 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.760 | +0.002 | +0.05% |
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 2 days | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 13 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 13 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 13 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 13 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Traders Became More Bullish on Oil As Middle East Risk Surged
The crude oil net long…
Rising Middle East Risk Sparks Fear of $100 Oil
In case of further escalation,…
Energy / Oil Prices
Can Yellen Convince Asia To Put A Price Cap On Russian Oil?
U.S. Treasury Secretary Janet Yellen will seek support for the U.S. idea of capping Russian export crude oil prices during an upcoming visit to Asia next week, the Associated Press…
Oil Enters A Bear Market As Recession Fears Grow
For the second day in a row, oil and gas stocks emerged as the worst-performing S&P sector as U.S. crude oil futures settled…
Should You Buy The Oil Price Dip?
Oil prices nosedived alongside the broader market on Tuesday, with U.S. crude dipping to the psychologically important level of $100/bbl as growing recession fears coupled with concerns over…
Is Biden Really Responsible For High Oil Prices?
My columns tend to generate a lot of “passionate” responses from viewers. I try to correct misconceptions, as well as false statements and beliefs about the energy industry.…
Debunking The Key Misconceptions About Oil And Gas Prices
I don’t know who needs to hear this, but it seems like the vast majority of the country — including many politicians — still suffer from…
Will Saudi Arabia Pump More Oil For Biden?
It's not about the oil. This is what President Biden has said about its upcoming visit to the Middle East and, more specifically,…
Oil Prices Rebound As Crude Supply Tightens
Oil prices started the month of July rising by 2% early on Friday, rebounding from Thursday’s losses after Libya declared force majeure on more crude export terminals, adding further concerns…
Bounce In Oil Prices Silences Bearish Calls For Crude
The past few weeks have been a disaster for oil bulls after energy stocks posted their worst performance since the start of the pandemic
Oil About To Post First Full Weekly Loss In 3 Months
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Are Oilfield Service Companies A Buy?
Last week, we presented a bear case for the energy sector based on the premise that oil and gas stocks could be in…
The Perfect Storm In Oil Caught Markets Off Guard
Two years ago, at the height of the pandemic, BP wrote in its annual Energy Outlook that global oil demand had peaked at…
Citi And Barclays Raise Oil Price Forecasts
Two banks—Citi and Barclays—raised their oil price forecasts on Monday, citing the effects of Russian crude oil sanctions and delays in the renewal of the Iran nuclear deal—without which there…
Oil Prices Flat As Russia Bombs Kyiv For First Time In Weeks
Oil prices were slightly down early on Monday after Russia fired missiles on the Ukrainian capital Kyiv for the first time in weeks while the battle in eastern Ukraine rages…
Russia Sees Extra $6.4 Billion Oil Revenue In June As Prices Rally
Russia expects to receive as much as $6.37 billion in additional oil and gas revenues in June, its finance ministry said on Friday, as energy commodity prices have rallied since…
Citi: Oil Is Overvalued By $50 Per Barrel
Brent crude, trading Wednesday at over $116 per barrel, should be closer to $70, according to Citi’s global head of commodity research, Ed Morse, in an interview with…
Oil Rises As Market Expects Fuel Demand To Continue Increasing
Oil prices rose early on Wednesday as China’s financial hub Shanghai reopened after a two-month strict lockdown, giving hope to oil bulls that Chinese fuel demand will rebound, while fuel…
Brent Crude Hits $120 As Driving Season Officially Kicks Off In U.S.
Brent crude oil reached $120 per barrel on Memorial Day—the official kickoff of the summer driving season in the United States. The Brent Crude July contract was…
BofA: Sharp Decline In Russian Exports Could Send Oil Above $150
Brent Crude prices could jump to well above $150 per barrel if Russia’s oil exports fall off a cliff in the coming months, according to Bank of America. “With our…
Oil Prices Rally On Robust Demand Outlook
Oil prices rose early on Thursday, extending this week’s gains, as demand looks strong with the U.S. driving season starting and Shanghai in China gradually reopening after two months of…
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…
