 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 81.76 | +2.02 | +2.53% | ||
|
Gasoline • 10 mins | 2.726 | +0.000 | +0.01% |
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 1 day | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 10 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 10 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 10 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 10 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
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Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 1 day | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 2 days | 87.02 | -0.29 | -0.33% |
Central Banks Grapple With Inflation Threat Amid Oil Price Rally
Central Banks are reluctant to…
China Tightens Hold on Iraq's Oil with Al-Faw Refinery Nearing Completion
China is finishing the Al-Faw…
Growing Coal Dependency Puts Central Asian Economies at Risk
A report by Global Energy…
Energy
Does The U.S. Really Need Saudi Oil?
“Saudi Arabia — if we broke with them, I think your oil prices would go through the roof. I’ve kept them down,” President Trump told reporters on Tuesday. “They’ve helped…
Trump’s Impossible Decision Over Saudi Arabia
The chips are finally starting to fall in place for Saudi Arabia over the killing of dissident Saudi journalist Jamal Khashoggi last month. Early Thursday, Denmark announced that it…
A Gamechanger In European Gas Markets
The Southern Gas Corridor on which the European Union is pinning most of its hopes for natural gas supply diversification away from Russia is coming along nicely and will not…
Can Oil Solve Washington’s Syria Dilemma?
In the past seven years Syrian cities have been reduced to rubble, thousands have lost their lives, but the main objective of the U.S. and its allies to remove Bashar…
What Explains The Sudden Plunge In Iranian Oil Exports?
Iran’s tracked oil exports in November plummeted by several hundred thousand barrels per day compared to October, as many Iranian customers hadn’t nominated barrels amid uncertainty whether they would get…
High Volatility In Oil & Gas Continues
Thanksgiving week usually features low-volume, low-volatility moves in the energy complex, but so far in this holiday-shortened week, we have seen none of that with crude prices being influenced by…
JP Morgan Cuts Its Oil Price Outlook For 2019
JP Morgan has revising its outlook on Brent crude to US$73 per barrel on average, CNBC reports. The bank’s earlier forecast was for an average Brent crude price of…
Economic Turmoil Could Send Oil Even Lower
Global financial markets are once again throwing up some warning signs, as the selloff in equities entirely erased the gains made in U.S. stock markets for 2018. The economic and…
The Wildcard In OPEC's Next Deal
When last week news broke that Libya’s UN-recognized government and the eastern rival government might just be willing to settle their differences and hold elections early next year, its…
U.S. Sanction Waivers Boost China’s Demand For Iranian Oil
Iran’s largest oil customer China is set to continue importing robust volumes of Iranian crude at least through the end of this year thanks to the U.S. waivers to eight…
Could Trump And Xi Kill Bearish Sentiment In Oil?
On November 30th two rather powerful men are set to have a meeting in Argentina and they may very well decide the short-term fate of global oil prices. Markets have…
Global Intelligence Report - 21st November 2018
Sources - Middle East analyst based in Dubai, with access to Saudi royal advisors and business elite- Libyan investigative journalist in Tripoli- Turkish investigative journalist in Istanbul-…
Iraq: The Remaining Lifeline For Iran
Having looked thoroughly into the implications of the latest U.S. Iran sanctions throughout the past few weeks, it is reasonable to ask who stands to benefit from such a set-up.…
The Biofuel Directive Giving EU Oil Demand A Boost
ILUC is a little-known acronym that strikes fear into the heart of biofuels producers. It stands for Indirect Land Use Change and describes a change in land use, for example…
Volatility Rules As Oil Markets Wait On OPEC
December 6 might become the next key milestone in OPEC’s drive to keep oil prices within a more or less universally acceptable range. Until then, we are going to see…
Trump Thanks Saudis For Lower Oil Prices, Wants Even Cheaper Crude
It didn’t take long for U.S. President Donald Trump to comment on oil prices, just ten days after he expressed hope that OPEC wouldn’t cut oil production. On Wednesday morning,…
South Korea Dominates Global LNG Shipping Market
South Korea is continuing to hold its dominant position in tanker delivery of liquefied natural gas (LNG) by winning major shipping orders over the next three years valued at…
Rig Count Falls Amid Recovering Oil Prices
Baker Hughes reported a 3-rig decrease for oil and gas in the United States this week. The total number of active oil and gas drilling rigs now stands at 1,079…
Oil Prices Inch Lower On Crude Inventory Build
A day after the American Petroleum Institute’s weekly inventory estimate slowed down the price decline in West Texas Intermediate, the Energy Information Administration dampened optimism by reporting a…
Goldman Expects Extreme Volatility In Oil Markets This Month
Goldman Sachs expects the heightened oil price volatility that began last week to continue into the next few weeks, the investment bank said in a note to clients…
