 |
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 • 2 days | 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:
Stronger Chinese Oil Imports May Send WTI Above $80
Positive demand signals from China…
Chinese EV Makers Squeeze Out Foreign Competition
Chinese carmakers were planning to…
EU Proposes First Batch Of Sanctions On Russian LNG
The proposed sanctions would prevent…
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Shale Production Booms As Global Supply Wobbles
Friday May 11, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Global Energy Advisory May 11th 2018
The U.S. withdrawal from the Iran nuclear deal is now a fact and the market has reacted as expected, namely with a knee-jerk reaction that saw Brent and WTI both…
Is This Oil Rally Sustainable?
July West Texas Intermediate crude oil is in a position to post its highest close since late 2014 on Friday. The rally is being driven by looming U.S. sanctions against…
Could Oil Hit $100?
Oil prices have continued their climb following a week of bullish news, and with geopolitical tensions reaching a boiling point, prices are poised to head even higher.
U.S. Rig Count Increases Sharply Amid Rising Crude Output
US drillers added 13 rigs to the number of oil and gas rigs this week, according to Baker Hughes, adding 10 active oil rigs and 3 active gas…
Russia To See Oil Revenues Jump Fivefold
Due to the oil price rally, Russia expects its oil and gas revenues to jump fivefold compared to the expected revenues set in its 2018 budget, according to the Finance…
Iran Accuses U.S. Of Pushing Up Oil Prices
U.S. President Trump has made a deal with some OPEC producers to keep prices high as they support the U.S. economy and boost federal taxes. This is what Iran’s Energy…
The Oil Major Accelerating Venezuela’s Decline
While the oil market is understandably on edge about the potential supply outages in Iran, there are real outages going on in Venezuela, losses that could grow significantly worse…
Permian Bottleneck Provides Huge Opportunity For Oil Traders
Oil production in the fastest-growing U.S. shale play, the Permian, continues to boom, while takeaway capacity has not kept up. Pipeline availability issues have led to a major discount on…
India Is The Best Bet For National Oil Companies
The prospect of peak oil demand is a threat to oil companies around the world, but a much more serious threat to national oil companies, who are responsible for keeping…
Bank Of America: Oil Prices Could Hit $100 Next Year
Strong global oil demand growth, quickly falling inventories, and geopolitical issues from Iran to Venezuela could push oil prices to as high as $100 a barrel in 2019, Bank…
Oil Markets Tremble On Iran, Israel Flare-Up
Brent crude briefly jumped above US$77 a barrel today after a flare-up of tensions in the Middle East and an exchange of strikes between Iranian forces in Syria and the…
Did Trump Just Kill The OPEC Deal?
Trump’s decision to kill the Iran deal could put an end to the OPEC agreement. As has been widely discussed in the aftermath of President Trump’s decision to withdraw from…
Who Was Buying Iranian Oil And What Happens Next?
With Trump having started the 6 month process of pulling out from the Iranian nuclear deal (or rather as Steven Mnuchin admitted, Trump's true intention is merely renegotiating the existing deal…
Goldman: Oil Prices To Hit $82.50 By The Summer
Increased geopolitical tensions in the Middle East, plunging Venezuelan production, and now the U.S. withdrawal from the Iran nuclear deal could push Brent Crude prices to $82.50 a barrel…
Saudi Arabia Ready To Start Pumping More Oil
Saudi Arabia is ready to increase its oil production in response to the expected decline in Iranian crude oil for international markets following President Trump’s withdrawal from the Iran nuclear…
Oil Prices Rise After EIA Reports Draw Across The Board
Amid rising oil prices following President Trump’s withdrawal from the Iran nuclear deal, the Energy Information Administration added to the bullish sentiment by reporting a draw of 2.2 million…
U.S. Shale’s Refining Crisis
U.S. shale is growing so quickly that it is presenting new challenges for refiners. The quality and type of the oil mix, particularly in the U.S., is changing because of…
Europe Buys More Russian Gas Despite Strained Relations
The West-Russia relations have reached a new low since the Cold War amid the spy poisoning scandal in the UK, allegations of Russian meddling in elections, and fresh U.S. sanctions…
How Russian Trolls Are Disrupting Energy Markets
It is well-established that Russian trolls attempted to sow discord during the latest U.S. presidential election. But a recent report from the House Science, Space and Technology Committee has charged…
