 |
Louisiana Light • 2 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 1 day | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 15 hours | 2.555 | -0.041 | -1.59% |
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Bonny Light • 1 day | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 1 day | 85.44 | -0.34 | -0.40% | ||
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Opec Basket • 2 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 1 day | 72.15 | -0.05 | -0.07% | ||
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Light Sour Blend • 1 day | 75.20 | -0.05 | -0.07% | ||
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Syncrude Sweet Premium • 1 day | 82.15 | -0.05 | -0.06% | ||
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Central Alberta • 1 day | 72.55 | -0.05 | -0.07% |
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Eagle Ford • 2 days | 75.43 | -0.05 | -0.07% | ||
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Oklahoma Sweet • 2 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 4 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 5 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Developing Nations Look to Balance Oil and Gas Opportunity with Climate Concerns
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Energy / Crude Oil
Oil Jumps On Large Crude Inventory Draw
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Kurdistan Continues Oil Exports To Iran Despite U.S. Sanctions
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Venezuela Fails To Sell Its Heavy Crude Amid Dwindling Supply
More than eight million barrels of Venezuelan crude oil is sitting in tankers as U.S. sanctions are preventing the country from selling the commodity worth about half a billion dollars,…
Why Oil Tanker Rates Just Doubled
Tanker demand and freight rates are usually a reliable metric of oil demand patterns and trends. They are also among the factors that taken together might suggest what the future…
Saudi Oil Production Lags Behind Peers In The Mid-East
In this final installment of a series (See also Article 1 and Article 2) examining Saudi Arabia’s oil reserves, I want to examine several metrics to see how they stack up against…
Shell Sees Global LNG Trade Spiking This Year
More developments are underway that show just how far global liquefied natural gas (LNG) markets have progressed in the last five years. Until recently, the super-cooled fuel was mostly bought…
Hydrogen Cars Struggle To Compete With Electric Vehicles
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The Oil Producer OPEC Is Overlooking
While everyone is talking about how surging U.S. crude oil production will offset a large part of the ongoing OPEC/non-OPEC production cuts, there are other oil producers not taking part…
European Oil Demand Is Shockingly Weak
One of the unexpectedly soft spots in global oil demand recently has been in Europe. To be sure, Europe was never expected to be a major driver of oil demand…
Cracks Begin To Form In Saudi-Russian Alliance
Could cracks be forming in the bromance between Saudi Arabia and Russia over oil production quotas? According to one analyst, the answer could be - yes. The background for one…
EIA Inventory Report Pushes Oil Prices Lower
The Energy Information Administration reported a crude oil inventory build of 3.7 million barrels for the week to February 15, versus an increase of 3.6 million barrels in…
How Sanctions Are Helping The U.S. Become A Net Oil Exporter
It’s easy to forget now, but just a few short years ago the United States was the biggest oil importer in the world by a considerable margin, and sold exactly…
Morgan Stanley: New Oil Discovery Could Spur China’s Shale Boom
A PetroChina test oil well at a shale field in western China could finally mean a strong commercial potential for shale oil for the first time in the world’s…
Cheaper Natural Gas Is Coming To Europe
The European Union recently updated its gas pipeline rules in a bid to assuage concerns about its deepening dependence on Russian gas. The move was generally praised by Nord…
Why The Oil Rally Isn’t Over Yet
Crude oil sentiment is shifting in a bullish direction, with OPEC+ cuts and a growing list of serious outages taking supply off of the market. Saudi Arabia recently signaled that…
Bank Of America: Oil ‘Anchored’ Until 2024
Brent oil prices should trade between a relatively narrow range of $50 to $70 per barrel through 2024, with prices “anchored” around $60, according to a new report from Bank…
Does Saudi Arabia Really Have As Much Oil As Analysts Think?
Officially, Venezuela has the world’s largest crude oil reserves with 303 billion barrels of proved reserves. But, a lot of this oil is extra-heavy crude oil, and may not be…
U.S.-China Trade Deal Could Boost Gasoline Prices
After months of persistent concerns that global economy will suffer from a heated U.S.-China trade war, leading to lower oil demand growth in the world, renewed hopes that an agreement…
World’s Largest Offshore Oil Field Partially Shut Down
The Safaniyah oil field in Saudi Arabia—the world’s largest—is producing at a reduced capacity after a ship’s anchor cut a main power cable, Reuters reports citing a knowledgeable source.…
Emerging ‘Quality’ Problem To Haunt Oil Markets
Quality matters, not quantity. That was the message from the International Energy Agency (IEA) in its latest Oil Market Report. The world has plenty of oil, but perhaps not the…
