 |
WTI Crude •2 days | 52.27 | -0.86 | -1.62% |
|
Brent Crude •1 day | 55.41 | -0.69 | -1.23% |
|
Natural Gas •2 days | 2.446 | -0.045 | -1.81% |
|
Mars US •2 days | 53.02 | -0.86 | -1.60% |
|
Opec Basket •3 days | 55.14 | -0.61 | -1.09% |
 |
Urals •32 days | 42.22 | +0.00 | +0.00% |
|
Louisiana Light •3 days | 54.90 | -0.31 | -0.56% |
|
Marine •2 days | 55.13 | -0.44 | -0.79% |
|
Murban •2 days | 55.57 | -0.19 | -0.34% |
|
Iran Heavy •2 days | 51.58 | -0.58 | -1.11% |
|
Basra Light •2 days | 57.04 | -0.62 | -1.08% |
|
Saharan Blend •2 days | 54.87 | -0.57 | -1.03% |
|
Bonny Light •2 days | 54.72 | -0.55 | -1.00% |
|
Canadian Crude Index •3 days | 40.08 | +0.03 | +0.07% |
|
Western Canadian Select •2 days | 39.23 | -0.33 | -0.83% |
|
Canadian Condensate •2 days | 52.13 | -0.18 | -0.34% |
|
Premium Synthetic •2 days | 53.53 | -0.18 | -0.34% |
|
Sweet Crude •2 days | 48.13 | -0.18 | -0.37% |
|
Peace Sour •2 days | 46.88 | -0.18 | -0.38% |
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Louisiana Light •3 days | 54.90 | -0.31 | -0.56% |
|
Domestic Swt. @ Cushing •2 days | 48.75 | -1.00 | -2.01% |
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Giddings •2 days | 42.50 | -1.00 | -2.30% |
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ANS West Coast •4 days | 56.32 | -0.51 | -0.90% |
|
West Texas Sour •2 days | 46.22 | -0.86 | -1.83% |
|
Eagle Ford •2 days | 50.17 | -0.86 | -1.69% |
U.S. Energy Independence Is Fueling Iran’s Middle East Power Grab
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Geopolitics / International
This Vital Oil And Gas Choke Point Could Be At Risk
Beijing is taking to task a Pentagon report, ”Military and Security Developments Involving the People’s Republic of China 2018” released last Thursday on China’s military activities. The annual report…
U.S., China Trade War Puts A Lid On Oil
The oil market has suddenly gone south in recent weeks, with cracks in the global economy starting to drag down oil. The U.S.-China trade war is one of the drivers…
US-Turkish Relations Come To A Head, But Is A Break Inevitable?
Turkish Pres. Reçep Tayyip Erdogan believes the U.S. will stop short of forcing Turkey out of NATO, destroying its currency, and pushing it into an alliance with Russia and the…
Who Profits From Iran’s Oil Major Exodus?
Donald Trump’s decision to leave the Iran nuclear deal and slap sanctions on Teheran is the most significant energy development of 2018. The first round of Iran sanctions, in place…
Is Venezuelan Oil Production Falling Even Faster Than Expected?
The bad news from Venezuela continues. In July, Venezuela’s oil production came in lower than PDVSA had targeted, according to Argus Media. While PDVSA had hoped that it, along…
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…
