 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 14 mins | 2.780 | +0.022 | +0.79% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 24 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 24 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 24 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 24 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Premium Article Archive | Page 3
Provocation And Response: A Gulf War In The Making?
Drone strikes September 14 on Saudi Arabian oil facilities have disrupted 5.7 million b/d of the country’s crude oil and gas production, representing more than 5% of global oil supplies,…
The Truth And Repercussions Of The Saudi Drone Attack
48 hours ago, the million-dollar question for hedge funds was when the Saudis would be able to bring production back up to full capacity after the multiple, surgical strikes on…
Brent Spreads Tell The Truth About Saudi Oil Disruption
Trump/China relations finally took a back seat in oil market headlines this week. All it took was a massive drone strike knocking out about half of Saudi Arabia’s oil production…
Saudis Raise Crude Prices To Asia In Jittery Oil Markets
Leading crude producers finally decided to reassure the markets, availing themselves of the platform of the World Energy Congress in Abu Dhabi. The new Saudi Energy Minister Abdulaziz bin Salman…
US Oil Export Boom Hasn’t Hurt Middle East Producers
In the fourth (and last) episode of our overview of the US crude export boom, we will now look at the United States’ waning energy relationship with the Middle East.…
Oil Demand Destruction: A Trade War Reality
Chinese-US trade figures in August came in well below expectations illustrating the negative impact of the ongoing trade war. Chinese exports to the US in August were down 16%, while…
Has Bolton’s Firing Burst The Oil Price Bubble?
Bolton Out, Iran In? Oil Prices Think So There’s a good reason oil prices tanked on Tuesday (temporarily) and then continued to do so on Wednesday. Bolton has always been…
Oil Moves Higher, But Traders Remain Cautious
Oil prices legged higher to begin the week after the new Saudi Energy Minister confirmed his arrival would not bring a shift in OPEC policy. To quote, Prince Abdulaziz told…
Trade War Impasse Keeps Oil Prices From Rising
The first week of September continued on the course set by August, most of the market motion can be boiled down to the US-China trade conflict jeopardizing growth prospects across…
Revolutionizing Latin American Oil Flows
In the past two weeks, we have analyzed the prospects of US crude exports to Europe and Asia, both with its region-specific challenges yet both holding distinct promise for American…
What Is Saudi Arabia’s Best Oil Strategy?
There appears to be little appetite amongst OPEC members and Russia for further production cuts, despite the gradual slide in oil prices. Russia is reported to have reduced output by…
Does It Matter Who Heads Saudi Aramco?
In just a few short days, Saudi Energy Minister Khalid Al Falih had two major powers stripped away. Saudi Arabia split off the Ministry of Industry and Minerals from the…
What A Trade Deal Would Mean For Oil
Oil prices shifted lower to start the week on the back of a fresh round of tariffs placed by Trump on Chinese goods, another contraction-territory print in China’s manufacturing PMI…
Strong Downstream Demand Supports Oil Markets
The spiraling tensions between the United States and China have rocked the crude market, reinforcing concerns that global demand growth might turn even weaker than feared. Market analysts have been…
The Fight For The World’s Hottest Crude Market
Last week we have looked into the rise of US crude exports to Europe, an upsurge characterized by seasonal upswings, a rather non-uniform spread of demand on the back of…
Why Shell’s Natural Gas Bet Will Pay Off
Anglo-Dutch Shell announced an A$617 million ($418 million) offer for Australia’s ERM Power in August marking another move by the oil and gas major into the power sector. In March…
The Battle For Libya’s Oil Bounty
The Powerful Vultures Circling Libya General Khalifa Haftar grossly underestimated the extent that external forces would clamor for Libya’s natural resource bounty once he unleashed his offensive on Tripoli. The…
Trade Wars: It’s Time To Dial It Down A Bit
Remember when oil markets used to be driven by oil headlines? What quaint times. We used to write about things like Middle East supply outages, OPEC deals and crude backlogs…
Oil Bears Shouldn’t Bet On A Global Economic Meltdown
Markets convulsed at the end of last week after a weak GDP print in Germany and slowing industrial production data from China caused a flight to safety and an inversion…
A Very Fragile Balance In Oil Markets
Against the background of the United States softening its rhetoric vis-à-vis Huawei and Saudi Arabia taking matters into its own hands in cutting export rates significantly below the 7mbpd export…
