 |
Louisiana Light • 1 day | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 81.76 | +2.02 | +2.53% | ||
|
Gasoline • 10 mins | 2.694 | -0.019 | -0.71% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 20 mins | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 20 mins | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 20 mins | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 20 mins | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 1 day | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Rising Middle East Risk Sparks Fear of $100 Oil
In case of further escalation,…
Traders Became More Bullish on Oil As Middle East Risk Surged
The crude oil net long…
Energy / Oil Prices
U.S. Accelerates Three-Tier Plan To Reduce Oil Prices
The immediate aftermath of the 1973/74 oil embargo in which Saudi Arabia led its OPEC brothers to block oil exports to the U.S.,…
Biden Just Put A Floor Under Oil. Will It Work?
The Biden administration is ready to sell additional volumes of crude oil from the strategic petroleum reserve after the end of the 180-million-barrel release plan and then it…
Oil Prices Crumble As Core U.S. Inflation Hits 40-Yr High
Oil prices fell on Thursday morning following new CPI data that showed core inflation in the United States had risen to the highest level in four decades.
Oil Prices Slide As OPEC+ Bump Wears Off
Oil prices slipped further on Tuesday as the market reassessed the OPEC+ production quota cut, and the IMF warned about the increased risk of a global recession.
The Radical Plans To Counter High Oil Prices
The latest OPEC+ output cuts for November mean it’s back to the drawing board for the White House and a re-emergence of discussions about the viability of “NOPEC”,…
Oil Prices Jump As OPEC+ Considers 2 Million Bpd Production Cut
OPEC+ may be considering an even larger cut than previously reported—at up to 2 million bpd, anonymous delegates told media on Tuesday. As OPEC+ prepares to meet this Wednesday to…
Major Commodity Trader Sees Looming Oil Price Spikes
While traders and investors in the paper oil market are focused on looming recessions and interest rate hikes, those on the ground – executives at oil producers and…
U.S. LNG Can Only Solve A Part Of Europe’s Gas Problem
Liquefied natural gas from the United States has turned into a lifebelt for struggling Europe as Russia cut supplies via one of the biggest gas conduits into the…
Oil Prices Could Be Set For Another Sharp Rise
It's been a rough couple of weeks in the energy market. As potential energy company investors, we are not sorry to see the back of last week in…
Oil Prices Are About To Reverse Course
“That would be the road to hell for America,” JP Morgan’s CEO Jamie Dimon said last week, referring to a suggestion that all big banks divest from the oil…
Fears Of Economic Slowdown Cap Crude Prices
Oil prices have declined by around $30 a barrel since the recent peak in early June before the Fed and other central banks started aggressive interest rate hikes…
The Oil Market Isn’t Broken, It’s Just Responding To A Supply Surplus
As oil prices continue to plunge, with the latest selloff triggered by a surprise crude build and another release from the Strategic Petroleum Reserve, commodity analysts at Standard…
Oil Gains 2% As Iran Deal Fades, Market Eyes Tight Supply
Oil prices pared some losses on Monday, with Brent gaining nearly 2% as a nuclear deal with Iran seemed to fade further away and markets refocused on Europe’s…
Oil Traders Spooked By COVID Lockdowns In China
U.S. West Texas Intermediate crude oil futures are trading lower for the week while testing the key technical area that has held as support for two months. The catalysts behind…
Oil Prices Fall More Than 3% As G7 Discusses Price Cap For Russian Crude
Oil is down over 3.2% on Thursday, while a pending G7 deal to cap Russian oil prices being discussed Friday could reverse that…
Oil Falls 5% On Growing Inflation Fears
Crude prices fell more than 5% on Tuesday afternoon as a result of inflation fears and concerns about demand returned.
How Will Iran’s Return To Oil Markets Impact Prices?
The United States and Iran are in the final stages of agreeing on a new nuclear deal that could see the return of Iranian crude on international markets,…
Oil Prices Slip After Powell Warns Of Higher-For-Longer Interest Rates
Crude oil prices began to slip on Friday after Federal Reserve Chair Jerome Powell spoke for a mere 8 minutes, warning that there would be pain ahead. “While higher interest…
Middle East Producers Cautious With Price Hikes Amid Recession Fears
The life of Middle Eastern national oil companies was just too good to continue as previously, raking in unbridled profits amidst triple-digit oil prices. September 2022 is unlikely to change…
Oil Prices Flat As OPEC Reveals Export Increase
Crude oil exports by OPEC members have gone up by more than 200,000 bpd so far in August, PetroLogistics data has shown, as cited
