 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 25 mins | 2.597 | +0.019 | +0.74% |
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 2 days | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 15 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 15 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 15 hours | 82.20 | -2.93 | -3.44% | ||
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Central Alberta • 15 hours | 72.60 | -2.93 | -3.88% |
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Eagle Ford • 2 days | 75.48 | -2.93 | -3.74% | ||
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Oklahoma Sweet • 2 days | 75.50 | -2.75 | -3.51% | ||
|
Kansas Common • 3 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 4 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 824
Saudi Arabia Vows To Prevent Oil Crash
Investor Deadline: The deadline for signing up to Global Energy Alert at a discount is looming.
This Overlooked Canadian Oil Niche Is Making Traders Billions
Canada’s oil industry continues to face major pipeline bottlenecks as production far outpaces transport capacity, a persistent issue that has led to significantly decreased oil prices and a major loss…
BP: Petrochemicals Drive U.S. Oil Demand Boom
The United States saw its crude oil and liquids demand jump in 2018 at its fastest pace in over a decade on the back of growing petrochemical plant capacity that…
U.S. Gasoline Prices Set To Drop As Driving Season Begins
Prices at the pump in the United States are set for a decline next week thanks to lower crude oil prices and the start of driving season, Bloomberg reports,…
OPEC’s Struggle To Avoid $40 Oil
A few weeks ago, OPEC+ was mulling the possibility of exiting the production cut agreement because the oil market was at risk of over-tightening. Now Saudi Arabia is scrambling to…
Can Trump Rely On The Saudis As Oil Prices Crash?
A month or so ago U.S. President Donald Trump extracted a promise from Saudi Arabia that it would pump more oil to mitigate the risk of oil price spikes resulting…
Can Shale Survive Low Oil Prices?
Lower oil prices could drag down U.S. shale drillers at a time when their finances are already looking shaky. But the impact on oil production growth is still murky. WTI…
OPEC’s No.2 Steps In To Replace Lost Iranian Oil
U.S. sanctions on Iran’s oil industry were bound to be good news for fellow OPEC producers in the Middle East even if it wouldn’t have been good manners to acknowledge…
Russian Energy Minister: Oil Could Still Drop To $30
There is a risk that oil prices could drop to as low as $30 a barrel because OPEC and its Russia-led allies could produce more oil by the end of…
Iran Won’t Leave OPEC
Iran has no intention of leaving OPEC despite its being treated like an enemy by some members, Oil Minister Bijan Zanganeh told a parliamentary news site as quoted by…
Chinese Rare Earth Exports Tumble As Trade War Accelerates
China, the world’s largest producer and exporter of rare earths elements, sharply reduced its overseas shipments of the critical product in the first five months of 2019, amid growing populist…
A New Trend In The Middle East? Oman Taxes Energy Drinks As Oil Income Falls
In a bid to reduce its reliance on crude oil revenues, the sultanate of Oman has announced a slew of new taxes on products ranging from tobacco and alcohol to…
Platts: OPEC Oil Production Slumps With Saudis Cutting Deeper
OPEC’s oil production dropped by 170,000 bpd from April to 30.09 million bpd in May—the lowest level since February 2015, as Saudi Arabia cut its oil output even deeper despite…
The Bearish Threat Within OPEC
After a prolonged oil price plunge, pushing price levels down to around $59 Brent per barrel, signs are showing that the market believes the downward trend has overshot its target.…
Expect More Bearish News For Oil
Pop goes the weasel. How quickly things can change in the oil market. In less than two months, the oil outlook has swung from strongly bullish to decidedly bearish. Only…
Russia Calls The Shots In A Fractured OPEC
The fact that Russia and most OPEC members are happy at different oil price levels has never been a secret. Now, President Putin has said it as bluntly as possible:…
Cheap Gas To Fuel New Global Demand Boom
Last year was “another golden year for natural gas,” with demand surging by 4.6 percent, the fastest rate since 2010, according to a new report from the International Energy…
‘’Biofuels Haven’t Cut Gasoline Prices Or Emissions’’
Since its introduction more than a decade ago, the Renewable Fuel Standard (RFS) hasn’t cut gasoline prices outside the Midwest and has even led to a slight rise in pump…
An Opportunity In California’s Overlooked Oil Sector
Berry Petroleum, (NYSE:BRY) has just emerged from a period where they were acquired for $2.5 billion by a large independent, Linn Energy- which went bankrupt in 2016, thanks largely to…
Why Is China Pouring Money Into The Arctic?
Diplomats gathered in Rovaniemi to discuss the state of the North Pole were caught off-guard by the United States’ posturing. In a speech to the Arctic Council, U.S. Secretary of…
