 |
Louisiana Light • 5 days | 85.01 | +5.14 | +6.44% | ||
|
Bonny Light • 3 days | 88.16 | -1.48 | -1.65% | ||
|
Opec Basket • 4 days | 92.76 | +2.49 | +2.76% | ||
|
Mars US • 2 days | 77.49 | -1.94 | -2.44% | ||
|
Gasoline • 10 mins | 2.426 | +0.057 | +2.39% |
|
Bonny Light • 3 days | 88.16 | -1.48 | -1.65% | ||
|
Girassol • 3 days | 87.96 | -1.44 | -1.61% | ||
|
Opec Basket • 4 days | 92.76 | +2.49 | +2.76% |
|
Peace Sour • 3 days | 75.48 | -0.92 | -1.20% | ||
|
Light Sour Blend • 3 days | 76.78 | -0.92 | -1.18% | ||
|
Syncrude Sweet Premium • 3 days | 85.73 | -0.92 | -1.06% | ||
|
Central Alberta • 3 days | 75.08 | -0.92 | -1.21% |
|
Eagle Ford • 4 days | 77.71 | -0.92 | -1.17% | ||
|
Oklahoma Sweet • 4 days | 77.75 | -1.00 | -1.27% | ||
|
Kansas Common • 41 days | 84.00 | +3.50 | +4.35% | ||
|
Buena Vista • 5 days | 92.66 | +6.24 | +7.22% |
U.S. LNG Can Only Solve A Part Of Europe’s Gas Problem
U.S. LNG will play a…
Oil Prices Could Be Set For Another Sharp Rise
Bullish and bearish catalysts are…
Energy / Oil Prices
White House Ready To Deploy "Tools" For Oil Price Control
The Biden administration stands ready to deploy its tools to address the latest increase in oil prices, a spokeswoman for the National Security Council said this week. "We continue to…
Tight Physical Crude Market Points To Higher Oil Prices
Prices of physical crude cargoes have rallied this year, signaling resilient global oil demand even in the face of record-high COVID cases in the Omicron wave. Crude grades…
Will Oil Markets Finally Find Balance In 2022?
As we kick off the new year, the race is on to predict the course that the oil market will take in 2022. The bulls and the bears…
Goldman Sachs Sees $105 Oil In 2023
Oil prices could hit $100 this year and rise to $105 per barrel in 2023, on the back of a “surprisingly large deficit” on the oil market now due to…
Oil Jumps To Highest Level Since 2014 On UAE Drone Attack
Oil jumped to a seven-year high early on Tuesday, the day after Iran-aligned Houthis attacked targets in the United Arab Emirates (UAE) with drones, adding to the continued tightness in…
World’s Largest Oil Trader: Prices Are Set To Rise Further
Crude oil has already gained 10 percent since the start of the year and has further to go, Vitol's head of Asia told Bloomberg in an interview. "These prices…
Could Oil Really Reach $200?
Oil is about to post its fourth week of gains in a row, and the outlook remains bullish thanks to supply constraints and demand strength. But one hedge fund manager…
Oil Prices Jump Over 3% Ahead Of Inventory Data
Oil prices jumped more than 3% on Tuesday afternoon in the runup to the much-watched API crude oil inventory data report as doubts continue to be raised about OPEC’s ability…
Oil Prices Sink Again On Demand Fears
Oil prices sank on Monday on fresh demand fears, even trumping supply outages in Libya and the chaos in Kazakhstan. The Brent crude oil benchmark slipped $0.95…
Oil Rallies Amid Worsening Unrest In Crude Producer Kazakhstan
Oil prices shrugged off a large implied slump in U.S. gasoline consumption last week and rallied on Thursday morning amid continued unrest in oil-rich Kazakhstan. As of 9:55 a.m. EST…
Oil Tops $80 After OPEC+ Sticks To Plan To Ease Cuts
Oil prices rose by 1% early on Wednesday, with Brent Crude topping $80 per barrel, after OPEC+ signaled confidence in oil demand through the Omicron wave and reiterated its view…
Oil Prices Jittery Ahead Of OPEC+ Meeting
Oil prices fell on Monday morning, erasing small gains from earlier in the day, as OPEC+ is largely expected to continue easing the collective production cuts by 400,000 bpd next…
Chronic Underinvestment Could Push Oil Prices Higher In 2022
Long-suffering Americans grappling with runaway inflation are finally enjoying some reprieve. After a relentless climb, prices at the pump have been heading south, with national average gas prices…
Saudi Arabia Doubles Down On Asian Demand
The rapid spread of the Omicron variant has been spooking the oil community at large and despite OPEC shrugging off any major demand disruption in its short-term forecasts, it…
Brazil Rushes Ahead With Key Oil Projects As Prices Remain Elevated
With Brazilian oil demand set to continue, Petrobras is making big plans for oil and gas as well as testing the water with greener fuels, although it is…
Oil Prices Crash On Renewed Omicron Panic
Crude oil prices took a dive on Monday morning with WTI crashing 6% on the day as fresh Omicron fears spooked the market. At 11:32 a.m. EDT,
Tight U.S. Oil Inventories Prop Up Oil Prices
U.S. oil demand and inventories have offered support to oil prices in recent months and, volatility excluded, have continued to do so, with stocks below the five-year average…
Oil Prices Dip As Omicron Cases Surge
Oil prices fell early on Friday and were on track for a weekly loss as the fast-spreading Omicron COVID variant increased concerns about a potential hit to oil demand, while…
Goldman Sees Oil At $100 By 2023
Goldman Sachs has forecast crude oil prices could hit $100 in 2023 as demand growth outpaces supply growth. "There's insufficient supply in the face of strong demand," said Damien…
Saudi Arabia: Hasty Energy Transition Will Lead To Oil Price Spikes
The energy transition and the shift toward renewable energy have to be managed very carefully in order to prevent a surge in oil prices as energy demand continues to rise,…
