 |
Louisiana Light • 2 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 196 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 hours | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 1 day | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 1 day | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 1 day | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 1 day | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 1 day | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 2 days | 75.71 | +0.60 | +0.80% | ||
|
Oklahoma Sweet • 2 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 2 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 3 days | 83.26 | +0.61 | +0.74% |
Breaking News:
Trans Mountain Expansion: A Game-Changer for Canadian Oil Prices
The rise in pipeline egress…
U.S. Oil and Gas Production Continues to Shatter Records
The United States continues to…
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Why A Windfall Profit Tax Would Be A Disaster For U.S. Oil
The Biden administration has made no secret of their disdain for traditional energy sources that derive from petroleum sources, favoring instead, so-called “green energy” alternatives. In fact on…
Former Texas Regulator: It Could Take Years To Replace Russian Oil
The global oil market could take five to ten years to replace all the 10 million barrels per day of oil that Russia currently produces, Ryan Sitton, a former member…
Canada Considers Ramping Up Oil Exports To U.S.
Canada is looking for ways to increase pipeline flows of crude oil to its southern neighbor, Canadian natural resources minister Jonathan Wilkinson told Reuters in an interview. "We are…
Oil Rises As UAE Backtracks On OPEC Output Boost Statement
The UAE has taken a step back from assurances it would encourage fellow OPEC members to boost their production above their agreed quotas to help rein in runaway oil prices.…
Employees Are Pressuring Big Oil Firms To Pull The Plug On Russia
While governments were deciding whether to introduce sanctions on Russia and oil companies were choosing whether to move away from their oil operations in the country, an unexpected…
Some Much Needed Substance On The Russian Oil Debate
Events occur in the energy market almost too fast to properly catalog these days. The torrent of information is cacophonous as one dire prediction for the direction of…
The One Bearish Catalyst For Oil Right Now
In the two weeks since Russia's invasion of Ukraine, oil prices have rallied by more than $30 to top $130 per barrel as concerns about disruptions to Russian…
Only OPEC Can Help The West Replace Russian Oil
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Oil Prices Crash By 11% As UAE Calls On OPEC To Open The Taps
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U.S. Wants Venezuelan Oil In Exchange For Sanction Relief
The United States wants Venezuela to commit at least part of its oil exports to U.S. refineries as a condition for Washington to consider providing sanction relief to the South…
Surprise Crude Draw Bolsters Oil Prices
Oil prices got some support from bullish EIA data today after the U.S. Energy Information Administration reported a crude oil inventory draw of 1.9 million barrels for the week…
Saudi Arabia Reaffirms Commitment To Russia Despite War In Ukraine
Saudi Arabia’s Crown Prince Mohammed bin Salman (MbS) reiterated last week his country’s “commitment to the ‘OPEC+’ agreement” – working alongside the agreement’s…
Canceling Keystone XL May Have Been Biden’s Biggest Blunder
Some readers won’t get past the headline before rendering the opinion that I obviously don’t care about climate change. That is false. My views on climate change are…
IEA Ready To Release Additional Oil From Reserves As Prices Surge
The members of the International Energy Agency are ready to release more oil from their strategic emergency reserves to tame the surging oil prices, the IEA’s Executive Director Fatih Birol…
Oil Prices Jump As Biden Announces Full Ban On Russian Energy Imports
The United States announced a ban on imports of Russian energy products on Tuesday, without the participation of the allies in Europe. The ban includes not only Russian oil, but…
OPEC Discusses Oil Market With U.S. Shale Executives
OPEC officials and U.S. shale industry executives met at the CERAWeek conference this week to discuss the situation on global oil markets, and the results of the meeting do not…
U.S. Shale Cannot Offset Loss Of Russian Crude In The Short Term
Despite its flexibility to respond to soaring oil prices, the U.S. shale patch cannot come to the rescue of the increasingly tightening global oil market with some Russian crude not…
U.S. Sanctions Can’t Keep China From Buying Russian Oil
China has proven with Iran that it has much practice and great skill in working around sanctions, and the U.S. has made it even easier to do so…
Is $150 Oil Inevitable?
Oil surged to $130 a barrel at the start of trade on Monday, and now analysts and industry professionals say that prices could…
U.S. Considers Imposing Russian Oil Ban Without EU Allies
The United States is considering banning imports of Russian oil without the participation of its European allies, at least at an initial stage of putting further pressure on Putin’s largest…
