 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 2 days | 88.04 | -0.81 | -0.91% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.583 | -0.108 | -4.02% |
|
Bonny Light • 2 days | 88.04 | -0.81 | -0.91% | ||
|
Girassol • 2 days | 89.07 | -0.57 | -0.64% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 13 hours | 75.13 | -0.70 | -0.92% | ||
|
Light Sour Blend • 13 hours | 78.18 | -0.70 | -0.89% | ||
|
Syncrude Sweet Premium • 13 hours | 85.13 | -0.70 | -0.82% | ||
|
Central Alberta • 13 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% |
Article Archive | Page 684
Fleet Of 28 Saudi Oil Tankers Could Send U.S. Oil Prices Crashing In May
With the Covid-19 pandemic reducing global oil demand by devastating numbers, oil storages are filling quickly in the US, forcing producers to start shutting output in the country and creating…
Morgan Stanley: Oil Demand Won’t Return To ‘Normal’ Until End-2021
Oil demand around the world will not return to the pre-virus levels of 2019 until the fourth quarter of 2021, as countries will be slowly emerging from the lockdowns and…
Gasoline Inventories See Surprise Draw As Crude Stocks Soar
A day after the American Petroleum Institute reported yet another inventory build estimate, at close to 10 million barrels, the Energy Information Administration confirmed a build, saying inventories…
Russian Oil Production Set For First Annual Drop Since 2008
Due to the OPEC+ production cut deal, Russia’s oil production could decline by 15 percent annually in 2020, Russian Energy Minister Alexander Novak told news agency Interfax in an interview published…
Oil Prices Jump 28% But Analysts Warn More Carnage Still To Come
The price of key U.S. benchmark West Texas Intermediate shot up 18 percent in early trading this morning as new reports emerged suggesting that the United States would not fill…
The Death Of U.S. Oil
It’s game-over for most of the U.S. oil industry. Prices have collapsed and storage is nearly full. The only option for many producers is to shut in their wells. That…
How Bad Are Big Oil’s Earnings?
BP’s first quarter earnings plunged by two-thirds, and its debt levels rose to a record high. The global pandemic and the collapse of oil prices will hit U.S. shale…
This Historic Oil Price Crash Will Create A New Era For Energy
In the last couple of months, the global energy industry has been flipped on its head. As the novel coronavirus pandemic ravaged economies around the world, the energy…
Traders Are Betting Big On An Oil Price Rebound
Global oil storage space is running low, production is not falling quickly enough, and yet last week hedge funds bought a record amount of WTI contracts, Reuters’ John…
Brent Oil Price Could Double By December
WTI is witnessing wild price swings as U.S. producers send their crude to the Strategic Petroleum Reserve because commercial storage tanks are close to reaching capacity.Oilprice.com’s Michael Kern…
Earnings Season Will Be A Bloodbath For Oil Producers
(Click to enlarge) (Click to enlarge) (Click to…
Are Solar Windows The Next Big Renewable Breakthrough?
Windows that let in light and produce electricity at the same time: a recipe for a perfect life and an idea as fascinating as unattainable. At least until recently. Making…
Oil Major BP Looks To Break Even At $35 Per Barrel
BP will seek to slash its breakeven oil price from $56 a barrel in 2019 to $35 a barrel by 2021, chief executive Bernard Looney told Reuters. The supermajor has announced…
Russia Expects A Protracted Oil Price Plunge
Even though the new OPEC+ deal is set to come into force this week, oil prices will not rise much in the near future because of very high global inventories,…
How COVID-19 Will Change Oil Markets Forever
Oil is cheap, demand is gone, and nothing will ever be the same. These are the facts in oil today that experts seem to agree on, although opinions…
OPEC’s Oil Exports Jump As Production Cut Deadline Nears
Crude oil supply from OPEC members has soared by more than 2 million bpd in April to the highest levels since December 2018, oil-flow tracking company Petro-Logistics said on Tuesday. The…
Are Oil Prices Heading Back Into Negative Territory?
Oil slipped another 20 percent in early trading on Tuesday morning before paring some of its losses as the world continues to grapple with lockdown orders. The one-two punch of…
Trump Could Use ‘Nuclear Option’ To Make Saudi Arabia Pay For Oil War
President Donald Trump is considering all options available to him to make the Saudis pay for the oil price war as the crash that followed has done significant damage to…
The LNG Market Is “Imploding”
While everyone is understandably watching the meltdown in the crude oil market, the global market for natural gas is also cratering. At least 20 cargoes of U.S. liquefied natural gas…
Low Oil Prices May Kill Off The Next Nuclear Boom Before It Begins
After a decade-long bear market, uranium has suddenly turned into a raging bull in an otherwise dismal market for commodities. Uranium prices have surged 35 percent…
