 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 19 hours | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 14 mins | 2.574 | -0.003 | -0.12% |
|
Bonny Light • 19 hours | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 19 hours | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 18 hours | 75.13 | -0.70 | -0.92% | ||
|
Light Sour Blend • 18 hours | 78.18 | -0.70 | -0.89% | ||
|
Syncrude Sweet Premium • 18 hours | 85.13 | -0.70 | -0.82% | ||
|
Central Alberta • 18 hours | 75.53 | -0.70 | -0.92% |
|
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:
Article Archive | Page 680
Saudi Arabia’s Attack On The U.S. Shale Patch
Tankers carrying some 35 million barrels of Saudi oil are about to hit the shore of the United States, dealing another blow to the US shale patch, while the administration…
Oil Prices Set For Second Consecutive Weekly Gain
Oil prices were poised for a second weekly gain in a row early on Friday, as traders bet that the worst of the demand loss is behind us while production…
Goldman Sachs: Oil Demand Could Exceed Supply By End-May
Oil demand could rebound enough to exceed supply by the end of this month, Goldman’s head of commodities Jeffrey Currie told Barron’s Market Brief, noting that this would be in no…
Why This Oil Rally Won't Last
Oil prices have rallied as traders believe the depths of demand destruction may be coming to an end with economies beginning to reopen. But some analysts are warning that the…
Some Shale Drillers Are Restarting Production At $25 Oil
U.S. oil prices slumped into negative territory less than a month ago as storage space fills up fast. And yet it appears that some producers are ready to…
U.S. Oil Companies Are Cutting Production Much Faster Than Expected
The United States is on track to cut 1.7 million barrels of oil production per day, according to Reuters calculations of state and company data shared on Thursday. It was U.S.…
The Only Hotspot Where Big Oil Will Still Spend
Oil majors may be slashing spending and deferring development plans across the globe, but they remain committed to developing the newest offshore oil finds in the heart of…
Did The Plastics Boom End Before It Even Started?
Three years ago, the UN declared plastic pollution a global crisis, more than three decades after the discovery of the Great Pacific…
The Terrifying Truth About Trading Oil
When we buy stocks – as long as we don’t trade on margin – we know that the worst case scenario is a 100% loss on our investment. But that…
Are Diamonds The Answer To Our Nuclear Waste Problem?
Nuclear energy is often touted as an answer to climate change for its potential as an efficient means of energy production in a decarbonized energy industry of the…
Why Is Russian Crude So Expensive?
One of the main reasons why the coronavirus-induced price slump feels so odd is that it is accompanied by a prolonged price war that has simultaneously dropped crude differentials, in…
Saudi Arabia Raises Oil Prices As Demand Recovers
Saudi Arabia’s oil giant Aramco raised the price for all its crude oil grades to all regions for June in a move that analysts see as the start of demand…
Mexico’s President Is Betting Big Against Renewables
It sounds like a news report out of yet another dystopian novel: Mexico is halting grid connection for new solar and wind power projects. In a world rushing…
China’s Oil Imports Soar In April
China crude oil imports increased in April to about 9.84 million bpd as demand for fuels began to rebound, Reuters reports, citing customs data. The country’s overall exports posted an…
Oil Jumps 10% As Saudis Raise Prices For First Time Since Price War
After slumping much of yesterday, Brent soared on Thursday morning, after Saudi Arabia stepped in to prop up the recovery in the energy market by raising crude prices for its…
Why Oil Is Critical To U.S. Survival
One more word on Beijing’s plans leading up to, and during, the 2020 crisis. This crisis was to be the pivotal point for the…
Is This The End Of The LNG Boom?
The glut of natural gas could lead to more cancelled LNG exports in the next few months. “It is clear that yes we face today people talk lot about the…
The Shale Basins That Have Been Hit Hardest By The Oil Price Crash
It might sound like a headline about Canada’s oil industry or Venezuela’s, but even the most prolific basins in the U.S. shale patch are crumbling under the weight of low…
The Crucial Oil Pipeline That Could Help Iran Skirt Sanctions
Construction is now fully under way of Iran’s game-changing oil pipeline that will be able to transport huge quantities of oil and petrochemicals from its major oil…
Oil Majors Are Abandoning This Key Shale Basin
Royal Dutch Shell announced this week that it was selling its Appalachia shale gas assets for $541 million in a transaction that wouldn’t…
