 |
WTI Crude •10 mins | 59.86 | -0.12 | -0.20% |
|
Brent Crude •11 mins | 67.54 | -0.13 | -0.19% |
|
Natural Gas •11 mins | 2.799 | -0.028 | -0.99% |
|
Mars US •5 hours | 65.88 | -0.35 | -0.53% |
 |
Opec Basket •2 days | 67.54 | +0.29 | +0.43% |
|
Urals •24 hours | 65.84 | +0.77 | +1.18% |
|
Louisiana Light •2 days | 68.02 | +1.10 | +1.64% |
|
Marine •24 hours | 68.11 | +0.44 | +0.65% |
|
Murban •24 hours | 69.47 | +0.46 | +0.67% |
|
Iran Heavy •24 hours | 60.51 | -0.30 | -0.49% |
|
Basra Light •24 hours | 70.03 | -0.58 | -0.82% |
|
Saharan Blend •24 hours | 67.63 | -0.45 | -0.66% |
|
Bonny Light •24 hours | 68.72 | -0.45 | -0.65% |
|
Canadian Crude Index •5 hours | 49.20 | +0.00 | +0.00% |
|
Western Canadian Select •7 hours | 49.73 | +0.94 | +1.93% |
|
Canadian Condensate •27 days | 56.98 | +0.94 | +1.68% |
|
Premium Synthetic •7 hours | 60.88 | +0.94 | +1.57% |
|
Sweet Crude •7 hours | 54.98 | +1.19 | +2.21% |
|
Peace Sour •7 hours | 52.23 | +0.94 | +1.83% |
|
Louisiana Light •2 days | 68.02 | +1.10 | +1.64% |
|
Domestic Swt. @ Cushing •24 hours | 56.50 | +0.25 | +0.44% |
|
Giddings •24 hours | 50.25 | +0.25 | +0.50% |
|
ANS West Coast •3 days | 68.30 | +0.02 | +0.03% |
|
West Texas Sour •24 hours | 53.93 | +0.15 | +0.28% |
|
Eagle Ford •24 hours | 57.88 | +0.15 | +0.26% |
Refining Frenzy Worsens Fuel Glut In Asia
The oil products glut in…
One Last Warning For The U.S. Shale Patch
The oil-price collapse of 2018…
Energy / Crude Oil
Big Pivot In Energy Is Gaining Momentum
For years, the oil and gas industry has boasted about the longevity and durability of oil and gas reserves despite growing signs that peak oil demand is around the corner.…
U.S. Didn’t Import Venezuelan Oil Last Week—For The First Time Ever
The United States didn’t import any crude oil from Venezuela in the week to March 15, for the first time ever since the EIA began tracking weekly U.S. crude…
One Last Warning For The U.S. Shale Patch
Oil price lost 44% of its value late last year. That price collapse was a signal to tight oil companies to stop over-producing. The message will be repeated until action…
U.S. On The Hunt For Iranian “Ghost Tankers”
When Washington announced the return of economic sanctions against Iran, the main idea was pretty clear: cut exports of vital oil to zero to paralyze the economy and prompt a…
Oilfield Services Might Not Fully Recover Till 2025
The global oilfield service sector’s recovery from the deepest trough it has ever encountered is not going to happen overnight. Not until 2025, 11 years after the last peak, are…
Why Russia Fails To Comply With The OPEC+ Cuts
Russia’s crude oil production to date is 140,000 bpd lower than the average daily rate for October 2018, Energy Minister Alexander Novak said as quoted by TASS. The October…
Crude Oil Stocks Rise Despite U.S. Sanctions
Crude oil inventories in the world are rising despite U.S. sanctions, which have affected Venezuelan and Iranian production, Saudi Arabia’s Energy Minister Khalid al-Falih said, as quoted by Reuters,…
Cuba Faces Oil Crisis As Venezuela Crumbles
When Venezuela’s opposition leader Juan Guaido earlier this week said he had decreed the suspension of all crude oil shipments to Cuba, he explained the move with the massive…
How The Californian Oil Boom Died
This week I am creating slides for a presentation I am giving in California later this month. While researching the material, I took a closer look at the history of California’s oil…
U.S. Oil Production Is Headed For A Quick Decline
The most recent forecasts published by the US Energy Information Administration show US oil production increasing steadily. The February Short-Term Energy Outlook sees the output from US wells rising from…
