 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 2 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 2 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 2 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 725
Citi: Brent Oil Could Fall To $47 As Demand In China Crashes
Citigroup has slashed its oil price forecasts for three of the quarters this year and doesn’t rule out Brent Crude sliding to as low as $47 a barrel as…
OPEC+ Considers 500,000 Bpd Cut In Emergency Meeting
OPEC and its key ally in the OPEC+ coalition, Russia, are set to convene an extraordinary meeting of a joint technical committee on Tuesday or Wednesday this week, to discuss…
Coronavirus Could Cause China's Oil Demand To Plunge By 20%
China’s oil demand amid the coronavirus outbreak is likely inflicting the worst oil demand shock to markets since the financial crisis of 2008-2009, with Chinese demand plunging by 20 percent…
Coronavirus May Cripple Fuel Demand In All Of Asia
The coronavirus outbreak in China is already impacting demand for fuel as airlines are canceling thousands of flights to China and Chinese authorities are discouraging travel by air or road…
What Happens If The Next U.S. President Bans Oil Exports?
It’s election year again and the stakes are higher than ever for one booming industry in the United States: oil and gas. All the leading Democratic candidates have vowed to…
Energy Stocks Retreat On Poor Earnings
The earnings season is here again with nearly a quarter of S&P 500 companies having returned their Q4 and full FY 2019 scorecards--and it doesn’t make for pretty reading, especially…
The Two Global Powers Controlling Iran’s Oil Sector
Aside from becoming the number one petrochemicals powerhouse in the Middle East within the next three years, Iran’s priorities in the current U.S. sanctions environment is to increase its production…
The Big Four In Tech Are Buying Into The Renewable Boom
“By the end of the coming decade we will be on one of two paths. One is the path of surrender, where we have sleep walked past the point of…
Who Will Drill Mexico’s Hottest Oil Prospect?
As any attentive reader of Oilprice would know, Mexico has been fighting a gradual oil production decline for years already – for fifteen years in a row the Latin American…
Jim Cramer: ‘’Fossil Fuels Are Done’’
“I’m done with fossil fuels. They’re done. They’re just done.” CNBC’s Jim Cramer didn’t even feel the need to address the disappointing earnings from the oil majors. Chevron and ExxonMobil…
Oil Bankruptcies Are Reaching Worrying Levels
Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and gas producers, oilfield services and midstream bankruptcies from the beginning of…
Is Germany Too Dependent On Renewable Energy?
Germany now generates over 35 percent of its yearly electricity consumption from wind and solar sources. Over 30 000 wind turbines have been built, with a total installed capacity of nearly…
Is Egypt’s Energy Hub Dream Falling Apart?
Since the end of the 1990s Egypt has dreamt of becoming an East Mediterranean gas and energy hub. The discoveries offshore in the Nile Delta at the end…
Turkey’s Latest Power Grab Has Europe On Edge
Conflicts in the Middle East attract an entanglement of interventions, any of which could turn the region into a powder keg, and Turkish intervention in Libyan civil conflict adds a…
Saudis Boost Crude Oil Exports To China By 47% In 2019
The world’s largest oil exporter, Saudi Arabia, significantly raised its crude sales to the world’s largest oil importer, China, in 2019, boosting its exports to China by 47 percent and…
Oil Market Falls Deeper Into Abyss
The oil market is “troubled by both rising demand worries and rising fuel stocks,” said Ole Sloth Hansen, head of commodities strategy at Saxo Bank A/S in Copenhagen. “It’s…
Coronavirus: Is The Worst Still To Come For Oil?
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading lower on Friday, however, momentum is clearly to the downside as traders continue to worry about the coronavirus’…
Why A Real Fracking Ban Won’t Happen
Friday January 31, 2020 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Oil Major Earnings Disappoint
Market Movers The biggest thing moving the market this week continues to be the China-originating coronavirus as flight cancellations pick up momentum, cutting down massively on jet fuel demand, while…
A High Yield Play In A Battered Oil Market
The Fed met this week, and there were really no surprises. They left interest rates unchanged as expected, and the statement and press conference that accompanied their decision reiterated their…
