 |
Louisiana Light • 1 day | 91.16 | -0.74 | -0.81% | ||
|
Bonny Light • 1 day | 96.00 | -0.05 | -0.05% | ||
|
Opec Basket • 1 day | 95.01 | -0.81 | -0.85% | ||
|
Mars US • 19 hours | 88.83 | -0.23 | -0.26% | ||
|
Gasoline • 11 mins | 2.584 | -0.036 | -1.39% |
|
Bonny Light • 1 day | 96.00 | -0.05 | -0.05% | ||
|
Girassol • 1 day | 97.04 | -0.34 | -0.35% | ||
|
Opec Basket • 1 day | 95.01 | -0.81 | -0.85% |
|
Peace Sour • 10 hours | 84.13 | -0.03 | -0.04% | ||
|
Light Sour Blend • 10 hours | 84.63 | -0.03 | -0.04% | ||
|
Syncrude Sweet Premium • 10 hours | 93.23 | -0.03 | -0.03% | ||
|
Central Alberta • 10 hours | 84.13 | -0.03 | -0.04% |
|
Eagle Ford • 1 day | 86.11 | -0.65 | -0.75% | ||
|
Oklahoma Sweet • 1 day | 86.00 | -0.75 | -0.86% | ||
|
Kansas Common • 1 day | 80.00 | -0.50 | -0.62% | ||
|
Buena Vista • 2 days | 95.23 | -0.92 | -0.96% |
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Geopolitics / Middle East
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…
Will The U.S. Push Venezuela Into The Abyss?
Venezuela’s President Nicolas Maduro claimed victory in a low-turnout election that is widely viewed as rigged, raising the threat of more painful sanctions from the United States. But, in a…
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,…
