 |
WTI Crude •4 hours | 51.20 | -1.38 | -2.62% |
|
Brent Crude •3 hours | 60.28 | -1.17 | -1.90% |
|
Natural Gas •4 hours | 3.827 | -0.297 | -7.20% |
|
Mars US •3 hours | 54.75 | -1.38 | -2.46% |
|
Opec Basket •2 days | 58.67 | -0.53 | -0.90% |
 |
Urals •20 hours | 58.50 | +0.95 | +1.65% |
|
Louisiana Light •2 days | 59.54 | +1.62 | +2.80% |
|
Marine •20 hours | 59.57 | +0.84 | +1.43% |
|
Murban •20 hours | 61.48 | +1.03 | +1.70% |
|
Iran Heavy •20 hours | 55.10 | -0.10 | -0.18% |
|
Basra Light •20 hours | 60.90 | -1.00 | -1.62% |
|
Saharan Blend •20 hours | 59.42 | +0.12 | +0.20% |
|
Bonny Light •20 hours | 61.13 | -0.20 | -0.33% |
|
Canadian Crude Index •2 hours | 32.01 | +0.00 | +0.00% |
|
Western Canadian Select •2 days | 27.58 | +1.43 | +5.47% |
|
Canadian Condensate •2 days | 34.58 | +1.43 | +4.31% |
|
Premium Synthetic •2 days | 52.68 | +1.43 | +2.79% |
|
Sweet Crude •2 days | 27.08 | +1.43 | +5.58% |
|
Peace Sour •2 days | 23.58 | +1.43 | +6.46% |
|
Louisiana Light •2 days | 59.54 | +1.62 | +2.80% |
|
Domestic Swt. @ Cushing •20 hours | 47.75 | -1.50 | -3.05% |
|
Giddings •20 hours | 41.50 | -1.50 | -3.49% |
|
ANS West Coast •3 days | 60.43 | -0.42 | -0.69% |
|
West Texas Sour •20 hours | 45.15 | -1.38 | -2.97% |
|
Eagle Ford •20 hours | 49.10 | -1.38 | -2.73% |
Why The OPEC+ Deal Won’t Cut It
OPEC and its partners managed…
OPEC Surprises Markets With Last Minute Deal
Oil markets appeared to have…
Chinese-Venezuelan Joint Venture Doubles Oil Production
A joint venture between troubled…
Energy
What’s Behind The New OPEC Skepticism?
OPEC+ took action to cut supplies from the market last week and threw themselves and U.S. frackers a substantial short-term lifeline. In terms of price action, the 1.2m bpd cut…
Global Intelligence Report - 14th December 2018
Sources - Kazakhstan energy industry executives- Western hedge fund manager- A source in the Kazakh political elite inner circle- A prominent UAE banker- Libyan investigative journalist…
Russia Wary Of Long-Term Output Declines
Russia has never been producing more oil than it does now – up to the OPEC/OPEC+ production cut agreed upon in Vienna last week, almost every single month brought along…
The Real Impact Of Diesel Bans
‘Diesel bans’ should be in force in no less than seven German cities by the first half of next year. They follow measures introduced in Paris and Oslo in 2017,…
Oil Markets Stuck As Hedge Funds Remain Bearish
The penultimate full trading week of 2018 brought no clear indication of where oil markets would go in the upcoming weeks. On one hand, the OPEC/OPEC+ deal placated fears that…
Has OPEC+ Stabilized Oil Markets?
Oil prices plummeted further on Friday, despite a semi-bullish rig count report and the combined efforts of OPEC and its partners. (Click to enlarge)
Slipping Rig Count Can’t Keep Oil Prices From Falling
Baker Hughes reported a 4-rig decrease for oil and gas in the United States this week—a loss in rigs for the third week in a row. The four-rig decline was…
Libya’s NOC Won’t Pay ‘Ransom’ For Biggest Oil Field
Libya’s National Oil Corporation said it would not pay a “ransom” to have the armed militiamen that shut down the field last week lift their blockade, the company’s chairman said…
Chinese-Venezuelan Joint Venture Doubles Oil Production
A joint venture between troubled Venezuelan state oil company PDVSA and China’s CNPC in the South American country has doubled its oil production in the past seven months, Reuters reported…
The U.S. Oil Industry’s Dirty Little Secret
The oil industry engaged in a secret public relations campaign to undermine U.S. fuel economy standards, according to a new investigation from the New York Times. One of the…
