 |
WTI Crude •2 days | 40.25 | -0.06 | -0.15% |
|
Brent Crude •2 days | 41.92 | -0.02 | -0.05% |
|
Natural Gas •2 days | 2.139 | -0.109 | -4.85% |
|
Mars US •2 days | 41.00 | -0.01 | -0.02% |
|
Opec Basket •3 days | 41.22 | -0.18 | -0.43% |
 |
Urals •2 days | 41.85 | +0.00 | +0.00% |
|
Louisiana Light •3 days | 41.71 | +0.29 | +0.70% |
|
Marine •2 days | 42.19 | +1.04 | +2.53% |
|
Murban •2 days | 42.22 | +0.73 | +1.76% |
|
Iran Heavy •2 days | 39.75 | +0.27 | +0.68% |
|
Basra Light •2 days | 43.97 | +0.27 | +0.62% |
|
Saharan Blend •2 days | 40.77 | +0.23 | +0.57% |
|
Bonny Light •2 days | 40.91 | +0.13 | +0.32% |
|
Canadian Crude Index •9 days | 28.16 | -0.12 | -0.42% |
|
Western Canadian Select •2 days | 31.81 | +0.38 | +1.21% |
|
Canadian Condensate •2 days | 39.31 | +0.38 | +0.98% |
|
Premium Synthetic •2 days | 40.71 | +0.38 | +0.94% |
|
Sweet Crude •2 days | 37.31 | +0.63 | +1.72% |
|
Peace Sour •2 days | 36.01 | +0.38 | +1.07% |
|
Louisiana Light •3 days | 41.71 | +0.29 | +0.70% |
|
Domestic Swt. @ Cushing •2 days | 36.75 | +0.00 | +0.00% |
|
Giddings •2 days | 30.50 | +0.00 | +0.00% |
|
ANS West Coast •5 days | 40.35 | +0.07 | +0.17% |
|
West Texas Sour •2 days | 34.20 | -0.06 | -0.18% |
|
Eagle Ford •2 days | 38.15 | -0.06 | -0.16% |
Breaking News:
Article Archive | Page 5
Bullish Goldman Sachs Expects Brent To Hit $49 By Year-End
Goldman Sachs is bullish on oil, expecting the market to be in a deficit of around 3 million barrels per day (bpd) by the fourth quarter and Brent Crude prices…
Russian Oil Minister: Global Oil Inventories Are In Decline
Global inventories of crude oil declined by 45 million barrels in August after a 34-million-barrel reduction in July, Russia’s Energy Minister Alexander Novak said in a TV interview. "Reserves…
Oversupply Adds To Grim Oil Demand Outlook
OPEC and the International Energy Agency delivered bad news for the oil market this week. Both authorities revised their oil demand forecasts for this year, and both revised…
Oil Prices Rise As Saudi Arabia Keeps OPEC Members In Check
Oil prices rose on Thursday in the third day of positive price movements for the commodity, as the market responds favorably to OPEC’s meeting chatter. WTI crude prices rose by…
Is This The Final Nail In Coal’s Coffin?
Coal headlines this summer have been uniformly doom-and-gloom, with stories like “Renewables surpass coal in US energy generation for first time in 130…
Lower Oil Production Hits Pipeline Operators Hard
Just two years ago, U.S. pipeline operators were rushing to build pipelines in Texas to move surging Permian oil and gas production to the refining and export centers…
A Wave Of Consolidations Hit Canada’s Oil Patch
A vicious one-two-three punch that started with a gloomy long-term future outlook due to rampant fossil fuel divestments, climate change policies, and decarbonization as well as shorter-term—but severe—shocks from the…
The $60 Trillion Price Tag For A World With Net-Zero Emissions
The world can achieve net-zero greenhouse gas emissions by the middle of this century for an annual investment of US$1 trillion-US$2 trillion, or up to US$60 trillion over the next…
U.S Keeps Top Crude Oil Producer Status
Despite oil production curtailments earlier this year that are not fully back online, the United States maintained its global status as the leading supplier of crude oil in July, ahead…
Iraq Ships More Crude Oil Despite OPEC Output Cut Pledge
Iraq has shipped more crude oil abroad so far this month, tanker-tracking data compiled by Bloomberg showed, even though OPEC’s second-largest producer has promised time and again in recent…
The Secret To Survival For Canada’s Oil Sands
Globally, there are a multitude of different answers (and even more non-answers) to the economic puzzle of how to account for and financially balance (aka pay for) negative…
Saudis Scold OPEC+ Laggards For Trying To “Outsmart The Market”
The OPEC+ group will allow non-compliant members to take until the end of the year to compensate for their overproduction, Saudi Arabia’s Prince Abdulaziz bin Salman said on Thursday…
OPEC Warns That Second Wave Of COVID Will Derail Demand Recovery
A resurgence in Covid-19 cases in some countries could further dampen oil demand and interfere with a decline in oil inventories, Reuters has reported, citing an internal document of…
What BP Got Wrong About Global Oil Demand
Environmentalists around the world are having a field day this week as international media picks up on the oil market forecasts in the recently released BP Energy Outlook…
Cash-Strapped Iraq To Finally Roll Out Refinery Megaproject
Iraq’s Ministry of Oil and Ministry of Industry and Minerals held a series of meetings over the past week to kick-start the multi-billion dollar Nebras petrochemical plant development project, originally…
BP Bombshell: India’s Oil Demand May Peak In 2025
The world’s third-largest oil importer, India, will be the biggest source of energy demand growth through 2050 in any scenario about government policies about the energy transition. However, India may…
Oil Tanker Industry Is In An Ocean Of Trouble
There has been more than enough written about the woes of various segments of the oil industry and related industries so far this year. But there is one industry that…
The Nuclear Sector Gets A State-Sponsored Lifeline
The United States’ nuclear sector is in trouble. And it has been for years now. While the United States remains the largest producer of nuclear energy in the…
Can Uber And Lyft Keep Their Promise To Go Fully Electric?
Uber wants to become part of the ‘net-zero’ emissions alliance by switching over its fleet to electric vehicles. All of its rides could take place in EVs by 2030 in…
China Not Looking To Ban Gasoline Powered Cars Any Time Soon
The world’s largest automotive market, China, is dropping considerations to have a firm deadline for banning the sales of new gasoline and diesel vehicles, according to policymakers advising the government…
