 |
WTI Crude •10 mins | 52.79 | +0.18 | +0.34% |
|
Brent Crude •11 mins | 56.07 | +0.16 | +0.29% |
 |
Natural Gas •25 mins | 2.650 | -0.006 | -0.23% |
|
Mars US •2 hours | 53.41 | -0.16 | -0.30% |
|
Opec Basket •2 days | 54.85 | +0.16 | +0.29% |
|
Urals •35 days | 42.22 | +0.00 | +0.00% |
|
Louisiana Light •2 days | 54.78 | +0.50 | +0.92% |
|
Marine •20 hours | 55.30 | +0.08 | +0.14% |
|
Murban •20 hours | 55.55 | -0.08 | -0.14% |
|
Iran Heavy •20 hours | 51.68 | +0.38 | +0.74% |
|
Basra Light •20 hours | 57.19 | -0.04 | -0.07% |
|
Saharan Blend •20 hours | 55.24 | +0.58 | +1.06% |
|
Bonny Light •20 hours | 55.06 | +0.34 | +0.62% |
|
Canadian Crude Index •20 hours | 40.11 | +0.13 | +0.33% |
|
Western Canadian Select •1 hour | 39.22 | +0.70 | +1.82% |
|
Canadian Condensate •19 hours | 51.77 | +0.50 | +0.98% |
|
Premium Synthetic •19 hours | 53.17 | +0.50 | +0.95% |
|
Sweet Crude •1 hour | 47.77 | +0.50 | +1.06% |
|
Peace Sour •1 hour | 46.52 | +0.50 | +1.09% |
|
Louisiana Light •2 days | 54.78 | +0.50 | +0.92% |
|
Domestic Swt. @ Cushing •20 hours | 49.00 | -0.25 | -0.51% |
|
Giddings •20 hours | 42.75 | -0.25 | -0.58% |
|
ANS West Coast •5 days | 55.32 | -0.72 | -1.28% |
|
West Texas Sour •20 hours | 46.56 | -0.16 | -0.34% |
|
Eagle Ford •20 hours | 50.51 | -0.16 | -0.32% |
Breaking News:
Article Archive | Page 2
Barclays: WTI To Average $52 In 2021
Barclays expects the U.S. oil benchmark, WTI Crude, to average $52 per barrel in 2021, raising its outlook by $2 a barrel due to a weaker U.S. dollar and…
Oil Major BP Significantly Downsizes Oil Exploration Division
As part of its ambition to reduce oil and gas production and raise investments in clean energy, BP has been cutting staffing levels at its oil and gas exploration division…
Iraq Slashes Oil Output To Compensate For Overproduction
Iraq will pump less oil this month and next to make up for excess production last year, the deputy chief of SOMO, the oil marketing company of Baghdad. For both…
Oil Majors Poised To Make Biggest Geothermal Investments In 30 Years
The green energy revolution is well and truly underway. Renewables have proven to be highly resilient, emerging as the only energy sector to record any kind of growth…
Goldman Sachs: Biden’s Federal Land Drilling Ban Is Bullish For Oil
Oil stocks tumbled following yesterday's one-two punch of Biden energy news, when first we learned that the Interior Department enacted a 60-day moratorium on issuing oil and gas…
How Hydrogen Could Power The Ultimate Battery
Hydrogen as a fuel of the future is the talk of the town in energy markets. Pros and cons of green versus blue hydrogen, capacity building plans, new…
Egypt Looks To Resume LNG Exports As Prices Rise
Egypt’s 2015 discovery of the supergiant Zohr gas field was supposed to propel the North African country into the Eastern Mediterranean limelight. Within less than 3 years Egypt…
The One Big Problem With A Central Asian Energy Corridor
In Moscow last week, President Vladimir Putin hosted the prime minister of Armenia and the president of Azerbaijan. It was the first meeting of the three leaders since…
Will Venezuela Go To War Over Oil?
January 2021 is still far from over yet the pages of Oilprice already boast 6 articles about Guyana being the hottest drilling spot in the world. This is…
IHS Predicts A Record Year For Renewables In 2021
Global renewable capacity additions defied COVID-19 to set new records in 2020, while global renewable energy output in the electricity sector jumped, unlike other energy sources.
How Climate Change Increased The Need For Fossil Fuels In 2021
As the climate is changing, the Arctic is warming four times faster than global averages, causing the circumpolar Jetstream to weaken and move southwards. Consequently, freezing cold air…
Will Biden Lift Sanctions On Venezuela?
The country with the largest proven oil reserves in the world, clocking in at a whopping 299,953,000,000 barrels of proven oil, is currently suffering a fuel shortage so…
Why Decarbonization Could Make Strategic Sense For Oil Majors
Can oil companies profitably transform themselves into low carbon, green enterprises? That is a big question for investors. We have already noted that green investments because of their…
Energy Shares Plunge As Oil Rally Stalls
Energy shares were hit hard as the oil rally came to a halt, with new lockdowns reigniting oil demand fearsWith 2021 shaping up…
Oil Tumbles As Chinese COVID Cases Rise
Oil prices tumbled more than 2.5 percent early on Friday, dragged down by concerns that oil demand in the world’s top oil importer, China, could falter amid rising COVID-19 cases…
U.S. Rig Count Increases As Oil Rally Takes A Breather
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose by 5 to 378. The oil and gas rig count has risen…
Iran Begins Boosting Oil Production
Iran has started ramping up its crude oil production eyeing a return to pre-sanction levels in a month or two, Deputy Oil Minister Amir Hossein Zamaninia told media, as
Bearish EIA Inventory Report Sends Oil Prices Lower
Crude oil prices fell further today after the Energy Information Administration reported a crude oil inventory build of 4.4 million barrels for the week to January 15. This compared…
Goldman Bullish On Oil As It Eyes Major Relief Package
Oil prices will be supported this year by the upcoming massive economic stimulus package in the United States and the low probability of much Iranian oil returning to the global…
Was Saudi Arabia's Surprise Production Cut A Good Idea?
Oil prices have risen by 10 percent since the end of 2020 and 8 percent since the OPEC+ meeting two weeks ago, but the rally has nothing to do with…
