 |
WTI Crude •12 hours | 40.55 | +0.93 | +2.35% |
|
Brent Crude •11 hours | 43.24 | +0.89 | +2.10% |
|
Natural Gas •12 hours | 1.805 | +0.026 | +1.46% |
|
Mars US •11 hours | 41.65 | +0.93 | +2.28% |
|
Opec Basket •2 days | 43.31 | +0.16 | +0.37% |
 |
Urals •1 day | 42.80 | -0.55 | -1.27% |
|
Louisiana Light •2 days | 41.49 | -1.10 | -2.58% |
|
Marine •2 days | 43.68 | +0.40 | +0.92% |
|
Murban •2 days | 43.93 | +0.23 | +0.53% |
|
Iran Heavy •1 day | 42.52 | +0.51 | +1.21% |
|
Basra Light •2 days | 46.00 | -0.71 | -1.52% |
|
Saharan Blend •1 day | 42.86 | +0.60 | +1.42% |
|
Bonny Light •1 day | 43.28 | +0.60 | +1.41% |
|
Canadian Crude Index •10 hours | 29.05 | +0.97 | +3.45% |
|
Western Canadian Select •9 hours | 31.62 | -1.28 | -3.89% |
|
Canadian Condensate •1 day | 38.62 | -1.28 | -3.21% |
|
Premium Synthetic •22 hours | 40.02 | -1.28 | -3.10% |
|
Sweet Crude •9 hours | 35.52 | -1.28 | -3.48% |
|
Peace Sour •9 hours | 35.12 | -1.28 | -3.52% |
|
Louisiana Light •2 days | 41.49 | -1.10 | -2.58% |
|
Domestic Swt. @ Cushing •1 day | 37.00 | +0.75 | +2.07% |
|
Giddings •1 day | 30.75 | +0.75 | +2.50% |
|
ANS West Coast •3 days | 44.59 | +0.25 | +0.56% |
|
West Texas Sour •1 day | 34.50 | +0.93 | +2.77% |
|
Eagle Ford •1 day | 38.45 | +0.93 | +2.48% |
Breaking News:
Will This Be The Slowest Year Ever For Oil & Gas Mergers?
Last year’s oil and gas…
Wall Street’s Big Coronavirus Mistake
The coronavirus has wreaked havoc…
Energy Stocks Battered As Market Meltdown Continues
Oil stocks took yet another…
Finance
World Bank To Cut Off Oil & Gas Funding
As part of its support to countries to meet their Paris Climate Agreement targets, the World Bank said on Tuesday that it would stop financing upstream oil and gas…
Goldman: Automated Trucks To Cost 300k Jobs Per Year
While Google’s Waymo company has taken center stage for bringing self-driving cars to roads, autonomous trucking may make it to the mainstream first. Silicon Valley startups, technologists, and venture capitalists…
Did Venezuela Just Default?
S&P Global Ratings declared Venezuela in default just as the country’s Vice President Tareck El Aissami met with creditors to discuss the restructuring of its debt. According to
5 Big Gainers In Oil & Gas This Week
Energy has been the worst-performing S&P 500 sector so far this year, losing 10.8 percent year-to-date. The top 15 U.S. oil companies by market capitalization have felt the sting…
Logical And Illogical Reasons To Short Tesla
For me, shorting Tesla (TSLA) is like crack or heroin for some people…I know it is dangerous and I really shouldn’t do it, but at times the urge overtakes me…
Why Wall Street Is Bullish On Refiners
WTI tumbles below $47 as negative sentiment about excess crude supply grows in light of extended refiners’ shutdowns, while Wall Street piles on with more detailed estimates about Harvey's impact…
Goldman’s Commodity Unit Sees Worst Q1 In A Decade
The leading commodities trader among global investment banks, Goldman Sachs, is assessing the future direction of its commodities business, following the worst start to a year in more than a…
Wall St. Gears Up For The World’s Biggest Oil Trade
International banks are preparing for the Hacienda Hedge – the secretive oil deal that has seen Mexico earn billions from successful bets on future oil prices. Detailed in an
Will Ecuador’s Mining Sector Return To Its Golden Days?
It was a tough day for mining in Latin America yesterday, with prosecutors in Brazil announcing a $43.55 billion lawsuit against BHP Billiton and Vale over…
Physical Gold Demand At A 6 Year Low But Prices Soar
Gold is looking strong again this week — gaining after the Bank of Japan unexpectedly held off on stimulus Thursday, causing a decline in the dollar. Gold stocks are also…
South African Miners Disgruntled After Changes In Mining Code
The mining sector in one of the world’s most important platinum, gold and coal nations is in an uproar this week. After the government surprised the…
Copper Prices Ignited By Chinese Demand Growth
A couple of very important notes for the copper market the last few days. Which have the price for the red metal once again showing unexpected…
Gold Prices Could Spike As India Resumes Imports
For nearly six weeks, the global gold market has been missing its largest buyer. With gold purchases across the nation of India being paralyzed by a…
Is South America Set For A Gold Rush?
There was a very interesting note buried within a report this weekend from the Wall Street Journal on gold M&A from Chinese mining firms. It suggested…
West African Nations Crack Down On ‘’Inactive’’ Miners
Interesting concurrence of events the past week. With not one, but two countries announcing plans for major overhauls in the mining sector. Those are the West…
Huge Uranium Deposits May Soon Be Fair Game In Argentina
The most intriguing news on the world stage this week came from uranium. Where a longtime no-go mining nation looks to be on the verge of…
Gold Prices Could Take Off As Unrest In Indian Markets Eases
A couple of updates. One quick, and one at greater length. First, from the energy sector of East Africa — where I discussed Monday how
Uranium Production Costs Fall For The First Time In 5 Years
There was good news in the Uranium sector this week in the form of a report that working conditions appear to be improving for the world’s…
Chile Sees Unrest In Its Gold And Copper Sectors
Major issues are emerging in the world’s largest copper-producing nation this week. In Chile a key union of copper miners has called a strike for today,…
How Lower Demand For Steel Boosts Platinum Prices
More signs of major shifts in the platinum sector this week. With press in South Africa reporting that major producer Anglo American is close to a…
