 |
Louisiana Light • 15 hours | 75.02 | +0.15 | +0.20% | ||
|
Bonny Light • 2 days | 78.10 | +2.42 | +3.20% | ||
|
Opec Basket • 15 hours | 77.63 | +2.62 | +3.49% | ||
|
Mars US • 22 hours | 71.20 | -0.46 | -0.64% | ||
|
Gasoline • 18 mins | 2.665 | -0.047 | -1.74% |
|
Bonny Light • 2 days | 78.10 | +2.42 | +3.20% | ||
|
Girassol • 2 days | 78.52 | +2.19 | +2.87% | ||
|
Opec Basket • 15 hours | 77.63 | +2.62 | +3.49% |
|
Peace Sour • 14 hours | 67.45 | +0.39 | +0.58% | ||
|
Light Sour Blend • 14 hours | 68.75 | +0.39 | +0.57% | ||
|
Syncrude Sweet Premium • 14 hours | 77.70 | +0.39 | +0.50% | ||
|
Central Alberta • 14 hours | 67.05 | +0.39 | +0.59% |
|
Eagle Ford • 15 hours | 69.68 | +0.39 | +0.56% | ||
|
Oklahoma Sweet • 15 hours | 69.75 | +0.50 | +0.72% | ||
|
Kansas Common • 29 days | 64.52 | +0.64 | +1.00% | ||
|
Buena Vista • 15 hours | 79.36 | +3.94 | +5.22% |
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Geopolitics / Middle East
Oil Smuggling And Politics: Washington’s Patience With Iraq Is Wearing Thin
Under its effective leader, firebrand ultra-nationalist cleric Moqtada al-Sadr, Iraq is theoretically committed to not allowing itself to become overly dependent on any one country. That was the rallying call…
Does Saudi Arabia Really Fear A Bernie Presidency?
Democrat presidential hopeful Senator Bernie Sanders raised eyebrows on the campaign trail when he referred to Saudi Arabia’s leadership as “murderous thugs”, raising the question of just how concerned the…
Coronavirus Hurts Middle East Economies Beyond Oil
The Middle East oil exporters are grappling with depressed demand in their key market, China, due to the coronavirus outbreak. The economies of the Arab Gulf countries are feeling the…
This Country Is A Safehaven In An Unstable Middle East
With a fiscal breakeven oil price of just over US$87 per barrel (pb) of Brent this year, around 85 per cent of its revenues still coming from the hydrocarbons sector,…
What Iran’s Election Result Means For Oil Markets
Ever since the Joint Comprehensive Plan of Action (JCPOA) was agreed in principle in 2015 by Iran and the P5+1 group of nations (U.S., U.K., France, Russia, and China plus…
Russia Is Defeating The U.S. In The Middle East Oil Game
Historically, Russia goes to great lengths to hide or disguise its strategic intentions but it clearly feels empowered enough in the Middle East to very obviously stake its claim in…
U.S. Set To Extend Iraq Waiver For Energy Imports From Iran
The United States is inclined to extend the waiver to Iraq to continue importing electricity and natural gas to Iran, which are vital to Iraq’s energy needs, three senior Iraqi…
The Three Countries Vying For Ultimate Power In The Middle East
Two notable deaths in early January 2020 pushed the greater Middle East to increased tension and instability. There emerges a growing risk, as a result, of a sudden discrete…
Could ISIS Take Control Over This Large Iraqi Oil Field?
As always, it’s the fear of sanctions that provides the leverage Trump seeks in this cat-and-mouse game with Iran. And this time, the leverage is over Iraq, which would like…
Libyan General Haftar Surprises Putin & Erdogan: Rejects Peace Deal
Head the UN-backed Government of National Accord (GNA) in Tripoli, Fayez al-Sarraj, and Benghazi-based General Khalifa Haftar who is now warring for control of the capital, were actually in the same…
Will Oman Take Sides In The Latest Middle East Crisis?
Like many of the lesser-known countries in the Global South, Oman rarely commands the attention of the international community. For the opaque politics of this Arab sultanate, though, the obscurity…
Is Iraq About To Become A Chinese Client State?
Following the political and popular backlash in Iran over details of its plans to make the Islamic Republic effectively a client state through various multi-layered oil and gas deals, China…
Video: U.S. Embassy Under Attack From Iraqi Militias
Reports of new rocket fire surfaced late on Wednesday afternoon, landing in Iraq’s Green Zone, home to the US Embassy and other foreign missions, just hours after US President Donald…
The Real Reason The U.S. Is Interested In Iran
The American obsession with Iran is about oil and natural gas. If these two resources had been absent, it is hard to imagine such an intense American focus on the…
US Urges All Americans To Leave Iraq After Soleimani Assassination
The US embassy in Baghdad has urged all US citizens to leave Iraq immediately, after the US killed Iranian military general and hardliner Qassem Soleimani and Iraqi militia commander…
Iran Likely To Struggle More In 2020
Iran had a rough year in 2019 and the New Year is quite likely to bring just as many difficulties to the door of the Islamic republic.Iran came…
U.S. Sanctions Have Cost Iran $200 Billion
President Hassan Rohani made the comments while launching a railway project near Tehran on December 31. "Iran would have earned $200 billion surplus income...if the country were not involved in…
Russia Strengthens Its Grip On Syrian Oil
Following the various recent announcements from U.S. President Donald Trump that he wants the country to withdraw from all areas of potential conflict in the Middle East – except Saudi…
Muslim Cryptocurrency: Iran’s Latest Plan To Circumvent Sanctions
Iran’s President has proposed to create a Muslim cryptocurrency as one of a number of means to confront the economic dominance of the United States. Speaking at an Islamic conference in Malaysia…
Is The Qatar Blockade Coming To An End?
The Middle East’s massive energy reserves have made it the center of many key geopolitical events throughout history. The presidency of Donald Trump has transformed the power dynamics in the…
