 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 12 mins | 2.710 | -0.004 | -0.15% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
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Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 3 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 3 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 3 hours | 85.30 | -0.05 | -0.06% | ||
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Central Alberta • 3 hours | 75.70 | -0.05 | -0.07% |
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Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
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Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
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Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Breaking News:
Premium Article Archive | Page 2
Why Don’t We Fight Wars Over Carrots?
What are the geopolitics of carrots? It’s an odd question to ask, but one posed by veteran oil analyst Professor Paul Stevens at the LNGgc conference held October 9-10 in…
A Complete U.S. Foreign Policy Failure
Americans are retreating under fire from a NATO ally (with American nuclear bombs) and Washington’s latest Middle East policy is quite simply to ignore it and hope it all goes…
Don’t Believe The Oil Bulls
Oil prices were flat over the last week with Brent trading near $59 while WTI was near $53. On the bearish side traders continue to lament the lack of progress…
Syria Fears Send Oil Prices Higher
Turkey’s military invasion into northeastern Syria has moved crude prices higher after this week’s trading failed to move WTI below the $52 per barrel mark. With a further Middle Eastern…
Russia’s Oil Giants Are Addicted To Tax Breaks
For much of the 2010s, Rosneft was the leading force on the Russian domestic crude market. It is one thing to produce 42-43 percent of Russia’s crude production, indubitably noteworthy…
A Long-Term Crisis Looms For Oil
The US oil rig count continues to drop, falling by 3 to 710 for the week ending October 4, according to Baker Hughes data. It is now 18 percent down…
A Geopolitical Powder Keg In The Middle East
The US-Iran Conflict is Playing Out in Iraq As we noted at the beginning of the intensification of the US-Iran conflict, the Middle East will begin to disintegrate not in…
Forget The Middle East – This Is The Real Threat To Oil
Oil prices continued to fall this week as the US and China stoked concerns that the two sides will fail to cooperate on a trade deal anytime soon. On the…
Oil Bears Are Taking Over Control
Brent crude fell back below $59 this week as the world moved on from Saudi production outages and back into its increasingly familiar negative macro funk. Oil is now trading…
The War That Won’t Happen & The War That Already Is
Even with dissident Iranian sources providing a form of confirmation that the Iranian leadership ordered the September 14th attack on Saudi oil facilities, there will be no war. The Saudi…
A Crisis Looms Over U.S. LNG
Trade talks between the US and China are expected to resume in October, but US LNG producers can already count the cost of earlier failed negotiations, which resulted in the…
Canada’s Output Cuts Are A Positive Thing
First, they said the production curtailments will remain in place until some 35 million barrels of excessive inventories are cleared. Then they said producers only need to wait until Enbridge’s…
Oil Posts Its Worst Quarter Of The Year
It seems this was all there could be in a groundbreaking attack on the planet’s most crucial oil infrastructure – two weeks of turmoil and crude prices start decreasing again…
Oil Suffers From Bearish Backlash
This week’s biggest news – Saudi Aramco managed to restore most of its affected production faster than anticipated and by Wednesday (September 25) is only missing some 0.2-0.3mbpd of output…
Nigerian Oil: The Further From The Mainland, The Safer For The Investor
Ambivalence is one of the first words that comes to mind when thinking about the state of Nigeria’s oil sector. Endowed with a truly tremendous resource base, it seems that…
The Oil Market’s Achilles Heel
Oil prices have fallen back from their immediate highs following the attacks on Saudi Arabian oil processing and production facilities earlier in September. Nerves have been calmed by the promise…
A Geopolitical Earthquake In The Middle East
This is now the ultimate game of leverage between Iran and the United States, with Saudi Arabia’s oil infrastructure being used by Tehran to win concessions from Washington. There has…
Bearish Macro Backdrop Sends Oil Prices Lower
2018 was largely the year of the bull market that wasn’t. As the Trump administration planned sanctions on Iran’s oil prices rose from $70 in January to $86 in October.…
Which Countries Benefit The Most From The Saudi Supply Outage?
The drone strike on Saudi Arabia’s oil infrastructure marks one of the most serious incidents in the history of global energy. Albeit shorter than the 1979 Iranian Revolution or the…
All Eyes Are Off Venezuela
The drone attacks on Saudi Arabia’s Abqaiq processing plant and Khurais oil field have upended the lethargic stupor that held sway as we have been coming out of the summer…
