 |
Louisiana Light • 4 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 184 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 15 mins | 2.550 | -0.005 | -0.19% |
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 3 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 3 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 3 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 3 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 3 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 4 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 4 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 6 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 7 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Oil Prices Climb as Bullish Catalysts Build
Oil prices are set to…
Biden Aims to Bridge the Decarbonization Divide With $7 Billion Solar Initiative
There are disparities in climate…
Energy / Energy-General
Oil Climbs As U.S. Pushes For An End To The Price War
Oil prices continued to rise for the third day in a row, recovering earlier losses as U.S. lawmakers pressure Saudi Arabia to end the oil war.The ongoing oil…
The Impossible Challenge Of Powering An Ever-Growing Population
In the period 1975 to 2019, world population increased at an average pace of 83 million per year. The 2019 increase was the difference between approximately 140 million…
Oil Price Slide Accelerates On Crude Inventory Build
As the oil industry continues to struggle with oil price shocks, the U.S. Energy Information Administration reported a crude oil inventory build of 1.6 million barrels for the week to March…
Prepare For The Next Wave Of Oil Bankruptcies
Last year, the energy industry was rocked by record bankruptcies and write-downs that did not spare even the oil majors. According to Energy and Restructuring…
Here’s Why Big Oil Stocks Are Rallying
Under normal circumstances, a company's management suspending a share buyback program is construed to mean that it lacks confidence in the future or thinks the shares are overvalued, meaning the…
The Oil Price Rebound Won’t Last
Both oil and stocks rallied on Tuesday morning as news of a Fed stimulus initiated some bullish sentiment in markets, but poor fundamentals are likely to drag oil…
Oil Prices Are Set To Plunge Again
Oil prices have been on the slide for more than two weeks now, and they will, in all likelihood, continue downward despite the respite from the United States…
Oil Jumps As Fed Pledges “Unlimited” Cash To Bolster The Economy
Oil prices jumped by 4 percent early on Tuesday after the U.S. Federal Reserve launched on Monday extensive new measures to support the economy as the coronavirus pandemic spreads. But…
Oil Majors Are Preparing For $10 Oil
The wave of oil industry spending cuts continues, with the majors now announcing significant reductions to spending as oil remains stuck in the $20s. Royal Dutch…
The Oil Price War Could End Maduro’s Regime
With the current oil price war raging across the globe, the heavyweights of Saudi Arabia, Russia and UAE have been offering significant volumes and discounts into the market, crushing the…
Oil Majors Slash Spending Amid Price Plunge
Shell became the latest oil major to announce significant spending cuts to protect its balance sheet from crashing oil prices, joining other majors such as Exxon in the drive to…
What Will It Take To See $65 Oil Again This Year?
Right after Saudi Arabia-led OPEC and Russia broke up their pact to keep oil supply and prices in check, some in the U.S. oil industry were optimistic that oil prices…
Saudi Arabia’s Deficit To Soar As Oil Price War Rages On
Saudi Arabia could book a budget deficit of as much as $61 billion this year under the double blow of the coronavirus pandemic and the global oil glut,…
US Oil Turns Its Back On The Permian As Prices Crash
Amid crashing oil prices, oil firms are rushing to cut budgets and exposure to the most prolific shale basin in the United States, the Permian, yet industry bodies expect the shale…
Russia Moves In On European Gas Markets As Oil Prices Crash
Russia sees a silver lining in the oil price collapse—it now believes that the oil price war will help it win the war for natural gas market share…
Not Even Higher Oil Prices Can Save U.S. Shale
The U.S. shale industry is burning through cash so fast that even the state of Texas is looking at government rationed production targets. Texas Railroad Commissioner…
U.S. In Lockdown: The Biggest Threat To The Oil Industry Ever?
The SARS CoV2 virus that is behind the COVID-19 pandemic has finally ravaged the United States, and cities and states are reacting to its brutality by shutting stuff…
Oil Nations Scramble To Beat The Coronavirus
Among the world’s 20 biggest oil-producing countries, there’s only one that has--as far as anyone really knows--escaped the coronavirus, but it’s got problems that are just as big. …
Do Saudi Arabia And Russia Really Want To Kill U.S. Shale?
Since 2016, as an informal leader of the 13-strong non-OPEC group, Russia has been instrumental in the pricing of oil as Saudi Arabia, leading producer in the Organization…
What Happens If Oil Prices Go Negative?
Various reports hit the news feeds today quoting a deliberately headline-grabbing statement by Paul Sankey, managing director at Mizuho Securities, in which he is reported as saying, “Oil…
