday, an “election” occurred in beleaguered Venezuela, a member of OPEC and owner of the largest oil reserves in the world. The result of this election was hardly in…

Alt Text

The Secret Behind Better Oil Major Earnings

Aug 02, 2017 at 16:11 | Gregory Brew

After several years of austerity and belt-tightening, the major international oil companies posted substantial profits in Q2 of 2017. The five largest private oil companies together generated more than…

Alt Text

As Oil Prices Rise, Are Oil Bulls Too Optimistic?

Aug 02, 2017 at 16:05 | Irina Slav

Optimism, at first tentative and in the last week more pronounced, has been taking over oil markets. Short positions on WTI were at a three-month low as of Monday,

Alt Text

Have Oil Majors Really Adapted To $50 Oil?

Aug 01, 2017 at 16:54 | Nick Cunningham

The oil majors, by and large, have posted dramatically better financial figures for the second quarter, a sign that their cost reduction efforts are bearing fruit. They are no longer…

Alt Text

Bulls Crushed As Oil Crashes Again

Aug 01, 2017 at 12:36 | Tom Kool

Oil markets received a heavy blow on Tuesday morning as oil crashed by 3 percent due to a surge in OPEC's July output. (Click…

Alt Text

Oil Prices Slip As OPEC Oil Exports Creep Higher

Aug 01, 2017 at 11:20 | Irina Slav

OPEC’s crude oil exports reached 26.68 million bpd last month, energy data provider Kpler said, on the back of higher shipments from Libya, Nigeria, and the UAE. The figure was…

Alt Text

This Oil Price Rally Has Reached Its Limit

Jul 31, 2017 at 17:02 | Nick Cunningham

Last week, crude oil rallied the most so far this year, gaining more than 8 percent, or $4 per barrel. Oil traders are much more optimistic than they were just…

Alt Text

Sanctions On Venezuela Could Push Oil Into The Mid-$50s

Jul 31, 2017 at 14:47 | Gregory Brew

In response to Venezuela’s controversial vote on Sunday, a move which could dramatically increase the power of President Nicolas Maduro and grant his government the ability to re-write the constitution,…

Oilprice - The No. 1 Source for Oil & Energy News