 |
Louisiana Light • 3 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 2 days | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 3 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 197 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 2 days | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 2 days | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 3 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 2 days | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 2 days | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 2 days | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 2 days | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 3 days | 75.71 | +0.60 | +0.80% | ||
|
Oklahoma Sweet • 3 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 3 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 4 days | 83.26 | +0.61 | +0.74% |
Breaking News:
Five Countries With the Cleanest Energy Grid Globally
Several countries worldwide have achieved…
Europe Is Once Again Worried About Russian Spies
Spy dens across Europe are…
LNG Market Faces Disruption as Red Sea Closure Forces Risky Detours
The LNG market will remain…
Energy
English
Español
عربي
Français
中文
日本語
Oil Set For First Annual Drop In Three Years
Despite a slight recovery in oil prices on the last day of 2018, benchmarks are set for their first overall annual decline since 2015, Reuters reports, noting since the…
Low Oil Prices Could Cripple Texas Job Growth
Job growth in Texas is not exactly screeching to a halt, but low oil prices could start to lead to weaker employment figures. “The Texas labor market will likely tighten…
Why Oil Prices Rose And Crashed In 2018
Last week the price of West Texas Intermediate (WTI) crude oil, the primary U.S. benchmark, fell to a 17-month low. The price, $45.88/bbl, marks a stunning fall from a price that closed…
Oil Markets Brace For A Rebound
Crude oil and natural gas futures are sharing a similar pattern this week. Both markets reached their lows early on before sitting in a range the rest of the week.…
Mexican Army Starts Major Crackdown On Fuel Theft
Mexico’s military have taken control over 58 key fuel installations in the country, including refineries, upon orders by new President Andres Manuel Lopez Obrador, who has vowed to fight…
Oil Prices Set To Rebound In 2019
Crude prices finished off the year with a small rally, and analysts are suggesting oil could climb even higher in the coming months. (Click…
U.S. Rig Count Rises As Canadian Drillers Prepare For Winter
Coming off a rather abysmal week for oil prices, Baker Hughes reported a 3-rig increase for oil and gas in the United States this week. The total number of active…
EIA Inventory Report Stops Price Slide
A day after the American Petroleum Institute pressured already stressed oil prices further with an unexpected inventory build, the Energy Information Administration reported instead that crude oil inventories were virtually…
The Mediterranean Pipeline Wars Are Heating Up
Things have been quite active in the Eastern Mediterranean lately, with Israel, Cyprus and Greece pushing forward for the realization of the EastMed pipeline, a new gas conduit destined to…
Has Oil Hit Rock Bottom?
Oil prices roared back on Wednesday, rebounding and regaining some of the steep losses suffered in previous trading days. The bounce suggests there are some signs of life in the…
Wall Street Sees Oil Price Recovery In 2019
Investment banks have had to recalibrate their oil price forecasts for next year after prices plunged by more than a third from early-October highs. As 2019 is drawing nearer, Wall…
Why Russia Isn’t Worried About Lower Oil Prices
Even as Saudi Arabia has scrambled to prevent a bust in the oil market, so far failing to head off a dramatic price slide, Russia seems just fine with prices…
OPEC+ Will Not Be Formalized
OPEC and Russia-led non-OPEC oil producers are highly unlikely to create some kind of a formal joint organization for managing the oil market, due to the additional bureaucracy and…
Russia Blames Fed Interest Hike For Low Oil Prices
It seems that the Federal Reserve can’t get a break. For months, President Trump has been increasingly criticizing the Fed’s policy of incrementally increasing interest rates, a near-unprecedented move for…
The Battle To Control Russia’s Pipelines
For much of 2018, the internal situation of Russia’s oil market was remarkably peaceful – no hostile takeovers and no overt antagonization. To a significant degree, this was the result…
Looking Back On A Wild Year For Oil Prices
For the oil market, 2018 has been a roller coaster ride. Ups and downs are always expected, but the twists and turns seen this year were exceptional by any standard.…
What’s In Store For OPEC In 2019?
OPEC has come through some turbulent times in the last few years as oil prices fell to decade lows. It has implemented production cuts, has rallied Russia to climb onboard…
Natural Gas Prices Could Fall Further
The spike in natural gas prices in November may prove to be short-lived. Natural gas spot prices jumped as high as $4.70/MMBtu in November, the highest price since the Polar…
Falling Oil Prices May Spark New Debt Crisis
U.S. oil prices at below $50 and now even below $45 a barrel could cause concerns about the debt levels of some energy companies, Nasdaq energy analyst Tamar Essner told…
Oil Stabilizes At $50 After Christmas Crash
Crude oil prices rose on Boxing Day after an extensive decline that saw West Texas Intermediate creep close to US$40 and Brent briefly fall below US$50 a barrel. Today at…
