 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 12 mins | 2.715 | +0.001 | +0.04% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 4 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 4 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 4 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 4 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
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Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Breaking News:
Is $100 Oil Within Reach?
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Energy / Oil Prices
Oil Prices Rally To 2016 Highs On Weaker Dollar
Two hundred and three years after David Melville patented the gas streetlight, and oil prices are lit up once again today. Prices are rallying for a…
Playing The Volatility Game In Oil
Crude inventory data from the Department of Energy (DOE) has the tendency to cause massive volatility in today’s market, with prices hovering perilously close to resistance…
OPEC-Russia Meeting Set For April With Or Without Iran
OPEC and Russia are pushing ahead with a planned meeting to discuss a production freeze, and have agreed to meet in Doha on April 17.
Why Oil Prices May Not Move Higher
The oil-price rally that began in mid-February will almost certainly collapse. It is similar to the false March-June 2015 rally. In both cases, prices increased largely…
We’re Close To Forming A Major Bottom For Oil
All eyes will be on Friday’s close this week in the May Crude Oil futures market because of the breaking news on Thursday regarding the anticipated…
Oil Prices Up In Spite Of Crude Inventory Build
On the 84th birthday of the most wonderful Keely Smith (no relation, by the way), the oil market is reversing yesterday’s losses and going ‘zooma zooma’…
Six Reasons The Current Oil Short Covering May Have Legs
The professional money managers covered 25,639 short contracts for crude oil last week—the highest figure in the past 11 months. These large short squeezes are indicative…
Contraction In U.S. Shale Pushes Oil To $40
Crude oil prices have rallied by more than 30 percent since early February and investors are growing more confident that a rebound is in order. Have…
Looking For A Pattern In Choppy Oil Markets
We, as human beings, love to look for order. We have a problem accepting that not everything falls into neat patterns, so we go back, look…
Strong Demand For Gasoline Shifts Momentum To Upside
April Unleaded Gasoline surged this week, indicating that prices may have reached an important low. The trend is still down, however, momentum has shifted to the upside. “We are in…
Oil Price Volatility And Market Predictions
Oil market observers will appreciate that the oil price has become more volatile of late with daily movements of several percent common place. A friend…
Shale Set To Decline Substantially This Year
U.S. shale has weathered the oil crash better than many expected, but the stubborn persistence of low prices through 2016 could amount to the “straw breaking…
Another False Rally in Oil
Most people who study energy markets believe that, at some point, oil will recover, at least partially. Not even the most bullish observers see $110/Barrel oil…
Why OPEC Production Freeze Could Pave The Way For Actual Cuts
Defying skepticism that their countries could agree on any measures to stabilize global crude markets and prices, Saudi Petroleum and Natural Resource Minister Ali al-Naimi and…
Oil Production Rumor Mill Continues To Turn As Iran Hints At Freeze
After Russia and several top OPEC nations, including Saudi Arabia and Qatar, announced a general agreement to freeze oil production, sights shifted to Tehran to…
Historic OPEC-Russia Agreement Will Have Minimal Impact
Several top OPEC producers made headlines with Russia on Tuesday, revealing that a secret meeting between their respective energy ministers led to a deal to “freeze”…
Oil Price Volatility Off The Charts
Oil prices and the broader financial markets have suffered from acute bout of volatility so far in 2016, with no signs of letting up. The CBOE…
OPEC-Russia Rumors Persist After Comments From Rosneft Chief
The rumors over a coordinated production cut between OPEC and Russia continue. On Wednesday, the head of Russia’s state-owned oil company Rosneft floated the idea of…
Oil Glut Compounded By Cracks In Global Economy
Will oil go below $20? Jeffrey Currie, the head of commodities research at Goldman Sachs, said on Bloomberg TV on Tuesday that he wouldn’t be…
Could Gasoline Drop Below $1 Per Gallon?
Retail gasoline prices have dipped below $2 per gallon across the United States. But gas might drop below $1 per gallon soon in some places of…
