 |
WTI Crude •10 mins | 52.49 | -0.36 | -0.68% |
|
Brent Crude •10 mins | 55.43 | -0.38 | -0.68% |
|
Natural Gas •10 mins | 2.696 | -0.006 | -0.22% |
 |
Mars US •3 hours | 53.55 | +0.14 | +0.26% |
|
Opec Basket •2 days | 54.87 | +0.02 | +0.04% |
|
Urals •36 days | 42.22 | +0.00 | +0.00% |
|
Louisiana Light •2 days | 54.71 | -0.07 | -0.13% |
|
Marine •1 day | 55.61 | +0.31 | +0.56% |
|
Murban •1 day | 56.01 | +0.46 | +0.83% |
|
Iran Heavy •1 day | 52.15 | +0.47 | +0.91% |
|
Basra Light •1 day | 57.07 | -0.12 | -0.21% |
|
Saharan Blend •1 day | 55.49 | +0.25 | +0.45% |
|
Bonny Light •1 day | 55.38 | +0.32 | +0.58% |
|
Canadian Crude Index •1 day | 40.45 | +0.34 | +0.85% |
|
Western Canadian Select •7 hours | 39.06 | -0.16 | -0.41% |
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Canadian Condensate •24 hours | 51.61 | -0.16 | -0.31% |
|
Premium Synthetic •24 hours | 53.01 | -0.16 | -0.30% |
|
Sweet Crude •7 hours | 47.61 | -0.16 | -0.33% |
|
Peace Sour •7 hours | 46.36 | -0.16 | -0.34% |
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Louisiana Light •2 days | 54.71 | -0.07 | -0.13% |
|
Domestic Swt. @ Cushing •1 day | 49.25 | +0.25 | +0.51% |
|
Giddings •1 day | 43.00 | +0.25 | +0.58% |
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ANS West Coast •3 days | 55.81 | +0.49 | +0.89% |
|
West Texas Sour •1 day | 46.80 | +0.24 | +0.52% |
|
Eagle Ford •1 day | 50.75 | +0.24 | +0.48% |
Why Oil Will Keep Rising In 2021
While new lockdowns around the…
IMF Sees Oil Prices Averaging $50 In 2021
Oil prices are set to…
Energy / Oil Prices
Top Energy Analyst Sees Oil Prices Soaring To $66 In 2021
The recovery in oil demand and the less-than-feared demand destruction earlier this year will support oil prices next year when producers will be playing…
Saudi Arabia Hikes Oil Prices For The Third Consecutive Month
Brent oil prices rose early on Monday after Saudi Arabia raised its oil price for a third consecutive month, signaling recovering demand. As of 9:26 a.m. EDT on Monday, Brent…
Second Covid Wave Could Send Oil Prices Into “Tailspin”
Oil prices hit a four-month high on Thursday, pushed higher by supply restrictions and a global rebound in demand. However, the accelerating spread of the coronavirus across the…
Oil Prices Fall As Demand Outlook Worsens In U.S.
Oil prices fell early on Friday amid surging new coronavirus infections in the United States, which had market participants worried about the U.S. oil demand recovery trend. As of 9:20…
Goldman Sachs Expects Crude Prices To Rise In 2021
Goldman Sachs’ commodity analysts remain guarded about oil’s potential to rise over the near term, but in 2021, prices may start to improve, commodity chief Jeffrey Currie told Bloomberg’s Alix Steel.…
Citigroup: Oil Will Never Return To $100
Crude oil prices are unlikely to return to three-digit levels ever again, Citigroup commodity analysts said in a note, as quoted by Bloomberg. The idea of oil at $100 or higher,…
Aramco CEO Says The Worst Is Over For Oil
The worst in the oil market is over, Amin Nasser, president and CEO of the world’s biggest oil company, Saudi Aramco, says, adding that he is “very optimistic” for the…
Chinese Oil Majors Could Form A Powerful Buyers Club
China’s state-owned oil companies—Sinopec, CNOOC, PetroChina, and Sinochem—are discussing an arrangement to buy crude oil together instead of individually, to avoid bidding wars and gain more bargaining power, unnamed sources…
Oil May Never Hit $100 Again
For more than a week now, oil prices have consolidated around the psychologically important $40/barrel level as the worst of the recent oil price crash appears to be…
WTI Jumps To $40 On Demand Recovery
The U.S. benchmark WTI Crude jumped to $40 a barrel early on Friday with oil prices heading for a strong weekly gain, after the OPEC+ group had laggards pledge full…
Oil Prices Remain Excessively Vulnerable To Shocks
Crude oil price started the week on the seesaw, with headwinds and tailwinds battling for control in a persistently unstable market situation. A spike in Covid-19 infections on the one…
UAE: Output Cuts Will Send Oil Prices To ‘Normal’ Levels
The ongoing record production cuts from the OPEC+ group are set to push oil prices up to ‘normal’ levels soon, Suhail Al Mazrouei, energy minister of the United Arab Emirates…
Will America’s Pipeline Operators Survive The Oil Crisis?
When shale drillers in the world’s largest oil producer started shutting in oil wells that had suddenly become uneconomical, many in the industry breathed a sigh of relief.…
Oil Set For First Weekly Loss In Seven Weeks
Despite the fact that oil posted mixed results on Friday morning, prices were set for their first weekly loss in seven weeks after a spike in coronavirus infections across the…
Barclays Expects Higher Oil Prices But Slow Recovery
Barclays raised its oil price forecast for crude oil by $4 a barrel but noted that the price improvements will be slow. Reuters reports the bank now expects Brent…
The Tiny Island Nation That Can’t Get It’s Natural Gas Boom Going
The Eastern Mediterranean was one of Europe’s most closely followed drilling regions – for many years leading European politicians have espoused the idea of connecting the offshore bounties…
Oil Prices Crash On Second Wave Of COVID-19
Oil has had a turbulent year. Crude prices went negative for the first time in history, followed by one of the biggest rallies the industry has ever seen. And now,…
The Most Dramatic Year In The History Of Oil
There are very few industries in the world that have been hit as hard or are set to face as many consequences as the oil and gas industry…
Goldman Sachs Banked A Billion Dollars On The Oil Price Crash
Back in late March, Goldman stunned commodity traders when its energy strategist Jeffrey Currie predicted that landlocked oil (such as WTI, and unlike…
$35 Brent: Goldman Sachs Turns Bearish On Oil
The relief rally in oil may be coming to an end as oil market fundamentals are turning bearish once again and pointing to Brent Crude slipping back to $35 in…
