 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.726 | +0.040 | +1.50% |
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 2 days | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 12 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 12 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 12 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 12 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
Iran’s Response To Israel’s Strike Was Pure Political Theater
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Iraq Hopes to Expand Economic Relationship With the U.S.
Sudani wants to strengthen Baghdad’s…
Geopolitics / Middle East
Why Syria Is A Critical Part Of Russia's Energy Strategy
Syria is crucial to Russia for three key reasons. First, it is currently the principal Western point of the Shia crescent of power that stretches from Syria and…
Mediterranean Tensions Flare Up As Israel Rehabilitates Pipeline
The Arab Spring was the start of an ideological conflict between Turkey and the wealthy Arab Gulf nations. Turkish assertiveness is strengthened by an expanding economy and a brand of…
China Looks To Build Espionage Hub In Iran Under 25-Year Deal
The next phase of the 25-year deal between China and Iran will focus on a large-scale roll-out of electronic espionage and warfare capabilities…
What The UAE-Israel Deal Really Means For The Middle East
The announcement on 13 August that Israel and the United Arab Emirates (UAE) will normalise relations, around the same as Israel’s Prime Minister Benjamin Netanyahu announced that he…
Iran Seizes Oil Tanker In Strait Of Hormuz
Iran reportedly seized a Liberian-flagged oil tanker in the Strait of Hormuz and then let it go, the AP has reported, quoting a U.S. military official. According to the…
Defiant Erdogan Says Turkey Has Resumed Mediterranean Gas Exploration & Drilling
While over a week ago it was looking as if Turkey might back down on its ambitious oil and gas exploration aims in the eastern Mediterranean amidst global pressure, especially…
The Forgotten Conflict That Is Threatening Energy Markets
One of the world’s forgotten conflicts is now making headlines again. In the last week, the military conflict between Azerbaijan and Armenia has reignited, with the two nations…
America’s “Caesar” sanctions On Syria Will Damage The Middle East
In 2003, the red-hot source was “Curveball;” in 2020, its “Caesar.” The U.S. might soon discover if the second time is, in fact, farce
Turkey’s Latest Geopolitical Gamble Could Result In Catastrophe
The rosy future of the offshore East Mediterranean (East-Med) gas boom is in jeopardy. The current COVID-related economic downturn, combined with the dramatic drop in demand for oil…
UN Report Links Iran To Attacks On Saudi Oil Tankers
United Nations Secretary-General Antonio Guterres has told the Security Council in a report quoted by Reuters that cruise missiles used in attacks on Saudi oil facilities last…
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existential threat to…
Russia And China Are Battling For Influence In Oil Rich Iraq
With the U.S.’s patience wearing thin on its dealings with neighbouring Iran, endemic corruption still prevalent in both the south of the country and in the northern semi-autonomous…
Could Low Oil Prices Spark A New War In The Middle East?
It may seem that the worst-case scenario has already come to pass, as United States crude prices plunged far below zero on Monday, with the West Texas Intermediate…
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…
