 |
Louisiana Light • 4 days | 88.38 | +1.26 | +1.45% | ||
|
Bonny Light • 1 day | 88.85 | -1.30 | -1.44% | ||
|
Opec Basket • 4 days | 89.19 | +0.80 | +0.91% | ||
|
Mars US • 179 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 hour | 2.746 | -0.003 | -0.11% |
|
Bonny Light • 1 day | 88.85 | -1.30 | -1.44% | ||
|
Girassol • 1 day | 89.64 | -1.21 | -1.33% | ||
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Opec Basket • 4 days | 89.19 | +0.80 | +0.91% |
|
Peace Sour • 5 hours | 75.83 | -1.22 | -1.58% | ||
|
Light Sour Blend • 5 hours | 78.88 | -1.22 | -1.52% | ||
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Syncrude Sweet Premium • 5 hours | 85.83 | -1.22 | -1.40% | ||
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Central Alberta • 5 hours | 76.23 | -1.22 | -1.58% |
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Eagle Ford • 4 days | 80.33 | +0.28 | +0.35% | ||
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Oklahoma Sweet • 4 days | 80.25 | +0.25 | +0.31% | ||
|
Kansas Common • 4 days | 74.00 | +0.25 | +0.34% | ||
|
Buena Vista • 5 days | 88.22 | +0.99 | +1.13% |
Breaking News:
Rising Middle East Risk Sparks Fear of $100 Oil
In case of further escalation,…
Traders Became More Bullish on Oil As Middle East Risk Surged
The crude oil net long…
Energy / Oil Prices
Goldman Sachs: Oil Unlikely To Reach $100
Crude oil is unlikely to reach US$100 a barrel as various analysts have warned, Goldman Sachs’ chief of commodities Jeffrey Currie told S&P Global Platts in an interview. This…
Goldman Sachs: This Is The Next Big Risk For Oil
Echoing commentary published here during the weekend, overnight Goldman's chief commodity Jeffrey Currie repeated his recommendation to overweight allocation to oil to "hedge against increased geopolitical risks, driven by…
Oil Prices Subdued, But For How Long?
Crude oil is about to end this week with the first weekly loss in a while under the combined weight of various bearish factors, but some analysts still believe we…
What Will OPEC Do To Calm Stormy Oil Markets?
The oil market is well-balanced and well-supplied. This was one of the key messages in the speech that OPEC’s Secretary General Mohammad Barkindo delivered at the Oil & Money…
Oil Experts Divided As Iran Sanctions Loom
The heads of the world’s top oil trading houses are unanimous that Iranian sanctions will remove a large chunk of oil from the market, more than initially expected, but they…
What’s Next For Oil Prices?
Oil prices rallied last week to their highest level since November 2014, with Brent Crude hitting $86 and WTI Crude rising above $75 a barrel at one point…
Fear Has Driven Oil Prices Too High
The bulls are well and truly back in the oil market, with many analysts and traders predicting $100 oil by Christmas. But upon closer inspection, these claims appear to be…
Egypt Feels The Squeeze Of Higher Oil Prices
Thanks to a huge natural gas discovery off its coasts, Egypt has just become self-sufficient in this key energy source, welcoming what it hopes to be its last liquefied natural…
Why The Oil Price Rally May Soon End
Oil forecasters are falling over themselves, publishing new estimates on how high they think prices can go. The rise of Brent to $85 per barrel has forced a rethink among…
Why The Saudis Can’t Keep A Lid On Oil Prices
Saudi Arabia is incapable of offsetting all of Iran’s crude oil supplies, according to the latest oil market message shared by several analysts who spoke to CNBC. Based on…
What Explains The Bizarre Price Surge In Oman Crude?
While oil traders have been generally punting to the "November Iran sanctions" as the reason why in recent weeks a bevy of $100 oil forecasts have emerged (even if…
Total: Oil Could Rise To $100 And That’s Bad News
Supply disruptions and the lag time associated with OPEC’s ability to increase production could send oil prices to $100 a barrel, but this isn’t good news for the economy and…
Goldman Sachs: Oil Prices Won’t Hit $100
$100 oil is suddenly all the rage, but some analysts remain unconvinced. The supply outages in Iran combined with the decision by OPEC+ not to take further action to…
Oil Price Rally Hits Asia Where It Hurts
Rising oil prices are pushing up prices for fuels in Asia, and this is coming at a bad time; many Asian currencies are depreciating as economic growth falters. This is…
Traders Turn Bullish Ahead Of Iran Sanctions
It’s that season again: ahead of the final quarter of the year, oil markets are once again riled by an event that will have a major effect on prices. Last…
$100 Oil Is A Distinct Possibility
An oil price spike is starting to look increasingly possible, with a rerun of 2008 not entirely out of the question, according to a new report. The outages from Iran…
JP Morgan: Expect Brent Oil To Reach $90 On Iran Sanctions
JP Morgan expects Brent Crude to hit $85 a barrel over the next six months—with a spike to $90 likely—as the investment bank raised its oil price projections to…
OPEC Meeting Sets Oil Markets Up For A Price Spike
The OPEC/ non-OPEC JMCC meeting in Algiers has provided a very diffuse outcome. Oil markets seem to be heading to a state of instability, as oil supplies come under severe…
Iran Terror Attack Boosts Oil Prices More Than OPEC Meeting
The weekend terrorist attack in Iran could be more important to oil prices than Sunday’s OPEC meeting, as the attack could exacerbate a rivalry in the most crucial oil-producing region…
Why WTI Could Crash In The Coming Weeks
West Texas Intermediate could drop to US$65 a barrel later this year on the back of extra maintenance work at U.S. refineries, Tom Kloza from the Oil Price Information Service…
