 |
Louisiana Light • 4 days | 83.76 | +0.29 | +0.35% | ||
|
Bonny Light • 3 days | 84.11 | -0.31 | -0.37% | ||
|
Opec Basket • 4 days | 84.30 | +0.70 | +0.84% | ||
|
Mars US • 191 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.513 | +0.013 | +0.52% |
|
Bonny Light • 3 days | 84.11 | -0.31 | -0.37% | ||
|
Girassol • 3 days | 85.07 | -0.23 | -0.27% | ||
|
Opec Basket • 4 days | 84.30 | +0.70 | +0.84% |
|
Peace Sour • 2 hours | 71.46 | -1.00 | -1.38% | ||
|
Light Sour Blend • 2 hours | 74.51 | -1.00 | -1.32% | ||
|
Syncrude Sweet Premium • 2 hours | 81.46 | -1.00 | -1.21% | ||
|
Central Alberta • 2 hours | 71.86 | -1.00 | -1.37% |
|
Eagle Ford • 4 days | 75.74 | +0.27 | +0.36% | ||
|
Oklahoma Sweet • 4 days | 75.75 | +0.25 | +0.33% | ||
|
Kansas Common • 4 days | 69.50 | +0.25 | +0.36% | ||
|
Buena Vista • 4 days | 83.77 | +0.27 | +0.32% |
Breaking News:
Article Archive | Page 692
The Oil Market Crash Is Far From Over
WTI prices may have steadied somewhat after a wild couple of days, but the physical market for crude is still collapsing. Energy stocks posted sharp gains on Thursday as WTI…
What Happens If Oil Storage Runs Out In The Permian?
Fears of running out of storage capacity drove oil prices down over $40 in single day, forcing sellers to pay their buyers to take the product, and these fears were…
Hackers Have Ailing Oil Industry In Their Crosshairs
The world has come to a standstill as billions of people are under lockdown, with many businesses closed. But hackers never sleep. Opportunistic malicious actors are…
New Study Reveals Just How Much Cleaner EVs Are
Amid a global transport industry crisis brought about by the coronavirus pandemic, a study from clean energy nonprofit Transport and Environment has added strength to the argument that…
Venezuela’s Oil Output Could Fall Again Soon
On Tuesday, the Trump administration told the last remaining American oil companies in Venezuela that they had until December to wind down operations in the country. The Treasury Department’s Office…
Warren Buffett Is On The Lookout For Oil Industry Bargains
Two publications this week came out with headlines that Warren Buffett predicted the current oil price crash. Both referenced a 2016 interview of Buffet…
How Working From Home Will Impact Oil Demand Forever
It's day 33 for me. I leave the house to walk the dog and occasionally swing by the corner store. But that's about it. I haven't ridden in…
U.S. Gasoline Consumption Hasn’t Been This Low Since Vietnam War
Consumption of petroleum products in the world’s top oil consumer, the United States, has fallen to its lowest level in decades, as lockdowns restrict travel and the economy slows, the…
U.S. Ban On Saudi Oil Could Force Riyadh To Reroute 40 Million Barrels
Saudi Arabia may be forced to reroute tankers carrying some 40 million barrels of crude oil to the United States if President Trump goes through with a threat to ban…
How Oil Prices Could Go To $100
“We’re in a deflationary moment that surpasses anything seen in most people’s lifetimes,” proclaimed a New York Times byline on Tuesday, the morning…
The Chinese Trick That Could Save Oil
China is buying cheap oil to fill its strategic oil reserves--a move that could save the oil industry. But can it really save the entire global oil industry? Some say…
Incoming 50 Million Barrel ‘Saudi Oil Bomb’ Could Send Prices Even Lower
By now even the 165,727 "professional investors" who are long the USO ETF on the free, glitch-prone platform Robin Hood, are aware that the problem facing global oil production is…
Ban On Saudi Crude Won’t Rescue U.S. Oil Industry
Even if the U.S. government will install an outright ban on Saudi oil, it won’t make much of a difference considering the huge demand destruction and filling storage…
How Much Longer Will Indian Oil Demand Slump?
Merely a month ago India was perceived as one of the main potential winners of the oil price slump – with Middle Eastern differentials dropping beyond any reasonable level, its…
U.S. Shale Braces For Largest Ever Drop In Fracking Activity
The Covid-19 crisis combined with the oil price war is about to trigger the largest ever monthly drop in U.S. fracking activity The Covid-19 pandemic has ravaged global oil demand…
Saudi Supertankers Stranded As Oil Price War Backfires
Saudi Arabia has made good on its early-March promise to flood the world with oil, but with demand collapsing and storage filling fast, the world’s top oil exporter must now…
The Very Real Possibility of -$100 Oil
An oil analyst who warned of negative oil prices a month ago now says that the WTI Crude futures prices could crash to as low as a negative $100 per…
Oil Rally Halts On Huge Crude Build
The Energy Information Administration delivered yet another blow to an already struggling industry by reporting a crude oil inventory build of 15 million barrels for the week to April…
Trump Orders U.S. Oil Major Out Of Venezuela
President Donald Trump has ordered Chevron to start "winding down" its oil production in Venezuela in the latest increase in pressure against the Maduro government in Caracas. The AP reports that…
Oil Jumps After Trump Orders Navy To ‘’Shoot And Destroy’’ Iranian Gunboats
After two dark days for crude, oil prices are rallying again on Wednesday morning after U.S. President Trump triggered a small short-covering rally by tweeting that he has ordered the…
