 |
Louisiana Light • 2 days | 87.56 | +0.00 | +0.00% | ||
|
Bonny Light • 1 day | 88.04 | -0.81 | -0.91% | ||
|
Opec Basket • 2 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.656 | -0.035 | -1.30% |
|
Bonny Light • 1 day | 88.04 | -0.81 | -0.91% | ||
|
Girassol • 1 day | 89.07 | -0.57 | -0.64% | ||
|
Opec Basket • 2 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 7 hours | 75.13 | -0.70 | -0.92% | ||
|
Light Sour Blend • 7 hours | 78.18 | -0.70 | -0.89% | ||
|
Syncrude Sweet Premium • 7 hours | 85.13 | -0.70 | -0.82% | ||
|
Central Alberta • 7 hours | 75.53 | -0.70 | -0.92% |
|
Eagle Ford • 2 days | 79.11 | +0.00 | +0.00% | ||
|
Oklahoma Sweet • 2 days | 79.00 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -1.00 | -1.35% | ||
|
Buena Vista • 5 days | 88.82 | +0.60 | +0.68% |
Breaking News:
Tesla Investors Brace for Worst Financial Report in 7 Years
Tesla is expected to report…
A Beginner's Guide to Geoengineering
Amid efforts to counter climate…
Energy / Energy-General
What Really Caused Oil To Rally By 25%?
Oil prices spiked 25 percent on Thursday after President Trump tweeted that Saudi Arabia and Russia would cut production by 10 to 15 million barrels per day (mb/d),…
The Only Logical End To The Oil War
The global oil and gas industry is in a state of utter distress and uncertainty at the moment. At a time where the coronavirus pandemic is decimating oil…
Iraq On The Brink Of Civil War As Oil Revenues Evaporate
For many countries, the ongoing oil price depression has brought about a new era of impending economic implosion. Yet no one seems to suffer as much as Iraq nowadays –…
Oil Majors Rally On Rising Crude Prices
Big Oil’s stocks soared on Thursday, following the surge in oil prices after U.S. President Donald Trump said that he hoped and expected that Saudi Arabia and Russia would remove…
Why A 15 Million Barrel Per Day Cut Will Never Happen
Oil prices exploded on Thursday morning after US President Trump tweeted that he spoke with Saudi Crown Prince Mohammed bin Salman about a…
Russia: Oil Producing Countries Not Discussing Any New Deal
No one has launched any talks about a potential new oil-production deal to replace the OPEC+ format, Dmitry Peskov, press secretary of Russia’s President Vladimir Putin, said on Thursday, hours after…
Oil Price War: Is It Game Over For Trump?
The U.S. government is trying to convince Russia and Saudi Arabia to end the price war, but the Trump administration has few tools at its disposal.
Oil Prices Hit 20-Year Lows, But These Supermajors Are Hanging On Tight
Oil punters have been watching unfolding developments in the energy space with bated breath after Saudi Arabia made good on its promise to ramp up production to 12…
Unprecedented Demand Destruction Marks The Return Of The Super Contango
These days, every corner of the oil market is “unprecedented”—from the demand destruction to the supply surge and the resulting glut. The oil futures curve is no exception…
What Happens If You Can’t Pay Your Electricity Bill?
With over 3 million Americans losing their jobs, and many more forced into lockdown, utilities are facing lower demand and more consumers that can’t afford to pay the…
Coronavirus Could Lead To Mass Layoffs In Oil And Gas
As Covid-19 continues to shut down large swathes of the world, denting oil demand at a time when Saudi Arabia and Russia are set to increase supply, oil…
Who Is Really Responsible For The Oil Price War
At the end of March, Urals spot prices in northwestern Europe fell below $15 per barrel, a huge drop from the end of February when Urals spot prices had exceeded…
$1 Oil: Saudi Arabia's Attempt To Crush U.S. Shale
After having crashed nearly 70 percent in the first three months of 2020, benchmark WTI prices are trying to form a bottom around $20 per barrel. But this…
U.S. Drillers Face Doomsday Scenario As Some Crude Blends Hit $1
As the oil war and coronavirus demand destruction rage on, WTI crude prices briefly dipped below $20 per barrel, but many prices aren’t even fetching $20 per barrel…
The First Victims Of The Oil Price War
As the oil price war and coronavirus pandemic rage on, it’s becoming increasingly clear that the energy market can remain choppy and irrational longer than entire nations can…
Oil Stocks Haven’t Hit The Bottom Just Yet
It’s hard to overstate the nature of what has happened in the oil markets since the beginning of the coronavirus (COVID-19) outbreak in early January. At that time,…
The U.S. Is About To Lose Its Place As The World’s Largest Oil Producer
The United States may lose its top spot among oil producers globally this year, according to economists. With oil prices continuing their slide and Saudi Arabia…
The Inevitable Collapse Of Global Oil Production
Investor Alert: After making a 40 percent return in the space of three days, our Global Energy Alert subscribers have been advised not to buy…
The U.S. Can’t Afford To Let Shale Fail
It’s no secret that the growth of U.S. shale oil has been a thorn in the sides of both Saudi Arabia and Russia. They have seen their market…
Shale’s Comeback Could Be Better And Bigger Than Ever Before
Earlier this month global oil prices fell more sharply in one day than they have in nearly 30 years. The cause was a snowball effect driven by a…
