 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 1 day | 84.86 | -0.57 | -0.67% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.611 | +0.014 | +0.55% |
|
Bonny Light • 1 day | 84.86 | -0.57 | -0.67% | ||
|
Girassol • 1 day | 85.78 | -0.59 | -0.68% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 2 hours | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 hours | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 2 hours | 82.15 | -0.05 | -0.06% | ||
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Central Alberta • 2 hours | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 75.48 | -2.93 | -3.74% | ||
|
Oklahoma Sweet • 2 days | 75.50 | -2.75 | -3.51% | ||
|
Kansas Common • 3 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 4 days | 87.60 | -1.22 | -1.37% |
Breaking News:
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Energy / Oil Prices
IEA: Tight Markets To Push Oil Prices Above $80
The oil market is “tightening up,” according to a new report from the International Energy Agency (IEA). At first glance, the headline figures don’t look so bad. Global supply surpassed…
Hurricane Danger Lifts Oil Prices
Hurricane Florence, which is moving towards the U.S. East Coast, helped push prices higher today and will continue to act as a tailwind for West Texas Intermediate until at least…
OPEC Outages Are Driving Up Oil Prices
Geopolitics is once again driving oil prices, and after a pause this summer, tension and unrest could be back at the top of the agenda. Last week, rioters burned…
Saudi Arabia's Oil Price Sweet Spot
Saudi Arabia is looking to manage the oil market in a way that would keep oil prices in the $70 to $80 band for the time being, as the Kingdom…
Say Goodbye To Cheap Oil… For Now
Oil prices will be much higher over the next few years than previously thought, according to a new report from Barclays. The investment bank significantly raised its pricing forecast for…
Oil Nears $80 Per Barrel
Building on last week’s rally, which was spurred by fears of an impending supply crunch, oil prices are quickly approaching a two-month high with $80 Brent well within…
Oil Could Jump To $95 This Winter
West Texas Intermediate could rise as high as US$95 a barrel by this winter on the back of a number of factors, the leading among them the Iran sanctions, John…
The Bearish Case For Oil
A relatively new development in global oil markets has unfolded in recent months, one that has replaced another new development that also has the ability to also roil oil markets.…
Oil Rallies On Flurry Of Bullish News
Oil is on track for a second consecutive week of gains, after two months of losses. Oil prices have climbed 10 percent in the past two weeks, and the big…
Rising Supply Will Keep Oil Prices Rangebound
Rising oil production from various parts of the globe could keep oil prices “range-bound” for the rest of this year. During the second quarter, fears of supply shortages began to…
Oil Markets Are In For A Bumpy Ride
The always-volatile oil market is set for even more volatility over the next two years as investors and speculators try to make sense of the conflicting market forces determining the…
Oil Prices Jump As Saudis Cap Oil Supply
Oil prices jumped early on Tuesday, after Saudi Arabia reported that it had cut its crude oil production in July compared to June, in a move seen as an attempt…
Iran’s Latest Tactic To Save Market Share
Iran will lower the price of its crude for Asian clients, who are its biggest buyers, Iran reported, citing a source from the country’s oil ministry who wished to…
Turkey Turmoil Drags Oil Down
OPEC reported on Monday that Saudi Arabia cut its oil production in July, a surprise move after Riyadh had pledged to ramp up output following the June meeting in…
Saudi Arabia And Iran Reignite The Oil Price War
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the…
Oil Prices Hit 7-Week Low As Trade War Heats Up
After plummeting more than 3 percent on Wednesday, oil prices steadied early on Thursday, but still traded close to their seven-week low as the U.S.-China trade war is escalating and…
Locked Into Hedges, Shale Misses Out On Oil Price Rally
The shale industry is set to enjoy its best year, arguably in its history, but some drillers are not benefitting as much as expected because they locked themselves into hedges…
Analysts See WTI Oil Price Averaging $67 This Year
WTI Crude prices are expected to average $67.32 per barrel this year, and hold steady and range-bound for the rest of 2018 and 2019, as increased supply from OPEC and…
Why All The Experts Disagree On Oil Prices
Oil price projections are infamously all over the map, but the current chasm between various pricing forecasts is striking, offering wildly different views. On the low end we have Citibank,…
The Regulation That Could Push Oil To $200
Oil prices could spike as high as $200 per barrel over the next 18 months, which would cause an “economic crash of horrible proportions,” according to a new report. A…
