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WTI Crude •16 hours | SellBuy | 66.09 | +2.26 | +3.54% | |
Brent Crude •16 hours | SellBuy | 69.36 | +2.62 | +3.93% | |
Natural Gas •16 hours | 2.701 | -0.045 | -1.64% | ||
Mars US •16 hours | 66.39 | +2.41 | +3.77% | ||
Opec Basket •3 days | 62.15 | +0.18 | +0.29% | ||
Gasoline •16 hours | 2.065 | +0.067 | +3.34% | ||
Louisiana Light •3 days | 63.63 | +1.58 | +2.55% |
Marine •1 day | 66.53 | +3.60 | +5.72% | ||
Murban •1 day | 67.42 | +4.10 | +6.48% | ||
Iran Heavy •1 day | 65.51 | +1.68 | +2.63% | ||
Basra Light •1 day | 69.75 | +2.92 | +4.37% | ||
Saharan Blend •1 day | 68.40 | +1.78 | +2.67% | ||
Bonny Light •1 day | 67.69 | +1.57 | +2.37% |
Canadian Crude Index •1 day | 54.26 | +2.53 | +4.89% | ||
Western Canadian Select •15 hours | 52.43 | +2.60 | +5.22% | ||
Canadian Condensate •1 day | 62.83 | +2.55 | +4.23% | ||
Premium Synthetic •1 day | 64.23 | +2.55 | +4.13% | ||
Sweet Crude •15 hours | 61.43 | +3.00 | +5.13% | ||
Peace Sour •15 hours | 60.53 | +3.50 | +6.14% |
Louisiana Light •3 days | 63.63 | +1.58 | +2.55% | ||
Domestic Swt. @ Cushing •1 day | 62.50 | +2.25 | +3.73% | ||
Giddings •1 day | 56.25 | +2.25 | +4.17% | ||
ANS West Coast •4 days | 62.57 | -0.84 | -1.32% | ||
West Texas Sour •1 day | 60.04 | +2.26 | +3.91% | ||
Eagle Ford •1 day | 63.99 | +2.26 | +3.66% |
Small oil producer New Zealand…
Oil prices have rallied past…
The world’s third-largest oil importer, India, is concerned that Thursday’s OPEC+ decision not to lift oil production in April could hurt the consumption-led recovery in oil demand, Indian Petroleum Minister…
Robust oil demand in Asia has supported the bullish sentiment on the oil market in recent weeks, but the higher oil prices may cool off crude purchases from the world’s…
This year’s rally in oil prices brings back an all-too-familiar question for the oil market and the OPEC+ group: Will U.S. shale come back faster than expected to ruin the…
The COVID-19 pandemic, 2020 crude oil price crash and ongoing global petroleum supply glut have done little to slow the growth of South America’s massive offshore oil boom.…
Crude oil prices dropped today after the Energy Information Administration reported what can only be described as a colossal crude oil inventory build of 21.6 million barrels for the…
The OPEC+ group is considering keeping their collective oil production cuts in April, given the still-fragile global demand recovery, three OPEC+ sources told Reuters on Wednesday. OPEC and its…
After breaking the $50 barrier last year, oil prices are currently trading above $60. The major drivers behind this rally include the rise…
About two decades ago, The Economist [infamously] dubbed Africa as the “Hopeless Continent”, claiming that the new millennium had brought more disaster than hope to Africa with threats of famine…
Saudi Arabia’s unilateral additional cut in oil production sent the total OPEC output down by 870,000 barrels per day (bpd) in February, the first monthly drop in the cartel’s production…
U.S. crude oil production fell in December to an average 11.063 million barrels per day, according to the Energy Information Administration’s latest monthly report. U.S. crude oil production fell…
North Sea producer Premier Oil has gained regulatory and antitrust approval to re-emerge under its new trading name Harbour Energy Plc. having agreed to a merger due to…
Oil prices have rallied since the start of this year, pushed up by the OPEC+ cuts tightening the market and the vaccine rollouts. Analysts and industry…
Saudi Arabia’s surprise January 2021 one million barrel per day production cut has sparked a sense of bullishness over the outlook for crude oil. The international Brent benchmark…
The energy transition and the growing share of electrification of transportation will not lead to a fast decline in global oil demand—any drop in consumption will be very gradual, Argus…
Small oil producer New Zealand has halted exploration of a potentially major oil field in the wake of the Covid-19 pandemic and increased regulator pressure. New…
From the pariah of industries last year, energy has become a Wall Street darling once again. In the year to date, energy has gained 17 percent on the S&P 500.…
U.S. crude oil production has plunged by as much as 40 percent due to the Polar Vortex that brought freezing temperatures to swathes of the United States, most notably including…
President Biden’s assumption of power has instilled a new sense of hope in Venezuela’s political leadership, with Nicolas Maduro stating that his country was willing to “walk a new path…
The new energy policies brought forward by the Biden administration in the US are set to rock the country’s oil and gas industry. There has been much discussion over the…
OPEC’s largest producer Saudi Arabia looks to reverse its unilateral extra production cut of 1 million barrels per day (bpd) after March ends, in view of the recent rally in…