 |
WTI Crude •11 mins | 54.26 | +0.36 | +0.67% |
|
Brent Crude •12 mins | 62.41 | +0.27 | +0.43% |
|
Natural Gas •10 mins | 2.323 | +0.012 | +0.52% |
|
Mars US •2 hours | 59.20 | +2.17 | +3.81% |
|
Opec Basket •2 days | 61.60 | +0.35 | +0.57% |
 |
Urals •20 hours | 57.15 | -0.95 | -1.64% |
|
Louisiana Light •2 days | 59.82 | -0.53 | -0.88% |
|
Marine •2 days | 60.73 | +0.77 | +1.28% |
|
Murban •2 days | 61.83 | +0.78 | +1.28% |
|
Iran Heavy •2 days | 54.90 | -0.74 | -1.33% |
|
Basra Light •2 days | 61.94 | -1.05 | -1.67% |
|
Saharan Blend •2 days | 61.33 | -0.89 | -1.43% |
|
Bonny Light •2 days | 62.37 | -0.64 | -1.02% |
|
Canadian Crude Index •2 hours | 36.98 | +0.00 | +0.00% |
|
Western Canadian Select •4 hours | 40.93 | -0.58 | -1.40% |
|
Canadian Condensate •1 day | 47.58 | -0.58 | -1.20% |
|
Premium Synthetic •4 hours | 52.38 | -0.58 | -1.10% |
|
Sweet Crude •4 hours | 46.93 | -0.58 | -1.22% |
|
Peace Sour •4 hours | 45.93 | -0.58 | -1.25% |
|
Louisiana Light •2 days | 59.82 | -0.53 | -0.88% |
|
Domestic Swt. @ Cushing •20 hours | 50.50 | +2.00 | +4.12% |
|
Giddings •20 hours | 44.25 | +2.00 | +4.73% |
|
ANS West Coast •5 days | 59.45 | -2.66 | -4.28% |
|
West Texas Sour •20 hours | 47.85 | +1.97 | +4.29% |
|
Eagle Ford •20 hours | 51.80 | +1.97 | +3.95% |
Small Crude Build Sends Oil Lower
Oil prices continued to fall…
Analysts: 2019 Oil Demand Growth Could Be Lowest In Years
While OPEC and Russia are…
Energy / Crude Oil
The Single Most Bullish Indicator For Oil
Oil prices have gone through a significant correction over the past few weeks, with WTI crude dropping from a six-month high of $66.30/barrel on April 23 to…
OPEC Considers Extending Production Cuts Till End-2019
OPEC and its partners may decide to keep the oil production cuts until the end of the year as the cartel fears a steep price drop if cuts were to…
Why Oil Is Still Underpriced
Oil prices seesawed over the past week, jerked higher by tension in the Middle East but dragged down by fears of the fallout from the U.S.-China trade war. In fact,…
Iran’s Trick To Sell Oil For A 30% Premium
Given the U.S.’s deployment earlier this month of an aircraft carrier battle group to the Persian Gulf and comments that it may send up to 120,000 troops to…
Global Oil Shipping Concerns Rise Over Middle East Tensions
While global oil markets are accustomed to factoring geopolitical uncertainty into oil prices, this kind of geopolitical fallout hasn’t been seen for a number of years. The world’s largest oil…
Stalemate In Libya Could Cause Next Major Oil Supply Outage
The fighting in Libya has devolved into a protracted stalemate, which does not bode well for the country’s oil production. General Khalifa Haftar and his militia, the Libyan National Army…
Mystery Tanker With Iranian Oil Unloads In China
A tanker carrying Iranian fuel oil has reached its destination at a Chinese port and has unloaded its cargo in storage tanks, Reuters reports, citing shipping data. The shipment…
No, The Oil Glut Hasn’t Disappeared
Global oil demand may be a bit lower this year than previously thought, weighed down by weaker consumption rates in emerging markets. The International Energy Agency lowered its demand growth…
Undeterred By Peak Oil, Saudis Look To Become World’s Largest Oil Trader
Saudi Arabia’s state oil giant Aramco says that it doesn’t believe all the ‘peak oil demand hype’ and expects that its crude oil will be in high demand for decades…
Putin Could Cut His Loss As Venezuelan Oil Output Nosedives
Venezuela’s oil production held up last month, but appears to be falling off a cliff once again. Output in Venezuela rebounded a bit in April, following the horrific electricity…
