 |
Louisiana Light • 2 days | 73.91 | +1.71 | +2.37% | ||
|
Bonny Light • 2 days | 75.73 | +1.59 | +2.14% | ||
|
Opec Basket • 2 days | 74.75 | +0.79 | +1.07% | ||
|
Mars US • 20 hours | 70.55 | +1.23 | +1.77% | ||
|
Gasoline • 10 mins | 2.619 | +0.026 | +1.00% |
|
Bonny Light • 2 days | 75.73 | +1.59 | +2.14% | ||
|
Girassol • 2 days | 76.16 | +1.66 | +2.23% | ||
|
Opec Basket • 2 days | 74.75 | +0.79 | +1.07% |
|
Peace Sour • 11 hours | 65.15 | +1.23 | +1.92% | ||
|
Light Sour Blend • 11 hours | 66.45 | +1.23 | +1.89% | ||
|
Syncrude Sweet Premium • 11 hours | 75.40 | +1.23 | +1.66% | ||
|
Central Alberta • 11 hours | 64.75 | +1.23 | +1.94% |
|
Eagle Ford • 2 days | 67.38 | +1.57 | +2.39% | ||
|
Oklahoma Sweet • 2 days | 67.75 | +1.75 | +2.65% | ||
|
Kansas Common • 22 days | 64.52 | +0.64 | +1.00% | ||
|
Buena Vista • 2 days | 77.56 | +3.61 | +4.88% |
Relations Sour Between China And Russia As Ukraine War Continues
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Geopolitics / Middle East
War With Iran Could Send Oil To $250
There has been much talk of an Iran War in recent weeks, but the likelihood of a war, whether intentional or accidental, is relatively small for the simple reason that…
On The Cusp Of War: Why Iran Won’t Fold
iran’s Supreme Leader, Ayatollah Seyyed Ali Khamenei, on May 14, 2019 — a week after US Secretary of State Mike Pompeo had visited Baghdad and reportedly met with a senior…
Trump’s Dangerous Oil Price Game
Trump’s trade war may have depressed oil prices at the start of the week, but the U.S.’ decision to send warships to the Middle East is an ominous sign…
The Next Flashpoint In This Emerging Energy Hub
The Eastern Mediterranean is quickly turning into an energy hub due to the discovery of significant gas resources in recent years. Egypt, for example, has already started production at its…
A New Middle East Mega-War Is Unfolding Right Before Our Eyes
Iran is leading a new bloc, with Turkey and Qatar, intent on remaking the greater Middle East. The Iranian leadership recognizes that this drive might lead to a regional war…
Expect An Extension Of Iran Sanction Waivers
With Iran sanctions waivers set to expire in a few weeks, the Trump administration faces a difficult task. Oil prices are once again on the rise, just as they were…
New Middle East Alliance Shakes World Powers
A new bloc is emerging in the greater Middle East with the declared objectives of dominating the entire Arab world, confronting and containing the US and its allies; and controlling…
Rubio’s “Full Gangster” Comments Hinder U.S.-Saudi Relations
It didn’t take long for Florida Senator Marco Rubio’s comments that Saudi Crown Prince Mohammed bin Salman had “gone full gangster” to make the news rounds all the way…
Qatar’s Brilliant Geopolitical Maneuver
Roughly a year and half ago, US President Donald Trump has called on Qatar to stop the funding of terrorism and the spread of its “extremist ideology”, claiming that the…
Iran To Start Navy Drills In The World’s Key Oil Chokepoint
As the U.S. sanctions on Iran’s oil industry have already started to mount pressure on Tehran and have halved Iranian oil exports, the Islamic Republic announced that its Navy would…
Trump Under Fire For Support Of Saudi-Led Coalition In Yemen
Congress is about to give President Trump a bloody nose, at least politically, over part of his Saudi Arabia policy. On Wednesday, the panel voted to cut off U.S. support…
OPEC’s Oil Princes Are Fighting For Survival
The already strained relationship between U.S. lawmakers and two of President Trump’s staunchest supporters, Saudi Crown Prince Mohammed bin Salman and Abu Dhabi’s Sheikh Mohammed bin Zayed, seems to be…
Turkey Stands Firmly Against U.S. Sanctions On Iran
Following Wednesday's unexpected and dramatic full and "immediate" withdrawal of all U.S. forces from Syria, Turkey has announced it will not play ball on Iran sanctions. According to a translation…
The Battle For Syria’s Oil Region
The Syrian Civil War has gone through several phases over the course of seven years and it now appears to be entering another one. Government forces have regained control over…
Falling Oil Prices Threaten Saudi Economic Growth
In October the IMF revised its forecast for Saudi economic growth in 2018 and 2019, predicting GDP would increase by 2.2 percent and 2.4 percent, respectively, up on the 1.9…
Saudi Arabia Can Outwait The Khashoggi Crisis
On 10 November 2018, Turkey shared with Western and Saudi officials the audio recording that proved Saudi Arabia was responsible for the murder Washington Post columnist Jamal Khashoggi on October 2nd.…
Saudi Arabia’s Biggest Geopolitical Error
War is inherently risk-intense, and therefore is not by any to be entered into unadvisedly or lightly. The more comprehensive the engagement the less predictable the outcome. So it is…
Qatar Looks To Revitalize Trade Amid Embargo
On November 7 Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, the deputy prime minister and minister of foreign affairs, announced that Doha was looking to expand trade and investment…
How Much Does The U.S. Spend On Defending Global Oil Supplies?
President Trump’s insistence that the U.S. is unfairly shouldering the cost of protecting global sea shipping lanes for major oil producing nations received a new boost last week. A report…
Saudis Expand Mining Sector As Part Of Diversification Push
Mining grew by 6.3 percent year-on-year (y-o-y) in the first quarter of 2018, according to data issued by the General Authority for Statistics on July 2. Coupled with expansion in…
