 |
WTI Crude •10 mins | 39.78 | -0.77 | -1.90% |
|
Brent Crude •10 mins | 42.59 | -0.65 | -1.50% |
|
Natural Gas •10 mins | 1.793 | -0.012 | -0.66% |
 |
Mars US •11 hours | 41.65 | +0.93 | +2.28% |
|
Opec Basket •4 days | 43.31 | +0.16 | +0.37% |
|
Urals •3 days | 42.80 | -0.55 | -1.27% |
|
Louisiana Light •4 days | 41.49 | -1.10 | -2.58% |
|
Marine •4 days | 43.68 | +0.40 | +0.92% |
|
Murban •4 days | 43.93 | +0.23 | +0.53% |
|
Iran Heavy •3 days | 42.52 | +0.51 | +1.21% |
|
Basra Light •4 days | 46.00 | -0.71 | -1.52% |
|
Saharan Blend •3 days | 42.86 | +0.60 | +1.42% |
|
Bonny Light •3 days | 43.28 | +0.60 | +1.41% |
|
Canadian Crude Index •2 days | 29.05 | +0.97 | +3.45% |
|
Western Canadian Select •3 hours | 32.55 | +0.93 | +2.94% |
|
Canadian Condensate •3 hours | 39.55 | +0.93 | +2.41% |
|
Premium Synthetic •3 hours | 40.95 | +0.93 | +2.32% |
|
Sweet Crude •3 hours | 36.45 | +0.93 | +2.62% |
|
Peace Sour •3 hours | 36.05 | +0.93 | +2.65% |
|
Louisiana Light •4 days | 41.49 | -1.10 | -2.58% |
|
Domestic Swt. @ Cushing •3 days | 37.00 | +0.75 | +2.07% |
|
Giddings •3 days | 30.75 | +0.75 | +2.50% |
|
ANS West Coast •5 days | 44.59 | +0.25 | +0.56% |
|
West Texas Sour •3 days | 34.50 | +0.93 | +2.77% |
|
Eagle Ford •3 days | 38.45 | +0.93 | +2.48% |
Breaking News:
Article Archive | Page 7
Second COVID Wave In China Could Upend Crude Recovery
As the world’s largest net importer of crude oil and other liquids since September 2013, any significant variation in Chinese demand for oil resonates quickly and profoundly in global oil…
How The Fed Bailed Out U.S. Oil And Gas
The Trump administration has taken dozens of actions during the Covid-19 pandemic to benefit the oil and gas industry, such as opening new lands for leasing, watering down…
Colombia Is An Overlooked Victim Of The Oil Price War
The considerable optimism surrounding oil at the end of 2019, when Brent was trading at $68 a barrel has turned sour. The demand shock triggered by the coronavirus…
Tighter Markets End Lucrative Oil Trade
From a super contango in April, the Brent Crude futures curve has flattened and flipped to backwardation for the nearest months, wiping out was is seen as one…
OPEC+ Is Still Producing Too Much Oil
OPEC further restricted its oil production in June compared to May as it aims to withhold a record volume of supply from the market together with its non-OPEC allies led…
Fossil Fuels Make Up 84 Percent Of The Global Energy Market
This week BP released its Statistical Review of World Energy 2020. The Review covers energy data through 2019, and provides a comprehensive picture of…
U.S. Commercial Crude Oil Stocks Hit Record High
The United States held a record-high level of commercial crude oil inventories as of the week to June 19 following the collapse in demand in the lockdown and the slow…
Iraq Set To Fall Short Of Ambitious OPEC+ Targets
Iraq produced more than 650,000 barrels per day (bpd) above its target output level in May and is now being asked to make up for its non-compliance…
Suppliers Fight For Dominance In This Crucial Gas Market
Europe’s Mediterranean region is emerging as Europe’s main front of commercial rivalry – natural gas producers that rely on pipeline supplies and utilize primarily oil-indexed or hybrid-pricing terms are taking…
Chinese Oil Majors Could Form A Powerful Buyers Club
China’s state-owned oil companies—Sinopec, CNOOC, PetroChina, and Sinochem—are discussing an arrangement to buy crude oil together instead of individually, to avoid bidding wars and gain more bargaining power, unnamed sources…
Shale Giant Chesapeake Files For Bankruptcy
Chesapeake Energy has filed for Chapter 11 bankruptcy protection, the company said to day, adding that it had signed a restructuring support agreement with creditors. The restructuring support agreement, which…
Natural Gas Price Plunge Could Soon Lead To Shut-Ins
Natural gas prices plunged to new lows this week, falling below $1.50/MMBtu, a catastrophically low price for U.S. gas drillers. The factors afflicting the gas market…
The Long Road To Oil Demand Recovery
Fuel demand in the United States has been gradually increasing in recent weeks, clawing back over half of the consumption lost during the first couple of weeks of…
U.S. LNG Industry Needs Prices To Double
Last week, Tellurian said it would make the final investment decision on the Driftwood LNG project next year. On the one hand, the…
Imploding Car Sales Weigh On Battery Metals Market
Car sales are tanking the world over: Europe is likely to experience a 20–25% drop in overall sales, the US is running at an annualized rate of little over 12m…
Peak Fuel Demand Will Occur Within 10 Years
It has been a tough few months for the oil industry, and there’s more pain on the way as the industry struggles with disruptive forces that could completely…
2020 Will Be A Brutal Year For Coal
As if the economic fallout from the novel coronavirus pandemic weren’t enough, a series of trade battles have redoubled the United States’ economic woes in recent weeks. Like…
30% Of U.S. Shale Drillers Could Go Under
U.S. shale was one of the big losers of the Saudi-Russian price war that many saw as a war on U.S. shale. Producers scrambled to stay afloat as…
Do Gold Stocks Still Have Upside?
Gold miners’ stocks rocketed out of mid-March’s stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks’ upleg stalling out since, have left…
Russian Mercenaries Block Output Restart At Libya’s Largest Oilfield
Russian and other foreign mercenaries entered the Sharara oilfield on Thursday evening to prevent the resumption of oil production at the largest Libyan oilfield, Libya’s National Oil Corporation (NOC) said on…
