 |
Louisiana Light • 4 days | 71.82 | -0.55 | -0.76% | ||
|
Bonny Light • 1 day | 75.68 | +1.81 | +2.45% | ||
|
Opec Basket • 4 days | 74.60 | -1.28 | -1.69% | ||
|
Mars US • 15 hours | 71.66 | +3.20 | +4.67% | ||
|
Gasoline • 17 mins | 2.667 | -0.018 | -0.65% |
|
Bonny Light • 1 day | 75.68 | +1.81 | +2.45% | ||
|
Girassol • 1 day | 76.33 | +2.02 | +2.72% | ||
|
Opec Basket • 4 days | 74.60 | -1.28 | -1.69% |
|
Peace Sour • 6 hours | 67.06 | +3.55 | +5.59% | ||
|
Light Sour Blend • 6 hours | 68.36 | +3.55 | +5.48% | ||
|
Syncrude Sweet Premium • 6 hours | 77.31 | +3.55 | +4.81% | ||
|
Central Alberta • 6 hours | 66.66 | +3.55 | +5.63% |
|
Eagle Ford • 4 days | 65.74 | -0.70 | -1.05% | ||
|
Oklahoma Sweet • 4 days | 65.50 | -1.00 | -1.50% | ||
|
Kansas Common • 27 days | 64.52 | +0.64 | +1.00% | ||
|
Buena Vista • 4 days | 75.42 | -1.20 | -1.57% |
Relations Sour Between China And Russia As Ukraine War Continues
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Why Moscow Is Racing To Modernize Its Missile Defense System
Russia delays the supply of…
Geopolitics / Middle East
Is A New Crisis Brewing In The Saudi Royal Family?
Major changes are never going without instability, conflict and possible crisis. Saudi Arabia’s dramatic change to diversify its economy away from an oil-based rentier state status is not going as…
Washington Announces Sanctions On Syrian Oil Industry
The U.S. Department of Treasury announced sanctions against five Syrian companies and four individuals on allegations of facilitating crude oil shipments and financing to the Assad government, Reuters reports,…
Iraq Is Facing A Major Internal Crisis
Despite the fact that production and export figures presented by Iraqi sources are showing a significant improvement, optimism should be tempered. Iraq continues to head towards a major showdown between…
Houthis Claim Successful Attack On Aramco Oil Facility
Yemen’s Houthi rebels have claimed a successful attack on an unidentified oil facility of Saudi Aramco in Jizan, according to a report in Iranian state news agency IRNA. The…
Iranians Are Turning To U.S. Dollars To Offset Sanctions
In a development that must be hard to stomach for the political elite in Tehran, many Iranians are turning to U.S. dollars to offset the impact of sanctions and a…
Iran Claims It Has Full Control Over The World’s Most Important Oil Chokepoint
As the first round of U.S. sanctions on Iran kicked in earlier this month and the second round of sanctions—including on Iranian oil exports—is set to snap back in early…
Warship Or Oil Tanker – What Did The Houthis Hit?
Late last month, reports emerged from Saudi Arabia and its Gulf allies that the Yemen Houthi rebels had attacked two Saudi oil tankers in the strait of Bab el-Mandeb,…
Trump vs Iran: A War Of Words
The war of words between the United States and Iran has been heating up as the return of U.S. sanctions threatens to take more than 1 million bpd of Iranian…
Israel Threatens Military Response Against Houthi Forces
Will the war in Yemen become the next battleground in the ongoing Iran-Israel proxy war for the Middle East? The past year has witnessed a more out in the open proxy war between the…
Can Iran Circumvent U.S. Sanctions?
On August 6th, the first batch of sanctions against the Islamic Republic will go into effect. This includes sanctions on the acquisition of US dollar banknotes by Iran's government, sanctions…
Iran Vows ‘Equal Countermeasures’ If U.S. Tries To Block Oil Exports
Iran’s foreign ministry said on Tuesday that Tehran would respond with “equal countermeasures” if the United States tries to block Iranian crude oil exports. “If America wants to take…
Iranian President Threatens U.S. With “Mother Of All Wars”
Iran’s President Hassan Rouhani has threatened the United States with “the mother of all wars” if Washington continues pressuring it with sanctions and attempts to foment unrest among the already…
Iran Files Complaint Against U.S. For “Unlawful” Sanctions
On Monday, Iranian Foreign Minister Mohammad Javad Zarif said on Twitter that Iran had filed a complaint against the U.S. with the International Court of Justice (ICJ) to "hold…
The Broader Implications Of U.S. Sanctions On Iran
President Donald Trump’s aversion towards Iran’s rulers has been obvious since his announcement for running for the office of US president. His confrontational policy has culminated in the unilateral withdrawal…
Iranian President: No One Will Benefit From U.S. Nuclear-Deal Exit
During a visit to Vienna, Iranian President Hassan Rohani has reiterated that Tehran will remain in the 2015 nuclear deal with world powers as long as its interests are guaranteed…
Confirmed: ISIS Sold Oil To Assad & Turkey
Islamic State was selling oil and gas to the Syrian regime and to Turkey, while the militants were ruling over large areas in Syria and Iraq over the past three…
Saudi Arabia Gets Boost From New Market Reclassification
On Wednesday, MSCI said that it would reclassify Saudi Arabia as an emerging market, a move that will bring billions of dollars of inflow to the oil producing country.…
Iranian Influence In Iraq Grows
Iran has effectively won the struggle to dominate the future of Iraq. It has done so against the formidable Shi’ite Arab populace, and after nearly a month of raw pressure,…
Oil Kingdom In Crisis: Saudi Royal Family Rift Turns Violent
Saudi Arabia has plunged its immediate region into major strategic uncertainty. What can only be described as a serious outbreak of shooting in the Royal Palace in Riyadh on April…
Kuwait Halts Tax Plan As Oil Prices Rise
Following a Budgets and Final Accounts Committee meeting on May 14, the National Assembly confirmed the revised timeline for the VAT introduction, citing a lack of technical and logistical readiness…
