 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 25 mins | 2.734 | +0.009 | +0.33% |
|
Bonny Light • 2 days | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 2 days | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 15 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 15 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 15 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 15 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Arab Nations Act Against Iran-Israel Escalation
Arab states, including Jordan, Saudi…
Putin Looks To Capitalize As West Diverts Attention From Ukraine
Russia sees advantages in the…
Geopolitics / International
IEA: U.S. Sanctions On Iran Could Create Major Challenge For Oil Supply
The current easing of the short-term concerns about oil supply could only be temporary, because the return of the U.S. sanctions on Iran—possibly coupled with production problems elsewhere—could make maintaining…
Canada Frees Itself From Saudi Oil Imports
The ongoing political row between Canada and Saudi Arabia over Ottawa’s demand that the kingdom release detained women’s rights activists in the country is picking up momentum. Earlier this week,…
The Next Big Energy Standoff Will Happen Here
The Association of Southeast Asian Nations (ASEAN) and China have agreed on a so-called single working text to continue negotiations for a Code of Conduct (COC) in the disputed…
Are Oil Markets Underestimating Iran’s Threats?
Iranian officials have suggested that they could shut the Strait of Hormuz if the U.S. moved to completely disrupt Iranian oil exports, a dire scenario that would present a supply…
The Most Important Waterway In The Oil World
Tensions between the United States and Iran continue to rise, with U.S. President Donald S. Trump issuing a threatening tweet against Iran’s President Hassan Rouhani amidst preparations to re-impose…
India And China Could Mitigate Damage For Iran
How much oil from Iran will be disrupted because of U.S. sanctions? American officials have gone back and forth on this, but many of the people who decide how much…
Saudis To Invest $10B In South Africa’s Energy Sector
Saudi Arabia has pledged to chip in $10 billion in funds to South Africa’s ailing power sector, according to a South African government spokesperson cited by CNBC. The funds…
Nord Stream 2's Confusing Endgame
The summer of 2018 will go into history as the moment when a US president fundamentally and decisively changed the international world order which its predecessors worked hard on during…
Iraq Orders Internet Blackout To Quell Protests
As southern Iraq reels from snowballing protests that threaten oil facilities at a critical political weak point, the outgoing prime minister is taking dangerous measures to stop them, including…
OPEC To Rule Oil Markets Till Peak Demand
OPEC will continue to play a key role in oil supply and prices in the global oil market through 2040, despite the relentless oil production in the Permian and expectations…
Domestic Unrest Threatens OPEC’s No.2
Iraq’s future is again tottering with protests erupting of the country. Baghdad is being confronted by internal unrest, as economic and social problems have spilled over into the political arena.…
Will Bulgaria Become Europe’s Next Gas Hub?
German support for Russia’s plans to double the capacity of the Nord Stream natural gas pipeline under the Baltic Sea has, in turn, encouraged Bulgaria’s aspirations to develop a regional…
More Western Energy Companies Leave Iran
Iran is still trying to get EU help as more western companies exit the country ahead of renewed sanctions imposed by the U.S. In more bad news for the Islamic…
How Bad Is Iran’s Oil Situation?
The U.S. government has continued its attempts to shut down Iran’s oil exports, and in recent days Iranian officials responded by threatening to block the Strait of Hormuz. Such an…
Russia Joins The Global Trade War
Whether this is a coordinated response is unclear - and certainly on a much smaller scale - but Bloomberg reports that Russian Prime Minister Dmitry Medvedev signed a decree this morning imposing higher…
Iran Looks To Barter Oil As U.S. Sanctions Bite
Faced with the return of U.S. sanctions, Iran is studying a revival of a plan to barter crude oil for goods, possibly resuming the scheme that it used to try…
Oil Rallies On Libyan Oil Crisis
The oil supply disruption in Libya could last a little longer than previously thought, threatening to tighten global supplies at a time when a supply deficit was already starting to…
The Most Important Geopolitical Meeting This Year
Relations between the United States and Russia have deteriorated dramatically over the years due to Moscow’s intervention in neighbouring Ukraine and its annexation of Crimea. This change in foreign policy…
The OPEC Agreement Puts A Floor Under Oil Prices
Since its December 2016 oil production-cut deal came into effect, the Organisation of Petroleum Exporting Countries (OPEC) has seen crude oil prices more than double, following the market rebound from…
The New OPEC Deal: Paper Barrels Won’t Materialize
After a hectic week of unofficial meetings between OPEC members in Vienna, largely in and around the Hofburg, the former residency of the Austrian Emperor Franz Jozef and his wife…
