 |
Louisiana Light • 2 days | 89.15 | -0.01 | -0.01% | ||
|
Bonny Light • 21 hours | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% | ||
|
Mars US • 166 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 18 mins | 2.735 | +0.006 | +0.22% |
|
Bonny Light • 21 hours | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 21 hours | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% |
|
Peace Sour • 13 hours | 78.03 | -0.58 | -0.74% | ||
|
Light Sour Blend • 13 hours | 81.08 | -0.58 | -0.71% | ||
|
Syncrude Sweet Premium • 13 hours | 88.03 | -0.58 | -0.65% | ||
|
Central Alberta • 13 hours | 78.43 | -0.58 | -0.73% |
|
Eagle Ford • 2 days | 81.84 | -0.05 | -0.06% | ||
|
Oklahoma Sweet • 2 days | 81.75 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 6 days | 89.36 | +0.64 | +0.72% |
Breaking News:
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Energy / Oil Prices
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In the last couple of months, the sharp reversion in oil prices has certainly caught the world’s attention. While the majority of economists and analysts continue to expect incorrectly that…
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The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia,…
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Low oil prices are putting major oil producers in a squeeze. The Russian central bank has been forced to cough up foreign exchange in order to defend itself from a…
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Strike While The Majors Are Cheap
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Sanctions, Oil Prices Push Russia Into Currency Crisis
As oil prices show no sign of recovery, Russia is facing a sudden and acute currency crisis. Oil prices have essentially dropped by half in just a few months, and…
Don’t Expect Low Oil Prices To Last For Long
When I last wrote about the global supply of oil, it was back in October, as the fall in oil prices was developing. Since then the price has continued to…
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Falling oil prices are the newest wrench in the Fed’s decision making, but the effect might seem counter-intuitive. Since the Fed’s last meeting in October, oil prices have fallen 25%.…
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As a consumer of oil, you may regard recent sharp declines in the world oil price as a blessing. But... If you work in the oil industry, you will not.…
OPEC Denies Price War, Shows Faith In Markets
OPEC Secretary-General Abdullah al-Badri is urging the cartel’s 12 members to maintain production and exploration despite a lower demand for oil. Yet al-Badri told an energy conference in Dubai on…
Low Oil Prices Could Point To A More Serious Problem
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Looking At The Data Behind Low Oil Prices
With so much talk swirling about the current oil price drop, I feel compelled to focus less on the rhetoric and more on the data. So the vibe of this…
Oil Price Winners And Losers In Latin America
Oil cartel OPEC decided not to cut output in a meeting on November 28, despite repeated pleas by members Ecuador and Venezuela to do so. Two weeks after the meeting,…
