 |
WTI Crude •2 hours | 61.50 | -2.03 | -3.20% |
|
Brent Crude •5 hours | 66.13 | -0.75 | -1.12% |
|
Natural Gas •2 hours | 2.771 | -0.006 | -0.22% |
|
Mars US •2 hours | 60.95 | -2.18 | -3.45% |
 |
Opec Basket •2 days | 65.42 | +1.42 | +2.22% |
|
Gasoline •5 hours | 1.877 | -0.015 | -0.81% |
|
Louisiana Light •2 days | 65.88 | +0.22 | +0.34% |
|
Marine •18 hours | 64.27 | -0.98 | -1.50% |
|
Murban •18 hours | 64.67 | -0.91 | -1.39% |
|
Iran Heavy •18 hours | 62.00 | -1.08 | -1.71% |
|
Basra Light •18 hours | 64.69 | -0.58 | -0.89% |
|
Saharan Blend •18 hours | 64.91 | -1.09 | -1.65% |
|
Bonny Light •18 hours | 64.33 | -1.20 | -1.83% |
|
Canadian Crude Index •18 hours | 50.06 | -2.14 | -4.10% |
|
Western Canadian Select •35 mins | 51.93 | +0.26 | +0.50% |
|
Canadian Condensate •17 hours | 62.53 | +0.31 | +0.50% |
|
Premium Synthetic •17 hours | 63.93 | +0.31 | +0.49% |
|
Sweet Crude •35 mins | 61.03 | +0.31 | +0.51% |
|
Peace Sour •35 mins | 58.03 | +0.31 | +0.54% |
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Louisiana Light •2 days | 65.88 | +0.22 | +0.34% |
|
Domestic Swt. @ Cushing •18 hours | 58.00 | -2.00 | -3.33% |
|
Giddings •18 hours | 51.75 | -2.00 | -3.72% |
|
ANS West Coast •3 days | 66.29 | +1.97 | +3.06% |
|
West Texas Sour •18 hours | 55.76 | -1.72 | -2.99% |
|
Eagle Ford •18 hours | 59.71 | -1.72 | -2.80% |
Article Archive
Why Oil Bulls Aren't Backing Down
While there is still plenty of potential new oil supply on the market, particularly from OPEC+, analysts remain very bullish and banks are beginning to talk about $100 oil.
Oil Rig Count Inches Higher As Prices Drop
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose by 5 this week. The total number of active oil and gas…
Reuters Poll: Bankers See Steady Rise In Oil Prices
Brent crude will average $59.07 per barrel this year, according to a Reuters survey of analysts. This is up from last month’s consensus on an average of $54.47 a…
Texas Freeze Led To Second-Highest Natural Gas Withdrawal Ever
The extreme winter weather last week resulted in the second-largest withdrawal of natural gas from storage in the U.S. as demand spiked, the Energy Information Administration (EIA) said on…
China's Oil Reserves Near Limit
China's crude oil reserves have reached a level equal to 100 days of imports, Bloomberg has reported, citing unnamed sources in the know, which is near the country's storage…
How High Can Oil Really Go?
Oil price revisions started cautiously: some banks saw Brent crude averaging $65 a barrel this year, and others, of a bolder nature, predicted that the oil benchmark could…
The “Oil Of The Future” Is Set To Soar In 2021
This boulder could be an indication of an exciting development in the lithium market. Why? Processed, that boulder…
The Oil Industry Is Ready To Fight President Biden In Court
Reeling from the effects of the pandemic, the oil industry is in no mood to fool around. When newly inaugurated President Joe Biden canceled the Keystone XL pipeline project, refiners…
Which Banks Are The Biggest Backers Of Oil And Gas?
About a month ago, BlackRock Inc.(NYSE:BLK), the world's largest asset manager with $9 trillion in assets under management (AUM), sent shockwaves through the fossil fuel sector after it vowed to double…
The Staggering Cost Of Weather-Proofing U.S. Infrastructure
As extreme weather conditions wreak havoc on America’s largest energy producing states, can they continue to provide for their citizens? The combination of climate change and aging infrastructure…
Natural Gas Production Plunged 45% During The Texas Freeze
Natural gas production in Texas collapsed by 45 percent during the cold snap last week, primarily due to freeze-offs, the Energy Information Administration (EIA) said on Thursday, citing estimates…
Exxon Shocks As Oil Reserves Drop By A Third
Exxon slashed its oil reserves by almost a third in what is the most radical reserve revision in the company’s modern history. The supermajor reported reserves totaling 15.3 billion…
The $7 Trillion Cost Of Upgrading The U.S. Power Grid
We have just witnessed the damage caused by poorly designed energy grids—rolling blackouts, skyrocketing electricity prices, people sleeping in their cars and in one insulated room to keep warm. At…
Barclays Now Sees Brent Crude At $67 In 2021
Barclays became on Thursday the latest bank to upgrade its forecasts for the average price of oil this year due to lower than previously expected supply from the United…
Shell Sees LNG Demand Nearly Doubling By 2040
Global demand for liquefied natural gas (LNG) is set to nearly double from 360 million tons last year to 700 million tons by 2040, thanks to continued solid demand from…
Bank Of America Expects Fastest Oil Price Rise In 30 Years
Oil prices are set to rise by the fastest rate since the 1970s over the next three years, Bank of America said in a new report, joining the growing group…
Oil Demand Won’t Be Wiped Out By Energy Transition
The COVID-19 crisis has accelerated the timeline of peak oil demand while government policies to build back better and greener are speeding up the energy transition, major oil companies and…
Could This Be The Most Exciting Gold Play of 2021?
A run on gold has propelled it to an all-time high in August 2020 when it nearly doubled from its 5-year nadir, fueled by an overheating stock market, a raging…
Tesla's Stock Drop Is All Thanks To Musk's Big Bitcoin Bet
After a meteoric rise of more than 700% in 2020, Tesla’s stock value has taken a dive and the company has suddenly entered a bear market. Indeed, just…
Could This Be The Hottest Commodity Play Of 2021?
Lithium-ion is about to take on a lot more significance. This is not about your iPhone anymore. It’s not even just about your electric vehicle. Lithium-ion batteries…
