 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 21 hours | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.577 | 0.000 | 0.00% |
|
Bonny Light • 21 hours | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 21 hours | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 20 hours | 75.13 | -0.70 | -0.92% | ||
|
Light Sour Blend • 20 hours | 78.18 | -0.70 | -0.89% | ||
|
Syncrude Sweet Premium • 20 hours | 85.13 | -0.70 | -0.82% | ||
|
Central Alberta • 20 hours | 75.53 | -0.70 | -0.92% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
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Energy / Oil Prices
Oil Set For Worst Monthly Drop Since November
After finishing at a three-month low on Thursday, oil prices continued to slide on Friday morning and are on course to end the month of May with the largest monthly…
Smart Money Turns Increasingly Bearish On Oil
Over the past month, hedge funds and other portfolio managers have been liquidating some of their bets that oil prices will rise, as concerns about the future of global economy…
Oil Rebounds But Looks At Biggest Weekly Loss Of 2019
Oil prices rose early on Friday, recovering from Thursday’s plunge that sent both WTI and Brent to their lowest levels in nearly two months, but prices are still poised to…
Oil Tanks On Worst Day In Six Months
Oil prices plummeted on Thursday, joining global sell-offs in equities, as the escalating U.S.-China trade war came into the spotlight again, dampening the outlook for economic and oil demand growth…
The Fear Factor Is Back For Oil
Saber-rattling in the Middle East and the continued deterioration in Venezuela have once again trumped considerations such as supply and demand in the fluctuations of global oil prices. Despite what…
Bank Of America: $90 Brent May Be Around Corner
Bank of America Merrill Lynch (BofAML) warns that Brent crude oil could reach $90 per barrel stemming the new IMO rules regarding shipping fuels and a weaker dollar courtesy of…
Oil Rises After Drone Attacks On Saudi Infrastructure
Two pumping stations on a Saudi Aramco oil pipeline in Saudi Arabia were attacked by explosive-laden drones in the early morning local time on Tuesday, the official Saudi Press Agency…
STEO: Brent To Average $70 This Year
The Energy Information Administration expects Brent crude prices this year to average US$70 a barrel, falling to US$67 a barrel in 2020, the authority said in the latest edition…
Saudi Arabia Hikes Oil Prices For Asian Buyers As Supply Crunch Hits
Saudi Arabia has increased its official selling prices for all crude oil grades for Asian buyers with delivery in June as a supply crunch…
Oil Falls As Trump Threatens New Tariffs On China
Oil prices fell on Monday as President Donald Trump has threatened China to slap a 25-percent tariff on hundreds of billions worth of Chinese goods that have…
Oil Market Is Set To Become Very Tight Later This Year
Brent Crude futures prices for later this year suggest that the oil market is undersupplied, despite recent rises in U.S. crude oil inventories that sent spot oil prices plunging…
Oil Price Drops As U.S. Crude Build Outweighs Venezuela Turmoil
Oil prices dropped early on Wednesday after the API reported on Tuesday a surprise U.S. crude build that outweighed earlier bullish news of a coup attempt in Venezuela and Saudi…
Overly Bullish Hedge Funds Set The Stage For Oil Price Drop
For more than ten weeks, portfolio managers have been consistently amassing bullish bets in the most important petroleum futures contracts, as market fundamentals were pointing to OPEC over-delivering on the…
19 Historical Oil Disruptions, And How No.20 Will Shock Markets
Albert Einstein once wrote that “the definition of insanity is doing the same thing over and over again and expecting different results.” Were he alive today, he would be repeating…
Oil Volatility Spikes On Rampant Uncertainty
The oil price rally has ground to a halt as investors pull back, Trump promises a flood of OPEC oil, and the global economy shows some signs of slowing down.…
Can Saudi Arabia Still Sway The Oil Market?
Saudi Arabia, the world’s top oil exporter and OPEC’s largest producer, has influenced the oil market and oil flows since the middle of the 20th century. Shortly after the 21st…
The Perfect Storm That Could Drive Oil Even Higher
After rallying more than 30 percent year to date, oil prices could be set for a further upside in coming weeks as a combination of near-term bullish supply-side factors could…
Oil Could Fall To $40 If OPEC Abandons Its Deal
In more proof that U.S. oil production is continuing to alter global oil markets, Russia’s finance minister Anton Siluanov said on Saturday that Russia and OPEC might decide to…
The Case For $100 Oil
The odds of an oil price spike this year are much higher than the prevailing consensus in the market, according to a new report from Bank of America Merrill Lynch.…
Oil Prices Snap Winning Streak
Despite signs of continued tightness in supply, oil prices dropped early on Monday on some profit taking and a Russian minister suggesting that Russia and OPEC could abandon the production…
