 |
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 • 1 day | 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% | ||
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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:
Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June
Despite some crude inventory builds…
Exxon's $60 Billion Pioneer Deal Set to Create Energy Supergiant
The FTC is expected to…
Energy / Crude Oil
Airstrikes Disrupt Production At Libyan Oilfield
Airstrikes have once again disrupted production of Libya’s El Feel oilfield on Wednesday, after the eastern-based Libyan National Army, led by Khalifa Haftar, retaliated after forces loyal to the…
OPEC Optimism Lifts Oil Prices
Oil prices inched higher on Tuesday morning as OPEC-driven optimism returned to markets with the cartel announcing the date of its December meeting
IEA Warns Of A Looming Oil Glut Ahead Of OPEC Meeting
Strong oil supply growth from non-OPEC countries puts a lot of pressure on OPEC and its Russia-led partners to act, and they will hopefully make the right decision for themselves…
Iraq Is Finally Ready To Solve Its Biggest Oil Problem
The central Iraqi government said it had reached an agreement “in principle” with the government of semi-autonomous Kurdistan on the terms of sharing the oil production of the northern Iraqi…
New Iranian Attack On Saudi Oil Is ''Very Possible''
Despite the buildup of U.S. military presence in the Persian Gulf, Iran may “attack again,” the chief of the U.S. Central Command, General Kenneth McKenzie told Foreign Policy in an…
Saudi Arabia Boosts Exports To World’s Leading Oil Importer
The world’s biggest oil exporter, Saudi Arabia, saw its crude oil sales to the world’s top oil importer, China, surge by 76 percent year on year in October, driven…
This Oil Niche Is Performing Well Even With Low Prices
Energy stocks have had an up and down year. But one segment of the energy sector has been unfairly punished in my opinion, even though it has been financially healthier…
Did Oil Really Save The Whales?
If it weren’t for the discovery of crude oil, whales would have been hunted to extinction for blubber. We’ve all heard the argument, and it makes sense from this perspective:…
99 Oil Rigs Gone And Counting: Rig Count Falls Again
The US oil and gas rig count continued to fall this week, according to Baker Hughes, falling another 3 rigs for the week, according to Baker Hughes. For oil rigs,…
Is Big Oil Wasting Its Time in The US Shale Patch?
Growth in the U.S. shale industry is dramatically slowing down, with cash-strapped drillers slashing spending and scrapping rigs. At the same time, the oil majors are consolidating their position and…
U.S. Shale To Break Records Despite Bearish Rhetoric
Crude oil production in the U.S. shale patch is seen rising by 49,000 bpd next month to a record-high daily average of 9.133 million barrels. That’s according to the latest…
U.S. Shale Producers Slash Spending Once Again
For a second consecutive year, U.S. shale producers are finding themselves cutting capital spending for the following year, as investors continue to demand returns from the frenzied drilling over the…
Venezuela Is Using Invisible Oil Tankers To Skirt Sanctions
U.S. sanctions on Venezuela have been squeezing the life out of its economy in an attempt to remove the government of Nicolas Maduro from power, but so far those sanctions…
The Real Winner Of The OPEC+ Pact
Russia has made more money than Saudi Arabia from the production cut pact this year, while the Saudis have reduced output three times the volume Russia has cut, Bloomberg
The Truth Behind Iran’s “Massive” Oil Find
Iranian President Hassan Rouhani announced proudly this weekend that Iran had discovered a massive new oil field containing more than 50 billion barrels of reserves—a figure that would increase…
The Uncertain Fate Of U.S. Shale In 2020
There is quite a bit of disagreement over how much U.S. shale will grow next year, and a lot hinges on the magnitude of the slowdown. The three main energy…
Oil Prices Fall On Bearish EIA Inventory Report
Crude oil price dipped today after the Energy Information Administration reported a crude oil inventory increase for the week to November 8. At 2.2 million barrels, the increase extended…
Icahn: Occidental Won't Hit Target Without Asset Sale
Activist investor Carl Icahn has called on Occidental Petroleum’s management to sell assets in order to hit its divestment target following the $38-billion purchase of Anadarko, Bloomberg reports,…
The World’s Most Vulnerable Oil
A single drone missile can wreak as much havoc on the oil markets as a world war at this point. If one already obvious point was hit home on September…
OPEC Is Desperate For A Trade War Resolution
The U.S. and China will reach a trade deal, and therefore remove the “dark cloud” hanging over the oil market, OPEC Secretary General Mohammad Barkindo said on the sidelines…
