 |
Louisiana Light • 3 days | 83.46 | +0.73 | +0.88% | ||
|
Bonny Light • 1 day | 82.71 | +0.18 | +0.22% | ||
|
Opec Basket • 2 days | 83.08 | -0.35 | -0.42% | ||
|
Mars US • 194 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.517 | +0.020 | +0.79% |
|
Bonny Light • 1 day | 82.71 | +0.18 | +0.22% | ||
|
Girassol • 1 day | 84.06 | +0.28 | +0.33% | ||
|
Opec Basket • 2 days | 83.08 | -0.35 | -0.42% |
|
Peace Sour • 2 hours | 71.36 | +0.14 | +0.20% | ||
|
Light Sour Blend • 2 hours | 74.41 | +0.14 | +0.19% | ||
|
Syncrude Sweet Premium • 2 hours | 81.36 | +0.14 | +0.17% | ||
|
Central Alberta • 2 hours | 71.76 | +0.14 | +0.20% |
|
Eagle Ford • 2 days | 74.50 | -1.10 | -1.46% | ||
|
Oklahoma Sweet • 2 days | 74.50 | -1.00 | -1.32% | ||
|
Kansas Common • 2 days | 68.25 | -1.00 | -1.44% | ||
|
Buena Vista • 2 days | 82.65 | -0.98 | -1.17% |
Russia Discovers Massive Oil and Gas Reserves in British Antarctic Territory
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Large Crude Inventory Build Rocks Oil Prices
Crude oil prices went lower…
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$300 Oil: What If The Attacks In Saudi Arabia Had Destroyed Production?
Saudi Arabia’s Crown Prince Mohammed bin Salman (MBC) has told CBS that oil could reach “unimaginably high numbers” if a war with Iran were to erupt, which he suggested…
Trump’s Latest Trade War Move Sends Oil Tanking
Oil prices fell again on Monday on waning hopes of a breakthrough in the U.S.-China trade war. Late last week, Bloomberg reported that the Trump administration was considering more…
Don’t Expect Oil Prices To Go Much Higher This Year
As sudden oil supply disruptions are offset by faltering demand growth, oil prices are expected to hold steady and near their current levels through the rest of this year, the…
Oil Plunges After Saudi Arabia Announces Yemen Ceasefire
Oil prices fell sharply today after Saudi Arabia agreed to a partial ceasefire in Yemen, the Wall Street Journal reported, citing unnamed sources familiar with the move. The Houthi…
Is Oil Poised For A Breakout?
Oil prices are now only slightly higher than they were prior to the Abqaiq attack, but the outage injected a dose of upside risk to the oil market, which may…
Oil Prices Drop As Markets Await Washington’s Response To Saudi Attack
It was a wild ride, but oil prices fell again on Wednesday, pushing them back near levels seen earlier this month. Despite the largest supply outage in oil market history,…
Gas Price Jump Imminent Following Saudi Attacks
The attack on a Saudi Arabia oil facility, now being blamed on Iran, that caused crude oil futures to spike more than 10% to…
Why Oil Prices Just Fell 6%
Oil prices fell sharply on late Tuesday morning as Reuters reported that Saudi Arabia’s oil output may return to normal more quickly than earlier reports had suggested. Oil production…
Oil Prices Close 15% Higher On Record Trading Day
Oil prices spiked on Monday, two days after the largest oil disruption in history took place. Saudi Arabia lost 5.7 million barrels per day (mb/d) of production after the…
Platts: Oil Could Test $80 After Attacks In Saudi Arabia
Oil prices could test the US$80 a barrel Brent Crude price, following the attacks on the Abqaiq facility and the Khurais oil field in Saudi Arabia this weekend, S&P…
Oil Price Explosion – Brent Crude Jumps 20%
Traders have scrambled to calculate what the limit move in oil would be, after Saturday’s drone attack on the ‘’world’s most important oil processing plant’’. And moments ago, Brent crude…
Can Oil Survive The Looming Economic “Ice Age?”
Albert Edwards turned bearish on stocks back in 1996—well, not exactly bearish, but cautious. He recommended to clients that they overweight long-term, high-quality bonds and therefore underweight stocks in…
Russia’s Energy Minister: Fundamentals, Not Trump Impact Oil Prices
Russia and OPEC are looking at the fundamental forces on the oil market such as supply and demand, rather than at U.S. President Donald Trump’s tweets, Russian Energy Minister Alexander…
Oil Slides As Trump Considers Easing Sanctions On Iran
WTI prices were jittery on Wednesday morning, rising initially, but falling back below yesterday's lows, after headlines suggesting Bolton was fired after disagreeing with Trump's desire to ease Iran sanctions to…
Oil Flashcrashes After Trump Fires Security Advisor Bolton
A new deal between the United States and Iran may be on the horizon as US President Donald Trump just fired US National Security Advisor John Bolton—and oil prices are…
Three Essential Factors For Oil Prices In 2020
Three essential factors will determine the direction of the oil price next year, according to Rystad Energy. In a market update, Bjørnar Tonhaugen, head of oil market research at Rystad…
World’s Top Oil Trader Sees Oil Prices Weakening This Year
Vitol, the world’s biggest independent oil trader, expects oil prices to weaken in the fourth quarter this year, although prices are unlikely to be below $50 a barrel for a…
Oil Jumps 4% On Positive Chinese Economic Data
The bleak outlook on the overall global economy has combined with the trade war worries to pressure prices over the last few days, but today’s economic data that is…
Saudis Need Deeper Cuts To Sustain $60 Oil
With market sentiment pessimistic about oil demand growth and with rising U.S. crude oil production, Saudi Arabia needs to take action sooner rather than later to support oil prices at…
Possible Currency War Would Be A Disaster For Oil
Oil prices plunged on Friday after the U.S. and China both announced tariff hikes in tit-for-tat fashion. At the same time, markets opened on a positive note early…
