 |
Louisiana Light • 2 days | 89.15 | -0.01 | -0.01% | ||
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Bonny Light • 1 day | 90.37 | -1.56 | -1.70% | ||
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Opec Basket • 2 days | 90.18 | +0.61 | +0.68% | ||
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Mars US • 166 days | 77.67 | -1.57 | -1.98% | ||
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Gasoline • 31 mins | 2.730 | +0.002 | +0.05% |
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Bonny Light • 1 day | 90.37 | -1.56 | -1.70% | ||
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Girassol • 1 day | 90.93 | -1.38 | -1.49% | ||
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Opec Basket • 2 days | 90.18 | +0.61 | +0.68% |
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Peace Sour • 25 mins | 75.35 | -2.68 | -3.43% | ||
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Light Sour Blend • 25 mins | 78.40 | -2.68 | -3.31% | ||
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Syncrude Sweet Premium • 25 mins | 85.35 | -2.68 | -3.04% | ||
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Central Alberta • 25 mins | 75.75 | -2.68 | -3.42% |
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Eagle Ford • 2 days | 81.84 | -0.05 | -0.06% | ||
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Oklahoma Sweet • 2 days | 81.75 | +0.00 | +0.00% | ||
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Kansas Common • 2 days | 75.50 | -0.25 | -0.33% | ||
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Buena Vista • 6 days | 89.36 | +0.64 | +0.72% |
Breaking News:
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Energy / Oil Prices
OPEC Struggling To Keep Up The Pace In Oil Price War
Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil in…
Goldman Sachs Doubling Down On Failed Gas Price Prediction
Goldman, as well as everyone else, was dead wrong when it predicted that the tumbling gas prices are "unambiguously good" and would unleash a wave of…
Goldman Sachs Predicting $45 Oil By October
Could oil prices be in for yet another decline? Oil prices have rebounded with surprising speed in recent weeks, with WTI prices bouncing by more than…
Oil To Return To $80 With Or Without OPEC Cut Says Iranian Official
A senior Iranian energy official says he expects oil prices to rise to $80 per barrel late next year even if OPEC doesn’t cut production during…
This Innovation Will Help U.S. Companies Win The Oil Price War
Although some US oil companies are struggling with low oil prices, a new wave of innovation is hitting the oil patch, allowing for a significant reduction in drilling costs.
Oil Markets Indifferent To Latest ISIS Victory In Iraq
A major city in Iraq fell to ISIS militants, marking another milestone in the ongoing war between the US and Iraqi governments on one side, and the extremist group on…
Oil Prices Will Fall: A Lesson In Gravity
The oil price collapse is not over yet. It is more likely that the Brent price could fall back into the mid-$50 range than that it will continue to rise…
Rally’s Fate Could Hang On EIA Inventory Data Next Week
Despite the previous week’s potentially bearish chart pattern, July Crude Oil futures managed to trade higher most of the week. The key number which held as support was the previous…
3 Ways Oil Companies Can Survive Low Prices
Major oil and gas discoveries are at a 20-year low and depressed oil prices have already translated into smaller exploration budgets. That will diminish the chances of reversing this trend.
Did Low Oil Prices Actually Hurt U.S. Economy?
Low oil prices have provided a windfall to consumers around the world. In the United States, the second largest importer of crude (which was recently overtaken by China),…
Oil Markets Have Little To Fear From Iran For Now
After Iran and the P5+1 group of international mediators signed the framework for an interim agreement in Lausanne, there was a surge in reports from the international media, predicting a…
How China Could Hold The Oil Markets To Ransom
There is a tendency to think that the cost of oil is, by and large, a Middle East thing. When investors playing the stock market are chewing their nails over…
Time To Trim Positions In E&P Stocks
Regular readers will be aware that I am not one for overly complex technical analysis. Sometimes, however, all markets do trade based on technicals. When an obvious and well followed…
Investors Should Sell Weakness For The Time Being
June Crude Oil futures rallied earlier this week, taking out the psychological $60.00 level in the process. The rally was triggered by a price hike by Saudi Arabia, a protest…
Oil Price Recovery May Be Too Much Too Soon
Oil prices have hit their highest levels in 2015, with WTI surging above $60 per barrel. Crude oil inventories in the U.S. declined for the first time since December 2014,…
The “Upside Down” Peak Oil Story
The Wall Street Journal recently ran an article called, Glut of Capital and Labor Challenge Policy Makers: Global oversupply extends beyond commodities, elevating deflation risk. To me, this is…
Oil Sector May Not Cause Financial Apocalypse After All
Across the oil patch, banks are starting to close off their exposure to some of the riskiest oil drillers.A new monthly survey from the Federal Reserve finds…
Is This The Top For Oil Prices For Now?
E&P earnings are coming in and the impression we’re left with is that natural gas investment in Marcellus is being reduced, while oil overall appears to be incrementally ramping up…
Crude Futures Holding Firm On Supply Drawdowns
Crude Oil OutlookJune Crude Oil futures remained firm last week as the market flirted with the psychological $60.00 price level.…
Key Signals That Oil Prices Are On The Up
Oil prices are showing some signs of life as key indicators start pointing in a bullish direction.One of the big indicators to watch that…
