 |
WTI Crude •2 days | 64.07 | +0.20 | +0.31% |
|
Brent Crude •2 days | 71.97 | +0.35 | +0.49% |
 |
Natural Gas •2 days | 2.535 | -0.024 | -0.94% |
|
Mars US •2 days | 68.10 | +0.24 | +0.35% |
|
Opec Basket •3 days | 70.81 | +0.70 | +1.00% |
|
Urals •2 days | 69.94 | +0.00 | +0.00% |
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Louisiana Light •2 days | 71.17 | +0.31 | +0.44% |
|
Marine •2 days | 71.12 | -0.10 | -0.14% |
|
Murban •2 days | 72.29 | -0.33 | -0.45% |
|
Iran Heavy •2 days | 64.77 | +0.11 | +0.17% |
|
Basra Light •2 days | 73.92 | +0.57 | +0.78% |
|
Saharan Blend •2 days | 71.66 | +0.08 | +0.11% |
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Bonny Light •2 days | 72.43 | +0.12 | +0.17% |
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Canadian Crude Index •2 days | 51.10 | +0.00 | +0.00% |
|
Western Canadian Select •2 days | 54.47 | -0.18 | -0.33% |
|
Canadian Condensate •57 days | 60.62 | -0.18 | -0.30% |
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Premium Synthetic •2 days | 64.72 | -0.18 | -0.28% |
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Sweet Crude •2 days | 59.62 | -0.18 | -0.30% |
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Peace Sour •2 days | 57.62 | -0.18 | -0.31% |
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Louisiana Light •2 days | 71.17 | +0.31 | +0.44% |
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Domestic Swt. @ Cushing •2 days | 60.50 | +0.00 | +0.00% |
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Giddings •2 days | 54.25 | +0.00 | +0.00% |
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ANS West Coast •3 days | 71.84 | -0.28 | -0.39% |
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West Texas Sour •2 days | 57.95 | +0.24 | +0.42% |
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Eagle Ford •2 days | 61.90 | +0.24 | +0.39% |
BP Pulls Out Of China’s Shale Patch
Poor exploration results have led…
China’s Newest Oil Hotspot Is In America’s Backyard
China is ramping up its…
Energy / Crude Oil
This New Oil Hotspot Is Replacing Venezuelan Crude
The U.S. sanctions on Venezuela’s oil industry have tightened the global heavy to medium crude oil market, sending oil buyers scrambling for alternatives to the heavy Venezuelan oil. Refiners…
Did Russia Just Call The End of The OPEC Deal?
OPEC and heavyweight Russia may fight America for its share of the oil market, Russia’s Finance Minister Anton Siluanov told TASS on Saturday, even if it means quitting the OPEC…
‘’Rock Solid’’ Chinese Demand Boosts Oil Prices
The oil market is dramatically tighter than it was only a few months ago, driven by both supply cuts and outages, as well as by the surprising “resilience of demand,”…
Permian Takes The Crown As World’s Top Oil Field
Last week Saudi Aramco — the national oil company of Saudi Arabia and the world’s largest oil company — lifted a veil of secrecy around the company’s operations. For the…
Is This The End Of The OPEC Deal?
Oil prices ran into a brick wall on Thursday, falling more than 1 percent on news that U.S. inventories jumped and OPEC may be considering an exit from its production…
BP Pulls Out Of China’s Shale Patch
BP is set to become the latest international major to quit drilling for shale gas in China because of poor exploration drilling results so far, Reuters reported on Thursday,…
Shale Jobs In Jeopardy Despite Oil Price Rally
Oil prices are climbing to new heights, but many shale companies are not exactly riding high. U.S. shale drillers have run into a series of problems that have resulted…
Oil Rallies As OPEC Production Falls
The below OPEC charts were taken from data in the OPEC Monthly Oil Market Report. All data is through March 2019 and is in thousand barrels per day.
OPEC Oil Output Dips To Four-Year Low As Cartel Tightens Market
OPEC’s crude oil production dropped by more than 500,000 bpd month on month in March, to the lowest since February 2015, as Saudi Arabia followed through its commitment to cut…
Oil Rallies Despite Large Crude Build
Crude oil prices brushed off the Energy Information Administration inventory report today, which saw a 7-million-barrel build in crude oil inventories for the week to April 5. The authority…
