 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.752 | +0.018 | +0.65% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 6 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 6 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 6 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 6 hours | 76.41 | -0.55 | -0.71% |
|
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% |
Breaking News:
The Global Economic System is Reaching Its Limits
The world's economic myths, especially…
Central Asian Economies in Limbo As China Fails To Find Its Feet
The World Bank forecasts slower…
Finance / the Markets
Auto Giants Slash Production As Chip Shortage Worsens
Hopes and positive expectations for larger vehicle inventories and lower prices for this summer are now dimming as a prolonged semiconductor chip shortage has caused several major car…
Semiconductor Shortage Puts World’s Largest Automaker At Risk
A semiconductor supply crunch is forcing world-leading car manufacturers Volkswagen and Toyota to slash vehicle production. Toyota, the world’s largest carmaker, announced it will cut production…
How Tesla Is Overcoming The Global Chip Shortage
A global chip shortage is continuing to wreak havoc up and down supply chains in a diverse array of industries across the world. As unprecedented amounts of work,…
Bitcoin Surges To All-Time Highs On Tesla’s $1.5 Billion Investment
Elon Musk has been on a crypto tear over the past two weeks. It began with a number of posts promoting a fun meme-based cryptocurrency called Dogecoin which…
Why Tesla Wasn't Included In The S&P 500
The S&P 500 is an exclusive club of the 500 biggest companies by market cap on the NYSE or Nasdaq, and the inclusion Friday of three new companies…
Will U.S. Elections Impact The Gold Rally?
Over the past few months, we have focused – for obvious reasons – on the pandemic and the following economic…
Will This Be The Slowest Year Ever For Oil & Gas Mergers?
When the energy sector faces a severe existential threat as it currently is after the epic oil price collapse, the usual playbook is to resort to tie-ups in…
Wall Street’s Big Coronavirus Mistake
Investment professionals on Wall Street spend their days reading financial reports and looking at numbers flash on screens. These numbers record the moment-to-moment changes in the collective wisdom of markets…
Energy Stocks Battered As Market Meltdown Continues
The increasingly desperate situation in oil markets has forced down big names in energy to 16-year lows as crude prices tumble into the lower $30 per barrel range…
The Billion Dollar Bet On An Oil Price Crash
Mexico's oil hedgers, one of the world's most-active sovereign oil-trading desk, has spent nearly $1 billion on options contracts to protect the government's revenues from oil sales…
Hated Energy Stocks May Be About To Rebound
Despite the fact that oil prices have recovered from the 2016 lows they hit in the worst downturn in a generation, energy stocks have seen little reprieve over the past…
What Beijing’s Retaliation Means For Oil
Heightened trade tensions between the U.S. and China over the last few days, that seemed to catch many media outlets and pundits off-guard, were actually always lurking just beneath the…
Should Chevron Walk Away From The Anadarko Deal?
Chevron is arguably the best of the integrated super-major oil companies. For the past 20 years, Chevron has delivered superior returns to shareholders, outperforming the S&P 500 for most of…
Chevron To Buy Anadarko In $33B Deal
Chevron Corporation said on Friday that it had entered into a definitive agreement to buy Anadarko Petroleum Corporation in a stock and cash transaction valued at US$33 billion that…
European Markets Defy The Biggest Oil Rally In A Decade
Yesterday’s headlines suggested that European markets were taking a beating from rising oil prices--but this was a blip on the radar tracking some of the toughest resilience to a combination…
Car Companies Close Stores As The “Amazon Effect” Takes Hold
Tesla, Inc., won’t be closing all its retail stores, but the game will continue to change for the electric automaker and its competitors. While Tesla is backing off its plan…
Crude Fell 23% In October, Will Stocks Follow?
The near WTI futures price is down 23 percent since peaking on October 3rd as traders front ran the Iranian oil sanctions, which went in to place this week. Fearing…
Analysts See Opportunities In Embattled Energy Stocks
Just as energy stocks began to cautiously recover from the lows during the worst of the oil price crash in 2015-2016, equity markets and oil prices took a hit last…
Stock Market Chaos Sparks Oil Selloff
The plunge in global equities on Wednesday and Thursday dragged down crude oil, with even concerns about falling Iranian supply not enough to keep crude from a steep selloff. Brent…
Venezuela Takes Unprecedented Action To Stabilize Currency
As previewed yesterday, on Monday Venezuela officially slashed five zeros from prices and its currency as part of what has been dubbed one of the greatest currency devaluations in history which slashed…
