 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 24 hours | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 15 mins | 2.774 | +0.016 | +0.57% |
|
Bonny Light • 24 hours | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 24 hours | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 23 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 23 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 23 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 23 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 24 hours | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Article Archive | Page 671
Adjusting To The New Reality In Oil Markets
After a period of quite literally unprecedented volatility in oil markets, things seem to have calmed down a bit over the last month or so. July WTI futures (CLN20) have…
The 5 Oil Tankers That Could Start A War
While a cold war with China is working its way towards the inevitable, another situation is developing that could lead to physical clashes between Iran and the United…
The World’s Top Oil Importer Is Expanding Its Storage Capacity
China will expand its oil storage capacity, the government said today, adding that /it will also pursue unconventional gas exploration to improve energy supply security, Reuters reports, citing a…
Goldman Sachs: OPEC To Dominate Oil Markets For The Foreseeable Future
OPEC will regain its position as a dominant force on international oil markets after the world emerges from the current crisis, Goldman Sachs analysts have forecast in a report titled…
Oil Tumbles On Fears Of Slow Chinese Economic Recovery
Oil prices dipped by more than 6 percent early on Friday, after China’s top policy-setting meeting didn’t set an annual economic growth target because of “great uncertainty” of the recovery…
COVID Crisis Could Unify World’s Largest Oil Companies
Sir Winston Churchill once admonished leaders to never let a good crisis go to waste. Wall Street banks and other large banks have been paying attention: They were shrewd enough…
Oil May Never Fully Recover From This Crisis
It’s a rule of thumb among epidemiologists that every epidemic is different and could be laden with surprises. It now seems the same applies to economic crises. During…
Chinese Oil Imports To Rise In 2020 Despite Coronavirus
Despite the low oil demand during the COVID-19 outbreak in China, the world’s top oil importer is set to increase its crude oil imports by 2 percent in 2020, thanks…
The EV Boom Could Accelerate Peak Oil Demand
The COVID-19 pandemic has dramatically changed the short-term outlook for global vehicle manufacturing industry and sales, including sales of electric vehicles (EVs). But policy actions to support decarbonization and lower-emission…
Europe Set To Unveil Its $500 Billion 'Green Deal'
The European Union is set to launch a down payment on a Green New Deal. As the world slips into a deep economic recession – and some indicators are as…
The African Nation That Can’t Get Its Energy Industry Off The Ground
The African continent witnessed different reactions to the ongoing period of depressed demand – mature producers like Nigeria and Angola are facing liquidity issues and struggle to keep their 2020…
U.S. Cuts Royalty Rates For Oil Firms
The U.S. Administration has been approving royalty rate cuts for producers on federal land on a case-by-case basis, with rates cut on at least 76 leases in Utah in recent…
U.S. Shale Scrambles To Innovate Its Way Out Of Crisis
Headlines have been pronouncing the impending death of the shale industry since long before the spread of the novel coronavirus. “Even when oil was priced at $30 a…
Why The Covid Crisis Is A Pivotal Moment For Renewables
The global energy and travel industries have been some of the hardest hit by the coronavirus crisis, with the energy market experiencing its biggest shock post-WWII. Widespread lockdowns have resulted…
This Oil Nation Sees Production Drop As COVID-19 Cases Spike
Kazakhstan’s crude oil production has fallen below 1.7 million bpd of crude and condensates, oil analytics firm OilX told Oilprice.com, noting that the giant Tengiz field has seen a jump…
World's Third Largest Oil Consumer Sees Very Slow Demand Recovery
Crude oil demand in India will take longer to recover than many hope for as the country braces for the worst recession in its history after a two-month lockdown. Bloomberg
The Oil Price War Has Put A $69 Billion Mega Deal At Risk
Even before the latest slew of announcements regarding the agreement by Saudi Arabia’s flagship oil and gas company, Aramco, to acquire a 70 percent stake in the Kingdom’s key petrochemicals…
Big Oil’s Best Survival Strategy
First, it was an oil price war that pummeled benchmarks into the ground. Then it was the coronavirus outbreak that swelled to a pandemic. Now, a third plague…
Oil Climbs As Fears Of Negative Prices Fade
Trader anxiety has earned a reprieve, with oil markets dodging one of many bullets after a key U.S. benchmark oil futures contract avoided a repeat of the April fiasco that…
Covid-19 Crisis Could Crush Brazil’s Oil Boom
The coronavirus is spreading like wildfire in Brazil, and the country’s oil industry could get dragged down with it. “Brazil has the worst COVID growth rate…
