 |
WTI Crude •10 mins | 40.52 | -0.13 | -0.32% |
 |
Brent Crude •10 mins | 43.16 | +0.36 | +0.84% |
|
Natural Gas •10 mins | 1.801 | +0.067 | +3.86% |
|
Mars US •15 hours | 41.65 | +0.83 | +2.03% |
|
Opec Basket •4 days | 42.89 | +0.23 | +0.54% |
|
Urals •4 days | 42.55 | +0.30 | +0.71% |
|
Louisiana Light •5 days | 41.18 | +0.56 | +1.38% |
|
Marine •3 days | 42.80 | +0.09 | +0.21% |
|
Murban •3 days | 43.12 | +0.21 | +0.49% |
|
Iran Heavy •3 days | 42.35 | +0.11 | +0.26% |
|
Basra Light •3 days | 46.33 | +0.04 | +0.09% |
|
Saharan Blend •3 days | 42.68 | +0.10 | +0.23% |
|
Bonny Light •3 days | 43.33 | +0.52 | +1.21% |
|
Canadian Crude Index •4 days | 29.32 | +0.00 | +0.00% |
|
Western Canadian Select •7 hours | 37.15 | +0.00 | +0.00% |
|
Canadian Condensate •7 hours | 39.65 | +0.00 | +0.00% |
|
Premium Synthetic •7 hours | 41.05 | +0.00 | +0.00% |
|
Sweet Crude •7 hours | 40.65 | +0.00 | +0.00% |
|
Peace Sour •7 hours | 35.65 | +0.00 | +0.00% |
|
Louisiana Light •5 days | 41.18 | +0.56 | +1.38% |
|
Domestic Swt. @ Cushing •4 days | 37.00 | +0.75 | +2.07% |
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Giddings •4 days | 30.75 | +0.75 | +2.50% |
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ANS West Coast •5 days | 43.39 | +0.30 | +0.70% |
|
West Texas Sour •4 days | 34.60 | +0.83 | +2.46% |
|
Eagle Ford •4 days | 38.55 | +0.83 | +2.20% |
Turkey’s Latest Geopolitical Gamble Could Result In Catastrophe
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Geopolitics
Turkey’s Latest Geopolitical Gamble Could Result In Catastrophe
The rosy future of the offshore East Mediterranean (East-Med) gas boom is in jeopardy. The current COVID-related economic downturn, combined with the dramatic drop in demand for oil…
Saudi Arabia Is Bullying OPEC Members Into Compliance
First, they said it nicely: play along and cut to your quotas, or we’ll all suffer low oil prices for longer. Then they put their foot down: start…
Russia And China Face-Off For Nuclear Dominance In Africa
Russian nuclear power is one continent closer to taking over the world. This week the Rwandan parliament approved a plan for the Russian state-owned nuclear conglomerate Rosatom to…
New U.S. Sanctions Unlikely To Derail Nord Stream 2
It is difficult to surprise anyone in today’s world with another set of sanction-slapping. A bipartisan group of US senators has expressed its intent to put another spoke…
UN Report Links Iran To Attacks On Saudi Oil Tankers
United Nations Secretary-General Antonio Guterres has told the Security Council in a report quoted by Reuters that cruise missiles used in attacks on Saudi oil facilities last…
Turkey’s Dangerous Energy Play Is Putting The Entire Region At Risk
In the world of energy geopolitics and economics are closely linked to each other. The exploitation of oil and gas reserves is a major source of income for…
Is The U.S. Prepared For War With China?
Mid-2020 saw the world at war, actual strategic war as far as the Forbidden Palace in Beijing was concerned. This was almost disbelievingly acknowledged by some…
Turkey Headed For An Unexpected Victory Libya's Oil War
The GNA’s militias and Turkish forces backed by Syrian refugee-mercenaries in Libya are no match for the combined firepower of General Haftar’s LNA, allied militias, and a host…
Europe’s Last Dictatorship On Collision Course With Russia
As much as Russia’s dealings with its neighbors are predominantly perceived as an exercise in brandishing the good old “energy weapon”, Moscow has been having a hard time…
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existential threat to…
Russia And China Are Battling For Influence In Oil Rich Iraq
With the U.S.’s patience wearing thin on its dealings with neighbouring Iran, endemic corruption still prevalent in both the south of the country and in the northern semi-autonomous…
Could Low Oil Prices Spark A New War In The Middle East?
It may seem that the worst-case scenario has already come to pass, as United States crude prices plunged far below zero on Monday, with the West Texas Intermediate…
Oil Crisis Challenges Putin’s Power
Russian President Vladimir Putin refuses to yield under pressure. That is a matter of pride for Putin himself and a key aspect of his appeal to Russian elites…
How China Is Capitalizing On The Coronavirus Chaos
This week is scheduled to see the lockdown of Wuhan - the Chinese city in which the global coronavirus pandemic began – end, following a recent visit to…
Oil Smuggling And Politics: Washington’s Patience With Iraq Is Wearing Thin
Under its effective leader, firebrand ultra-nationalist cleric Moqtada al-Sadr, Iraq is theoretically committed to not allowing itself to become overly dependent on any one country. That was the rallying call…
Crisis Stricken Venezuela Faces Mounting Pressure From The U.S.
Over the past weeks, the Trump Administration has tightened the noose around Nicolas Maduro’s regime, increasing pressure on the country sitting on top of the world’s largest oil…
Has Russia Reached Its Limit In The Oil Price War?
When Vladimir Putin was given a dire forecast of the economy under the cloud of a crippling coronavirus pandemic and a sharp fall in global demand for petroleum,…
U.S. Targets 20 Iranian Companies In Fresh Round Of Sanctions
The United States says it has imposed sanctions against 20 companies based in Iran and Iraq, along with officials and other individuals there who are accused of supporting…
The Great Saudi Shale Swindle
Saudi Arabia’s oil and gas giant, Aramco, has been given the go-ahead to launch the Jafurah shale gas field project, which will be the biggest shale gas development outside the…
Does Saudi Arabia Really Fear A Bernie Presidency?
Democrat presidential hopeful Senator Bernie Sanders raised eyebrows on the campaign trail when he referred to Saudi Arabia’s leadership as “murderous thugs”, raising the question of just how concerned the…
