 |
Louisiana Light • 2 days | 80.56 | +0.97 | +1.22% | ||
|
Bonny Light • 2 days | 81.80 | +0.14 | +0.17% | ||
|
Opec Basket • 2 days | 83.89 | +0.49 | +0.59% | ||
|
Mars US • 27 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 32 mins | 2.231 | -0.053 | -2.30% |
|
Bonny Light • 2 days | 81.80 | +0.14 | +0.17% | ||
|
Girassol • 2 days | 82.56 | +0.13 | +0.16% | ||
|
Opec Basket • 2 days | 83.89 | +0.49 | +0.59% |
|
Peace Sour • 12 hours | 61.61 | +1.45 | +2.41% | ||
|
Light Sour Blend • 12 hours | 65.46 | +1.45 | +2.27% | ||
|
Syncrude Sweet Premium • 12 hours | 70.06 | +1.45 | +2.11% | ||
|
Central Alberta • 12 hours | 63.61 | +1.45 | +2.33% |
|
Eagle Ford • 2 days | 74.34 | +1.45 | +1.99% | ||
|
Oklahoma Sweet • 2 days | 74.00 | +1.25 | +1.72% | ||
|
Kansas Common • 4 days | 65.00 | -0.75 | -1.14% | ||
|
Buena Vista • 4 days | 80.98 | -0.43 | -0.53% |
Used Car Market In Turmoil As Prices Collapse And Demand Wanes
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Finance / the Markets
Oil Market Forecast & Review 17th May 2013
After falling from $97.38 on May 6 to $92.40 on May 15, July crude oil rebounded on May 16 to regain almost 50% of its recent break. This turnaround was…
EU Raids BP and Shell Over Price-Fixing Concerns
Following on the Libor and Euribor interest rate fixing scandals, the European Commission (EC, the executive arm of the EU) has just on Tuesday this week raided the offices of…
JP Morgan: A New Type of Dirty Energy
As US power plants lose money, a bit of market manipulation goes a long way … ask JPMorgan Chase.The banking giant is accused of manipulating energy prices in…
What the US Dollar can Tell us about the Oil Market
Many investors study supply and demand statistics to figure out where they think the oil price is going.But by far, the biggest factor that determines the oil price…
Short Term Oil Market Predictions from OPEC and the EIA
Just this month Saudi Aramco announced that production had begun at their Manifa oilfield, and by July would be supplying up to 500 kbd to the new refinery…
Oil Market Forecast & Review 22nd March 2013
May crude oil futures surged early last week, but the rally stalled when the market reached the lower level of our target zone at $94.44. The actual high was $94.47.…
Oil Market Forecast & Review 15th March 2013
Oversold conditions on the daily chart and a strengthening economy helped drive May crude oil futures higher last week. The move through $92.50 confirmed the previous week’s closing price reversal…
Oil Market Forecast & Review 8th March 2013
After a five-week sell-off, April Crude Oil is showing signs of a potential short-term bottom on the weekly chart. Earlier this week it reached a low of $89.33 before a…
Oil Market Forecast & Review 22nd February 2013
In a move that has been anticipated for several weeks, Nearby crude oil futures plunged sharply lower the week-ending February 22 after support for higher-risks assets fell across the board…
Someone is Always Making Money Somewhere
Regardless of whether a market is moving up or down, there is always someone making money somewhere. There are various examples every day – be it a billionaire selling a…
Oil Market Forecast & Review 15th February 2013
After reaching a top at $98.24 on January 30, nearby crude oil futures weakened in what appeared to chart-watchers as the start of a short-term correction into a 50% retracement…
US Bancorp Hits Renewable Energy Market Running
Since 2008, and despite the hits the market has taken, US Bancorp (NYSE: USB) has invested $930 million in renewable energy projects, with $250 million of that in 2012 alone,…
Oil Market Forecast & Review 1st February 2013
After reaching a high at $98.24, March Crude Oil futures sold-off slightly and consolidated as long traders took a breather ahead of Friday’s U.S. Non-Farm Payrolls report. Despite strong speculative…
Energy Markets: The Past is Not Always the Key to the Future
Sometimes it is useful to take a look at the bigger picture, or a completely different picture, when trying to assess the vibe (man) of a certain market (i.e., energy),…
A Fresh Opportunity in Refining Stocks
The one party that continues to roll on in the midst of a very quiet energy sector remains refining. But you must be particularly careful where you go here, as…
What Traders of Commodity Stocks Need to Know About Rio Tinto’s Writedown
What Traders of Commodity Stocks Need to Know About Tio Tinto’s WritedownThe breaking report from Rio Tinto and their unexpected $14 billion write down tells two stories and…
Oil Market Forecast & Review 18th January 2013
Increasing demand for higher risk assets along with the unexpected drop in the past week’s U.S. crude oil inventories helped March crude oil spike higher into a Fibonacci price level.…
Rigging of the Oil and Gasoline Markets - What Will Obama do?
UBS paid $1.5 Billion for manipulating Libor, and Barclay`s already paid the piper for manipulating the Libor rate. Well, it is about time the CFTC get its act together, and…
The Fiscal Cliff and its Effect on Oil Markets
The United States’ fiscal cliff is very much related to several changes we have been going through recently, and will likely continue to experience:1. High oil prices (more…
Can the Fed Survive After QE3?
Each time the Fed undertakes a new program of quantitative easing, questions arise about the possible impact on its solvency. I addressed that concern in November 2010, at the time…
