 |
Louisiana Light • 2 days | 90.01 | -0.72 | -0.79% | ||
|
Bonny Light • 20 hours | 91.38 | +1.07 | +1.18% | ||
|
Opec Basket • 2 days | 90.20 | +0.85 | +0.95% | ||
|
Mars US • 3 hours | 84.82 | +0.21 | +0.25% | ||
|
Gasoline • 4 hours | 2.542 | +0.021 | +0.84% |
|
Bonny Light • 20 hours | 91.38 | +1.07 | +1.18% | ||
|
Girassol • 20 hours | 91.28 | +0.85 | +0.94% | ||
|
Opec Basket • 2 days | 90.20 | +0.85 | +0.95% |
|
Peace Sour • 19 hours | 81.21 | -0.74 | -0.90% | ||
|
Light Sour Blend • 19 hours | 84.51 | -0.74 | -0.87% | ||
|
Syncrude Sweet Premium • 19 hours | 86.61 | -0.74 | -0.85% | ||
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Central Alberta • 19 hours | 81.21 | -0.74 | -0.90% |
|
Eagle Ford • 20 hours | 84.72 | +0.21 | +0.25% | ||
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Oklahoma Sweet • 20 hours | 83.25 | +0.25 | +0.30% | ||
|
Kansas Common • 2 days | 76.75 | -0.75 | -0.97% | ||
|
Buena Vista • 2 days | 89.85 | -0.74 | -0.82% |
Breaking News:
Latin American Oil Giants Struggle With Fuel Costs, Debt, And Pipeline Explosion
As fuel prices soar in…
Is The TAPI Pipeline Finally Ready To Go?
The Turkmenistan–Afghanistan–Pakistan–India (TAPI) natural gas…
Geopolitics / International
OPEC Production Falls Despite Saudi Production Boost
Deals, Mergers & Acquisitions• Canadian Utilities will sell all its fossil fuel-powered generation capacity for $835 million to Heartland Generation, a company affiliated with Energy Capital Partners. The…
Tainted Russian Oil Crisis May Drag On For Months
It’s been a month since Russian oil flows through the Druzhba pipeline were suspended due to contamination, and despite Russia’s assurances that clean oil will resume flowing through the pipeline…
New Middle East Proxy War Could Jolt Oil Prices
U.S. sanctions on Iran are now really starting to bite. In contrast to what European media portray, Iran’s oil and gas exports are plunging. Tehran’s ability to supply its Asian…
The Oil Kingdom Enters A New Era
Saudi Crown Prince Mohammed bin Salman’s largely self-inflicted losing streak appears to have come to an end, and just in the nick of time, with arch-nemesis Iran in the process…
Oil May Hold The Secret To Ending The Trade War
On Wednesday, U.S. president Donald Trump crushed any hopes of a trade deal with China when he announced that China “broke the deal” and that, as a consequence, the U.S.…
Middle East Oil Giants Are About To Upend Oil Trading
The summer of 2019 could be a watershed moment in global commodity markets. The next couple of months, could see a major reshuffle of global commodity trade and financial markets…
Is This The End For India-Iran Energy Relations?
After the Trump administration’s Monday announcement that the United States would not renew its six-month waivers to third party countries for their continued purchase of Iranian oil, India has been…
Iran Demands U.S. Apologize For “Illegal” Sanctions
Global oil markets are still adjusting to President Trump’s decision on Monday to not extend the 180-day waiver for Iranian oil imports to the country’s eight largest customers. On…
Trump’s Oil Waiver Decision Is A Double-Edged Sword
Tokyo is still trying to prevent being caught in the geopolitical cross-fire between Washington and Tehran. On Friday, Japan’s Minister of Economy, Trade, and Industry (METI) Hiroshige Seko said that…
Trump’s Foreign Energy Policy Could Haunt Him In 2020
Iran can’t seem to get a break, at least as far as the U.S. is concerned. Yesterday, Sigal Mandelker, undersecretary of the Treasury for Terrorism and Financial Intelligence, told…
Trump Weighs In On Controversial Occupied Territory
Developments are unfolding that continue to put the U.S. at odds with much of the Arab world, including Saudi Arabia. On Monday, Trump recognized Israel’s 1981 annexation of the Golan…
U.S. ‘’Oil Weapon’’ Could Change Geopolitics Forever
In a dynamic that shows just how far U.S. oil production has come in recent years, the U.S. Energy Information Administration (EIA) said on Monday that in the last…
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…
