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WTI Crude •14 hours | 54.19 | -1.40 | -2.52% |
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Brent Crude •14 hours | 59.89 | -1.39 | -2.27% |
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Natural Gas •14 hours | 1.870 | -0.034 | -1.79% |
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Mars US •14 hours | 55.09 | -1.30 | -2.31% |
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Opec Basket •2 days | 63.26 | -1.40 | -2.17% |
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Urals •1 day | 57.15 | -1.20 | -2.06% |
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Louisiana Light •2 days | 59.71 | -1.15 | -1.89% |
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Marine •1 day | 62.44 | -0.66 | -1.05% |
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Murban •1 day | 63.89 | -0.64 | -0.99% |
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Iran Heavy •1 day | 49.25 | -1.38 | -2.73% |
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Basra Light •1 day | 65.36 | -1.58 | -2.36% |
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Saharan Blend •1 day | 61.68 | -1.57 | -2.48% |
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Bonny Light •1 day | 60.69 | -1.36 | -2.19% |
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Canadian Crude Index •12 hours | 33.96 | +0.37 | +1.10% |
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Western Canadian Select •1 day | 32.69 | -1.15 | -3.40% |
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Canadian Condensate •1 day | 49.59 | -1.15 | -2.27% |
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Premium Synthetic •1 day | 55.99 | -1.15 | -2.01% |
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Sweet Crude •1 day | 46.84 | -1.15 | -2.40% |
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Peace Sour •1 day | 42.99 | -1.15 | -2.61% |
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Louisiana Light •2 days | 59.71 | -1.15 | -1.89% |
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Domestic Swt. @ Cushing •1 day | 50.75 | -1.25 | -2.40% |
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Giddings •1 day | 44.50 | -1.25 | -2.73% |
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ANS West Coast •3 days | 64.47 | -1.74 | -2.63% |
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West Texas Sour •1 day | 48.14 | -1.40 | -2.83% |
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Eagle Ford •1 day | 52.09 | -1.40 | -2.62% |
Oil Will Stay Above $50 Per Barrel In 2020
Energy markets have started the…
Bad News For Oil: Refinery Profits Are Sliding
Oil prices are falling back…
Energy / Oil Prices
Crude Oil Market Forecast for the Week of January 30, 2012
March crude oil closed higher last week after the Fed announced it would keep interest rates at ultra-low levels until late-2014. The news helped trigger a short-covering rally which turned…
Peak Oil Crisis Being Compounded by Refinery Closures
Here is one more thing for those of us who live in the North Eastern U.S. to start worrying about - the refineries that make our gasoline, diesel, heating oil,…
China's Energy Firms Invade the Great White North
Canada is the largest source of U.S. oil imports. According to the U.S. Energy Administration, in 2011 U.S. total crude oil imports averaged 9,033 thousand barrels per day (tbpd),…
Crude Oil Analysis for the Week of January 23, 2012
Despite the shift in the fundamentals the week before, March Crude Oil failed to follow-through to the downside and the market finished the week with an inside range. This pattern…
Natural Gas Analysis for the Week of January 23, 2012
March Natural Gas gapped lower on the weekly chart. This is a rare occurrence that often indicates exhaustion in markets that have experienced prolonged moves down in terms of price…
How will the Economy Fare if High Oil Prices Continue
We know high oil prices have an adverse impact on the economy, often leading to recession. According to Economist James Hamilton, 10 out of 11 of US recessions since…
Possible Implications of the Iranian Oil Embargo
As efforts continue to impose sanctions on Iran, I thought it would be helpful to discuss the possible implications of these developments for oil-consuming countries. The most likely outcome of…
Crude Oil Analysis for the Week of January 16, 2011
March Crude Oil traded sharply lower last week with an expanded range. Based on the previous week’s failure to follow-through to the upside when the market took out the previous…
Why Oil Prices Are About to Collapse
All is not as it appears in the global oil markets, which have become entirely dysfunctional and no longer fit for its purpose, in my view. I believe that the…
Crude Oil Analysis for the Week of January 9, 2011
February Crude Oil closed higher last week despite the stronger U.S. Dollar and a general aversion to risky assets. This only proves what traders have known for weeks that crude…
