 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 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 • 9 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 17 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 17 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 17 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 17 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% |
Iran Examines Options To Widen Israel-Hamas War After Strike on its Consulate
The missile strike on Iran's…
Iraq Hopes to Expand Economic Relationship With the U.S.
Sudani wants to strengthen Baghdad’s…
Geopolitics / Middle East
Qatar’s Brilliant Geopolitical Maneuver
Roughly a year and half ago, US President Donald Trump has called on Qatar to stop the funding of terrorism and the spread of its “extremist ideology”, claiming that the…
Iran To Start Navy Drills In The World’s Key Oil Chokepoint
As the U.S. sanctions on Iran’s oil industry have already started to mount pressure on Tehran and have halved Iranian oil exports, the Islamic Republic announced that its Navy would…
Trump Under Fire For Support Of Saudi-Led Coalition In Yemen
Congress is about to give President Trump a bloody nose, at least politically, over part of his Saudi Arabia policy. On Wednesday, the panel voted to cut off U.S. support…
OPEC’s Oil Princes Are Fighting For Survival
The already strained relationship between U.S. lawmakers and two of President Trump’s staunchest supporters, Saudi Crown Prince Mohammed bin Salman and Abu Dhabi’s Sheikh Mohammed bin Zayed, seems to be…
Turkey Stands Firmly Against U.S. Sanctions On Iran
Following Wednesday's unexpected and dramatic full and "immediate" withdrawal of all U.S. forces from Syria, Turkey has announced it will not play ball on Iran sanctions. According to a translation…
The Battle For Syria’s Oil Region
The Syrian Civil War has gone through several phases over the course of seven years and it now appears to be entering another one. Government forces have regained control over…
Falling Oil Prices Threaten Saudi Economic Growth
In October the IMF revised its forecast for Saudi economic growth in 2018 and 2019, predicting GDP would increase by 2.2 percent and 2.4 percent, respectively, up on the 1.9…
Saudi Arabia Can Outwait The Khashoggi Crisis
On 10 November 2018, Turkey shared with Western and Saudi officials the audio recording that proved Saudi Arabia was responsible for the murder Washington Post columnist Jamal Khashoggi on October 2nd.…
Saudi Arabia’s Biggest Geopolitical Error
War is inherently risk-intense, and therefore is not by any to be entered into unadvisedly or lightly. The more comprehensive the engagement the less predictable the outcome. So it is…
Qatar Looks To Revitalize Trade Amid Embargo
On November 7 Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, the deputy prime minister and minister of foreign affairs, announced that Doha was looking to expand trade and investment…
How Much Does The U.S. Spend On Defending Global Oil Supplies?
President Trump’s insistence that the U.S. is unfairly shouldering the cost of protecting global sea shipping lanes for major oil producing nations received a new boost last week. A report…
Saudis Expand Mining Sector As Part Of Diversification Push
Mining grew by 6.3 percent year-on-year (y-o-y) in the first quarter of 2018, according to data issued by the General Authority for Statistics on July 2. Coupled with expansion in…
Is A New Crisis Brewing In The Saudi Royal Family?
Major changes are never going without instability, conflict and possible crisis. Saudi Arabia’s dramatic change to diversify its economy away from an oil-based rentier state status is not going as…
Washington Announces Sanctions On Syrian Oil Industry
The U.S. Department of Treasury announced sanctions against five Syrian companies and four individuals on allegations of facilitating crude oil shipments and financing to the Assad government, Reuters reports,…
Iraq Is Facing A Major Internal Crisis
Despite the fact that production and export figures presented by Iraqi sources are showing a significant improvement, optimism should be tempered. Iraq continues to head towards a major showdown between…
Houthis Claim Successful Attack On Aramco Oil Facility
Yemen’s Houthi rebels have claimed a successful attack on an unidentified oil facility of Saudi Aramco in Jizan, according to a report in Iranian state news agency IRNA. The…
Iranians Are Turning To U.S. Dollars To Offset Sanctions
In a development that must be hard to stomach for the political elite in Tehran, many Iranians are turning to U.S. dollars to offset the impact of sanctions and a…
Iran Claims It Has Full Control Over The World’s Most Important Oil Chokepoint
As the first round of U.S. sanctions on Iran kicked in earlier this month and the second round of sanctions—including on Iranian oil exports—is set to snap back in early…
Warship Or Oil Tanker – What Did The Houthis Hit?
Late last month, reports emerged from Saudi Arabia and its Gulf allies that the Yemen Houthi rebels had attacked two Saudi oil tankers in the strait of Bab el-Mandeb,…
Trump vs Iran: A War Of Words
The war of words between the United States and Iran has been heating up as the return of U.S. sanctions threatens to take more than 1 million bpd of Iranian…
