 |
Louisiana Light • 2 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 1 day | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 182 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 9 hours | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 1 day | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 1 day | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 24 hours | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 24 hours | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 24 hours | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 24 hours | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 2 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 4 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 5 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 861
Oil Prices Shrug As Rig Count Continues To Fall
The the number of active oil and gas rigs in the U.S. fell once again this week according to Baker Hughes, as oil production fell for the first week this…
IEA Warns Of Looming Oil Market Deficit
Production outages and Iran and Venezuela will tip the global oil market into a shortage during the second quarter, the International Energy Agency said in the new edition of its…
OPEC Threatens To Kill U.S. Shale
The Organization of Petroleum Exporting Countries will once again become a nemesis for U.S. shale if the U.S. Congress passes a bill dubbed NOPEC, or No Oil Producing and Exporting…
Are Oil Markets Too Tight For Trump?
Oil prices jumped to their highest level since November this week, and the Trump administration deserves a lot of the credit. Sanctions on Iran and Venezuela together have combined to…
U.S.-China Trade Deal Driven By Energy Exports
Amid signals that the U.S. and China have made some progress in trade negotiations in recent weeks, China has tentatively resumed buying U.S. commodities – something it had stopped doing…
Big Oil Is Backing Methane Regulation
The oil industry has suddenly grown concerned about its methane emissions. In Houston, Shell executives urged the EPA to stick with federal regulations on methane. EOG Resources has agreed…
How The Californian Oil Boom Died
This week I am creating slides for a presentation I am giving in California later this month. While researching the material, I took a closer look at the history of California’s oil…
Was 2018 The Peak For Crude Oil Production?
The following OPEC charts were created with data from the OPEC Monthly Oil Market Report. All OPEC charts are through February 2019 and is in thousand barrels per day.
The Khashoggi Killing Is Driving Saudi Oil Diversification
A Saudi human rights commission said on Thursday that it was bringing those accused over the murder of Saudi dissident journalist Jamal Khashoggi to justice. However, the commission also…
China’s Crude Oil Throughput Hits Record High
Chinese refineries processed 102.49 million tons of crude oil during the first two months of the year, up 6.1 percent on the year, according to customs data. This translated into…
U.S. Aims To Bring Iran Oil Exports Below 1 Million Bpd
The United States will likely extend the Iran sanction waivers that it granted eight countries importing crude from Iran, but will demand that they reduce their intake of the commodity,…
Oil Prices To Skyrocket If U.S. Shale Stalls
A collapse of production in Venezuela, aggressive production curtailments from OPEC+, relatively strong demand and an economy humming along – and oil prices are still sharply below the highs seen…
Venezuela’s Latest Nightmare: Crude Oil In The Tap Water
Ordinary people in Venezuela are bearing the brunt of the ongoing power struggle in the country and last week’s blackout. While the power outage in the country which holds the…
The Oil Industry Faces A ‘Crisis Of Confidence’
The oil industry is starting to feel the pressure of climate change. Oil executives, by and large, have not been swayed to change their business practices despite years of warnings…
Saudi Power Over Oil Prices Is Limited
Are you getting bored of the oil market yet? Traders are. Brent crude achieved just a $3.12 range in the ten trading days ended March 12th, representing its most narrow…
Global Intelligence Report – 13th March 2019
Sources - High-level US official- Former Aramco executive- American businessman in Saudi Arabia- 3 prominent Indian businessmen in UAE NOPEC Isn’t Going to Happen A bipartisan measure…
Can The Caspian Still Become A Hydrocarbon Hub?
The contract of the century will most likely last just about a quarter of a century as Russia’s appetite for Caspian crude and gas has been put on the backburner…
The IEA’s Search For A New Narrative Of Doom
The International Energy Agency (IEA) released its Oil 2019 report March 11, providing forecasts to 2024. The IEA paints an extraordinary picture of transition for the oil industry, but it…
Unpacking A Wild Week In Oil Markets
A plethora of factors contributed to crude moving up this week, with the EIA scaling back its US output estimate (cooling the bullish sentiment a bit), Saudi Aramco restating its…
Pakistan Aims To Become A Natural Gas Hotspot
Pakistan is eager to open up its gas deposits to foreign energy companies in a bid to boost domestic production amid soaring demand, two government officials told media this week.…
