 |
Louisiana Light • 1 day | 87.56 | +0.00 | +0.00% | ||
|
Bonny Light • 1 day | 88.85 | -1.30 | -1.44% | ||
|
Opec Basket • 1 day | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 179 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.717 | -0.032 | -1.16% |
|
Bonny Light • 1 day | 88.85 | -1.30 | -1.44% | ||
|
Girassol • 1 day | 89.64 | -1.21 | -1.33% | ||
|
Opec Basket • 1 day | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 8 hours | 75.83 | -1.22 | -1.58% | ||
|
Light Sour Blend • 8 hours | 78.88 | -1.22 | -1.52% | ||
|
Syncrude Sweet Premium • 8 hours | 85.83 | -1.22 | -1.40% | ||
|
Central Alberta • 8 hours | 76.23 | -1.22 | -1.58% |
|
Eagle Ford • 1 day | 79.11 | +0.00 | +0.00% | ||
|
Oklahoma Sweet • 1 day | 79.00 | +0.00 | +0.00% | ||
|
Kansas Common • 4 days | 74.00 | +0.25 | +0.34% | ||
|
Buena Vista • 5 days | 88.22 | +0.99 | +1.13% |
Breaking News:
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Energy / Oil Prices
Oil Prices Lag Despite Early OPEC Cuts
The Organization of Petroleum Exporting Countries produced 751,000 bpd less in December than in the previous month in a rush to prop up prices, OPEC said in its latest…
Oil Rises After Choppy Start To The Week
Oil prices rose by roughly 2 percent early on Tuesday, recovering from Monday’s loss which came after China reported weak trade data, signaling that its economic growth could be slowing…
There Is Still Room To Run For Oil Prices
“The oil market looks to be broadly balanced in 2019, an improvement on 2018 which turned out oversupplied,” Morgan Stanley analysts Martijn Rats and Amy Sergeant wrote in a note.…
Oil Enters Bull Market As Shorts Are Wiped Out
After crude suffered a near record, 44% plunge in the fourth quarter, one which left commodity funds reeling and both OPEC and oil exporting nations in a panic,…
What Apple’s Tailspin Means For Oil Prices
Global equity markets are entering the New Year in the doldrums and are spooking traders and investors alike, closely mirroring the decline in manufacturing growth in both the U.S.…
Canadian Oil Prices Reach 12-Month High
Canadian crude oil hit the highest price level in more than a year on growth in oil-by-rail shipments, Bloomberg reports based on data about price movements for the commodity…
The Overlooked Factor Driving The Rally In Oil
The overall sentiment among oil traders is wary these days. The OPEC+ production cuts went into effect at the start of 2019, but it’s too early to say who is…
Is WTI Set To Rally?
U.S. crude oil prices hit the lowest in 18 months in the last week of 2018, having slumped by nearly 40 percent from four-year highs hit in early October. In…
Oil Rises On Hopes Of A U.S.-China Trade Deal
After starting the New Year in the red, crude oil stabilized higher today on reports that China plans to hold talks with the United States next week to settle their…
Is Trump Really Responsible For Lower Oil Prices?
President Trump boasted of low gasoline prices on Wednesday, taking credit for the recent market meltdown. “People see the job we’re doing. People see that gasoline is way down. And…
U.S. Gasoline Prices Could Be About To Skyrocket
Gasoline prices at the pump are at more than a year’s low, but this may change in the coming months, according to the head of petroleum analysis at GasBuddy, Patrick…
Oil Prices Rise As Saudi Oil Exports Plummet
Saudi Arabia’s oil exports plummeted in the last month of 2018, reassuring oil markets that OPEC’s de facto leader may have enough fortitude to carry the water of the cartel…
Why 2019 Could Start With An Oil Rally
Oil prices have regained significant ground since the Christmas Eve meltdown, and there is potential for higher prices in the weeks ahead. Trying to guess what will happen next with…
Oil Set For First Annual Drop In Three Years
Despite a slight recovery in oil prices on the last day of 2018, benchmarks are set for their first overall annual decline since 2015, Reuters reports, noting since the…
Why Oil Prices Rose And Crashed In 2018
Last week the price of West Texas Intermediate (WTI) crude oil, the primary U.S. benchmark, fell to a 17-month low. The price, $45.88/bbl, marks a stunning fall from a price that closed…
Why Russia Isn’t Worried About Lower Oil Prices
Even as Saudi Arabia has scrambled to prevent a bust in the oil market, so far failing to head off a dramatic price slide, Russia seems just fine with prices…
Russia Blames Fed Interest Hike For Low Oil Prices
It seems that the Federal Reserve can’t get a break. For months, President Trump has been increasingly criticizing the Fed’s policy of incrementally increasing interest rates, a near-unprecedented move for…
Falling Oil Prices May Spark New Debt Crisis
U.S. oil prices at below $50 and now even below $45 a barrel could cause concerns about the debt levels of some energy companies, Nasdaq energy analyst Tamar Essner told…
Oil Stabilizes At $50 After Christmas Crash
Crude oil prices rose on Boxing Day after an extensive decline that saw West Texas Intermediate creep close to US$40 and Brent briefly fall below US$50 a barrel. Today at…
UBS: Expect $80 Brent Next Year
Unlike some investment banks that were quick to revise down their forecast for crude oil benchmarks next year, Swiss UBS is rather bullish: its head of asset allocation for APAC,…
