 |
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 • 10 mins | 2.560 | +0.005 | +0.21% |
|
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:
The UK Emerges as a Leading Financial Center for Sustainable Investment
The UK and UAE are…
How Will Energy Stocks Respond to This Earnings Season?
As we kick off Q1…
Energy / Energy-General
The New ‘Must-Have’ For Energy Hedge Funds
Not too long ago, green investing was associated with a warm moral glow, but it wasn’t mainstream--not by a long shot. Increasing climate awareness, a growing shift in policy, and…
Iran Boosts Oil Recovery Rate To Counter U.S. Sanctions
Given the gaps available to Iran in the current U.S. sanctions environment to continue to export its oil – principally via rebranding as Iraq oil and various shipping scams…
Short Selling In Oil Slows After Initial Coronavirus Panic
Money managers continued to liquidate long positions in the petroleum futures last week, but the pace of rising shorts has slowed after the early market panic about the impact of…
Tanker Traffic Jam Points At Chaos In Asian Oil Markets
Covid-19's effect on global energy markets has been disastrous. OPEC slashed its oil demand forecast last week, and Goldman Sachs doubled down on its bearish oil take and has cut its…
Why Oil Traders Are Stockpiling Crude
Commodity trading houses and the trading units of oil majors have hired oil storage in South Korea to keep crude in tanks until Chinese and general Asian demand recovers from…
Libya Faces Disaster If Oil Blockade Continues
Libya is facing financial disaster if the Libyan National Army does not lift the oil port blockade, the Prime Minister of the UN-recognized Government of National Accord said as
Oil Suppliers Slash Prices To Save Asian Market Share
As the coronavirus continues to take a toll on oil markets, competition is heating up for crude oil suppliers—all of which are vying for a piece of the dwindling oil…
Is This Technology The Secret Sauce For EVs?
Back in 2014, the Ford Motor Company mesmerized the world when it revealed it had 3D printed the engine cover for the all-new Ford Mustang, marking the earliest instances…
Real Energy Independence Is An Illusion
Ultimately, energy independence is an illusion in the era of globalization because the hyper connectedness of the market makes it impossible. Still, it’s a never-ending battle cry that ends up…
Can Digital Tech Solve Oil’s Talent Crisis?
The oil industry isn’t just struggling to maintain a modicum of positive reputation under the growing anti-fossil fuel pressure from multiple sides--it’s also struggling to render itself attractive to the…
Canada Rocked By Anti-Pipeline Protests
Protests continue to swell over the Coastal Gaslink Pipeline, a long-distance pipeline carrying natural gas from Alberta to the Pacific Coast. The pipeline’s route would travel more than 400 miles…
Is This The Tipping Point For Coal Production?
After a Jekyll and Hyde year in 2019, and a decade characterised by China’s disruption of the met coal trade, participants can be forgiven for being sick of change. But…
Russia Doubles Down On Its Arctic Ambitions
On January 30, the Russian government approved a number of acts concerned with rendering new economic benefits and subsidies to businesses or investors willing to engage in projects in the…
Russia Is The Critical Factor In Oil Markets Right Now
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are edging higher on Friday as investors continue to increase bets that OPEC and its allies will come through with…
Is The Permian Basin Getting Gassier?
1. Is the Permian getting gassier?- “We expect Permian gross gas production to increase by…
The Coronavirus Impact On Oil Demand
Market Movers - Rystad Energy this week predicted that because of the coronavirus, global oil demand would grow by only 820,000 bpd this year, down from its earlier forecast of…
Oil May Be Down But It’s Certainly Not Out
It may sound crazy to say this given where oil futures are trading, but in some ways, this has been the most positive week or so for crude for some…
Turkey’s Plan To Sabotage Israeli Gas
Turkey: The Spoiler Nation Turkey’s regional scheming and meddling everywhere from Cyprus and Syria to Libya is about one overriding thing: Israeli gas. If Israel, Greece and Cyprus make good…
Oil Markets Bounce Back As Coronavirus Fears Fade
It seems that oil markets have decided that the coronavirus worst-case scenario that sent prices below the $50 mark is increasingly unlikely, with WTI now moving back up towards $52.…
Oil Rig Count Inches Higher As Prices Stabilize
Baker Hughes reported that the number of oil and gas rigs in the US held fast yet again this week at 790, with the total oil and gas rig falling…
