 |
Louisiana Light • 4 days | 93.55 | -0.08 | -0.09% | ||
|
Bonny Light • 3 days | 96.23 | -1.40 | -1.43% | ||
|
Opec Basket • 4 days | 97.48 | +2.17 | +2.28% | ||
|
Mars US • 2 days | 88.89 | -0.92 | -1.02% | ||
|
Gasoline • 2 days | 2.440 | -0.065 | -2.61% |
|
Bonny Light • 3 days | 96.23 | -1.40 | -1.43% | ||
|
Girassol • 3 days | 97.26 | -1.46 | -1.48% | ||
|
Opec Basket • 4 days | 97.48 | +2.17 | +2.28% |
|
Peace Sour • 2 days | 86.21 | -1.97 | -2.23% | ||
|
Light Sour Blend • 2 days | 86.71 | -1.97 | -2.22% | ||
|
Syncrude Sweet Premium • 2 days | 95.31 | -1.97 | -2.03% | ||
|
Central Alberta • 2 days | 84.51 | -1.97 | -2.28% |
|
Eagle Ford • 4 days | 88.19 | +1.32 | +1.52% | ||
|
Oklahoma Sweet • 4 days | 88.25 | +1.25 | +1.44% | ||
|
Kansas Common • 5 days | 84.00 | +3.25 | +4.02% | ||
|
Buena Vista • 5 days | 98.88 | +2.54 | +2.64% |
Gas Production From Giant Groningen Field To Halt Completely On October 1
The giant Groningen gas field…
An Apparently Unstoppable Oil Price Rally
There appears to be no…
Energy / Oil Prices
Oil Prices Flat As OPEC Reveals Export Increase
Crude oil exports by OPEC members have gone up by more than 200,000 bpd so far in August, PetroLogistics data has shown, as cited
Two Oil Price Crashes Later, Shale Investors Are Finally Being Paid
Some early investors in the Texas shale patch are now reaping the benefits of not giving up on the Permian basin over the past decade and sticking with…
Brent Crude Zooms Towards $100 As OPEC+ Leaks That It May Cut Production Again
Two months ago, we said that with oil tumbling from its post-Ukraine war highs, it's only a matter of time before OPEC+ makes a mockery of the Biden-MBS "amicable" fistbump...
Oil Has Become Too Volatile For Traders
Price volatility is a trader’s bread and butter, but in oil, volatility is becoming excessive, pushing traders away and making life harder for a lot of businesses that…
Oil Dips As Fear Of Recession Prevails On Market
After two days of gains, oil prices turned lower early on Friday, weighed down by lingering concerns about recession in major economies and a strong dollar, which makes crude more…
Oil Prices Rally As Traders Focus On Tight Supply Outlook
Crude oil prices resumed their climb on Thursday, reclaiming some of the ground lost over the last month. At 1:30 p.m. ET, the WTI benchmark was trading at $91.09, a…
Barclays Slashes Oil Price Forecast To $103 Per Barrel
Resilient Russian oil supply and an expected surplus on the market prompted Barclays to slash its Brent oil price forecast to $103 per…
Oil Drops 5% On Disappointing Economic Data From China
Oil prices fell sharply on Monday, dragged down by disappointing economic data from the world’s largest crude oil importer and the world’s second-largest crude oil consumer. The price of WTI…
Goldman Sachs Cuts Oil Price Forecast To $110 This Quarter
Goldman Sachs revised down its Brent price forecast for this quarter to $110 a barrel, down from a previous projection of $140 per barrel, but the investment bank still…
Dodgy Demand Data? The Oil Price Collapse Conspiracy
WTI crude oil prices fell to their lowest point since early February on Thursday, giving up virtually all gains since Russia invaded Ukraine. WTI crude…
Oil Prices Climb Even As Payroll Report Surprises
The price of crude oil rose on Friday, balking at the July U.S. jobs report, which suggested that the Federal Reserve could tighten further and limit the…
Oil Prices Fall To $90, But It’s Not Enough For Biden
After touching the highest level since 2009 above $130/bbl, oil prices have pulled back sharply over the past two months with both Brent and WTI crude currently trading…
Oil Could Fall to $90 If Inflation Persists
Crude oil prices could fall to $90 per barrel if the economies of the world's two biggest consumers continue struggling with growth, Bharat Petroleum's chairman told the Economic Times.…
EIA Inventory Report Pushes Oil Prices Higher
Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory draw of 4.5 million barrels for the week to July 22. This compared with…
Saudi Aramco May Hike Flagship Crude Prices To Record High Over Benchmarks
Saudi Arabia could hike the price of its flagship crude grade going to Asia in September to a record-high premium over benchmarks, a Bloomberg survey of expectations of five…
Oil Prices Slide As IMF Sees Global Economy Teetering On The Brink
Crude oil prices fell on Tuesday as the International Monetary Fund warned that high inflation and the Russian-Ukraine war could send the global economy to the brink…
Oil Prices Rally Back Above $100
Oil prices rose by 2% early on Friday, with Brent rebounding to above $100 per barrel at the end of a very volatile week, amid reports that President Joe Biden’s…
Oil Could Climb Higher If Officials Fail To Agree On Russian Price Cap
Failure to agree on a price cap for Russian oil will push international prices higher, a U.S. government official has warned, adding that the cap would need to be accompanied…
UK Authority Finds “Cause For Concern” In High Fuel Prices
The UK’s Competition and Markets Authority (CMA) launched on Friday an in-depth market study of the domestic road fuel market after finding “cause for concern” in a rising gap…
Can Yellen Convince Asia To Put A Price Cap On Russian Oil?
U.S. Treasury Secretary Janet Yellen will seek support for the U.S. idea of capping Russian export crude oil prices during an upcoming visit to Asia next week, the Associated Press…
