 |
Louisiana Light • 3 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 2 days | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 3 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 197 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 2 days | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 2 days | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 3 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 2 days | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 2 days | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 2 days | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 2 days | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 3 days | 75.71 | +0.60 | +0.80% | ||
|
Oklahoma Sweet • 3 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 3 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 4 days | 83.26 | +0.61 | +0.74% |
Breaking News:
Russia Discovers Massive Oil and Gas Reserves in British Antarctic Territory
Russia has announced the discovery…
Large Crude Inventory Build Rocks Oil Prices
Crude oil prices went lower…
Energy / Oil Prices
English
Español
عربي
Français
中文
日本語
Goldman Sachs: This Oil Rally Won’t Last
Although oil prices hit a seven-month high on Friday and continued to soar early on Monday, these high price levels are unlikely to persist for long if global oil…
Oil Set To Move Higher As Markets Await Iranian Retaliation
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures hit their highest levels since April on Friday after the killing of a top Iranian general sparked fears of a…
Oil Ends 2019 On A Bullish Note
Crude oil prices are about to book their biggest rise in three years on the last day of 2019, supported by the combined force of OPEC+ production cuts and the…
The Real Reason Oil Prices Remained Low In 2019
The year that is drawing to a close has not been good for oil. Despite production caps across OPEC and beyond, and despite the extra-large number and size of production…
Why Oil Traders Are More Bullish On 2020
Optimism among oil traders is rising despite mixed signals from the world’s top oil consumers, largely thanks to signs that pressure is easing between Washington and Beijing and the latter’s…
Oil Prices Jump On Bullish EIA Report
After they dipped following the Tuesday inventory report by the API, oil prices recouped some of their losses after the Energy Information Administration reported a crude oil inventory…
Have Oil Prices Reached An Inflection Point?
Oil prices have hit three-month highs, driven higher by the OPEC+ cuts, the U.S.-China trade de-escalation, the slowdown in shale and the apparent stabilization in the global economy. There is…
The Best And Worst Oil Predictions Of 2019
There’s nothing like wild volatility to destroy the integrity of those high-end bankers and analysts who are brave enough to make oil price predictions year in and year out. But…
Oil Jumps As U.S. Offers To Cut Tariffs By 50%
Oil prices rose by more than 1 percent early on Thursday after U.S. President Donald Trump said that the United States was very close to some sort of a deal…
The OPEC+ Deal Was The First Step To $100 Oil
The price of oil has been trapped in the mid-$50s because of fear: 1) Fear that OPEC+ would break ranks and flood the global market with oil. 2) Fear of…
Russian Oil CEO: OPEC+ Cuts To Keep Oil Between $55 And $65
The efforts of OPEC and its Russia-led non-OPEC allies to cut production further will be positive for oil prices, which will stay in the US$55-US$65 per barrel range in the…
Goldman Sachs Sees Higher Oil Prices In 2020
Goldman Sachs lifted its crude oil price forecast for 2020 on the grounds that OPEC’s deeper production cuts will help the market avoid oversupply, Bloomberg reports, citing an emailed…
Hedge Funds Are Quietly Piling Into Oil
Two weeks ago, hedge funds were selling off oil, taking their profits on an oil price rally that came about due to hopeful U.S.-China trade deal talks (disappointed again) and…
Saudi Arabia Threatens To Flood Oil Markets If OPEC Members Don’t Cut Output
Three days after oil tumbled following a Bloomberg report that Saudi Arabia was angry at its (N)OPEC co-members for not complying with production quotas, and was no longer willing to compensate…
Will OPEC Really Risk An Oil Price Crash?
The Organization of the Petroleum Exporting Countries and non-OPEC partners led by Russia, are now nearly two years into their production agreement and are expected to roll-over the accord through…
Why Oil Prices Just Jumped
Following a 5-percent plunge on Friday, oil prices recovered early on Monday, rising by more than 2 percent as reports emerged that OPEC and its allies may discuss and…
Why Are Oil Markets Suddenly So Volatile?
Market Movers - The newsfeed this week has been inundated with updates on Aramco’s IPO developments. On the retail side, the Aramco IPO has reached $7.21 billion in subscriptions, bringing…
How To Invest In An Oil Contango
The oil market continues to send mixed signals, with a pending U.S.-China trade deal and potential production cut extension--or deepening--by OPEC counterbalanced…
Two Factors To Upend Oil Markets In 2020
The major forecasters see an oil supply surplus next year, but those bearish outlooks largely depend on the health of U.S. shale growth in 2020, an assumption that is looking…
What’s Behind The Bounce In Oil Prices?
U.S. West Texas Intermediate crude oil futures are trading at their highest level since September 17 on Friday. The market is also in a position to finish about 1.30% higher…
