 |
WTI Crude •1 day | 39.85 | -0.79 | -1.94% |
|
Brent Crude •1 day | 41.77 | -0.69 | -1.63% |
|
Natural Gas •1 day | 2.971 | -0.036 | -1.20% |
|
Mars US •1 day | 40.20 | -0.79 | -1.93% |
|
Opec Basket •4 days | 40.88 | -0.16 | -0.39% |
 |
Urals •2 days | 39.60 | +0.00 | +0.00% |
|
Louisiana Light •4 days | 41.28 | -1.39 | -3.26% |
|
Marine •2 days | 41.61 | +0.09 | +0.22% |
|
Murban •2 days | 42.32 | +0.23 | +0.55% |
|
Iran Heavy •2 days | 39.50 | -0.50 | -1.25% |
|
Basra Light •2 days | 43.07 | -0.93 | -2.11% |
|
Saharan Blend •2 days | 41.24 | -0.55 | -1.32% |
|
Bonny Light •2 days | 41.54 | -0.49 | -1.17% |
|
Canadian Crude Index •36 days | 27.93 | -1.77 | -5.96% |
|
Western Canadian Select •1 day | 30.74 | +0.61 | +2.02% |
|
Canadian Condensate •2 days | 39.64 | +0.61 | +1.56% |
|
Premium Synthetic •2 days | 41.04 | +0.61 | +1.51% |
|
Sweet Crude •1 day | 37.24 | +0.61 | +1.67% |
|
Peace Sour •1 day | 36.64 | +0.61 | +1.69% |
|
Louisiana Light •4 days | 41.28 | -1.39 | -3.26% |
|
Domestic Swt. @ Cushing •2 days | 36.25 | -0.75 | -2.03% |
|
Giddings •2 days | 30.00 | -0.75 | -2.44% |
|
ANS West Coast •6 days | 42.08 | +0.08 | +0.19% |
|
West Texas Sour •2 days | 33.80 | -0.79 | -2.28% |
|
Eagle Ford •2 days | 37.75 | -0.79 | -2.05% |
China's Crude Imports Become Backbone Of Oil Price Recovery
The world’s largest oil importer,…
Brent Oil Unlikely To Rise Above $43 Until After U.S. Election
The international oil benchmark Brent…
Energy / Oil Prices
Venezuela’s Oil Major Sees Oil At $35 Through 2021
Venezuela’s state oil company has made a pessimistic estimate for next year’s oil prices, expecting to make just $35 per barrel for the crude it exports, Reuters has reported.…
World Bank Sees Oil Average $44 in 2021
Energy prices suffered the most among commodities in the pandemic—especially oil prices—and they won’t be rising much next year either, averaging just $44 a barrel, the World Bank said in…
Saudi Arabia Is Suffering The Consequences Of Its Failed Oil Price War
Nine months on from Saudi Arabia’s second major oil price war in the last five years, more negative consequences are manifesting themselves. Aside from the irrevocably
China's Crude Imports Become Backbone Of Oil Price Recovery
The world’s largest oil importer, China, will continue to have a significant impact on the oil market in the coming months, as most of the rest of the…
Brent Oil Unlikely To Rise Above $43 Until After U.S. Election
The international oil benchmark Brent Crude will likely range-trade in the $40 to $43 a barrel band until after the U.S. election on November 3, according to OCBC Bank.…
Could Big Oil’s Shift To Renewables Be Good For Prices?
An existential crisis for oil supply: this is how one Rosneft executive referred to BP’s and Shell’s recent commitments to a renewable energy shift. This shift,…
Why The Elections Aren’t Moving Oil Prices
The U.S. elections are less than a month away, and the oil market cannot seem to make up its mind whether it prefers a Biden or Trump presidency.…
Oil Spikes After OPEC Claims: ‘’The Worst Is Over For The Oil Market’’
Crude future prices spiked on Thursday after OPEC said Thursday that the "worst is over" for the oil market. Front month crude contracts were up 3.08% to…
Problems Are Piling Up For Oil Majors
Consumers reacted to earlier lockdowns and continued pandemic restrictions, leading to a massive drop in demand. On the other hand, prices initially collapsed after Saudi Arabia led an…
Saudi Arabia Boosts Prices Of Flagship Crude Oil Blend
Oil markets might be looking up, if Saudi’s official oil selling price actions are any indication—and they usually are. Saudi Arabia has raised the official selling price of…
Oil Rallies As Trump Returns To The White House
After soaring on Monday, oil prices continued to rise on Tuesday after U.S. President Donald Trump returned to the White House from the hospital where he was treated for COVID-19,…
Oil Prices Soar As Trump’s Condition Improves
Oil prices skyrocketed on Monday morning as U.S. President Donald Trump’s health appears to have improved after testing positive for the coronavirus on Thursday evening. At 11:06 a.m. EDT, the…
Saudi Arabia Sees Oil At $50 Until 2023
Saudi Arabia appears to be more upbeat about the immediate future of oil prices than fundamentals warrant, according to Goldman Sachs analysts. These have calculated that the Saudi budget plan…
Souring Fundamentals Force Brent Crude Oil Below $40
Both the President and First Lady of the United States have tested positive for COVID-19 on a day when Brent oil prices crash below $40 and the U.S. rig count…
Oil Falls As Trump Tests Positive For COVID-19
Crude oil prices took a nosedive today after President Donald Trump tweeted late last night that both he and the first lady had tested positive for Covid-19. Brent crude…
Oil Prices Rise After EIA Reports Small Crude Draw
Oil prices stabilized today after the Energy Information Administration reported a crude oil inventory draw of 2 million barrels for the week to September 25. At 492.4 million barrels,…
Joe Biden Could Never Ban Fracking
I have always viewed politicians that promise to ban hydraulic fracturing — commonly known as “fracking” — with some level of suspicion. In fact, a year ago as…
Oil And Natural Gas Prices Slide As Traders Grow Cautious
Oil prices turned lower on Tuesday as growing COVID-19 cases rekindled fears of a stalled demand recovery while the markets and the world prepare to watch the first U.S. presidential…
Oil Prices Stuck In Limbo As Uncertainty Mounts
Oil prices are unlikely to move much higher from the current levels in the low $40s, at least not for the rest of the year, a growing number…
Gulf Nations Are Desperate For Higher Oil Prices
Gulf nations led by Saudi Arabia have been putting on a brave face and touting the strength of their economies, claiming they can withstand any…
