 |
Louisiana Light • 3 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 176 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 21 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 2 days | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 1 day | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 1 day | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 1 day | 86.77 | +0.76 | +0.88% | ||
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Central Alberta • 1 day | 77.17 | +0.76 | +0.99% |
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Eagle Ford • 3 days | 80.05 | +0.76 | +0.96% | ||
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Oklahoma Sweet • 3 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 3 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 4 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Premium Article Archive | Page 9
Uncertain Times For Dated Brent
The global crude oil benchmark Dated Brent is set to change once again this November as S&P Global Platts, the benchmark’s custodian, introduces trade in North Sea grades delivered on…
Oil Lifted By Additional Outages In Venezuela
Amid oil prices reaching some sort of temporary equilibrium and trading volatility being significantly lower than in the previous weeks, the oil market now expects new impulses that would indicate…
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…
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…
The Bearish Risk Of Bullish News
Oil market bulls have had an easy two and a half months to start the year as prices have trended steadily higher. Working in concert, OPEC+ production cuts, central bank…
Global Intelligence Report – 7th March 2019
Sources - Deputy aid to Turkish Foreign Ministry - High-level official in Turkish Energy Ministry - High-level diplomatic, intelligence and banking sector sources in UAE BREAKING: We are about to…
The Battle For The World’s Top Oil Benchmark
Many countries would like to have their own crude grades as international benchmarks that others would price their volumes against, however, only very few countries can boast of such a…
Oil For Power: Bucking A Long-Term Trend
Oil demand for power generation has been in long-term decline since 1990 as countries have gradually displaced oil with cheaper feedstocks, primarily coal and natural gas. Since 1990, this process…
U.S. Crude Inventories Rise Despite Strong Product Demand
The correlation between the OPEC/OPEC+ production cuts and rising US production has been the theme of the oil market for the past several months and most likely will be further…
A Worrying Trend For Oil Bulls
2019 has been lovely for crude oil bulls. Brent prices increased 54 cents on their first trading day of January beginning a move in which oil rose on 26 of…
Global Intelligence Report – February 27th, 2019
Sources• Nigerian investigative journalist with access to Niger Delta militants• Nigerian boots on the ground at election time• Financial journalists in the Gulf• Geneva-based investigator…
Qatar’s Brilliant Geopolitical Maneuver
Roughly a year and half ago, US President Donald Trump has called on Qatar to stop the funding of terrorism and the spread of its “extremist ideology”, claiming that the…
