 |
Louisiana Light • 2 days | 89.15 | -0.01 | -0.01% | ||
|
Bonny Light • 20 hours | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% | ||
|
Mars US • 166 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 18 mins | 2.731 | +0.002 | +0.08% |
|
Bonny Light • 20 hours | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 20 hours | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% |
|
Peace Sour • 11 hours | 78.03 | -0.58 | -0.74% | ||
|
Light Sour Blend • 11 hours | 81.08 | -0.58 | -0.71% | ||
|
Syncrude Sweet Premium • 11 hours | 88.03 | -0.58 | -0.65% | ||
|
Central Alberta • 11 hours | 78.43 | -0.58 | -0.73% |
|
Eagle Ford • 2 days | 81.84 | -0.05 | -0.06% | ||
|
Oklahoma Sweet • 2 days | 81.75 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 6 days | 89.36 | +0.64 | +0.72% |
Breaking News:
China's Mediation Efforts: A Closer Look at Beijing's Ukraine Strategy
Russian and Chinese diplomats are…
Armenia's Shift West Draws Ire from Moscow and Baku
The European Union and United…
Geopolitics / International
Iraq: A Ticking Time Bomb For Oil Markets
Iraq’s ministry of oil has published a very optimistic report on the country’s capability to ramp up production, but internal political issues could lead to a new crisis after this…
The U.S. Calls On Russia To Cap Soaring Oil Prices
As crucial mid-term congressional elections in November draw near, the Trump administration is feeling the heat over higher oil prices. London-traded global oil benchmark Brent breached the $80 per barrel…
How Iran Plans To Bypass The World’s Main Oil Chokepoint
Iran Tries to Bypass the Hormuz Strait Global markets have recently gone into overdrive in anticipation of the US-Iran standoff’s outcome. President Trump is building up pressure on Tehran, his…
How Much Longer Can The Saudis Suppress Oil Prices?
When earlier this week reports emerged that Saudi Arabia is striving to keep oil prices in the range of US$70-80 per barrel in a bid to balance its need…
Will The U.S. Let India Continue To Import Iranian Crude?
India is increasingly finding itself caught between competing alliances. On one hand, ties between Washington and New Delhi have improved in recent years in large part to what both sides…
The Biggest Threat To The Oil And Gas Industry
Trump’s trade war is taking a toll on the oil and gas industry. There has been some eleventh-hour drama over the renegotiation of NAFTA, but the energy industry is…
A Saudi-Iran Oil War Could Break Up OPEC
When OPEC and Russia shook on increasing crude oil production by a million barrels daily to stop the oil price climb that had begun getting uncomfortable for consumers from Asia…
This Vital Oil And Gas Choke Point Could Be At Risk
Beijing is taking to task a Pentagon report, ”Military and Security Developments Involving the People’s Republic of China 2018” released last Thursday on China’s military activities. The annual report…
U.S., China Trade War Puts A Lid On Oil
The oil market has suddenly gone south in recent weeks, with cracks in the global economy starting to drag down oil. The U.S.-China trade war is one of the drivers…
US-Turkish Relations Come To A Head, But Is A Break Inevitable?
Turkish Pres. Reçep Tayyip Erdogan believes the U.S. will stop short of forcing Turkey out of NATO, destroying its currency, and pushing it into an alliance with Russia and the…
Who Profits From Iran’s Oil Major Exodus?
Donald Trump’s decision to leave the Iran nuclear deal and slap sanctions on Teheran is the most significant energy development of 2018. The first round of Iran sanctions, in place…
Is Venezuelan Oil Production Falling Even Faster Than Expected?
The bad news from Venezuela continues. In July, Venezuela’s oil production came in lower than PDVSA had targeted, according to Argus Media. While PDVSA had hoped that it, along…
IEA: U.S. Sanctions On Iran Could Create Major Challenge For Oil Supply
The current easing of the short-term concerns about oil supply could only be temporary, because the return of the U.S. sanctions on Iran—possibly coupled with production problems elsewhere—could make maintaining…
Canada Frees Itself From Saudi Oil Imports
The ongoing political row between Canada and Saudi Arabia over Ottawa’s demand that the kingdom release detained women’s rights activists in the country is picking up momentum. Earlier this week,…
The Next Big Energy Standoff Will Happen Here
The Association of Southeast Asian Nations (ASEAN) and China have agreed on a so-called single working text to continue negotiations for a Code of Conduct (COC) in the disputed…
Are Oil Markets Underestimating Iran’s Threats?
Iranian officials have suggested that they could shut the Strait of Hormuz if the U.S. moved to completely disrupt Iranian oil exports, a dire scenario that would present a supply…
The Most Important Waterway In The Oil World
Tensions between the United States and Iran continue to rise, with U.S. President Donald S. Trump issuing a threatening tweet against Iran’s President Hassan Rouhani amidst preparations to re-impose…
India And China Could Mitigate Damage For Iran
How much oil from Iran will be disrupted because of U.S. sanctions? American officials have gone back and forth on this, but many of the people who decide how much…
Saudis To Invest $10B In South Africa’s Energy Sector
Saudi Arabia has pledged to chip in $10 billion in funds to South Africa’s ailing power sector, according to a South African government spokesperson cited by CNBC. The funds…
Nord Stream 2's Confusing Endgame
The summer of 2018 will go into history as the moment when a US president fundamentally and decisively changed the international world order which its predecessors worked hard on during…
