 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.587 | +0.010 | +0.37% |
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 1 day | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 9 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 9 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 9 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 9 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
Breaking News:
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News
Expect Cheaper Gasoline This Week
Americans should get a breather at the pump this week as renewed Covid-19 fears pushed crude oil prices lower, the AAA said. “It’s too soon to tell if fears of…
Analysts Expect Brent Oil To Average $75 In 2022
Cautious production policy from the OPEC+ group next year is expected to keep oil prices above $70, with Brent Crude expected to average $75.33 a barrel in 2022, the monthly…
B.C. Forced To Extend Fuel Rationing As Pipeline Shutdown Continues
Authorities in British Columbia extended a fuel rationing regime until December 14 as the Trans Mountain pipeline remains shut down, Canadian media report. The pipeline shut down earlier this month…
U.S. Ready To Release Even More Crude From SPR
The United States is ready to release even more barrels of crude oil from its emergency stockpiles, a senior advisor from the State Department told CNBC today. The Biden Administration…
Gazprom Reports Record-Breaking Profits Amid Surging Gas Prices
Russian gas giant Gazprom reported on Monday record profits for the third quarter on the back of soaring natural gas prices in its key export market, Europe. The Russian gas…
Saudi Aramco: Oil Markets Overreacted To Omicron Fears
The oil market’s knee-jerk reaction to the new Omicron COVID variant on Friday was overblown, according to the CEO of the world’s largest oil company and biggest oil exporter. The…
Russia Warns The U.S. Not To Interfere With Nord Stream 2
The Russian Government has warned the US not to put further pressure on anyone over the certification of the $11bn Nord Stream 2 (NS2) gas pipeline.
Is The U.S. Government About To Make Oil Drilling More Expensive?
The Department of the Interior has proposed higher royalty rates and other fees for oil and gas drillers on federal lands as well as limits on the land where…
OPEC+ Delays Meetings Following Surprise Oil Price Crash
OPEC+ has moved two meetings scheduled for this week by a day in order to have more time to evaluate the implications of the latest coronavirus update about the emergence…
Industrial Metals Rise As China’s Property Market Bounces Back
Base metals are on the rise after a series of positive announcements over the week has brought new optimism to China's property sector. On Thursday, Nickel paced gains by most…
DIDI Plunges After China Asks The Company To Delist From The NYSE
Groggy traders loading up trading terminals are greeted with an unwelcoming sea of red of stock and futures worldwide. One key pain point is China tech, where Beijing has unleashed…
Brazil’s Oil Major Plans To Invest $68 Billion In Boosting Production
Brazil’s Petrobras plans to invest $68 billion in expanding its crude oil production, a figure that represents 84 percent of its total planned investments for the period 2022-2026.…
UN Nuclear Agency Fails To Reach An Agreement With Iran
The head of the United Nations' atomic agency says talks he held in Tehran this week over Iran's nuclear program proved inconclusive. Rafael Grossi, the director-general…
Steel Prices Remain Elevated As Production Slides
Yesterday, MetalMiner’s Stuart Burns touched on the aluminum market and plummeting inventories, a trend in stark contrast to former times of plenty.
Russia’s Oil Reserves Are Becoming Increasingly Hard To Recover
Nearly all of Russia’s oil production will consist of the so-called hard-to-recover crude reserves unless the country speeds up and incentivizes exploration, Russia’s Deputy Energy Minister Pavel Sorokin said on…
U.S. Gasoline Prices Barely Budge After SPR Release Announcement
The national average U.S. gasoline price barely moved on the day after the United States announced on Tuesday a release of 50 million barrels of oil from the Strategic Petroleum…
OPEC+ Reacts To Biden, May Not Raise Oil Production In December
The response the market has been waiting for has nearly arrived. OPEC+ heavyweights Saudi Arabia and Russia are rethinking their production strategies in the aftermath of several nations’ plans to…
Barclays Lifts Brent Oil Price Forecast To $80 In 2022
Brent Crude prices are set to average $80 a barrel in 2022, Barclays said on Tuesday, raising its forecast by $3 as it expects slower supply growth next year…
Keystone XL Developer Seeks $15 Billion In Compensation
TC Energy Group, the company that was developing the Keystone XL oil pipeline project, has filed a request for arbitration, seeking $15 billion in compensation for the project that President…
Crude Oil Inventory Build Follows Announcement Of SPR Release
The American Petroleum Institute (API) reported an inventory build in crude oil. This week, the API estimated the inventory build for crude oil to be 2.307 million barrels. U.S. crude…
