 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 22 hours | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.737 | +0.003 | +0.11% |
|
Bonny Light • 22 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 22 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 21 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 21 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 21 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 21 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Geopolitical Tensions Fail to Spark Oil Price Surge
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Rising Middle East Risk Sparks Fear of $100 Oil
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Energy / Oil Prices
Why An Oil Price Crash Remains Unlikely
There has been a lot of optimism returning to the energy markets of late as oil prices have climbed to the $50 a barrel region. Ironically, while a…
Oil Traders Sell Off As Dollar Firms
Stocks in the United Kingdom continued a week long losing trend on Friday, driven in part by a stronger U.S. dollar that impacted share prices in the…
Oil Prices Double From February Lows
Between Doha hopes (and nopes), Nigerian supply 'disruptions' which apparently cannot be stopped (conveniently for many oil producers, equity bulls, and central bank inflation watchers), and non-transitory Chinese…
India Putting Floor Beneath Oil Prices As Demand Continues To Soar
If oil prices are to continue their strong rally, they will have India to thank. India has emerged as the “star performer” of the oil markets, the IEA…
Saudi Arabia Raises Oil Prices to Asia But Cuts Prices to Europe
In a sign that demand continues to rise and oil markets are moving closer to balance, Saudi Arabia increased its prices for crude heading to Asia and the…
Why Oil Failed To Rally Further
Oil prices have been on a tear for the last month or so. A combination of a retreat by the dollar from its highs, increasing signs that low…
Why $50 Oil Makes Sense
Crude oil’s fundamentals don’t support further gains from here. Oil markets are currently near an equilibrium, and the situation is likely to continue, unless the supply outages are…
Is OPEC About To Surprise The Oil Markets?
A day before the OPEC summit kicks off, top officials from the oil cartel say that the markets are moving in the right direction, a sign of confidence that suggests…
What’s Really Behind This Oil Price Rally
The rally in oil prices over the past three months has been impressive, building confidence among market analysts that prices are heading in the right direction. But…
Why We Need $120 Oil
$50 per barrel oil is clearly less impossible to live with than $30 per barrel oil, because most businesses cannot make a profit with $30 per barrel oil.…
Gas Prices To Remain Low This Summer
It’s easy for U.S. drivers to forget the high gas prices in recent years after the ultra-lows seen only months ago, but prices going into the summer months…
Oil Speculators No Longer Confident In Price Crash
If the whims of oil speculators are anything to go by, then another oil price downturn looks increasingly unlikely. Oil prices have gained more than 80 percent over…
Oil Heading for $60
The UAE’s economy minister sees oil jumping to $60 per barrel in the next few months. "It’s possible for oil prices to reach $60 or more during this…
Rising Oil Prices May Hit Asian Consumers
For growing Asian economies, the oil price drop that started in mid-2014 was very welcome. It allowed them to cut petrol subsidies that were taking their toll on…
Why $50 Oil Is Here To Stay
Now that oil prices have rebounded to $50 per barrel, will U.S. shale drillers turn the taps back on? That is the million dollar question that the oil…
The Consequences Of $50 Oil
On Thursday Brent crude rose above $50 while the WTI rose to $49.85. The rise in prices came after the EIA reported a dramatic fall in…
Oil Hits $50, But Can It Maintain Its Gains?
For the first time in over six months oil prices rose to $50 per barrel. Brent crude moved up to $50.19 during morning trading on May 26, the…
OPEC Head Calls for $65 Oil
A minimum price of $65 a barrel for oil is “badly needed at the moment” according to Qatari energy minister Mohammed bin Saleh al-Sada. On Tuesday, the Qatari…
The Wildest Predictions For Oil Prices In 2016
One reality in the markets is that despite the best efforts of analysts and traders, no one ever knows with any degree of certainty what will happen to…
What Does The Next OPEC Meeting Have In Store?
The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran The 2 June…
