 |
Louisiana Light • 3 days | 113.8 | +2.64 | +2.37% | ||
|
Bonny Light • 2 days | 116.7 | +2.62 | +2.30% | ||
|
Opec Basket • 3 days | 112.0 | -2.90 | -2.52% | ||
|
Mars US • 2 days | 107.3 | -0.61 | -0.57% | ||
|
Gasoline • 2 days | 3.837 | +0.005 | +0.14% |
|
Bonny Light • 2 days | 116.7 | +2.62 | +2.30% | ||
|
Girassol • 2 days | 112.7 | +2.15 | +1.94% | ||
|
Opec Basket • 3 days | 112.0 | -2.90 | -2.52% |
|
Peace Sour • 2 days | 105.3 | +2.85 | +2.78% | ||
|
Light Sour Blend • 2 days | 107.4 | +2.85 | +2.72% | ||
|
Syncrude Sweet Premium • 2 days | 111.0 | +2.85 | +2.64% | ||
|
Central Alberta • 2 days | 105.6 | +2.85 | +2.77% |
|
Eagle Ford • 2 days | 111.1 | +1.02 | +0.93% | ||
|
Oklahoma Sweet • 2 days | 109.8 | +1.00 | +0.92% | ||
|
Kansas Common • 3 days | 102.5 | +2.75 | +2.76% | ||
|
Buena Vista • 4 days | 112.6 | -5.11 | -4.34% |
Breaking News:
Oil Prices May Not Drop, Even If There Is A Recession
There are growing fears that…
Oil Set For Fourth Weekly Gain Amid Tight Fuel Markets
Oil prices were up early…
Energy / Oil Prices
Oil Set For Fourth Weekly Gain Amid Tight Fuel Markets
Oil prices were up early on Friday, headed for a small weekly gain, but a gain nevertheless—the fourth in a row—as gasoline and diesel supply globally struggle to meet rising…
Why Investors Should Pay Close Attention To The Disappearing WTI-Brent Spread
The average investor might not think much about the oil price spread between West Texas Intermediate (WTI) and Brent Crude, which is usually only a couple of dollars…
Oil Prices May Not Drop, Even If There Is A Recession
As a growing number of economists and Wall Street bankers warn that a recession is coming later this year or next year, another camp of analysts says that…
Oil Hits Eight-Week High Amid Hopes Of Recovering Chinese Demand
Oil prices rose above $114 a barrel early on Tuesday, reaching the highest level in eight weeks, amid a tight global fuel market and expectations that Chinese demand will start…
Failure To Implement Russian Oil Ban Could Send Oil Crashing To $65
A key factor in the upper band of the benchmark crude oil trading ranges over the past weeks is market concern over a ban of Russian oil exports…
Brent Hits $113 As Oil Heads For Second Weekly Gain
Oil prices were set for a second consecutive weekly increase early on Friday, as the EU’s proposal to ban imports of all Russian crude and oil products by…
Oil Prices Top $111 As Biden’s SPR Buyback Plan Leaks
The Biden Administration will purchase 60 million barrels of crude in Q3 in an effort to replace volumes in the U.S. strategic petroleum for the first time in…
Oil Rallies As EU Officially Proposes Embargo On Russian Imports
The European Commission on Wednesday officially proposed a full ban on Russian crude and oil product imports by the end of the year—a move that sent
Oil Price Outlook Remains Bullish As Europe Prepares Russian Embargo
Crude oil prices remained bullish Tuesday morning after the latest signal from the European Union that it is preparing to impose an oil embargo on Russia.
Is It Fair To Blame Oil Companies For High Prices?
With oil prices still over $100 a barrel, one thing is certain. Oil companies are going to make big profits. But misconceptions abound about the connection between high…
Oil Set To Record Longest Winning Streak In 3 Years
Crude oil prices are set to record the longest string of monthly gains since early 2018, Bloomberg reported today, citing the increased price volatility resulting from the war…
World Bank Sees High Energy Prices For Years After Russia’s War In Ukraine
The biggest energy shock since the 1970s is expected to keep oil and other energy prices elevated for years as the Russian invasion of Ukraine is changing energy trade flows…
Brent Crude Falls Below $100 On China Lockdown Fears
Oil prices have fallen to a two-week low, dipping below $100 on fears of the further demand consequences of a COVID-19 lockdown in China that has sparked bearish…
Chinese Oil Demand Set For 1.2 Million Bpd Plunge In April
Oil demand in the world’s top crude oil importer, China, is expected to decline by 1.2 million barrels per day (bpd) in April from a year ago—the largest hit to…
Large Crude Draw Sends Oil Prices Higher
Crude oil price moved higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the week to April 15. This…
Oil Dips As IMF Slashes Economic Growth Forecasts
As Shanghai prepares to reopen factories amid a strict COVID-19 lockdown that had driven oil prices lower last week, the IMF has cut its global economic growth forecasts…
JPMorgan: Immediate EU Ban On Russian Oil Could Send Prices To $185
Oil prices could shoot up to a record $185 per barrel if the European Union acts to impose a full immediate ban on imports of Russian oil, JPMorgan says. The…
Oil Prices Rally Back To Pre-Strategic Petroleum Release Levels
Supported by outages in Libya and concerns about the loss of some Russian supply, oil rose early on Monday after a long weekend, returning to the levels last seen at…
Will We See Another Oil Price Breakout Soon?
With Russia's invasion of Ukraine looking likely to transition into an extended war of attrition in the east of Ukraine, oil supply jitters in the market have cooled…
Is $100 Oil Sustainable?
One popular saying in the oil industry says that the only cure for high oil prices is high oil prices. With a war in Europe, tight global supply…
