 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 24 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 8 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 24 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 24 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 15 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 15 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 15 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 15 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Arab Nations Act Against Iran-Israel Escalation
Arab states, including Jordan, Saudi…
The Great Game Returns to Central Asia
Central Asia is emerging as…
Geopolitics / International
Saudi Crackdown Was A “Classic Head Fake” For Oil Prices
Overnight, following the recent Saudi turmoil, prices in the crude complex jumped to the highest levels in over two years, amid speculation that Saudi Arabia is more likely to back…
The Geopolitical Implications Of Renewable Energy
An October report from BlackRock (BLK)—the world’s largest publicly traded investment management firm—wisely states, “markets are calm but geopolitics are anything but.” Wind and solar energy—two leading renewable energy options—could…
Russia Aims To Dominate Middle East Energy
I’ve been writing a lot lately about Russian energy firms expanding worldwide. With Rosneft having been particularly active — striking critical deals in spots like India and Egypt the last few months.…
New U.S. Sanctions Threaten Russian Oil Projects
Washington’s newest round of sanctions against Moscow’s oil and gas industry targets Russia’s upcoming projects worldwide, according to drafts of the measures introduced at the United Nations by the…
Trump’s China Trip To Reap Billions In Energy Deals
U.S. President Donald Trump will visit China November 8-10 for a series of bilateral and commercial events, including a meeting with Chinese President Xi Jinping. On that trip, President…
Tensions Rise As Iraq Halts Kirkuk Oil Exports
Since the Iraqi army took control of the fields in the oil-rich Kirkuk area in mid-October, reports of disruptions in oil flows have been a daily occurrence, but now, according…
Venezuela Avoids Default With Critical Payment
On Wednesday, when looking at the imminent principal payment on $842 million in debt issued by Venezuela's state-run oil company PDVSA , we warned that the state - which had previously…
Saudi Rhetoric Sends Oil Prices To Two-Year High
Comments made by Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS), sent Brent crude to its highest in more than two years, to US$59.30 a barrel, Reuters reports. West…
The Qatar Blockade Could Cause A Regional Recession
Five months into the Gulf’s blockade against Qatar, and neither side looks ready to budge. But the repercussions of the ongoing spat—and Kuwait’s failure to end the dispute—could deliver a…
Venezuela Could Default In The Next 48 Hours
This past weekend, Venezuela failed to make $237 million in bond coupon payment, blaming "technical glitches" when in reality it simply did not have the money (or wish to part…
Iraq Conflict Won’t Trigger Oil Rally
The standoff between the Iraqi government and Kurdistan over the past month helped push up oil prices, due to the idling of a sizable portion of the country’s crude oil…
Saudi Arabia To Move Beyond Oil And Islam
Crown Prince Mohammed bin Salman announced the coming creation of a $500 billion business and industrial megacity that links Saudi Arabia, Egypt, and Jordan together by focusing on growth in…
Can Venezuela Avoid Default?
The oil and bond market participants have hardly had time to take a breather after Venezuela’s disputed regional election, as the cash-strapped crisis-stricken country has to make more than…
The 5 Countries That Could Push Oil Prices Up
Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. An unexpected disruption could occur at any…
Syrian Kurds Cut Secret Gas Deal With Russian Forces
In a move that surprised many observers of the ongoing war for Deir Ezzor province, the U.S.-backed Syrian Democratic Forces (SDF) handed over one of Syria's largest gas fields to Russian…
Are Oil Markets Becoming Immune To Geopolitical Risk?
After lying dormant for a few months, the risk premium in oil is back. That, at least, is what many analysts have begun declaring in the wake…
Half A Million Bpd At Risk From Geopolitical Firestorm
It’s been a long time since geopolitical developments caused major movements in the oil price, but the escalating tension between the U.S. and Iran, combined with the sudden military clashes…
Oil Markets Fear Iraqi Escalation
The expected military operation of Iraqi forces against the Kurdish peshmergas in Kirkuk has begun. Sources indicate that the Iraqi military, supported by Shia militias and Iranian forces, are battling…
New Iran Sanctions Could Send Oil Prices Higher
Oil prices are bound to remain low over the next couple of years, but two potential events could send them either higher than today’s levels or sinking into the $30s—new…
Is Iraq On The Brink Of Civil War?
For much of the past month, the Kurdistan referendum on independence and its possible implications for the region have dominated news headlines from the Middle East. The fate of Kurdistan-controlled…
