 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 20 hours | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.576 | -0.001 | -0.05% |
|
Bonny Light • 20 hours | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 20 hours | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 19 hours | 75.13 | -0.70 | -0.92% | ||
|
Light Sour Blend • 19 hours | 78.18 | -0.70 | -0.89% | ||
|
Syncrude Sweet Premium • 19 hours | 85.13 | -0.70 | -0.82% | ||
|
Central Alberta • 19 hours | 75.53 | -0.70 | -0.92% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 743
Is Trump Preparing A New Iran Nuclear Deal?
A moment of monumental importance for U.S.-Iran relations took place early last week when a high-level exchange of prisoners took place in Switzerland. OilPrice.com can exclusively reveal that during the…
The Two Countries Dictating Oil Prices In 2020
It’s the end of the year and authorities of various caliber and standing are making oil price forecasts for next year. This wealth of information can be confusing because of…
The Infinite Energy Resource We’re Overlooking
Here’s fun fact: the world’s deepest manmade hole goes 15 kilometers into the ground. They stopped drilling at the 15th kilometer because it got too hot at the bottom…
Is The Qatar Blockade Coming To An End?
The Middle East’s massive energy reserves have made it the center of many key geopolitical events throughout history. The presidency of Donald Trump has transformed the power dynamics in the…
Emissions Soar As Permian Flaring Frenzy Breaks New Records
The flaring and venting of natural gas in the U.S. continues to soar, reaching new record highs in recent months. The volume of gas that was burned or simply released…
For The First Time Ever, Shell Signs $10B Emissions Linked Financing
Royal Dutch Shell has signed a US$10-billion revolving credit facility, and the interest and fees paid on it will be linked to the company’s targets to reduce its carbon footprint,…
Nord Stream 2 Is “Past The Point Of No Return”
Included in Wednesday's just passed mammoth 2020 National Defense Authorization Act (NDAA) — which increases the Pentagon budget by $22 billion (to a whopping $738 billion) — were long-threatened sanctions on Russia's Nord Stream 2…
Could Low Energy Growth Lead To A Recession?
Many people have the impression that recessions come from financial missteps, such as the US subprime loan fiasco. If energy is involved at all, the problem comes from high oil…
The Oil Bulls Are Back Despite Bearish Fundamentals
In early trading on Friday, oil prices hit a three month high on positive trade war and geopolitical developments. (Click to enlarge)
Deal Or No Deal: Will The Oil Rally Continue?
U.S. West Texas Intermediate crude oil futures are barely holding on to their marginal weekly gains early Friday as confusion has set in over whether there is a trade deal…
Shale Jobs Disappear As Production Growth Slows
Friday December 13, 2019 1. OPEC+ cuts deeper- OPEC+ agreed to cut output by an additional 500,000 bpd last week. Overall,…
Is Aramco Really Worth $2 Trillion?
Market Movers - Saudi Aramco hit $2 trillion on its second day of trading Thursday, but let’s not get overly excited. Yes, it’s bigger than Apple, technically, but it’s a…
An Oil Market On Edge
About every other week you will hear something along the lines of “oil hits such-and-such a high as fear of trade war resides”, or “oil drops again over trade war…
It’s Time To Get Back Into Natural Gas
On October 18th, I wrote a piece here suggesting buying natural gas futures (NG) at around $2.35. That was based on a major technical signal known as a golden cross,…
Oil Rig Count Rises After String Of Losses
The US oil and gas rig count was unchanged this week, according to Baker Hughes, staying at 799 rigs for the week, according to Baker Hughes, but the number of…
The Decisive Battle For Libya’s Oil Has Begun
General Khalifa Haftar has announced “the decisive battle and the advance on the heart of Tripoli,” after eight months of trying to take over the seat of the UN-recognized…
Oil Hits Three-Month High On Trade Deal Optimism
Oil prices rose on Friday to their highest level since mid-September as a ‘phase one’ trade deal between the world’s two largest economies, the United States and China,…
IEA: An Oil Glut Is Inevitable In 2020
Despite the OPEC+ cuts, the oil market is still facing a supply surplus in 2020, according to a new report from the International Energy Agency (IEA). OPEC+ announced additional cuts…
Russia’s Economy Is Signaling An Oil Price Rally
The Russian bear is a decidedly different animal. Even as the oil price outlook has become clearly bearish, Russia knows little fear. It’s defying the oil price hibernation with bullish…
Are Energy Stocks Hot Again?
Is the battered energy sector about to stage a major turnaround, or are contrarian investors trying to catch a falling knife? That’s the million-dollar question at the forefront of every…
