 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 2 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 2 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 2 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Large Crude Inventory Build Rocks Oil Prices
Crude oil prices went lower…
Israel Claims to Have Dealt a Serious Blow to Hezbollah
Israeli authorities claimed to have…
Energy / Oil Prices
EIA: Brent Prices To Average $53 In 2017
As a result of rising oil prices in December, the U.S. Energy Information Administration has increased its forecast for both Brent and WTI crude oil prices by $2, and…
Oil Drops As Signs Of Rising U.S. Output Offset OPEC Optimism
Oil prices were down in early Monday trade after Baker Hughes reported on Friday yet another rise in the U.S. rig count, which, coupled with a stronger dollar, was more…
Oil Price Rebound May Come Too Late For UK Oil Sector
The ‘lower for longer’ oil price reality of the past two years has spared virtually no one in the industry, and the UK’s oil and gas companies have been among…
The Oil Supply Glut Is Here To Stay In 2017
It has become painfully obvious that the much-hyped OPEC agreement to reduce global oil production by close to 2 million bpd won’t have the effect that its initiators had hoped…
Why Russia Expects $40 Oil This Year
Budget deficit is a fascinating thing. It can turn around economies if it’s large enough or it can highlight their resilience, if it turns out to be not as large…
Shrinking Contango Points To OPEC Deal Success
The OPEC deal has sparked a rally in prices over the past few weeks, and crucially, it has also started to alter the shape of the futures curve, which could…
2017 – A Quiet Year For Oil?
After several years of turmoil, 2017 could provide investors with the mercy of a relatively quiet year for oil prices. There are reasons to be optimistic about prices going into…
Back To Black: At $50 Oil, Russia Could Soon Be Deficit-Free
Thanks to non-oil budget income, Russia has entirely offset the negative effects from lower oil prices in 2016, Finance Minister Anton Siluanov said at the end of 2016. What’s…
Goldman Sachs: Oil Prices To Remain Under $60 In H1 2017
On the back of OPEC cuts, Goldman Sachs expects WTI oil prices to rise to US$57.50 in the first half this year as reduced supply would move the market into…
Oil Rallies To 18-Month High As Kuwait, Oman Cut Output
Oil prices hit 18-month highs on the first full trading day of 2017, following reports by Al-Ansa newspaper that OPEC member Kuwait has cut output by 130,000 barrels a day…
A Correction In Crude Is Around The Corner
In the days leading up to the implementation of the OPEC deal, investors continue to remain bullish on oil prices. Hedge funds and money managers have snapped up bets on…
Oil Price Roulette: Investors Bet On $100 Oil
Oil prices are rising and speculators are already staking out bullish positions on futures for the next few months, but some traders are rolling the dice on a much bigger…
Expert Commentary: Libya Curtails OPEC Jawboning
- WTI moved sideways near $53 from the Sunday open through Thursday afternoon, submitting a high of $53.79 and a low of $52.08 along the way. The narrow $1.79 range…
Oil Traders See Market Balance By Mid-2017
The OPEC deal has raised the possibility of an oil supply deficit as early as the first half of 2017, according to the IEA, but the oil price rally has…
Can Killer Whales Strike A Blow Against Canada’s Oil Sands?
Is it possible that killer whales could cut into the long-term growth of Canada’s oil sands? Environmental groups are suing the Canadian government over its recent approval of Kinder Morgan’s…
Rising U.S. Oil Imports See Oil Prices Fall
Oil prices are little changed, as a build to crude inventories in today's weekly inventory report has been offset by solid draws to the products. As traders start to shift…
‘’EVs, Solar Could Push Oil Down To $10 By 2025’’
Oil prices could fall to as low as $10 per barrel within a decade as a “tsunami” of threats could undo demand. That prediction comes from Engie SA’s innovation chief,…
Traders Most Bullish On Oil Since 2014
Investors have become the most bullish on oil prices since the collapse began more than two years ago, betting that the OPEC deal will tighten the oil market, resulting in…
Oil Rises As Markets Regain Faith In OPEC Deal
After having tanked as a result of the Fed rate hike, oil prices rose towards 17 month highs on Friday as a result of renewed faith in OPEC’s production cuts
Goldman Flip Flops Again, Now Sees High OPEC Compliance
In just five days, Goldman Sachs has changed its mind about the expected OPEC cuts compliance, now seeing cartel members—especially Saudi Arabia—as having a “strong” incentive to stick to promised…
