 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 hour | 2.745 | +0.011 | +0.39% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 5 mins | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 5 mins | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 5 mins | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 5 mins | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Hedge Funds Dump U.S. Energy Stocks to Buy Crude Options
Following a rally in energy…
A Rarely Used Technique Could Double U.S. Grid Capacity
A rarely used technique called…
Energy / Energy-General
The Next Leg Higher For Oil Prices
This week in oil is all about last week. Which is to say, the main force pushing markets is still the digestion of Trump’s surprise move to end Iran’s waiver…
The Militarization Of Libya’s Oil Industry
Haftar Could Theoretically Take Over Libya’s Oil Exports Without Tripoli As General Haftar continues his offensive designed to take control of Tripoli and oil revenues, he is using the National…
The Biggest Losers From The Iran Sanctions
The 6-month waivers granted by the Trump Administration to eight jurisdictions expired this weekend and the White House has made all but clear that it intends not to prolong any…
LNG: A Growing Factor In Oil Demand Destruction
The global population of plug-in electric vehicles (PHEVs) is expected to reach 8.5 million by the end of 2019, according to EV Volumes, with an addition of 3.1 million passenger…
The Moment Of Truth For Trump’s Iran Waivers
Brace yourself for a post-waivers era of total Iranian sanctions – this is the key message that the Trump Administration wants to convey to the global oil and gas community.…
IMF Has Bad News For The Middle East And Oil Is To Blame
Heightened volatility in oil prices as well as political instability will combine to pressure economic growth in the Middle East, the International Monetary Fund warned in the latest edition…
Oil Falls On Soaring U.S. Crude Inventories
Crude oil traded lower today after the Energy Information Administration reported a substantial build in crude oil inventories, at 9.9 million barrels for the last week of April. The…
Contaminated Crude Adds Insult To Injury For European Refiners
Last week the Trump administration announced that it will not be renewing six-month waivers granted to eight countries to continue buying limited quantities of Iranian oil, a move that shocked…
Oil Prices Rebound As Saudis Reassure Markets
Investor Alert: For the first time ever, Oilprice.com is making its annual Top 50 Oil & Gas Companies report available to members. Sign up to Global…
U.S. Pipeline Boom Could End In Crisis
An oil and gas building spree in the United States might have a serious boomerang effect that could hit the industry as hard as a changing fundamentals landscape hit the…
Russia Says Tainted Oil For Europe Was Deliberately Contaminated
The tainted oil that flew through the Druzhba oil pipeline from Russia to customers in Europe was “deliberately contaminated” at a private terminal, according Russia’s oil pipeline operator Transneft.…
Putin: Saudis Shouldn't Break Output Cut Deal
Russia’s president Vladimir Putin hopes Saudi Arabia does not begin to reverse the production cuts agreed in December to fill the gap of Iranian oil on global markets. Responding to…
Why An OPEC Oil Supply Surge Won’t Happen
The end of the Iranian sanction waivers by the Trump Administration has put oil traders on edge.While most analysts are optimistic about OPEC leader Saudi Arabia being able…
‘’The Fat Margins Have Disappeared’’ - Big Oil Disappoints
After some strong quarters for Big Oil, the first three months of 2019 proved to be a disappointment. Weighed down by lower oil prices, narrower refining margins and weak LNG…
Big Oil’s Biggest Weapon In The Permian
While European oil supermajors are yielding to investor pressure to set emission reduction targets and announcing investments in renewables and EV charging networks, U.S. majors ExxonMobil and Chevron are…
OPEC Unfazed By Potential Supply Shortage
On Monday, in a decision that rocked oil market participants around the world, the Trump administration announced that they will not be renewing or extending oil waivers they had granted…
Rosneft Sees No Oil Deficit Looming As Iran Sanction Waivers End
Russia’s biggest oil producer Rosneft doesn’t expect the end of the U.S. sanction waivers for all Iranian oil buyers to lead to a global supply deficit this quarter and next,…
What’s Behind The Gasoline Price Spike?
According to data from the Energy Information Administration, during the first week of January this year the average retail price of gasoline was $2.24/gal. By mid-April, the price had risen…
Oil Prices Crash As OPEC Prepares To Boost Supply
Oil prices dipped on Friday as markets brace themselves for more OPEC supply following Trump’s decision not to extend the Iran sanctions waivers. …
Massive Drop In U.S. Oil Rig Count Fails To Arrest Price Slide
The the number of active oil and gas rigs fell sharply in the United States this week according to Baker Hughes, the second large drop in as many weeks, keeping…
