 |
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 • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 hour | 2.745 | +0.011 | +0.39% |
|
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 • 24 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 24 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 24 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 24 hours | 76.96 | +1.46 | +1.93% |
|
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% |
EU Sanctions on Russia Face Legal Challenges
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Armenia and Azerbaijan Engulfed in Legal Disputes at the Hague
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This is The Death Knell For Iraqi Kurdistan’s Independence
from the moment the oil…
Geopolitics
Houthi Rebels Launch Missile Attack On Saudi Oil Terminal
A petroleum products distribution terminal in Jizan, Saudi Arabia, was attacked late on Thursday local time, the Kingdom said, blaming the Iran-aligned Houthi movement and vowing to take measures to…
Saudi Arabia Sidelined By Biden's Middle East Strategy
After the first oil price war launched by the Saudis against the then-nascent U.S. shale sector in 2014, Washington took the view that the Kingdom had broken the core…
Saudi Arabia Proposes Ceasefire In Yemen Conflict
Saudi Arabia has proposed a ceasefire to the war in Yemen on Monday. The ceasefire was suggested by Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan and comes after a…
Saudi Arabia Must Prepare For More Attacks On Its Oil Industry
As highlighted in OilPrice.com just after the last major attack on Saudi Arabian oil facilities on 14 September 2019, there are many positive aspects from Iran’s perspective in pursuing…
Why Biden Needs To Change His Tune On Venezuela
Since the U.S. presidential election started in earnest toward the end of 2020 there has been considerable speculation regarding President Biden’s plans for crisis-torn Venezuela. President Biden has…
China Makes Move On Riyadh As Washington Considers Sanctions
Panda Express isn’t just a fast-food chain in Saudi Arabia. Soon it’ll be the daily Air China flight bringing Chinese businessmen and officials to the kingdom. Saudi Arabia recently achieved…
Is Biden Preparing To Ease Restrictions On Venezuelan Oil?
In a surprise move, President Biden has withdrawn U.S. support for a Saudi-led military campaign against Houthi rebels in war-torn Yemen, describing the…
How U.S. Sanctions Against Venezuela Backfired
Harsh U.S. sanctions, a crumbling economy, and near collapsed petroleum industry have done little, if anything, to loosen President Maduro’s grip on power in Venezuela. It appears that…
Why A New Nuclear Deal With Iran Looks Unlikely
A key complicating factor in the ‘if and when’ conjecture over the U.S. and Iran re-opening talks on the Join Comprehensive Plan of Action (JCPOA) in light of the new…
Military Takes Full Control Of Myanmar
Myanmar is a huge investment for China. We’re talking about billions of dollars in infrastructure, including oil and gas pipelines, mines, and a deepwater port--not to mention a…
Iran Boasts Oil Production Increase
Geopolitics, Politics & Conflict -Iran is claiming that it is already increasing its oil production, and will have reached pre-sanctions levels within a month or two. Iran is also claiming…
How The Coup In Myanmar Will Impact Energy Markets
Myanmar’s military coup has become Asia’s most significant political development in 2021 so far. In many ways, the coup brought back memories of times long gone – Aung San Suu…
Has Iran Massively Underestimated Joe Biden?
Iran has been waiting since former U.S. President, Donald Trump, unilaterally pulled his country out of the Joint Comprehensive Plan of Action (JCPOA) in May 2018 and then re-imposed sanctions…
UAE Oil Takes Center Stage In U.S. Pushback Against China
Abu Dhabi – the oil powerhouse at the centre of the U.S.’s pushback against increasing Chinese influence across the Middle East - last…
U.S. Energy Independence Is Fueling Iran’s Middle East Power Grab
The global economy, international geopolitics, and intra-national security have hinged upon oil production capacity and petrol markets so thoroughly that it’s easy to forget that it wasn’t always…
U.S. Relations With Russia Could Crumble Under Biden
Russian Deputy Foreign Minister Sergei Ryabkov has accused the incoming administration of President-elect Joe Biden of "Russophobia” and says he expects relations with the United States to go…
Venezuela’s Crisis: A Cautionary Tale For Oil Nations
The story of Venezuela’s rise to wealth and its now near collapse is a cautionary tale for countries rich in natural resources. The 1914 discovery of crude oil…
UAE Oil Is A Vital Geopolitical Weapon Against China's Middle East Expansion
The key corporate proxy at the centre of the U.S.’s Middle East pushback against increasing Chinese and Russian influence across the region – the Abu Dhabi National Oil Co (ADNOC)…
Why Biden’s Approach To Venezuela Is So Important For Oil Markets
In a hard-fought campaign Democrat Joe Biden won the November 2020 U.S. presidential race beating incumbent Donald Trump. There were considerable fears in the run-up to the election…
Saudi Arabia Says It Foiled Houthi Attack On Oil Facility
Saudi Arabia has thwarted a planned attack with explosives against an oil products terminal near the border with Yemen, the Kingdom said early on Friday, adding that the attempted attack…
