 |
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 • 176 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 687
$0 Oil Forces Canada To Shut Down Crude Production
Canadian oil companies have begun shutting down steam-driven oil sands production projects as prices continue to fall, Reuters reports, noting the move could have dire long-term consequences for the production…
U.S. Oil Prices Fall To $11 Per Barrel In Historic Crash
The front-month WTI crude contract crashed by 37 percent early on Monday as the May contract expires on Tuesday and the market fears there is not much storage left in…
Oil Prices Hit $15 For The First Time In 21 Years
A gruesome combination of crumbling demand for crude and global storage filled to its brim has pushed oil prices to levels not seen in over two decades. U.S. benchmark, West…
The Surprising Winners And Losers Of The Global Oil Glut
Despite the historic OPEC+ production cut deal, available oil storage capacity around the world is running thin as global oil demand continues to crumble amid lockdowns and travel…
OPEC’s No.3 Scrambles For Lifeline As Oil Income Tanks
Even before the current spate of Saudi-led lunacy in the shape of the oil price war with the two biggest oil producers in the world loomed into view,…
How The COVID-19 Plastic Boom Could Save The Oil Industry
What happens when you give industries that are frequently ostracized for their role in environmental degradation an 'open license to pollute?' They take it with…
Qatar And Russia Fight For LNG Supremacy As Prices Fall To Historic Lows
The 2020 drastic oil price drop, induced by the ever-frightening coronavirus and the Saudi-Russian spat, has ravaged business interests all across the world. US oil producers are facing…
Scientists Unveil Tech To Tame The AI Energy Blackhole
Our ever-growing sea of connectivity powered by technologies such as Big Data, AI, 5G, and IoT has created an enormous tsunami of data that is, unfortunately, playing a…
Oil Autocrats Are Struggling To Keep Their Power
This week began with a bang for the oil markets. On Sunday the members of OPEC+ struck a historic deal to slash production by a whopping 9.7 million…
Do U.S. Shale Drillers Deserve To Exist In Free Markets?
In the fallout of the current crisis, one more statistic can be added to the toll of Covid-19 – US Energy Independence. The Shale Revolution was responsible for…
The Oil Industry’s Recovery Lacks One Important Ingredient
The growing global oil and gas glut, partly caused by the coronavirus global lockdown but also due to mismanagement of the US shale sector and the OPEC+ price…
Would Trump Actually Pay Oil Producers Not To Pump?
The global oil industry has been scrambling for a solution to the dramatic oil price crash and enduring global crude glut from last month. As the novel coronavirus…
The Next Big Thing For The Petrochemical Industry
Petrochemicals is a lucrative market sector for countries and oil companies which have been hit hard by falling oil prices. A new Lux Research study
Oil Crisis Challenges Putin’s Power
Russian President Vladimir Putin refuses to yield under pressure. That is a matter of pride for Putin himself and a key aspect of his appeal to Russian elites…
U.S. Energy Consumption Falls To 16-Year Low
As the fight to contain the spread of the novel coronavirus shuts down economies across the globe, we have had to change the way that we live as…
Saudi Arabia’s Oil Stock Gambit
It's the basic successful investment rule: buy when everyone is selling and sell when everyone is buying. The rule has been proved right by many a legendary figure…
Storage Fears Drive Oil Below $18
Fears of global crude storage hitting capacity are now dominating markets, sending oil prices falling towards $15
Oil Isn’t Ready To Rally
The week started out promising for crude oil traders, hoping for a boost in prices to shore up the U.S. oil industry and to stabilize prices. OPEC, Russia and other…
Oil Storage Nears Its Limit
1. Potential debt crisis could hit commodity exporters hardest- Emerging market assets have seen risk…
The Oil Sector That Will Suffer The Most
COVID Market Update - Oilfield service providers continue to be hit hard. Having suffered during the last oil price crisis, it looks like this group will not be spared this…
