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WTI Crude •10 mins | 59.81 | -0.83 | -1.37% | |
Brent Crude •10 mins | 62.88 | -0.81 | -1.27% | |
Natural Gas •10 mins | 2.779 | +0.002 | +0.07% | |
Mars US •53 mins | 60.04 | -0.91 | -1.49% | |
Opec Basket •4 days | 64.37 | -1.05 | -1.61% | |
Gasoline •10 mins | 1.916 | -0.027 | -1.39% | |
Louisiana Light •4 days | 63.95 | -1.93 | -2.93% |
Marine •20 hours | 64.15 | -0.12 | -0.19% | |
Murban •20 hours | 64.55 | -0.12 | -0.19% | |
Iran Heavy •20 hours | 61.83 | -0.17 | -0.27% | |
Basra Light •20 hours | 64.10 | -0.59 | -0.91% | |
Saharan Blend •20 hours | 64.62 | -0.29 | -0.45% | |
Bonny Light •20 hours | 63.96 | -0.37 | -0.58% |
Canadian Crude Index •20 hours | 49.21 | -0.85 | -1.70% | |
Western Canadian Select •3 hours | 49.90 | -2.03 | -3.91% | |
Canadian Condensate •19 hours | 60.50 | -2.03 | -3.25% | |
Premium Synthetic •19 hours | 61.90 | -2.03 | -3.18% | |
Sweet Crude •3 hours | 59.20 | -1.83 | -3.00% | |
Peace Sour •3 hours | 56.00 | -2.03 | -3.50% |
Louisiana Light •4 days | 63.95 | -1.93 | -2.93% | |
Domestic Swt. @ Cushing •4 days | 58.00 | -2.00 | -3.33% | |
Giddings •4 days | 51.75 | -2.00 | -3.72% | |
ANS West Coast •5 days | 66.28 | -0.01 | -0.02% | |
West Texas Sour •4 days | 55.76 | -1.72 | -2.99% | |
Eagle Ford •4 days | 59.71 | -1.72 | -2.80% |
Oil prices continue to recover…
U.S. crude oil production has…
Crude oil prices today moved higher after the Energy Information Administration reported an inventory draw of 600,000 barrels for the week to December 18. This compared with a
ConocoPhillips has made a large oil discovery in the Norwegian Sea close to a producing oilfield, the U.S. oil and gas company said on Tuesday. Preliminary estimates point to…
More than 40 oil and gas companies in the United States filed for bankruptcy protection in the first eleven months of this year, according to Haynes & Boone’s latest
A string of crises has engulfed Peru, Latin America’s sixth-largest economy, since the start of 2020. If the marked impact of the COVID-19 pandemic on Peru were not…
Despite renewed fears about oil demand due to the new coronavirus strain, the leader of the non-OPEC group in the OPEC+ pact, Russia, is still in favor of another 500,000…
India, the world’s third-largest oil importer and consumer, turned from the worst-performing demand market in July into one of the fastest-growing fuel demand markets in November, lending support…
Proverbs tell us a great deal about how a views the same phenomenon. Brits would say that necessity is the mother of invention whilst many Eastern European nations…
Protracted economic crises always challenge the forbearance of governments and militaries across the world when it comes to border disputes, be they maritime or onshore. The case of…
The Rockefeller Foundation, set up by John D. Rockefeller in 1913, has decided to divest from fossil fuels and not make any new investment in the industry, the president of…
Russia is successfully weaning itself off oil revenues, President Vladimir Putin said today during an annual end-of-the-year news conference, as quoted by RT. "This means that, while we're not…
Smack dab in the middle of an oil price crisis caused by an unprecedented demand loss, Exxon announced the latest in a string of discoveries off the eastern…
Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory decline of 3.1 million barrels for the week to December 11. The report came…
Oil prices have finally hit $50 last week, a projection that we made back in June this year. Bullish sentiment prevailed in the oil markets over…
The OPEC+ group of producers must continue to calibrate the easing of its collective oil production cuts to the still fragile global oil demand in the pandemic, Abdelmajid Attar, the…
Continued low demand for jet fuel will account for 80 percent of next year’s 3.1-million-bpd gap in oil demand compared to pre-pandemic levels, the International Energy Agency (IEA) said…
Having just recently agreed a new production quota, which along with vaccine hype has spurred oil prices to their highest since March, OPEC just reduced projections for global fuel consumption in…
Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 12 to 338. The total number of active oil and gas rigs increased…
After a week of contentious OPEC+ discussions, in which the UAE played a key role, it appears that the Abu Dhabi National Oil Company (ADNOC) is now aggressively…
The pandemic-inflicted oil demand crash and price collapse did not spare any segment of the oil industry. U.S. drillers and refiners cut oil and fuel production after demand…
The energy industry has been plagued by the sharp and deep drop in oil demand for months, and the outlook does not look too good either—with or without…