 |
Louisiana Light • 2 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 197 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 17 hours | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 1 day | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 1 day | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 1 day | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 1 day | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 1 day | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 2 days | 75.71 | +0.60 | +0.80% | ||
|
Oklahoma Sweet • 2 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 2 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 3 days | 83.26 | +0.61 | +0.74% |
Breaking News:
Article Archive | Page 696
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…
$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,…
