 |
WTI Crude •2 days | 62.76 | -0.11 | -0.17% |
|
Brent Crude •2 days | 72.21 | -0.41 | -0.56% |
|
Natural Gas •2 days | 2.664 | -0.010 | -0.37% |
|
Mars US •2 days | 68.56 | -0.31 | -0.45% |
 |
Opec Basket •3 days | 72.61 | +1.35 | +1.89% |
|
Urals •2 days | 70.41 | +0.00 | +0.00% |
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Louisiana Light •3 days | 71.68 | +0.95 | +1.34% |
|
Marine •2 days | 72.46 | +0.46 | +0.64% |
|
Murban •2 days | 73.62 | +0.28 | +0.38% |
|
Iran Heavy •2 days | 66.21 | -0.62 | -0.93% |
|
Basra Light •2 days | 74.00 | -0.20 | -0.27% |
|
Saharan Blend •2 days | 73.55 | -0.64 | -0.86% |
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Bonny Light •2 days | 73.58 | -0.90 | -1.21% |
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Canadian Crude Index •2 days | 44.81 | +0.00 | +0.00% |
|
Western Canadian Select •2 days | 49.77 | +1.20 | +2.47% |
|
Canadian Condensate •86 days | 59.62 | +0.85 | +1.45% |
|
Premium Synthetic •2 days | 63.32 | +0.85 | +1.36% |
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Sweet Crude •2 days | 55.37 | +0.65 | +1.19% |
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Peace Sour •2 days | 53.17 | +0.85 | +1.62% |
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Louisiana Light •3 days | 71.68 | +0.95 | +1.34% |
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Domestic Swt. @ Cushing •2 days | 59.25 | +0.00 | +0.00% |
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Giddings •2 days | 53.00 | +0.00 | +0.00% |
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ANS West Coast •4 days | 72.20 | +1.33 | +1.88% |
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West Texas Sour •2 days | 56.71 | -0.11 | -0.19% |
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Eagle Ford •2 days | 60.66 | -0.11 | -0.18% |
Global Oil Flows At Stake In New Middle East Proxy War
The string of attacks on…
Significant Supply Outages Put OPEC In A Very Difficult Position
Mounting uncertainty over oil supply…
Energy / Crude Oil
Nigeria Boasts Oil Production Cost of $23 Per Barrel
The average production cost for a barrel of oil in Nigeria has declined to just US$23 a barrel, Petroleum Minister Emmanuel Ibe Kachikwu told local media, adding that oil…
Platts Survey: OPEC Oil Production Down To More Than 4-Year Low
Over-delivering Saudi Arabia and blackouts in Venezuela helped push OPEC’s crude oil production down by 570,000 bpd from February to 30.23 million bpd in March—the lowest production from the cartel…
Saudi Arabia Threatens To Drop Dollar For Oil Trades
Saudi Arabia has threatened the United States to stop using dollars for its oil trades in an attempt to discourage legislators from passing a bill dubbed NOPEC aimed at holding…
Russia Seeks New Arctic Oil Frontier
Rosneft, Russia’s state-controlled oil company and the largest oil producer in the country, plans to develop an Arctic cluster of oil fields over the next five years. These plans by…
Why Oil Markets Need New OPEC+ Cuts
As oil prices approach $70 a barrel, Rystad Energy expects that a short-lived price rally through the first half of 2020 will then lose momentum and be…
Canadian Wildcatters Win Big On Alberta’s Oil Cuts
The last year or so has not been kind to Canadian oil producers. Output has been rising as international prices stabilized at higher levels, but pipeline capacity has not changed,…
Oil Falls On Large Crude Inventory Build
Crude oil prices fell today after the Energy Information Administration reported an inventory increase of 7.2 million barrels for the week to March 29. This compared with a 2.8-million-barrel…
Aramco’s Mythical Ghawar Field Could Be Its Weak Spot
Some of the most secretive, highly-anticipated details about the Saudi oil industry have just been released. Saudi Aramco is preparing to launch a major bond issuance to purchase the Saudi…
China Can’t Get Enough Of Brazilian Crude
As the United States leans into sanctions against Venezuelan oil and the administration of contested president Nicolas Maduro, longtime PDVSA buyers have had to look to other Latin American countries…
Alberta Oil Inventories Rise Despite Production Cuts
Crude oil inventories in Canada’s oil province Alberta rose in February despite a government-imposed production cut aimed at propping up the price of Canadian crude and reducing excess supply in…
