 |
WTI Crude •10 mins | 52.49 | -0.36 | -0.68% |
|
Brent Crude •10 mins | 55.43 | -0.38 | -0.68% |
|
Natural Gas •10 mins | 2.696 | -0.006 | -0.22% |
 |
Mars US •3 hours | 53.55 | +0.14 | +0.26% |
|
Opec Basket •2 days | 54.87 | +0.02 | +0.04% |
|
Urals •36 days | 42.22 | +0.00 | +0.00% |
|
Louisiana Light •2 days | 54.71 | -0.07 | -0.13% |
|
Marine •1 day | 55.61 | +0.31 | +0.56% |
|
Murban •1 day | 56.01 | +0.46 | +0.83% |
|
Iran Heavy •1 day | 52.15 | +0.47 | +0.91% |
|
Basra Light •1 day | 57.07 | -0.12 | -0.21% |
|
Saharan Blend •1 day | 55.49 | +0.25 | +0.45% |
|
Bonny Light •1 day | 55.38 | +0.32 | +0.58% |
|
Canadian Crude Index •1 day | 40.45 | +0.34 | +0.85% |
|
Western Canadian Select •7 hours | 39.06 | -0.16 | -0.41% |
|
Canadian Condensate •24 hours | 51.61 | -0.16 | -0.31% |
|
Premium Synthetic •24 hours | 53.01 | -0.16 | -0.30% |
|
Sweet Crude •7 hours | 47.61 | -0.16 | -0.33% |
|
Peace Sour •7 hours | 46.36 | -0.16 | -0.34% |
|
Louisiana Light •2 days | 54.71 | -0.07 | -0.13% |
|
Domestic Swt. @ Cushing •1 day | 49.25 | +0.25 | +0.51% |
|
Giddings •1 day | 43.00 | +0.25 | +0.58% |
|
ANS West Coast •3 days | 55.81 | +0.49 | +0.89% |
|
West Texas Sour •1 day | 46.80 | +0.24 | +0.52% |
|
Eagle Ford •1 day | 50.75 | +0.24 | +0.48% |
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Geopolitics
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The year 2019 marked a crucial milestone in the fight against global maritime piracy. According to the International Maritime Bureau (IMB), global pirate attacks plunged to a 25-year low, with…
Iran Seizes Oil Tanker In Strait Of Hormuz
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Turkey Doubles Down On Drilling In Heavily Contested East-Mediterranean
When Turkey’s ruling Justice and Development Party (AKP) took power at the beginning of the century, the principle that got hold of the country’s foreign policy was called ‘zero…
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…
Taiwan Detains Chinese Oil Tanker
Taiwan has detained a Chinese tanker for allegedly illegal entry into its territorial waters, Taiwanese media report, adding that the six-member crew has been arrested. Taiwan has stepped up…
COVID-19 Is Causing The GCC To Crumble
May 25 marked the 39th anniversary of the founding of the Gulf Cooperation Council (GCC). Across the Gulf, the occasion was welcomed as an opportunity to reflect on…
Is The OPEC+ Alliance Coming To An End?
It’s been a wild and bumpy ride for OPEC+ this year. The consortium, consisting of the traditional members of the Organization of the Petroleum Exporting Countries plus oil…
Why We Won’t See An Oil War In The South China Sea
Barrels of ink have been spilled covering the geopolitical conflicts in the South China Sea over the past few years, with plenty of…
Is Turkey Drilling For Oil & Gas In The Wrong Sea?
Whilst most of European media have narrowed down the deterioration in EU-Turkey relations to the issues of the “refurbished” Hagia Sophia and the protracted Libyan proxy war, their…
Why The Iran-China Oil Alliance Is So Important
The steady rise in U.S. strategic competition with the People’s Republic of China (PRC) over trade and the South China Sea already has so many dimensions…
Could Rising US-China Tensions Change Global Energy Markets?
The widening rift between the world’s two largest economies – the United States and China – has had analysts and market observers using the phrase ‘Cold War’ to…
Perfect Timing? China Announces Hydropower Megaprojects In Pakistan
Few global projects receive the same amount of praise and criticism as China’s Belt and Road Initiative (BRI) does. Regardless of one’s opinion, the BRI is President Xi’s…
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
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Threats to oil shipping routes are nothing new to the oil market. It has endured Iran seizing tankers in the Strait of Hormuz,…
China Could Invade Taiwan's 'Oil Island'
The People’s Republic of China (PRC) seemed to be considering, by July 2020, whether to risk early military conflict as a means of moving its declining strategic fortunes…
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…
Saudi Arabia Is Bullying OPEC Members Into Compliance
First, they said it nicely: play along and cut to your quotas, or we’ll all suffer low oil prices for longer. Then they put their foot down: start…
Russia And China Face-Off For Nuclear Dominance In Africa
Russian nuclear power is one continent closer to taking over the world. This week the Rwandan parliament approved a plan for the Russian state-owned nuclear conglomerate Rosatom to…
New U.S. Sanctions Unlikely To Derail Nord Stream 2
It is difficult to surprise anyone in today’s world with another set of sanction-slapping. A bipartisan group of US senators has expressed its intent to put another spoke…
