 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 14 mins | 2.753 | +0.018 | +0.67% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 6 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 6 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 6 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 6 hours | 76.41 | -0.55 | -0.71% |
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Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
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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% |
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Geopolitics / International
Can Saudi Arabia Prevent The Next Oil Shock?
The ongoing speculation online about the future of cooperation between Russia and OPEC seems to be a little one-sided. The main point of discussion up until now has been the…
Global Energy Advisory June 8th 2018
President Trump has reportedly asked OPEC and Russia to increase crude oil production by 1 million barrels per day as prices at the pump in the United States have climbed…
Why Oil Markets Should Fear Trump’s Trade War
“We're putting the trade war on hold,” U.S. Secretary of Treasury Steven Mnuchin said on “Fox News Sunday,” nearly two weeks ago. That didn’t go down well with President…
Oil Giants Are Fleeing Iran On Sanction Fears
The threat of U.S. sanctions has prompted Russian oil giant Lukoil to put its plans to develop projects in Iran on hold while the Indian company that owns the world's…
The OPEC Deal Isn’t Dead Yet
Oil prices plunged on Friday after news broke that OPEC and its partners, including Russia, are considering allowing higher levels of oil production, which could mark the beginning of the…
How Much Iranian Oil Can Trump Disrupt?
Oil prices surged following President Trump’s withdrawal from the Iran nuclear deal. So, what happens next? Trump did not offer any new justification for how Iran was violating the nuclear…
How The World’s Oil Powers Will Seize The Iran Deal
Despite President Trump’s clear signals over the last month, his decision to leave the JCPOA nuclear deal has still managed to shock the market. It appears that the market, and…
The Real Reason Trump Killed The Iran Deal
U.S. President Donald Trump on May 8, 2018, fulfilled a major campaign promise to his voters by withdrawing the U.S. from the 2015 JCPOA (Joint Comprehensive Plan of Action) into…
Oil Market Volatility Set To Soar This Month
After two months of an almost uninterrupted increase, crude oil is set for even more volatility on a string of political events that could see it either touch US$80 or…
Eight Geopolitical Risks That Could Send Oil Prices Surging
The geopolitical risk premium has taken center stage as one of the key drivers of oil prices in recent months, often trumping fundamentals to send prices soaring on concerns about…
Iran Sanctions Could Throw Oil Markets Into Chaos
An agreement is an agreement, or so it’s said. Tensions are skyrocketing after Israeli Prime Minister Netanyahu’s claim that Iran has violated the Joint Comprehensive Plan of Action (JCPOA) agreement.…
Russian Oil Turns Its Back On Its Biggest Customer
Since the start of 2018, Russia’s pipeline crude oil exports to China have been growing, while its seaborne shipments to Europe have been falling. At the beginning of this year,…
Is The Oil Market Ready For Sanctions On Iran?
Oil market participants and analysts will be intently watching the Trump Administration over the next month. May 12 is the deadline for the U.S. President to decide to waive sanctions…
Oil Slips As U.S. Scales Back Confrontation With Russia
The U.S.' declaration that the overnight missile strikes against Syria would be limited and a "one-time shot" may tamp down some of the risk to oil prices spiking when markets…
U.S. Sees Wave Of New Cyber Attacks On Energy Infrastructure
In the past few weeks at least seven natural gas pipeline operators were the victims of hackers that targeted third-party communications system Latitude Technologies, causing service disruptions and breakdowns…
Will Mexico’s Next President Kill Its Oil Sector?
Here we are, almost eighty years after Cardenismo – Lázaro Cárdenas’ presidential rule – which extinguished foreign oil companies in Mexico with the objective of hoisting the nation to self-sufficiency.…
Saudi-Iran Proxy War Threatens OPEC Deal
Tensions between Iran and Saudi Arabia triggered doubts about the success of the OPEC+ oil production cut deal two years ago when it was first being hatched. Now, with the…
Trade War Looms Over Oil Markets
Oil prices, along with equities across the board, were dragged down on Monday over fears of a brewing trade war. China announced $3 billion of tariffs on U.S. goods, including…
China Takes First Step In Paying For Crude Imports In Yuan
Just days after Beijing officially launched Yuan-denominated crude oil futures (with a bang, as shown in the chart below, surpassing Brent trading volume) which are expected to quickly become the…
Will Gazprom Leave Ukraine Forever?
Few expected such a dramatic turn of events in the long-ongoing Russo-Ukrainian gas dispute. Before the February 28 decision of the Stockholm Arbitration Court, most observers expected a court ruling…
