 |
WTI Crude •1 day | 21.51 | -1.09 | -4.82% |
|
Brent Crude •1 day | 27.95 | -0.70 | -2.44% |
|
Natural Gas •1 day | 1.671 | -0.018 | -1.07% |
|
Mars US •1 day | 15.36 | -3.59 | -18.94% |
|
Opec Basket •3 days | 26.04 | -0.90 | -3.34% |
|
Urals •2 days | 21.75 | -0.30 | -1.36% |
|
Louisiana Light •3 days | 15.78 | -3.97 | -20.10% |
|
Marine •2 days | 25.08 | -0.64 | -2.49% |
|
Murban •2 days | 26.33 | -0.50 | -1.86% |
|
Iran Heavy •2 days | 14.93 | -2.04 | -12.02% |
|
Basra Light •2 days | 31.88 | -0.45 | -1.39% |
|
Saharan Blend •2 days | 20.92 | -2.93 | -12.29% |
|
Bonny Light •2 days | 22.48 | -2.35 | -9.46% |
 |
Canadian Crude Index •1 day | 8.510 | +0.000 | +0.00% |
|
Western Canadian Select •2 days | 7.200 | -1.890 | -20.79% |
|
Canadian Condensate •2 days | 23.45 | -1.89 | -7.46% |
|
Premium Synthetic •2 days | 23.00 | -1.89 | -7.59% |
|
Sweet Crude •2 days | 18.35 | -1.89 | -9.34% |
|
Peace Sour •2 days | 12.60 | -1.89 | -13.04% |
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Louisiana Light •3 days | 15.78 | -3.97 | -20.10% |
|
Domestic Swt. @ Cushing •2 days | 18.00 | -1.00 | -5.26% |
|
Giddings •2 days | 11.75 | -1.00 | -7.84% |
|
ANS West Coast •4 days | 26.73 | +0.03 | +0.11% |
|
West Texas Sour •2 days | 15.46 | -1.09 | -6.59% |
|
Eagle Ford •2 days | 19.41 | -1.09 | -5.32% |
Looming Recession Sparks New Oil Sell Off
Money managers sold some 180…
Canada Prepares Multi-Billion Dollar Bailout For Its Oil Industry
The federal government of Canada…
Energy / Crude Oil
Saudi Arabia Doubles Down On Production As Prices Crash
Saudi Arabia will continue to supply a record 12.3 million barrels per day (bpd) to the oil market in the coming months, as per order from the energy ministry, the…
Looming Recession Sparks New Oil Sell Off
Travel bans, border closures, and recommendations for self-isolation amid the coronavirus pandemic have aggravated fears of a global recession and pushed money managers to intensify the sell off of crude…
Is Saudi Arabia To Blame For The Looming Economic Recession?
Saudi Arabia has repeated the blunder it made in November 2014 by increasing oil production during an oil-price collapse. In 2014, it led to a depression in the oil industry.…
Oil Nations Could See Income Crash By Up To 85 Percent In 2020
The coronavirus pandemic and collapsing oil prices will slash the oil and gas revenues of vulnerable oil-reliant developing economies by up to 85 percent, the heads of OPEC and the…
Russia Makes Move On Antarctica’s 513 Billion Barrels Of Oil
Rosgeologia’s seismic surveys and other related work since the 70s to now indicate that there is at least 513 billion barrels of oil and gas equivalent in Antarctica,…
OPEC+ Scraps Meeting As Oil War Heats Up
Attempts by some OPEC members to mediate between the cartel’s leader, Saudi Arabia, and Russia have failed and this Wednesday’s meeting of an OPEC+ technical committee has been scrapped amid…
Largest Oil Glut In History Could Force Crude Prices Even Lower
The oil market is heading for the largest ever crude glut in the first half of 2020, which could be two to nearly four times bigger than the biggest surplus…
Why Didn’t Russia Just Cut Oil Production?
Last week OPEC conducted meetings with a coalition of partners that have worked together to limit oil production since 2016. It was widely reported that the group hoped to come…
Big Oil Is Burning Cash In The Permian
Global oil giants are facing ever-increasing public pressure and higher levels of scrutiny over their responsibility to curb harmful greenhouse emissions. Yet, in the sprawling oilfields of Texas, New Mexico…
U.S. Looks To Snag Market Share From Russia In Its Own Backyard
The U.S. State Department has announced "the willingness of U.S. companies to begin immediately selling oil to Belarus at competitive market prices" in a clear signal to Minsk -- and…
