WTI Crude

Loading...

Brent Crude

Loading...

Natural Gas

Loading...

Gasoline

Loading...

Heating Oil

Loading...

Rotate device for more commodity prices

An OPEC Deal Extension Isn’t As Simple As It Sounds

An OPEC Deal Extension Isn’t As Simple As It Sounds

The OPEC production cut agreement…

Stop Counting On Oil Contangos

Stop Counting On Oil Contangos

Crude curves have historically been…

Energy

Alt Text

Busting A Myth: U.S. Dollar Impact On WTI

Mar 22, 2017 at 15:56 | Brian Noble

How many times have you seen this: “Because the U.S. dollar is the quoted currency in oil, a stronger dollar buys more oil per dollar and causes the price…

Alt Text

Vital Oil Shipping Lane Becomes Target In Yemen’s Civil War

Mar 22, 2017 at 15:56 | Zainab Calcuttawala

Yemen’s strategic Red Sea port, through which some 4 million barrels of oil flow daily to Middle Eastern markets, is becoming a focal point in the proxy war between Saudi…

Alt Text

Saudis Bet Big On Houston As Drilling Activity Picks Up

Mar 22, 2017 at 15:52 | Tsvetana Paraskova

A Saudi logistics company has just opened a Houston office to seize the opportunity to ship increased volumes of oilfield and plant construction equipment to the Port of Houston as…

Alt Text

Are Banks About To Derail The New U.S. Shale Boom?

Mar 22, 2017 at 14:36 | Irina Slav

Just when international oil benchmarks are sliding down, banks are preparing to review the credit lines of U.S. E&Ps. Starting in April, lenders will reassess companies’ creditworthiness on the…

Alt Text

Oil Prices Continue To Face Pressure From Brimming Inventories

Mar 22, 2017 at 13:59 | Matt Smith

Crude is heading lower today after a solid build to crude inventories from the weekly EIA inventory report. As U.S. inventories climb to a new record high, crude is having…

Alt Text

Goldman Sachs: OPEC’s Influence On Oil Prices Is Dwindling

Mar 22, 2017 at 11:52 | Irina Slav

In a research note, Goldman Sachs has effectively demoted OPEC from a price setter to a mere inventory manager, with the cartel’s long-term control over international oil prices diminishing…

Alt Text

How OPEC Shot Itself In The Foot

Mar 22, 2017 at 11:38 | ZeroHedge

At the start of March, we showed a fascinating chart from Rystad Energy, demonstrating how dramatic the impact of technological efficiency on collapsing U.S. shale production costs has been:…

Alt Text

Crude Inventory Build Sends Oil Prices Into A Nosedive

Mar 22, 2017 at 10:01 | Irina Slav

Amid growing worry about the direction that oil prices are heading into, the Energy Information Administration reported a 5-million-barrel build in U.S. commercial oil inventories for last week, bringing…

Alt Text

An OPEC Deal Extension Isn’t As Simple As It Sounds

Mar 21, 2017 at 15:55 | Tsvetana Paraskova

It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by…

Alt Text

Can Big Oil Survive A CO2 Crackdown?

Mar 21, 2017 at 15:54 | Nick Cunningham

Over the long run, the oil business is under threat. There are various arguments about why that might happen. Peak supply people argue we are running out of oil. Peak…

Oilprice - The No. 1 Source for Oil & Energy News