 |
Louisiana Light • 2 days | 87.56 | +0.00 | +0.00% | ||
|
Bonny Light • 2 days | 88.85 | -1.30 | -1.44% | ||
|
Opec Basket • 2 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 179 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 hours | 2.705 | -0.044 | -1.58% |
|
Bonny Light • 2 days | 88.85 | -1.30 | -1.44% | ||
|
Girassol • 2 days | 89.64 | -1.21 | -1.33% | ||
|
Opec Basket • 2 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 14 hours | 75.83 | -1.22 | -1.58% | ||
|
Light Sour Blend • 14 hours | 78.88 | -1.22 | -1.52% | ||
|
Syncrude Sweet Premium • 14 hours | 85.83 | -1.22 | -1.40% | ||
|
Central Alberta • 14 hours | 76.23 | -1.22 | -1.58% |
|
Eagle Ford • 2 days | 79.11 | +0.00 | +0.00% | ||
|
Oklahoma Sweet • 2 days | 79.00 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -1.00 | -1.35% | ||
|
Buena Vista • 5 days | 88.82 | +0.60 | +0.68% |
Breaking News:
Traders Became More Bullish on Oil As Middle East Risk Surged
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Rising Middle East Risk Sparks Fear of $100 Oil
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Energy / Oil Prices
Interest Rate Hike Hits Oil Hard
Oil prices have been slammed over the past week, dragged down by a variety of forces, including soaring U.S. shale production, higher-than-expected output from Russia, and worries about global demand.…
What’s Behind The Crash In Crude?
Oil prices crashed to new one-year lows on Tuesday, dragged down by a deepening sense of global economic gloom as well as fears of oversupply in the oil market itself.…
Canadian Crude Price Spike Won’t Last
Earlier this week Bloomberg reported that Canadian heavy crude prices had soared so high after the institution of a production cut in Alberta that some producers were already finding…
Global Market Turbulence Caps Oil Prices
The ink has barely dried on the highly-anticipated OPEC+ deal, but the oil market is moving on, growing concerned about other issues. Oil prices gained around 4 percent immediately after…
Citi: Oil Prices Are Going Nowhere Next Year
We’ve been here before and since global oil markets are indeed cyclical, Citi’s new oil price forecast for 2019 should not come as much of a surprise. The bank…
Iran Widens Discount For Crude To Asia
Iran is going to offer its crude to Asian buyers, to be delivered in January, at US$1 per barrel less than this month, Reuters reports, citing a pricing document. The…
Asian Oil Futures Point To Higher Crude Prices
The markets of crude oil and liquefied natural gas (LNG) in Asia are currently awash with fuel. Yet, futures prices pointed to different market situations in oil and LNG as…
Morgan Stanley Slashes Oil Price Forecast For 2019
Morgan Stanley has cut its Brent crude price forecast for 2019 by US$10 a barrel to US$68.50 in the latest sign yet that the OPEC+ production cuts announced after…
Oil Soars After OPEC And Partners Reach Deal
Oil prices shot up on Friday after the stubborn holdout Iran agreed to have OPEC reduce oil production by a total of 800,000 bpd, while non-OPEC nations, led by…
Oil Prices Crash As OPEC+ Scrambles At 11th Hour
Oil prices crashed early Thursday, as OPEC failed to reveal a solid agreement in Vienna, at least not yet. After hours of meetings, OPEC cancelled its news conference,
Is This The Beginning Of The Next Bull Run In Oil?
It will be a busy few days for the oil market, and the week started off with a bang. Oil prices shot up on Monday on news that the U.S.…
Oil Jumps On Trump-Xi Trade Truce
Crude oil began trading today with a 5-percent gain following favorable reports from G20, where Presidents Trump and Xi agreed on a 90-day truce and Russia’s Vladimir Putin said…
Why We Should Worry About Low Oil Prices
Many people, including most Peak Oilers, expect that oil prices will rise endlessly. They expect rising oil prices because, over time, companies find it necessary to access more difficult-to-extract oil.…
Do Falling Oil Prices Help Or Hurt The U.S.?
“If you repeat a falsehood long enough, it will eventually be accepted as fact.” In the financial markets, and economics, it is a common occurrence for the media and commentators…
Russia’s Oil Minister: Oil Prices Are Good Where They Are
“In my view, the current price range of oil is comfortable for both producers and consumers,” said Russia’s Energy Minister Alexander Novak in an interview with news agency TASS.…
How Much Lower Can WTI Go?
West Texas Intermediate yesterday fell to US$50 a barrel, after the Energy Information Administration reported yet another weekly inventory build with production at record highs, making the United States the…
Oil Prices Rally As Russia May Be Joining The Cuts
Just a few hours after WTI Crude dipped below $50, oil prices wiped out losses and started climbing on Thursday after reports that Russia has conceded that it needs…
Could Oil Prices Fall To $40?
Crude market volatility has soared in the second half of 2018, with prices touching a four year high before entering their longest losing streak in three decades. Analysts…
Platts Survey: Brent Oil Price To Average $75 Next Year
Brent Crude is expected to average $75.50 a barrel next year, according to an S&P Global Platts survey of 11 top banks and oil brokers, who see OPEC…
Trump Thanks Saudis For Lower Oil Prices, Wants Even Cheaper Crude
It didn’t take long for U.S. President Donald Trump to comment on oil prices, just ten days after he expressed hope that OPEC wouldn’t cut oil production. On Wednesday morning,…
