 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 4 hours | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 11 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 11 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 11 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 11 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
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Uncertainty Spikes Following Iraqi Elections
Iraq’s election on May 12 has upended the political landscape in the country. The incumbent Prime Minister, Haidar Al Abadi, lost the election as voters favored Iraqi nationalist Moqtada al-Sadr,…
Could This Be The Next Proxy War In The Middle East?
As if heightened tensions in Syria and Yemen and increased divisions in the U.S-Iran and Iran-Israel relations were not enough, a surprise—albeit still preliminary—election result in OPEC’s second-largest producer Iraq…
Houthi Rebels Fire Missile At Aramco Facility
Armed Yemeni Houthis launched yet another ballistic missile at Saudi Arabia’s state-run oil company, Saudi Aramco on Monday, according to Houthi TV station al-Masirah tv. No damage has yet…
Saudi Arabia's Needs Have Become Iran's Problems
While Israel has been the barking dog pushing hostilities against Iran, it is the Saudis that are truly most threatened by Iran’s return to the global economy. They are as…
Banking Giants To Choose Sides In Saudi-Qatar Rift
Big international banks were eager to jump in on Qatar’s first bond sale in two years—but their eagerness was throttled by a Gulf feud now making them choose sides wherever…
A Geopolitical Red Herring For Oil Markets
A Trump-Macron bromance briefly brought the oil price rally to a halt on Tuesday. The two leaders hugged and kissed quite a bit during the French President’s visit to Washington,…
Is Saudi Arabia’s Geopolitical Pivot Good For Oil?
The phrase “becoming all things to all people,” might also apply to modern-day Saudi Arabia. The world’s largest oil exporter, defacto OPEC leader and the third largest oil producer finds…
U.S. Considers Economic Warfare Against Iran
Iran’s currency recently hit an all-time low, and economic uncertainty looks likely to test the country’s political establishment. Iranian President Hassan Rouhani has already been dealing with a restless population,…
Iran Threatens To Restart Nuclear Enrichment Program
Iran is threatening to restart its controversial nuclear enrichment program, as the head of the Islamic Republic's Atomic Energy Organization (AEOI) revealed on Sunday that they have maintained the ability…
Tax Income Earned ISIS Much More Than Oil Smuggling
Contrary to what has been assumed so far, black market oil sales were not the only and not even the largest revenue stream for ISIS, an investigation of The…
Hezbollah Leader Threatens To ‘’Disable’’ Disputed Israeli Gas Operations
During a televised address in Beirut on Friday Hezbollah Secretary General Sayyed Hassan Nasrallah once again warned Israel to back off its claims over disputed oil and gas field just…
Blood, Oil And Gas: 7 Years Of Syrian Civil War
The Syrian civil war is in its seventh year. The battlefield has changed multiple times together with a number of belligerents. The dynamic political and military stage has fostered numerous violent…
Saudi Arabia’s New Foreign Policy Is Not Without Risk
Crown Prince Muhammad bin Salman is solidifying his position and changes to the foreign policy of Saudi Arabia. His main objective is the forceful consolidation of the Arab camp against…
Saudi Welfare Program To Ease Impact Of 80% Fuel Price Hike
Saudi Arabia on Thursday made the first payment totaling US$533 million (2 billion riyals) as part of its new household allowance program that reaches 10.6 million beneficiaries, before it…
Houthi Missile Targeting Riyadh Palace Intercepted
For the third time in roughly seven weeks, Houthi rebels have fired a ballistic missile into Saudi Arabia, according to a spokesperson. The Volcano 2-H missile launched by the Yemeni…
Middle East Tensions Near Boiling Point
The 38th Gulf Cooperation Council (GCC) Summit resulted in a showdown between Qatar and its Saud-led alliance counterparts. Saudi King Salman decided to send a lower diplomatic delegation in his…
Saudi Sheikdown: Arrested Royals Offered A Deal - Your Money For Your Freedom
As we noted shortly after the Crown Prince’s purge of potential rivals within Saudi Arabia’s sprawling ruling family, while the dozens of arrests were made under the pretext of an…
Kurdistan Ready To Hand Over Oil For 17% Of Iraqi Budget
The Kurdistan Regional Government (KRG) is ready to hand over oil, airports, border points, and all revenues to Baghdad if Iraq’s federal government gives the Kurdish region its 17-percent share…
Kurdistan Proposes Immediate Ceasefire With Iraq
The Kurdistan Regional Government has proposed to Baghdad an immediate ceasefire after more than a week of fighting following a decision by Baghdad to retake control of disputed Kirkuk…
Iraq Seizes Kirkuk, Briefly Knocks 350,000 Bpd Offline
Oil prices spiked on Monday after Iraqi forces seized the oil fields around Kirkuk, which had largely been under Kurdish control since 2014. There were conflicting reports as of Monday,…
