 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.712 | -0.002 | -0.07% |
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 2 days | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 5 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 5 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 5 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 5 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% |
Breaking News:
Article Archive | Page 682
How Much Longer Will Indian Oil Demand Slump?
Merely a month ago India was perceived as one of the main potential winners of the oil price slump – with Middle Eastern differentials dropping beyond any reasonable level, its…
U.S. Shale Braces For Largest Ever Drop In Fracking Activity
The Covid-19 crisis combined with the oil price war is about to trigger the largest ever monthly drop in U.S. fracking activity The Covid-19 pandemic has ravaged global oil demand…
Saudi Supertankers Stranded As Oil Price War Backfires
Saudi Arabia has made good on its early-March promise to flood the world with oil, but with demand collapsing and storage filling fast, the world’s top oil exporter must now…
The Very Real Possibility of -$100 Oil
An oil analyst who warned of negative oil prices a month ago now says that the WTI Crude futures prices could crash to as low as a negative $100 per…
Oil Rally Halts On Huge Crude Build
The Energy Information Administration delivered yet another blow to an already struggling industry by reporting a crude oil inventory build of 15 million barrels for the week to April…
Trump Orders U.S. Oil Major Out Of Venezuela
President Donald Trump has ordered Chevron to start "winding down" its oil production in Venezuela in the latest increase in pressure against the Maduro government in Caracas. The AP reports that…
Oil Jumps After Trump Orders Navy To ‘’Shoot And Destroy’’ Iranian Gunboats
After two dark days for crude, oil prices are rallying again on Wednesday morning after U.S. President Trump triggered a small short-covering rally by tweeting that he has ordered the…
The Worst Is Yet To Come For Oil Prices
Dashing hopes for some oil producers who may have thought negative prices were a weird quirk, the June WTI contract fell sharply on Tuesday. During intraday trading June contracts collapsed…
Is This The End Of The World’s Largest Oil Fund?
The oil markets have just gone through an epic long squeeze, with oil prices crashing into negative territory for the first time in history. The May 2020 WTI futures contract sunk…
Saudi Arabia Hints At Further OPEC+ Action
As the oil market meltdown intensified a week after the new OPEC+ production cut deal, Saudi Arabia has hinted for a second time in two weeks that it is ready…
EX-BP CEO: Low Oil Prices Are Here To Stay
The current situation on the oil market with too much supply and collapsing demand is similar to what happened in the middle of the 1980s when a glut led to…
Oil Price Mayhem - Is The Market Broken?
The May '20 WTI contract rebounded on Tuesday morning, but the June '20 WTI contract, the new front month contract is tanking, indicating that producers could be about to face…
Extreme Volatility In Oil Continues As WTI June Contract Tanks 65%
The price of a WTI barrel of oil rebounded on Tuesday and is now back in the black, mimicking the June futures contract—rather than May’s future contract that is set…
A Massive Wave Of Shut-Ins Fails To Halt Oil Price Crash
With the physical oil market coming apart at the seams, traders have begun to realize that we are a lot closer to full storage capacity than previously thought.
China Is Waging A New Kind Of War Against The U.S.
Beijing made it clear in 1999 that when it went to war with the US it would be a new kind of war. People’s Republic of China (PRC) Pres. Xi…
Goldman: Don’t Expect U.S. Oil Prices To Recover Soon
The recovery in U.S. oil prices is still weeks away, Goldman Sachs' head of commodities Jeffrey Currie told CNBC's Power Lunch. The reason for the note of caution is because cutting…
Oil Market Crash Could Lead To Mass Bankruptcies
After U.S. crude oil fell into negative territory yesterday, one expert has warned that the oil industry crisis could force many companies to stop operating. U.S. oil companies have different…
“A Great Time To Buy Oil” Trump Looks To Fill Strategic Petroleum Reserve
With the perfect storm of global demand destruction and the world running out of places store tens of millions of barrels of crude raining down on oil markets, U.S. President…
Brent Crude Oil Prices Fall 20% As Panic Sweeps The Market
After yesterday's historic crash which left the West Texas Intermediate U.S. benchmark settling at -$37, panic is beginning to spread through markets, with Brent…
What’s Next For Oil As Prices Go Negative?
Oil prices crashed through zero, closing out the day at -$37 per barrel, an unprecedented meltdown. There are mitigating circumstances to these insane numbers. The prices for…
