 |
WTI Crude •10 mins | 57.44 | -0.46 | -0.79% |
|
Brent Crude •10 mins | 63.74 | -0.44 | -0.69% |
|
Natural Gas •10 mins | 2.275 | -0.009 | -0.39% |
 |
Mars US •6 hours | 61.60 | +0.37 | +0.60% |
|
Opec Basket •4 days | 65.29 | +1.34 | +2.10% |
|
Urals •1 day | 60.75 | +0.70 | +1.17% |
|
Louisiana Light •4 days | 63.60 | -0.58 | -0.90% |
|
Marine •1 day | 64.04 | -0.02 | -0.03% |
|
Murban •1 day | 65.10 | +0.25 | +0.39% |
|
Iran Heavy •1 day | 57.19 | -1.35 | -2.31% |
|
Basra Light •1 day | 66.02 | -0.83 | -1.24% |
|
Saharan Blend •1 day | 63.26 | -1.31 | -2.03% |
|
Bonny Light •1 day | 65.06 | -1.16 | -1.75% |
|
Canadian Crude Index •6 hours | 41.06 | +0.61 | +1.51% |
|
Western Canadian Select •7 hours | 43.03 | +0.36 | +0.84% |
|
Canadian Condensate •8 days | 53.08 | +0.36 | +0.68% |
|
Premium Synthetic •7 hours | 57.88 | +0.36 | +0.63% |
|
Sweet Crude •7 hours | 52.68 | +0.36 | +0.69% |
|
Peace Sour •7 hours | 51.43 | +0.36 | +0.70% |
|
Louisiana Light •4 days | 63.60 | -0.58 | -0.90% |
|
Domestic Swt. @ Cushing •1 day | 54.00 | +0.25 | +0.47% |
|
Giddings •1 day | 47.75 | +0.25 | +0.53% |
|
ANS West Coast •5 days | 66.21 | +2.85 | +4.50% |
|
West Texas Sour •1 day | 51.85 | +0.47 | +0.91% |
|
Eagle Ford •1 day | 55.80 | +0.47 | +0.85% |
Oil Ticks Higher In Bear Market
Oil prices rose earlier this…
OPEC Production Falls To 5-Year Low As Demand Forecasts Sour
OPEC brought its oil production…
Oil Fundamentals Remain Bearish Despite Bullish Headlines
A variety of bullish headlines…
Energy
The Oil Company Investors Fear Most
Last week saw another upwards revision in Saudi Arabia’s proved oil reserves, this time via BP (although the figures came from Saudi’s state hydrocarbons behemoth, Saudi Aramco), putting them 11%…
Is Big Oil’s Plastic Bet Going Sour?
While Greenpeace activists were busy planning their occupation of a BP drilling rig, Exxon and Sabic sealed a US$10-billion deal…
Norwegian Oil Pioneer: Big Oil’s Exodus Has Started
Smaller independent oil and gas producers will have more opportunities to develop resources on the Norwegian Continental Shelf (NCS) because in ten years’ time all oil majors except state-participated Equinor…
Are Oil Markets At A Turning Point?
Oil prices spiked on Tuesday as news of a planned meeting between President Trump and President Xi on the sidelines of the G-20 gave markets hope that the trade war…
U.S. Oil Sanctions Trigger Recession In Iran
Iran’s economy contracted by 4.9 percent in the 2018-2019 year ended in March, slipping further into recession as diminishing oil exports due to the U.S. sanctions are depriving the…
Oil Prices Jump On Hopes Of End To U.S.-China Trade War
Oil prices erased earlier losses and surged on Tuesday morning after U.S. President Donald Trump said that he would meet his Chinese counterpart next week to discuss the ongoing trade…
OPEC Aims For $60-$70 Oil
OPEC members are happy with crude oil prices between US$60 and US$70 per barrel, Equatorial Guinea’s oil minister Gabriel Mbaga Obiang Lima told S&P Global Platts in an interview,…
The Oil Price Risk Analysts Are Ignoring
Oil prices have given up some of the gains from last week’s oil tanker attack in the Gulf of Oman, with recession fears outweighing geopolitical tension and the risk of…
Cheddar To The Rescue? UK Company Uses Cheese To Power 4,000 Homes
A UK dairy in Yorkshire has signed an agreement with a local biogas plant to supply it with a by-product of cheese-making that would be turned into thermal power…
Supply Woes Keep Oil Prices Subdued
The fundamentals seem to be heading in the wrong direction for oil prices, with demand weakening even as supply continues to exceed expectations. The result is a rapid buildup in…
