 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 24 hours | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 2 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 2 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 2 days | 72.55 | -0.05 | -0.07% |
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Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
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Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
Breaking News:
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Energy / Crude Oil
Hurricanes Led To Steepest Fall In Gulf Of Mexico Oil Production Since 2008
Crude oil production in the U.S. Gulf of Mexico dropped in August by the largest amount compared to the previous month since September 2008, due to shut-ins because of Hurricanes…
Argentina’s Huge Vaca Muerta Shale Could Become A Stranded Asset
Sharply weaker oil prices, growing threats to oil demand and the imminent arrival of peak oil demand could unleash a wave of stranded oil assets in South America.…
Something Highly Unusual Just Happened To Chinese Crude Stockpiles
China’s refiners likely drew 200,000 barrels per day (bpd) out of storage in October as they processed record daily volumes of crude while oil imports slowed. The estimate is a…
A Major Oil Rally Could Be On The Horizon
This year has been a true rollercoaster ride for the U.S. stock market, but it is increasingly looking to end on a high note. The S&P…
Why The Oil Industry Is Set To Thrive For Decades To Come
Modern innovation is helping the oil industry to keep up with the competition by cutting costs, addressing safety concerns, and incorporating better data…
China Is Rapidly Expanding Its Oil Resources In Africa
China is making a major power play to expand its global energy influence. The United States has long played an outsized role in global geopolitics…
Iraq's Latest Attempt To Corner Asian Oil Markets
Every new crisis is a formidable opportunity to try new things, oftentimes merely to have another go with methods that have failed in the past but should work better now.…
Why A COVID Vaccine Won’t Invigorate The Oil Market
For those who have been transfixed on oil demand forecasts over the last eight months, the recent news that Pfizer’s Covid-19 vaccine is 92% successful likely came with a renewed…
Can Asia Continue Its Crude Oil Buying Spree?
With Europe and North America falling ever deeper into the quagmire of second-wave coronavirus lockdowns and curfews, caution has become the universal buzzword. In Asia, however, the anticipation of worse…
Will Venezuela’s Economic Crisis Remove Maduro From Power?
In desperation, Maduro’s autocratic regime has turned to Iran, another pariah state, for assistance. The collapse of Venezuela’s once-mighty oil industry has not only caused the Latin American…
Growing Crude Inventories Put A Cap On Oil Prices
Crude oil prices fell today after the Energy Information Administration reported an oil inventory build of 4.3 million barrels for the week to November 6. The authority also reported…
OPEC+ Getting Closer To Hatching January Plan
The OPEC+ group is getting closer to deciding how to proceed come January, according to several delegates who shared this insight with Bloomberg. After discussing the options, which included…
Oil Funds Could See Record Gains In December
The battered oil and gas sector ran riot on Monday, with the sector’s popular benchmark Energy Select Sector Fund (XLE) jumping nearly 15%. The…
Is This The World's Riskiest Oil Play?
Much of the 2020 media discussion has recently been taken over by the prospects of crude demand never really recovering from the ongoing pandemic-induced market slump. That would have been…
Oil Majors Are Eyeing Mexico’s Deepwater Sector
Deepwater exploration appears to be the focus of major investments in Mexico in Q3. As state-controlled oil company Pemex focuses on easy-extraction shallow water projects, private players set…
Will Biden Be As Bad For Oil As Critics Suggest?
There has been a lot of hand-wringing in the oil industry about the consequences of a Joe Biden win, so let’s discuss those today. Here is…
OPEC Cuts Oil Demand Outlook Again As COVID Slows Recovery
For yet another month, OPEC revised down its expectations for global oil demand as the renewed spike in coronavirus cases in major economies is slowing down the oil demand recovery.…
Can Colombia Replicate Brazil’s Offshore Oil Boom?
While offshore Brazil, Guyana and to a lesser extent Suriname are gaining the lion’s share of attention when…
IEA: Return Of Lockdowns To Cut Oil Demand
The renewed lockdowns in major European economies are set to weigh on the oil demand outlook, Keisuke Sadamori, Director of the Office for Energy Markets and Security at the International…
Ghost Rigs Could Become The New Normal In Offshore Oil
As Europe moves into yet another wave of Covid-19 lockdowns, there is growing concern surrounding the future of offshore workers. However, a move to digitalize the industry by…
