 |
Louisiana Light • 1 day | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 1 day | 84.86 | -0.57 | -0.67% | ||
|
Opec Basket • 1 day | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 182 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.569 | -0.027 | -1.04% |
|
Bonny Light • 1 day | 84.86 | -0.57 | -0.67% | ||
|
Girassol • 1 day | 85.78 | -0.59 | -0.68% | ||
|
Opec Basket • 1 day | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 9 hours | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 9 hours | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 9 hours | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 9 hours | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 1 day | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 1 day | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 4 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Oil Takes a Breather as Geopolitical Risk Eases
WTI crude hangs above $80…
U.S. Drilling Activity Slips
The total number of active…
Breakthrough in Magnet Modeling Paves Way for Sustainable Energy Applications
Scientists have developed a new…
Energy
Oil Market Recovery Threatened By Weaker Fuel Demand
Gasoline demand appears to be weakening in some parts of the United States, as the coronavirus continues to spread. The states hardest hit by the
10 Energy Stocks Defying The COVID-19 Slump
The coronavirus's global spread has roiled energy markets, with the sector facing its worst existential crisis in history. Record low oil and gas demand, plunging profits, and massive asset writedowns have…
China Set To Fall Short On U.S. Energy Purchases
Even before the coronavirus pandemic upended all forecasts for global trade and energy demand, analysts had doubted that China would be able to fulfill its pledge in the…
Exxon vs Chevron: Which Is The Smartest Buy?
The ongoing shale bust is proving to be nothing short of catastrophic, leaving investors wondering whether even the titans will come out of it in one piece. Shale…
Colombia’s Gamble On Oil Could End In Disaster
The latest oil price collapse coupled with the considerable economic fallout from the coronavirus pandemic has battered Colombia’s fragile economy. As the strife-torn Latin American country emerged from…
Russia Eyes Another Massive Gas Pipeline To China
The Chinese and Russian leadership have over the years intensified political and economic collaboration. Troubling relations with the West in general and the U.S. in particular are increasingly driving Beijing…
Canada’s Oil Patch Is Bringing Production Back Online
Encouraged by higher oil prices, Canadian oil companies are bringing back some of the crude oil production they had curtailed, the top executives of some of the largest firms said…
Oil Falls After EIA Confirms Large Crude Inventory Build
Crude oil inventories in the United States swelled by 5.7 million barrels in the week to July 3, the Energy Information Administration reported, but gasoline inventories drew down. Analysts had
North Dakota Will Not Impose Oil Production Cuts
North Dakota’s oil regulators decided on Tuesday not to impose any oil production restrictions amid the coronavirus pandemic, The Bismarck Tribune reported. North Dakota follows Texas and Oklahoma in deciding…
World’s Biggest Oil Importer Is Running Out Of Storage
When the bottom fell out of international crude oil markets earlier this year, global oil storage was at a premium. In the United States, finding sufficient crude oil…
Why The Bakken May Not Come Back
The Bakken shale is already declining because of financial struggles and the oil market downturn, but the potential shuttering of the Dakota Access pipeline could close off the possibility of…
Big Oil’s Investment Risk Is Spiking
The major integrated oil companies: Shell,(NYSE:RDS.A, RDS.B); ExxonMobil, (NYSE:XOM); BP, (NYSE:BP); Chevron, (NYSE:CVX), and a few others, so named for their vertical stewardship of the hydrocarbon molecule from…
Abu Dhabi Raises Much-Needed Cash In Landmark Gas Deal
With a projected budget breakeven oil price of US$69.1 per barrel of Brent this year, according to IMF figures, but accounting for around 96.8 per cent of the UAE’s 98…
Huge Debt Payments Come At Worst Time Possible For Canadian Drillers
The collapse in oil prices has significantly deteriorated Canada's oil companies' finances and has made repaying their debt more challenging. Over the past decade, Canadian firms…
COVID-19 Set To Hasten UK Ban On Sales Of Gasoline And Diesel Cars
The pandemic is hitting hard economies worldwide, but it is also an opportunity to jumpstart an economic recovery to achieve the net-zero emission ambition of the United Kingdom,…
Venezuela’s Oil Riches Are Quietly Falling Under Russian Control
For decades during the Cold War, Latin America was a focal point of conflict between the two superpowers, the U.S. and Soviet Union. While the U.S. emerged victorious…
Third Major Blow For Pipelines: Keystone XL Project Stays Blocked
In the third major blow to oil pipelines in just two days, the U.S. Supreme Court ordered on Monday that construction of the long-delayed and once-resurrected Keystone XL project cannot begin.…
Top Energy Analyst Sees Oil Prices Soaring To $66 In 2021
The recovery in oil demand and the less-than-feared demand destruction earlier this year will support oil prices next year when producers will be playing…
China Inks Military Deal With Iran Under Secretive 25-Year Plan
Last August, Iran’s Foreign Minister, Mohammad Zarif, paid a visit to his China counterpart, Wang Yi, to present a roadmap on a comprehensive 25-year China-Iran strategic partnership that built upon…
Apple’s “Holy Grail Of Data” Leaves Oil Traders Disappointed
If there was anything certain to come out of the COVID-19 pandemic, it is that the oil market and its participants are struggling to guesstimate how long overall…
