 |
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 • 21 hours | 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 859
U.S. And China Hold Key To Higher Oil Prices
Oil prices have broken new multi-month highs, but the next level up may largely depend on what happens between the U.S. and Chinese trade negotiations. There have been conflicting reports…
U.S. ‘’Oil Weapon’’ Could Change Geopolitics Forever
In a dynamic that shows just how far U.S. oil production has come in recent years, the U.S. Energy Information Administration (EIA) said on Monday that in the last…
OPEC Sets Oil Market Up For A Bullish Spring
Russia and Saudi Arabia made waves in the oil market this week and not for the reasons we expected. The two parties- who were scheduled to meet in April to…
Global Intelligence Report – 20th March 2019
Sources - Senior Eni executive in Libya- High-ranking European diplomat in Libya- Libyan energy consultant to supermajors- High-level energy industry source in Kazakhstan- Member of the…
Trump Will Eventually Overpower Maduro
There has been a remarkable lull over Venezuela – the country as a whole is still unsure what step to take next, the international community has tired a bit of…
How China’s Oil And EV Policies Combine
China’s continued expansion of its oil refining sector and its environmental policies often appear contradictory. On the one hand, it is the world’s leader in electric vehicle (EV) manufacturing and…
Capping The Oil Price Rally
This week’s OPEC joint ministerial monitoring committee (JMMC) meeting in Baku sent a powerful signal to the oil markets – OPEC does not see any fundamental changes taking place in…
U.S. On The Hunt For Iranian “Ghost Tankers”
When Washington announced the return of economic sanctions against Iran, the main idea was pretty clear: cut exports of vital oil to zero to paralyze the economy and prompt…
Israel And Egypt Compete To Become New Energy Hub
The discovery of the giant gas field Tamar of the coast of Israel in 2009 was the beginning of a new period for the Eastern Mediterranean as an energy hot…
Is Beijing Losing Its Footing In South China Sea?
The United States military launched nuclear-capable B-52H Stratofortress bombers over the heavily disputed South China Sea last week, where they “conducted routine training”. In these contested waters, the Chinese government…
Morgan Stanley: Oil To Rise To $75 This Summer
Brent Crude prices could reach $75 a barrel in the third quarter this year as the oil market will likely swing into a deficit, due to OPEC’s production cuts…
Asian LNG Prices Hit Three-Year Lows
Just a few years ago, instead of watching just how far spot LNG prices in Asia could tumble, the opposite was true. In the aftermath of the Fukushima nuclear disaster…
Oil Prices Shoot Up On Large Inventory Draw
A day after API’s estimate of another weekly crude oil inventory draw in a row sent WTI higher, the Energy Information Administration confirmed a large draw, at 9.6…
Trump’s Last Chance To Subdue Gasoline Prices
The oil industry has done its best to play down the oil market effect of the impending IMO 2020 rule. Executive after executive has tried to reassure politicians and policy…
Why OPEC’s Decision To Delay Makes Sense
OPEC decided to maintain deeper cuts for the next few months, but it also decided to delay until June a decision on whether or not to extend the supply curbs.…
Refiners Prepare To Profit From Dramatic Oil Product Switch
“The 2020 IMO marine regulation change is one of the most dramatic ever seen to product specifications, although the shipping and refining industries have had several years notice,” the International…
After Libya And Venezuela, Is This The Next OPEC Wildcard?
Anti-government protests in Algeria were probably supposed to end after long-term president Abdelaziz Bouteflika dropped his plan to run for a fifth term in office this year. They didn’t. In…
Cloud Peak On Brink Of Collapse After Bad Coal Bet
Cloud Peak Energy made a bet a little more than a decade ago that the U.S. power sector was still going to see coal as indispensable. That failed bet has now…
Oil Price Rally Hits Resistance
Oil prices have traded relatively flat on Tuesday morning, despite bullish news continuing to mount. (Click…
Oilfield Services Might Not Fully Recover Till 2025
The global oilfield service sector’s recovery from the deepest trough it has ever encountered is not going to happen overnight. Not until 2025, 11 years after the last peak, are…
