 |
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 • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.767 | +0.009 | +0.32% |
|
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 • 3 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 3 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 3 hours | 86.77 | +0.76 | +0.88% | ||
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Central Alberta • 3 hours | 77.17 | +0.76 | +0.99% |
|
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% |
Breaking News:
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Energy / Oil Prices
Oil Prices Set For Biggest Weekly Decline Since January
Having scored the largest weekly drop in six weeks last week, oil prices have continued to crash this week too, and are heading to their largest weekly loss…
OPEC Remains Positive On Output Cut As Oil Crashes To $44
With markets rattled and oil prices tanking after being bombarded on a variety of fronts, OPEC has attempted to bring some calm to the market regarding its optimism that it…
Saudi Aramco’s Chief Sees Oil Rebounding In H1 2017
Crude oil prices will rise in the first half of next year as the commodity’s fundamentals return to balance, Aramco’s chief executive, Amin Nasser, said. Without providing details about…
Oil To Crash Back To $40 If OPEC Fails
OPEC’s increasingly probable failure to reach a production freeze deal will see international oil prices plummet back to US$40 a barrel, according to Goldman Sachs analysts. In a note…
Can Oil Markets Survive An OPEC Implosion?
A technical meeting that was supposed to iron out some wrinkles for a deal to cut oil production ended in acrimony over the weekend, and OPEC’s effort at coordination…
Have Oil Prices Hit The Bottom?
Oil Price Shocks: Mine Yucel Addresses Denver Energy Group “It’s probably going to be a rough patch for the industry and the producing states for a while—till oil prices firm…
Confident Saudis To Lift Oil Prices To Asia For December
Saudi Arabia will likely raise the official selling price (OSP) differentials for Asia for December, to reflect an October premium in the spread between two Dubai benchmarks that it is…
Experts Remain Bearish On Brent – See $45 Oil Throughout 2016
Economists and analysts have kept their average Brent price outlook for 2016 almost unchanged at US$44.78 per barrel, as growing hurdles to a global deal on production limits put downside…
Full Scale Oil Price Recovery Unlikely As 5000 DUC’s May Come Online
A backlog of oil wells that have been sitting idle could put renewed pressure on oil prices once the oil starts flowing. Oil prices dipped just below $50 per barrel…
World Bank Ups Its 2017 Oil Price Forecast To $55
The World Bank has just upped its oil price forecast for 2017, saying it now expects average prices to be US$55 a barrel over the next year. That’s US$2…
Could An Intense Winter Fuel The Oil Price Rally?
We are now approaching a time of year, where people across many parts of the world are preparing for the winter season. Oil consumers and providers will be watching weather…
Russia Sends Mix Signals To Oil Markets After Saudi Meeting
Russia is still not sure whether it will freeze or cut its crude oil output, said Energy Minister Alexander Novak after his weekend meeting with his Saudi counterpart Khalid…
5 Negative Factors For Oil Prices
It has been a rough 2 years for forecasters of crude oil prices. Essentially no one saw the 2014 crash coming, and everyone looked on in surprise as a barrel…
Crude At A Crossroads: Is A Reversal Top In The Making?
Since late September, the U.S. Dollar and crude oil have been rallying simultaneously with traders seemingly ignoring the typical relationship between the two assets. Since crude oil is a dollar-denominated…
Oil Prices Cool Down Amid Tanking U.S. Crude Imports
As yesterday's exceedingly mixed weekly EIA report is digested, oil prices are unwinding a good deal of yesterday's knee-jerk rally. As dollar strength further encourages crude lower, hark, here are…
Why Oil Could Head Back To $90 Sooner Than Thought
I don’t know much about fashion, but I have heard that blue is the new black. And I know that by the time I buy blue, everyone else will be…
Oil Bulls Return To The Market Despite Bearish Fundamentals
Oil speculators and a few major investment banks have suddenly turned bullish on crude prices, betting that the rally above $50 per barrel has more room to run. "Global oil…
Why Algeria Will Be A Key Part Of Any OPEC Deal
At the 23rd World Energy Congress in Istanbul last week, talks regarding the OPEC crude oil production freeze took a surprising turn. Energy Minister Noureddine Boutarfa from Algeria has…
Russia Says Six-Month Oil Output Freeze Most Efficient
Freezing global crude oil production for six months with an option for an extension would be the most appropriate and efficient way to rebalance the market, Russia’s Energy Minister Alexander…
Near Term Oil Prices Can’t Go Much Higher
Looking back at the last couple of weeks’ price action in WTI one thing stands out. OPEC or no OPEC, the benchmark U.S. oil futures contract attracts plenty of sellers…
