 |
Louisiana Light • 2 days | 117.9 | +5.06 | +4.48% | ||
|
Bonny Light • 2 days | 121.0 | +3.10 | +2.63% | ||
|
Opec Basket • 2 days | 116.5 | +1.54 | +1.34% | ||
|
Mars US • 1 hour | 110.4 | +0.88 | +0.80% | ||
|
Gasoline • 2 hours | 4.016 | +0.138 | +3.57% |
|
Bonny Light • 2 days | 121.0 | +3.10 | +2.63% | ||
|
Girassol • 2 days | 116.6 | +3.09 | +2.72% | ||
|
Opec Basket • 2 days | 116.5 | +1.54 | +1.34% |
|
Peace Sour • 17 hours | 109.5 | +3.76 | +3.55% | ||
|
Light Sour Blend • 17 hours | 111.6 | +3.76 | +3.49% | ||
|
Syncrude Sweet Premium • 17 hours | 115.2 | +3.76 | +3.37% | ||
|
Central Alberta • 17 hours | 109.8 | +3.76 | +3.54% |
|
Eagle Ford • 18 hours | 113.0 | +0.98 | +0.88% | ||
|
Oklahoma Sweet • 18 hours | 111.5 | +1.00 | +0.90% | ||
|
Kansas Common • 2 days | 104.3 | +3.75 | +3.73% | ||
|
Buena Vista • 2 days | 119.8 | +3.96 | +3.42% |
Was Donald Trump Right About The U.S. Dollar?
The U.S. dollar has been…
New ESG Wave Hits Wall With Disinterested Investors
Some funds have become obsessed…
Finance / the Economy
Was Donald Trump Right About The U.S. Dollar?
In a stark departure from tradition whereby American presidents refrained from talking about the value of the American dollar in order to avoid shaking up…
COVID-19 Has Upended The Global Labor Market
From lockdowns to remote work and widespread job losses, the Covid-19 pandemic has dramatically changed the way people work. These interruptions are likely to have a significant impact…
The Resource Behind The New Housing Price Explosion Is Crashing
Lumber prices have skyrocketed in the past 12 months, causing the average price of both new and existing single-family homes to increase. Until now. That bubble appears to…
Used Car And Truck Prices Are Fueling A Dramatic Rise In Inflation
Wall Street stocks and most financial markets have simply shrugged off news that inflation levels have accelerated to the fastest pace in more than decade. On Thursday morning,
How COVID-19 Is Transforming The Auto Industry
Automotive players in Turkey expect up to 8m used car sales in 2020 as a pre-pandemic shortage of new vehicles is exacerbated by supply chain disruptions attributed to the virus.…
Trade War Weighs On Western Automakers In China
Automotive executives running carmaking joint ventures in China must be asking themselves regarding the current performance situation: is it a downturn in the lower end of the car market or…
Global Economy Throwing Up Red Flags For Oil
Investors are feeling the most pessimistic about the health of the global economy in a decade, according to a survey from Bank of America Merrill Lynch. The gloom is spreading,…
Higher Oil Prices Could Jeopardize India’s Economy
While oil exporting nations are benefiting from higher oil prices, oil importers face growing crude import bills that affect government finances. India—the world’s third-largest oil importer—is one of the biggest…
Russia May Feel Pinch From Oil Cut Deal This Year
Russia’s economy may come to feel a negative impact from the OPEC-led oil production cut deal, the central bank warned, adding that it expected GDP growth during the first…
The Blockchain Revolution Is Heading To Space
There is a new wave of coders and hackers looking to upend the entire internet, signaling the start of a brand new space race. No, this isn’t an episode of…
Norway’s $1.1 Trillion Wealth Fund Looks For Riskier Investments
Just over a year ago we noted that, after being forced to withdraw at least $15 billion to fund 2017 budget deficits, the $860 billion Norwegian sovereign wealth fund announced that…
Another Oil Exporter Unpegs From The U.S. Dollar
In an effort to shore up dwindling reserves, Angola has decided to unpeg its currency, the kwanza, from the U.S. dollar - a peg which has been in place
Santa Is Putting Christmas On The Blockchain And Saving Billions
So, you think that you know all there is to know about Christmas? Maybe you string enough lights on your roof to give Clark Griswald a run for his money.…
Goldman: Automated Trucks To Cost 300k Jobs Per Year
While Google’s Waymo company has taken center stage for bringing self-driving cars to roads, autonomous trucking may make it to the mainstream first. Silicon Valley startups, technologists, and venture capitalists…
Did Venezuela Just Default?
S&P Global Ratings declared Venezuela in default just as the country’s Vice President Tareck El Aissami met with creditors to discuss the restructuring of its debt. According to
Could Low Oil Prices Cause A Global Recession?
The global economy is slipping into recession. The evidence is showing up in all the usual ways: slowing output growth, slumping purchasing-manager indexes, widening credit spreads, declining corporate earnings, falling…
The Clock Is Ticking On The U.S. Dollar As World’s Reserve Currency
The View From Hubbert’s PeakIn 1971, the American President put an end to a 2,500 year trend; the Wall Street Journal called it “Nixon’s Worst Weekend.” Considering the…
More To Ruble’s Collapse Than Meets The Eye
The ruble is dying, and fast. In what is now being dubbed ‘Black Monday’ the ruble’s value to the dollar dropped nearly 15 percent. Tuesday brought no respite and the…
How Diminishing Returns and EROI can Lead to Economic Collapse
What do diminishing returns, energy return on energy invested (EROI or EROEI), and collapse have to do with each other? Let me start by explaining the connection between Diminishing…
Low Gasoline Prices Bring US Inflation Down to Four Year Low
A big drop in gasoline prices brought the US inflation rate for October, as measured by year-on-year change in the consumer price index, to just 0.95 percent, its lowest level…
