 |
Louisiana Light • 3 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 176 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 2 days | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 2 days | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 2 days | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 2 days | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 2 days | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 3 days | 80.05 | +0.76 | +0.96% | ||
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Oklahoma Sweet • 3 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 3 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 4 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Geopolitical Tensions Fail to Spark Oil Price Surge
The fluctuating prices in response…
Reuters Estimates: Russian Oil and Gas Revenue to Double in April
Higher oil prices are expected…
Energy / Oil Prices
Did OPEC Just Issue A Warning For Oil Prices In 2017?
OPEC upgraded on Wednesday its 2016 projections for world oil demand growth to 1.22 million barrels a day (mb/d), up by 30,000 b/d from its previous…
Morgan Stanley: Oil To Fall To $35 In A Few Weeks
Morgan Stanley's Adam Longson has been one of the most bearish sell-side analysts on oil, and overnight he confirmed he isn't going to change his opinion any time…
Oil Soars 6 % As Andy Hall Warns Of A “Violent Reversal”
WTI Crude is up over 6 percent in 24 hours since yesterday's surprise build (and production cut), as the machines squeeze out an over-exuberant short positioning once again.…
Major Banks Growing More Bearish On Oil Prices
The renewed downturn in oil prices has forced major banks to slash their price forecasts for 2017 as a new bear market induces heightened pessimism. The Wall Street…
Why The Bear Market Could Be Over In A Flash
Oil entered bear market territory this week as WTI and Brent fell more than 20 percent from their June peaks. WTI even dropped below $40 per barrel for…
PIMCO Jumps On The Lower-For-Longer Bandwagon
“Over the secular horizon, Oil prices are likely to remain low,” said the PIMCO’s Global Advisory Board (GAB), while assessing global economic trends, according to the PIMCO…
Oil Prices Fall Below $40 As OPEC Ramps Up Output
Global oil prices fell below $40 a barrel on Monday, after Reuters’ new survey tallying oil output from OPEC countries showed outputs for the 13-member bloc at…
What’s Next For Oil - Could This Be The Start Of A Correction?
Oil prices are down roughly 20 percent from their high watermark for the year, reached in June, and the next steps could be dicey as a bear market…
Watch Out For The Bear Trap As Markets Become Oversold
Sellers continued to pound the September Crude Oil futures contract this week as support failed at two key retracement levels. The current downside momentum suggests the market could…
The Biggest Threat To Oil Prices Is The Dollar, Not A Supply Glut
The glut of gasoline and other refined products has taken center stage for the oil markets, threatening to initiate a new bear market and push oil prices
Crude Rally Unwinds Completely – Expect $40 Oil
Oil prices plunged on Wednesday as the EIA shocked traders once again, raising the possibility that the oil markets are not as close to “balance” as once thought.…
Why Oil Prices Are On A Crash Course This Fall
Refining maintenance season is a few weeks away, a period of time that could be hugely negative for oil prices. Already the oil markets are dealing with record levels…
Gasoline Glut Sees Oil Hover Around Retracement Zone
Crude oil traders acted like they had just awakened from a deep sleep on Thursday when they drove the September futures contract into its lowest level since April…
Top 10 Countries With The Cheapest And Most Expensive Gas
The U.S. consumes more gasoline than any other country, and the average household spends about $2,000 a year on gas. But in the last few years, low…
Why Oil Prices Might Not Rebound Until 2019
It’s a safe bet that investors are getting increasingly tired of all the conflicting forecasts about oil and gas prices. Some argue that oil is heading back to…
Why Another Oil Price Downturn Is A Distinct Possibility
In June 2015, oil prices surged to $60 per barrel, raising hopes that the oil price downturn would have been brief and the recovery swift. But by July,…
September Oil Is Walking A Thin Line
Next week, we’ll be celebrating the six-month anniversary of the September Crude Oil bottom at $32.85. This will come in on July 20. This week, we want to…
Is Oil Going Back Under $40?
• In recent weeks the oil market has seen negative sentiment drive prices lower based on expectations of heightened output (some of which have been realized) from recent…
The Bears Are Back – Oil Slides On Negative Sentiment
After oil prices rallied more than 80 percent between February and June, WTI and Brent have fallen back more recently, dropping from above $50 to just $45 per…
Citibank: We’re Nearing A Bull Market For Oil
Citigroup is “especially bullish” on commodities in 2017, the bank says. “The oil market is treading water for now, but the oil price overshot to the downside earlier…
