 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
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Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
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Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
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Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
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Gasoline • 16 mins | 2.748 | +0.014 | +0.50% |
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Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
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Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
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Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
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Peace Sour • 5 hours | 76.01 | -0.55 | -0.72% | ||
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Light Sour Blend • 5 hours | 79.06 | -0.55 | -0.69% | ||
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Syncrude Sweet Premium • 5 hours | 86.01 | -0.55 | -0.64% | ||
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Central Alberta • 5 hours | 76.41 | -0.55 | -0.71% |
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Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
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Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
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Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Breaking News:
Rising Middle East Risk Sparks Fear of $100 Oil
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Higher oil prices are expected…
Energy / Oil Prices
How Big An Impact Will A Rate Hike Have On Oil Prices?
Oil prices could be facing a significant jolt after Federal Chair Janet Yellen, in her annual speech at the Jackson Hole economic symposium in Wyoming, said that the…
What Drove The 2016 Oil Price Rise?
The price of crude oil has had some sharp swings over the last month. But the trend since January has clearly been up.
Most Oil Industry Experts See Oil Below $60 Through 2017
Most top experts from the oil industry do not expect oil prices to trade beyond $60 per barrel in the next 12 months. According to a Bloomberg survey…
Gartman: ‘’Crude Not Going Above $55 For Years’’
In mid-January, everyone's favorite market indicator Dennis Gartman, made an infamous prediction when oil was trading in the mid-$30s, when he said that oil won't hit $44 again…
An OPEC Production Freeze Could See Oil Prices Rise To $60
Russian President Vladimir Putin is keen to reach an agreement with OPEC to freeze oil production in hopes of prices regaining strength. With the U.S. shale boom supplying…
Saudi Arabia And Russia Agree To Cooperate On Oil Prices
Saudi Arabia and Russia said on Monday that they would cooperate to stabilize oil prices, a potential sign that the production freeze talks set to take place…
Forego The Temptation Of Betting On Crude This Week
I don’t wish to boast (who am I kidding, of course I do), but in these pages I suggested that oil would move up around three weeks ago…
Russia Backs OPEC Deal With Wild Card for Iran’s Output
The latest chapter in the oil production freeze chatter saw Russia and Saudi Arabia issuing remarks about a possible deal, but while the Saudi foreign minister said that…
Ignoring Fundamentals: Speculation Has Been Driving Oil Prices
2016 has been a roller coaster year for the oil traders. Markets had a near 100 percent rise from February lows, followed by a drop of more than…
Russia Sees Oil At US$50 Till Late 2017
The Russian Economy Ministry said in a statement it expected crude oil prices to remain stable at their current range of US$45-50 over the next two years, with…
Forget The Pullbacks – Oil To See Strong Rebound In 2017
August 11, 2016 may be the point in this oil price cycle that will mark the start of a sustained increase in crude oil prices. That’s the date…
OPEC Just Triggered The Biggest Crude Oil Short Squeeze In History
Ever since the February crash, when oil tumbled to 13 years lows, and when OPEC started releasing tactical headlines at key inflection points about an imminent oil production…
$50 Crude Won’t Fuel Big Oil’s Comeback
Bulls grinned on Thursday last week when Brent Crude rallied past the US$50 price mark for the first time in six weeks. The biggest oil companies may have…
Why Investors Shouldn’t Believe The OPEC Rumors
We’ve entered the twilight zone in oil, where rumors and financial moves in outer markets are affecting oil and the stocks we’ve accumulated, making trading these markets not…
Can Oil Prices Continue To Rally Like This?
• After 3-4 weeks of waiting for oil to drop convincingly below $40 for a buying opportunity we seem to have missed the boat on this rally. We…
Merrill Lynch Expects A 46% Jump In Oil Prices By June 2017
Oil has finally found a strong bull in Savita Subramanian, commodity strategist at BofA Merrill Lynch, who believes oil will rally to $54 a barrel by this year-end…
Morgan Stanley: ‘’The Oil Rally Might End On Wednesday’’
Following his bearish note last week, Morgan Stanley's oil analyst Adam Longson is out with a new report, in which he accurately explains that the recent oil-price…
Oversold Markets Corrected After Saudi Comments
Crude oil futures followed through to the upside this week, confirming the previous week’s potentially bullish closing price reversal bottom. From the fundamental side, the catalyst behind the…
Oil Flies To 3-Week High Sees Biggest Surge In Open Interest In 10 Years
WTI is now up 14% from its lows last week, with Sept 2016 trading back above $44.50 at 3-week highs. Oil's rapid OPEC-headline-driven recovery continues...
Oil Up 4% On Saudi Rhetoric
Actions speak louder than words. Nope, strike that and reverse it. Rhetoric from Saudi’s oil minister today is emphatically rallying crude prices, as Khalid al-Falih said Saudi would…
