 |
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 • 21 mins | 2.775 | +0.016 | +0.59% |
|
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 • 6 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 6 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 6 hours | 86.77 | +0.76 | +0.88% | ||
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Central Alberta • 6 hours | 77.17 | +0.76 | +0.99% |
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Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
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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% |
Geopolitical Tensions Fail to Spark Oil Price Surge
The fluctuating prices in response…
Rising Middle East Risk Sparks Fear of $100 Oil
In case of further escalation,…
Energy / Oil Prices
Oil Prices Continue Plunging As Speculators Rush For The Exit
After having dipped 5 percent on Wednesday, oil prices continued plunging on Thursday by more than 2 percent, as speculators have started exiting the nearly record long positions in…
Goldman Sachs Sees ‘’Long-term’’ Oil Prices Below $60
Oil prices will settle in the $55-$60 range in the long term, according to Jeff Currie, the lead commodities researcher at Goldman Sachs, who spoke to Bloomberg this week regarding…
Oil Prices Rise On OPEC Compliance Data And Plunging Dollar
Crude prices are getting up off the canvas after being knocked down yesterday, helped up by a falling dollar ahead of lots of Fedspeak. Nonetheless, prices are holding in their…
Saudi Arabia Eyes $60 Oil
Saudi Arabia wants oil prices to rise to US$60 a barrel this year – a level that would motivate new investments but will not encourage U.S. shale boomers to up…
Oil Prices Crumble As OPEC Ups Output And Exports
Crude is easing lower on this last day of February, as other sources are endorsing what we said last week - that OPEC production and exports are on the…
Range Trading 101
Let’s face it; you don’t have to be a chart reading genius to know that WTI has been trading in a pretty tight range for the last couple of months.…
Combined Compliance For OPEC, Non-OPEC Hits 86%
The OPEC producers and the 11 non-OPEC nations that have joined the global production cut deal achieved a combined 86-percent compliance rate in January, OPEC said on Friday, hailing…
Why A Weaker Dollar Won’t Boost Oil Prices
The U.S. dollar, along with a variety of other factors, used to be an important component in deciding the direction of oil prices. This was true for the period between…
Oil To $70? Or Down To $30?
Will oil prices rise to $70 per barrel this year or fall to $30? Depends on who you ask. Oil price forecasts are always all over the map, but the…
Unsatisfied With Oil Prices, Iraq Calls For New OPEC Meeting
Iraq thinks that OPEC should hold a new meeting to discuss the cartel’s oil production cuts, given the fact that the current oil prices are still below expected levels, according…
Oil Prices Fall As Gasoline Glut Takes Its Toll
Crude prices are selling off today while gasoline holds up relatively better, as refiners playing 'pass the parcel' betwixt the two. As refiners make economic run cuts due to lower…
Oil Leaps Higher As OPEC Pushes For 100% Compliance
All OPEC producers that are part of the supply-cut deal are firmly determined to achieve a higher compliance rate than the 90-plus-percent compliance reported for January, OPEC’s Secretary General Mohammad…
Biggest Gasoline Glut In 27 Years Could Crash Oil Markets
Oil prices are stuck in a holding pattern, waiting for more definitive data on what comes next. OPEC compliance is helping keep prices afloat, but rising U.S. oil production is…
Total Going On The Offensive
Total SA (TOT) is ready to move to the next stage of expansion now that the oil price collapse is showing signs of being finally over. According to Patrick Pouyanne,…
Why Sub $50 Oil Is More Likely Than $70 Oil
It is more likely that oil prices will fall below $50 per barrel than that they will continue to rise toward $70. Prices have increased beyond supply and demand fundamentals…
Oil Prices Head Lower In Spite Of Bullish OPEC Data
Oil is charging lower to start the new week, as the monthly OPEC oil market report has done little to assuage oversupply concerns - despite the cartel's…
Is $60 Oil Within Reach?
The oil market is in a “wait-and-see mode” as OPEC implements its production cuts, with the record level of compliance boding well for tighter conditions, the IEA said in its…
The Oil Majors To Watch In A Trump Threatened Iran
This past Friday, President Trump issued new sanctions on Iran following their missile test on Sunday. The administration believes this to be a violation of an agreement to refrain from…
Is It Still A Good Time To Buy Oil Stocks?
When I was standing shoulder to shoulder with all those other oil day traders on the floor of the NYMEX, once in a while I’d get a very funny feeling.…
OPEC Deal Looks Shaky Despite ‘Good’ Compliance Rate
The oil markets were boosted overnight by the news from the International Energy Agency (IEA) that compliance to the schedule of cuts agreed by OPEC to start on January 1st…
