 |
WTI Crude •25 mins | 68.64 | +0.24 | +0.35% |
|
Brent Crude •11 mins | 75.00 | +0.94 | +1.27% |
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Natural Gas •25 mins | 2.775 | +0.008 | +0.29% |
|
Mars US •3 days | 68.10 | +0.07 | +0.10% |
 |
Opec Basket •4 days | 70.36 | -0.60 | -0.85% |
|
Urals •5 days | 70.61 | +1.71 | +2.48% |
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Louisiana Light •4 days | 71.16 | +0.03 | +0.04% |
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Marine •4 days | 69.98 | -0.50 | -0.71% |
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Murban •4 days | 73.08 | -0.45 | -0.61% |
|
Iran Heavy •4 days | 68.07 | -1.16 | -1.68% |
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Basra Light •4 days | 71.32 | +0.36 | +0.51% |
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Saharan Blend •4 days | 73.33 | -1.18 | -1.58% |
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Bonny Light •4 days | 73.32 | -1.16 | -1.56% |
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Canadian Crude Index •15 mins | 50.04 | +0.63 | +1.28% |
|
Western Canadian Select •4 days | 46.40 | -1.43 | -2.99% |
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Canadian Condensate •4 days | 69.30 | +0.07 | +0.10% |
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Premium Synthetic •4 days | 68.50 | +0.07 | +0.10% |
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Sweet Crude •4 days | 60.40 | -0.58 | -0.95% |
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Peace Sour •4 days | 57.40 | -0.93 | -1.59% |
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Louisiana Light •4 days | 71.16 | +0.03 | +0.04% |
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Domestic Swt. @ Cushing •4 days | 65.00 | +0.25 | +0.39% |
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Giddings •4 days | 58.75 | +0.25 | +0.43% |
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ANS West Coast •5 days | 73.33 | +0.33 | +0.45% |
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West Texas Sour •4 days | 62.33 | +0.09 | +0.14% |
|
Eagle Ford •4 days | 66.28 | +0.09 | +0.14% |
$100 Oil Is Back On The Table
There are once again whispers…
Saudi Arabia’s $100 Oil Dilemma
If Saudi Arabia really is…
Energy / Oil Prices
Saudi Aramco Unexpectedly Raises Arab Light Oil Price To Asia
In an unexpected move seen as bullish by futures traders, Saudi Aramco lifted the official selling price (OSP) of its flagship Arab Light crude grade to Asian customers…
Barclays: Expect $51 Oil This Year
As oil continues to pair Monday gains on soaring U.S. crude inventory, Barclays is calling a $51-per-barrel price on WTI by the third and fourth quarters of this year,…
The Truth Behind Oil’s Recent Price Spike
As I’m writing this, the West Texas Intermediate (WTI) has surged almost 3 percent for the day, over 5 percent since the close on Monday, and is up 6.5 percent…
$70 Oil Could Spark An Offshore Oil Boom
Geopolitical risk bearing down on global oil markets is increasingly taking hold and weighing on oil prices as Saudi Arabia and Iran jockey for influence and position in the Middle…
Saudi Oil Minister Expects Oil Cuts To Extend Into 2019
Crude oil prices jumped a percent today on comments from Saudi Arabia’s Energy Minister Khalid al-Falih, who said he expected the OPEC+ production cut deal would be extended into next…
Bearish Factors Are Piling Up For Crude
May West Texas Intermediate crude oil futures are in a position to finish lower for a second week. The fundamentals are bearish and the weekly technical chart pattern indicates that…
IEA Does Not Believe Steel Tariffs Will Affect Global Oil Trade
The International Energy Agency’s (IEA) leadership does not believe President Donald Trump’s tariffs on imported aluminum and steel will affect the global oil trade. “I think the impact on the…
Analysts Expect Oil Prices To Rise This Year
Analysts polled by Reuters expect higher oil prices this year, confident that OPEC and Russian cuts will offset growing U.S. production. Brent crude, analysts expect, will now average US$63…
Oil Jumps On Libya Export Outage, Saudi Comments
Crude oil started the week with gains thanks to comments from Saudi Arabia’s Energy Minister Khalid al-Falih and reports of a slowdown in exports from Libya’s Mellitah oil terminal. WTI…
What Is The Right Price For Oil In A Balanced Market?
The price of oil is well off the low for this cycle because the OPEC + Russia plan to rebalance supply & demand has worked. Now the question is “What…
