 |
WTI Crude •10 mins | 40.06 | -0.49 | -1.21% |
|
Brent Crude •10 mins | 42.77 | -0.47 | -1.09% |
 |
Natural Gas •10 mins | 1.810 | +0.005 | +0.28% |
|
Mars US •10 hours | 41.65 | +0.93 | +2.28% |
|
Opec Basket •4 days | 43.31 | +0.16 | +0.37% |
|
Urals •3 days | 42.80 | -0.55 | -1.27% |
|
Louisiana Light •4 days | 41.49 | -1.10 | -2.58% |
|
Marine •4 days | 43.68 | +0.40 | +0.92% |
|
Murban •4 days | 43.93 | +0.23 | +0.53% |
|
Iran Heavy •3 days | 42.52 | +0.51 | +1.21% |
|
Basra Light •4 days | 46.00 | -0.71 | -1.52% |
|
Saharan Blend •3 days | 42.86 | +0.60 | +1.42% |
|
Bonny Light •3 days | 43.28 | +0.60 | +1.41% |
|
Canadian Crude Index •2 days | 29.05 | +0.97 | +3.45% |
|
Western Canadian Select •2 hours | 32.55 | +0.93 | +2.94% |
|
Canadian Condensate •2 hours | 39.55 | +0.93 | +2.41% |
|
Premium Synthetic •2 hours | 40.95 | +0.93 | +2.32% |
|
Sweet Crude •2 hours | 36.45 | +0.93 | +2.62% |
|
Peace Sour •2 hours | 36.05 | +0.93 | +2.65% |
|
Louisiana Light •4 days | 41.49 | -1.10 | -2.58% |
|
Domestic Swt. @ Cushing •3 days | 37.00 | +0.75 | +2.07% |
|
Giddings •3 days | 30.75 | +0.75 | +2.50% |
|
ANS West Coast •5 days | 44.59 | +0.25 | +0.56% |
|
West Texas Sour •3 days | 34.50 | +0.93 | +2.77% |
|
Eagle Ford •3 days | 38.45 | +0.93 | +2.48% |
Breaking News:
Article Archive | Page 3
Canada’s Oil Patch Is Bringing Production Back Online
Encouraged by higher oil prices, Canadian oil companies are bringing back some of the crude oil production they had curtailed, the top executives of some of the largest firms said…
Oil Falls After EIA Confirms Large Crude Inventory Build
Crude oil inventories in the United States swelled by 5.7 million barrels in the week to July 3, the Energy Information Administration reported, but gasoline inventories drew down. Analysts had
North Dakota Will Not Impose Oil Production Cuts
North Dakota’s oil regulators decided on Tuesday not to impose any oil production restrictions amid the coronavirus pandemic, The Bismarck Tribune reported. North Dakota follows Texas and Oklahoma in deciding…
World’s Biggest Oil Importer Is Running Out Of Storage
When the bottom fell out of international crude oil markets earlier this year, global oil storage was at a premium. In the United States, finding sufficient crude oil…
Why The Bakken May Not Come Back
The Bakken shale is already declining because of financial struggles and the oil market downturn, but the potential shuttering of the Dakota Access pipeline could close off the possibility of…
Big Oil’s Investment Risk Is Spiking
The major integrated oil companies: Shell,(NYSE:RDS.A, RDS.B); ExxonMobil, (NYSE:XOM); BP, (NYSE:BP); Chevron, (NYSE:CVX), and a few others, so named for their vertical stewardship of the hydrocarbon molecule from…
Abu Dhabi Raises Much-Needed Cash In Landmark Gas Deal
With a projected budget breakeven oil price of US$69.1 per barrel of Brent this year, according to IMF figures, but accounting for around 96.8 per cent of the UAE’s 98…
Huge Debt Payments Come At Worst Time Possible For Canadian Drillers
The collapse in oil prices has significantly deteriorated Canada's oil companies' finances and has made repaying their debt more challenging. Over the past decade, Canadian firms…
Oil Prices Range Bound As Pipelines Come Under Pressure
US oil and gas pipelines have hit yet another snag, leaving crude prices in limbo for the time being.
COVID-19 Set To Hasten UK Ban On Sales Of Gasoline And Diesel Cars
The pandemic is hitting hard economies worldwide, but it is also an opportunity to jumpstart an economic recovery to achieve the net-zero emission ambition of the United Kingdom,…
Venezuela’s Oil Riches Are Quietly Falling Under Russian Control
For decades during the Cold War, Latin America was a focal point of conflict between the two superpowers, the U.S. and Soviet Union. While the U.S. emerged victorious…
Will Working From Home Increase Emissions?
It sounds far-fetched. It sounds counterintuitive. Nevertheless, analysts from the International Energy Agency (IEA) say that the work-from-home trend that the coronavirus pandemic has encouraged may not be as good…
Third Major Blow For Pipelines: Keystone XL Project Stays Blocked
In the third major blow to oil pipelines in just two days, the U.S. Supreme Court ordered on Monday that construction of the long-delayed and once-resurrected Keystone XL project cannot begin.…
Top Energy Analyst Sees Oil Prices Soaring To $66 In 2021
The recovery in oil demand and the less-than-feared demand destruction earlier this year will support oil prices next year when producers will be playing…
China Inks Military Deal With Iran Under Secretive 25-Year Plan
Last August, Iran’s Foreign Minister, Mohammad Zarif, paid a visit to his China counterpart, Wang Li, to present a roadmap on a comprehensive 25-year China-Iran strategic partnership that built upon…
Apple’s “Holy Grail Of Data” Leaves Oil Traders Disappointed
If there was anything certain to come out of the COVID-19 pandemic, it is that the oil market and its participants are struggling to guesstimate how long overall…
Two Major U.S. Pipeline Projects Face Cancelation
In the span of 24 hours, a major natural gas pipeline was cancelled and a judge ordered the Dakota Access Pipeline shut down. Just days after…
China’s June Crude Oil Imports Hit Record High
China’s crude oil imports in June hit a record high, according to a market analysis by OilX Research, in a sign that China’s thirst for crude oil is not being…
Oil Demand To Rebound Despite Spike In COVID-19 Cases
Despite the continued bearish sentiment, oil markets saw a bit of support over the past week, resulting from the sharp decline in the crude oil inventories as reported by the…
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…
