 |
Louisiana Light • 4 days | 73.49 | +10.74 | +17.12% | ||
|
Bonny Light • 3 days | 73.50 | -0.10 | -0.14% | ||
|
Opec Basket • 4 days | 74.17 | +0.88 | +1.20% | ||
|
Mars US • 14 hours | 71.07 | -0.69 | -0.96% | ||
|
Gasoline • 10 mins | 2.141 | -0.031 | -1.40% |
|
Bonny Light • 3 days | 73.50 | -0.10 | -0.14% | ||
|
Girassol • 3 days | 74.12 | +0.09 | +0.12% | ||
|
Opec Basket • 4 days | 74.17 | +0.88 | +1.20% |
|
Peace Sour • 8 hours | 67.32 | -0.55 | -0.81% | ||
|
Light Sour Blend • 8 hours | 68.67 | -0.55 | -0.79% | ||
|
Syncrude Sweet Premium • 8 hours | 70.42 | -0.55 | -0.77% | ||
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Central Alberta • 8 hours | 67.42 | -0.55 | -0.81% |
|
Eagle Ford • 3 days | 68.50 | -1.37 | -1.96% | ||
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Oklahoma Sweet • 3 days | 68.50 | -0.50 | -0.72% | ||
|
Kansas Common • 4 days | 62.75 | +2.75 | +4.58% | ||
|
Buena Vista • 4 days | 78.05 | +4.05 | +5.47% |
Breaking News:
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Geopolitics / International
Trade Tensions Are Keeping A Lid On Oil Prices
Ongoing U.S.-China trade tensions continue to chip away at Chinese economic growth. China’s National Bureau of Statistics (NBS) said on Thursday that the country’s economy slowed in the first…
OPEC Threatens To Kill U.S. Shale
The Organization of Petroleum Exporting Countries will once again become a nemesis for U.S. shale if the U.S. Congress passes a bill dubbed NOPEC, or No Oil Producing and Exporting…
How Will Trump’s Stalemate With Kim Jong Un Impact Oil Prices?
Oil prices have been trending upward over the last two months, up around 22 percent since the start of the year. Much of this upward support on prices comes from…
Global Intelligence Report – February 27th, 2019
Sources• Nigerian investigative journalist with access to Niger Delta militants• Nigerian boots on the ground at election time• Financial journalists in the Gulf• Geneva-based investigator…
Oil Markets Move From ‘Undecided’ To ‘Bullish’
The growing optimism in the oil market in recent weeks has resulted in tangible evidence that traders expect an increasingly tighter crude market going forward this year. Oil market participants…
Geopolitical Notebook February 6th 2019
Sources • Two Swiss bankers who know Couriol, the man behind the Venezuela gold scandal• One former Swiss prosecutor who works as a private investigator• Former Aramco executive
Oil Markets React Lukewarm To Venezuela Supply Outage
When Washington announced its latest sanctions against Venezuela, targeting specifically state oil company PDVSA, there was worry—and hope, depending on perspective—that this will push crude oil prices higher. What happened…
Venezuelan Oil Crisis Could Lead To Pirates In The Caribbean
President Trump's newest sanctions attempting to curb some $11 billion of crude exports from Venezuelan state-oil company PDVSA (or Petroleos de Venezuela S.A.) to the United States this year has many world leaders…
U.S. May Have To Back Off Iran Sanctions Again
The U.S. has vowed to zero out Iran’s oil exports, and after a surprising display of leniency last November, American officials have signaled that they won’t be as flexible when…
Libya’s Oil Future Depends On This Huge Oil Field
There is no respite for Libya on its bumpy road to recover crude oil production to the levels of 2011, when the toppling of Muammar Gaddafi plunged the country into…
Venezuela’s Crisis Threatens U.S. Control Over Oil Prices
The Russian bear is on the prowl once again as President Putin seeks to expand Moscow’s influence and bolster the one-time superpower’s global influence while proving to constituents he can…
Is The Trade War Finally Coming To An End?
The U.S. and China may be ready to stabilize trade relations, with a U.S. government delegation traveling to Beijing during the week of Jan. 7 to hold trade talks with…
Why Russia Agreed To Additional Production Cuts
OPEC has been dominating the oil market since its inception in 1960. Together, the members possess approximately 82 percent of global conventional oil reserves and produce 32.6 million barrels…
Turkmenistan’s Pipeline Project Faces More Hurdles
While in Islamabad, Muhammetmyrat Amanov, chief executive of the TAPI Pipeline Limited Corporation, urged his hosts to get to work building their section of the project by March. Amanov has previously said…
What Would The End Of OPEC Mean?
The Organization of the Petroleum Exporting Countries - the oil market institution that has exerted an unyielding power over the price of crude for nearly 60 years - is now…
Former Venezuelan General Takes Helm Of OPEC
In what some saw as a sign of OPEC’s growing irrelevance in the world of oil, Venezuela’s Oil Minister Manuel Quevedo will take the helm of the cartel beginning next…
Geopolitical Stakes Are Huge On This Tiny Island
The specter of a rumored U.S. military buildup in Cyprus that would draw a major Russian response now adds to the ongoing Greek Cypriot-Turkish conflict over the island and the…
Iran Threatens To Close Key Oil Choke Point
Here we go again: Iranian President Hassan Rouhani has once again threatened to close the Strait of Hormuz, which is vital to up to one-third of all global oil shipping as it's a key…
Khashoggi’s Revenge: Is Saudi Arabia Becoming A Pariah State?
The U.S. Senate took a dramatic step on Thursday, moving to block U.S. involvement in the Saudi war in Yemen and sending a powerful message to Riyadh that the…
The Impending Endgame In Oil Markets
U.S. president Trump is facing strong internal pressure to punish Saudi Arabia in the coming days. For Washington, however, this could be a double-edged sword, as turning on Saudi Crown…
