 |
Louisiana Light • 4 days | 83.45 | -0.94 | -1.11% | ||
|
Bonny Light • 4 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 4 days | 83.79 | -0.44 | -0.52% | ||
|
Mars US • 185 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.576 | -0.012 | -0.48% |
|
Bonny Light • 4 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 4 days | 85.44 | -0.34 | -0.40% | ||
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Opec Basket • 4 days | 83.79 | -0.44 | -0.52% |
|
Peace Sour • 2 hours | 71.68 | +0.37 | +0.52% | ||
|
Light Sour Blend • 2 hours | 74.73 | +0.37 | +0.50% | ||
|
Syncrude Sweet Premium • 2 hours | 81.68 | +0.37 | +0.46% | ||
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Central Alberta • 2 hours | 72.08 | +0.37 | +0.52% |
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Eagle Ford • 4 days | 74.59 | -0.84 | -1.11% | ||
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Oklahoma Sweet • 4 days | 74.50 | -1.00 | -1.32% | ||
|
Kansas Common • 7 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 8 days | 87.60 | -1.22 | -1.37% |
Global Metals Markets Face Uncertainty as Russian Ban Takes Effect
The recent ban on Russian…
Sinopec Challenges India's Energy Influence with New Sri Lanka Refinery
The refinery project in Sri…
Oil Takes a Breather as Geopolitical Risk Eases
WTI crude hangs above $80…
Energy
Goldman Sachs Crushes Hopes Of Oil Price Recovery
Goldman Sachs has been extremely pessimistic about the oil market over the last year and a half, and the latest from their head of commodity research, Jeff…
Geopolitical Oil Glut: What Happens When Libya Exports 600,000 bpd in 4 Weeks?
TRIPOLI—Only a day after the head of the Libyan National Army (LNA) took over Libya’s key oil ports to the dismay of Western powers trying to gain support…
How Big An Impact Will A Rate Hike Have On Oil Prices?
Oil prices could be facing a significant jolt after Federal Chair Janet Yellen, in her annual speech at the Jackson Hole economic symposium in Wyoming, said that the…
Will Saudi Aramco Be Able To Lay Its Hands On Houston Refinery?
At a time when U.S. and Saudi relations are strained, the Saudi Arabian Oil Company is reportedly leading in a race to buy a large refinery in Houston.…
World’s Most Expensive Oil Project Could Finally Come Online
One of the world’s largest oil projects could soon come online, bringing a rush of new supply that could delay the oil market balance. The Kashagan oilfield is…
What Is Holding The Electric Car Market Back?
Listening, reading, and procuring the overall electric vehicle (EV) market, it could be ascertained that EVs will overtake fossil fuel vehicles in the near future. While the EV…
OPEC Production Sinks On Libya And Nigeria
The new OPEC Monthly Oil Market Report is out with crude only production numbers for August 2016. All charts are through August 2016.
Oil Prices Slide On Strong Builds In Distillates
Happy middle O'week! After temporarily ripping higher in response to a surprise draw to crude inventories, oil prices are looking lower once more, as bearish builds from the…
The Worst Oil Crisis Ever? IEA Sees Unprecedented Decline In Investment
The oil bust has created the longest period of declining investment in the global energy industry in nearly half a century, according to a new report from the…
Natural Gas Prices To Spike In Europe After Supply Disruptions Here
The oil and gas fallout has been contained from Oklahoma’s major earthquake last week. With regulators ruling this week that a number of the shut-in water disposals wells…
Oil Spikes After EIA Reports Unexpected Draw To Crude Stocks
Crude oil inventories in the U.S. fell by 600,000 barrels last week to 510.8 million barrels, the Energy Information Administration reported, adding that they remain at unseasonably…
Mexico’s Pemex Boasts 6 New Offshore Oil Discoveries
Mexico’s state-owned oil and gas company Pemex announced the discovery of six new oil deposits in the Gulf of Mexico, four of them in shallow waters, and…
Are Hedge Funds Positioning For An OPEC Disappointment?
The OPEC meeting in Algiers at the end of the month and the cooperation pact between Saudi Arabia and Russia hasn’t convinced the hedge funds that oil will…
IEA Claims Oil Will Be Lower For Longer
Oil prices plunged more than 2 percent on Tuesday after the IEA said that global oil demand is slowing. In its latest Oil Market Report, the IEA downgraded…
Iranian Expert Uses Climate Change To Pressure OPEC To Cut
An Iranian energy expert has warned that the policy pursued by Saudi Arabia-led OPEC might end in an environmental disaster. More specifically, according to Mohammed Sadegh Djoukar,…
Big Break Through For Small Scale LNG
With the price differential between oil and LNG sending mixed signals to the market, is the time right to look at Small Scale LNG (SSLNG)? Below we outline…
Is This A Sign That Oil Majors Are Becoming More Bullish
French oil company, Total SA announced in a press release Friday that it would be exercising the rights to obtain 75 percent of the lease agreements in…
Crude Crumbles On Weak IEA Data
Oil prices fell 3% on Tuesday on bearish IEA data and a strong dollar after posting small gains on Monday.
Oil Prices Slammed By Bearish IEA Data And Strong Dollar
The combination of a strong US dollar and a weak IEA report is clobbering crude today. As the market limbers up for tomorrow's EIA report, hark, here are…
Saudi Arabia Overtakes U.S. As Largest Oil Producer
Saudi Arabia has overtaken the U.S. as the world’s biggest oil producer for the first time since 2014, according to the Oil Market Report by the International…
