 |
Louisiana Light • 3 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 177 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 days | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 2 days | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 2 days | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 2 days | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 2 days | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 2 days | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 3 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 3 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 3 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 4 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Article Archive | Page 686
The Worst Is Yet To Come For Oil Prices
Dashing hopes for some oil producers who may have thought negative prices were a weird quirk, the June WTI contract fell sharply on Tuesday. During intraday trading June contracts collapsed…
Is This The End Of The World’s Largest Oil Fund?
The oil markets have just gone through an epic long squeeze, with oil prices crashing into negative territory for the first time in history. The May 2020 WTI futures contract sunk…
Saudi Arabia Hints At Further OPEC+ Action
As the oil market meltdown intensified a week after the new OPEC+ production cut deal, Saudi Arabia has hinted for a second time in two weeks that it is ready…
EX-BP CEO: Low Oil Prices Are Here To Stay
The current situation on the oil market with too much supply and collapsing demand is similar to what happened in the middle of the 1980s when a glut led to…
Oil Price Mayhem - Is The Market Broken?
The May '20 WTI contract rebounded on Tuesday morning, but the June '20 WTI contract, the new front month contract is tanking, indicating that producers could be about to face…
Extreme Volatility In Oil Continues As WTI June Contract Tanks 65%
The price of a WTI barrel of oil rebounded on Tuesday and is now back in the black, mimicking the June futures contract—rather than May’s future contract that is set…
A Massive Wave Of Shut-Ins Fails To Halt Oil Price Crash
With the physical oil market coming apart at the seams, traders have begun to realize that we are a lot closer to full storage capacity than previously thought.
China Is Waging A New Kind Of War Against The U.S.
Beijing made it clear in 1999 that when it went to war with the US it would be a new kind of war. People’s Republic of China (PRC) Pres. Xi…
Goldman: Don’t Expect U.S. Oil Prices To Recover Soon
The recovery in U.S. oil prices is still weeks away, Goldman Sachs' head of commodities Jeffrey Currie told CNBC's Power Lunch. The reason for the note of caution is because cutting…
Oil Market Crash Could Lead To Mass Bankruptcies
After U.S. crude oil fell into negative territory yesterday, one expert has warned that the oil industry crisis could force many companies to stop operating. U.S. oil companies have different…
“A Great Time To Buy Oil” Trump Looks To Fill Strategic Petroleum Reserve
With the perfect storm of global demand destruction and the world running out of places store tens of millions of barrels of crude raining down on oil markets, U.S. President…
Brent Crude Oil Prices Fall 20% As Panic Sweeps The Market
After yesterday's historic crash which left the West Texas Intermediate U.S. benchmark settling at -$37, panic is beginning to spread through markets, with Brent…
What’s Next For Oil As Prices Go Negative?
Oil prices crashed through zero, closing out the day at -$37 per barrel, an unprecedented meltdown. There are mitigating circumstances to these insane numbers. The prices for…
Russia Races To Squeeze The U.S. Out Of Asian Natural Gas Markets
The increasingly close relationship on multiple levels between Russia and China became obvious to anyone with an interest in such matters last July when the two countries staged…
Why Today’s 300% Oil Price Crash Isn’t As Bad As It Seems
Oil price futures slipped into negative territory on Monday - a shocking oil-market first - making previous doom and gloom forecasts of OPEC’s too-little-too-late production cuts now seem…
Our Most Abundant Chemical Is The Future Of Fuel
Hydrogen is the renewable fuel that could eliminate the biggest source of demand for fossil fuels—the transportation industry. It is the star in a script for…
China Doubles Rate Of Crude Stockpiling As Oil Falls Below $0
China doubled the fill rate at its strategic and commercial inventories in Q1 2020, taking advantage of the low oil prices and somewhat supporting the oil market amid crashing demand…
Offshore Sector Reeling After Historic 300% Oil Price Crash
The offshore drilling market is set to be one of the worst-hit in the oil price crash and demand collapse, as companies are reassessing drilling programs and canceling or halting…
Oil Prices Hit $1 Following A 90% Crash
For decades, oil bears have made grand claims about…
Flood Of Saudi Oil To Hit U.S. Shores As Prices Hit $10
The highest number of Saudi oil shipments in years are making their way to the United States this month, threatening to make an already dire situation in the U.S. oil…
