 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 18 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 1 day | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 day | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 1 day | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 1 day | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
The Rare Metal Keeping Biden and Xi Awake at Night
Canada's eviction of Chinese investors…
Over 20% of the World’s Oil Refining Capacity Is at Risk of Closure
Wood Mackenzie has said that…
Energy / Oil Prices
No Real Oil Price Relief Until Q3
Most of the publicly traded upstream oil & gas company share prices have moved up off the lows they set in December and January as crude…
This Is Why Warren Buffet Dumped His Exxon Holding
America’s leading investor, Warren Buffett, gave a wide-ranging interview to CNBC in which he gave a fitting explanation of why his company, Berkshire Hathaway, sold all…
Could Oil Prices Plummet A Second Time?
Are oil prices heading for a double dip? The surge in shale production has produced a temporary glut in supplies causing oil prices to experience a…
Don’t Read Too Much Into The Rig Count
Oil prices don’t change based on weekly rig count reports. Yet every week, there are proclamations by analysts that oil prices are poised to recover because…
Here’s What Will Send Oil Prices Back Up Again
Oil’s rapid decline since August of last year has been dramatic. To listen to some commentators you would also think it is unprecedented and irreversible. Those…
Selling Pressure Rises As Rig Count Drop Slows
Technical and fundamental factors weighed on crude oil late in the week, which could be signaling support has been pulled from the market. On Thursday, sellers…
Oil Prices Tumble As Pace Of Rig Count Decline Slows
With production and inventories at record levels despite the total collapse in rig counts, all eyes remain on Baker Hughes data for any signal the algos…
Paranoia And Purges For Venezuela As Oil Misery Continues
As the finances of Venezuela continue to deteriorate under the collapse of crude oil prices, the government of President Nicolas Maduro is becoming more paranoid and…
OPEC Considers Emergency Meeting On Oil Prices
Many OPEC members say the cartel may have to call an emergency meeting production and prices because of the damage the collapse of oil prices has…
Oil Price Crash: Top 5 At-Risk Countries
Since June 2014, global oil prices have dropped by more than 50%. The drop could strongly affect the economic and political stability of these five oil…
Could This Be Saudi Arabia’s Best Kept Secret?
It is popular these days to speculate about why Saudi Arabia cajoled its OPEC allies into maintaining oil production in the face of flagging world demand.…
Oil Markets Jumped The Gun
Perhaps the world is beginning to realize that "it's the demand, stupid" as crude oil prices are collapsing this morning (not helped by "all…
Is Oil Returning To $100 Or Dropping To $10?
If you have been following the price of oil over the last few months, the chances are you’re a little confused. On the one hand you…
Why This Trade Still Makes The Most Sense
The oil market’s reaction to news this week told us a lot, and confirmed what many of us have maintained all along. Oil’s collapse may have…
Saudi And US Production Up As Market Volatility Continues
Crude Oil Outlook April Crude Oil futures failed to follow-through to the upside this week and are likely to finish the week lower. Although the market…
Why The Stock Market Likes Cheap Oil
To listen to the talking heads on TV over the last few months you would think that there is a direct positive correlation between oil prices…
Buffet Dumps Exxon Amid Price Slump
Investment guru Warren Buffett got rid of his entire $3.7 billion holding in Exxon Mobil Corp. in the fourth quarter of 2014, evidently influenced by the…
Why Oil Prices Must Go Up
It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major…
Oil Price Crash – What Next?
In the fast moving oil market much of the fundamental data only becomes available for general consumption at least one month in arrears. But EIA…
Things Are Starting To Get Fun Again
I was feeling so lonely these past weeks. All alone trying to assess the oil markets, with their wild volatility. Then, suddenly, seemingly every investment bank…
