WTI Crude •1 day	21.51	-1.09	-4.82%
Brent Crude •1 day	27.95	-0.70	-2.44%
Natural Gas •1 day	1.671	-0.018	-1.07%
Mars US •1 day	15.36	-3.59	-18.94%
Opec Basket •3 days	26.04	-0.90	-3.34%
Urals •2 days	21.75	-0.30	-1.36%
Louisiana Light •3 days	15.78	-3.97	-20.10%

	Louisiana Light • 3 days	15.78	-3.97	-20.10%
	Bonny Light • 2 days	22.48	-2.35	-9.46%
	Mexican Basket • 3 days	14.67	-2.17	-12.89%
	Natural Gas • 1 day	1.671	-0.018	-1.07%
Click Here for 150+ Global Oil Prices

Click Here for 150+ Global Oil Prices Link

Marine •2 days	25.08	-0.64	-2.49%
Murban •2 days	26.33	-0.50	-1.86%
Iran Heavy •2 days	14.93	-2.04	-12.02%
Basra Light •2 days	31.88	-0.45	-1.39%
Saharan Blend •2 days	20.92	-2.93	-12.29%
Bonny Light •2 days	22.48	-2.35	-9.46%

	Bonny Light • 2 days	22.48	-2.35	-9.46%
	Girassol • 2 days	23.03	-2.52	-9.86%
	Opec Basket • 3 days	26.04	-0.90	-3.34%
OPEC Members Monthly
Click Here for 150+ Global Oil Prices

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Canadian Crude Index •1 day	8.510	+0.000	+0.00%
Western Canadian Select •2 days	7.200	-1.890	-20.79%
Canadian Condensate •2 days	23.45	-1.89	-7.46%
Premium Synthetic •2 days	23.00	-1.89	-7.59%
Sweet Crude •2 days	18.35	-1.89	-9.34%
Peace Sour •2 days	12.60	-1.89	-13.04%

	Peace Sour • 2 days	12.60	-1.89	-13.04%
	Light Sour Blend • 2 days	16.85	-1.89	-10.09%
	Syncrude Sweet Premium • 2 days	21.60	-1.89	-8.05%
	Central Alberta • 2 days	13.10	-1.89	-12.61%
Click Here for 150+ Global Oil Prices

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Louisiana Light •3 days	15.78	-3.97	-20.10%
Domestic Swt. @ Cushing •2 days	18.00	-1.00	-5.26%
Giddings •2 days	11.75	-1.00	-7.84%
ANS West Coast •4 days	26.73	+0.03	+0.11%
West Texas Sour •2 days	15.46	-1.09	-6.59%
Eagle Ford •2 days	19.41	-1.09	-5.32%

	Eagle Ford • 2 days	19.41	-1.09	-5.32%
	Oklahoma Sweet • 2 days	18.00	-1.00	-5.26%
	Kansas Common • 3 days	12.75	-2.00	-13.56%
	Buena Vista • 3 days	28.08	-1.89	-6.31%
Click Here for 150+ Global Oil Prices

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Here’s What Oil Traders Are Doing To Profit From Ultra-Low Oil Prices

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Julianne Geiger

Julianne Geiger

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group.

Latest articles from Julianne

Here’s What Oil Traders Are Doing To Profit From Ultra-Low Oil Prices

Published 27 March 2020 | viewed 90,710 times

Some of the world’s major oil traders are looking to take advantage of the abnormally low oil prices, Reuters reported on Friday, citing shipping sources, as WTI…
Rig Count Crashes Most In 4 Years As Oil Shock Rocks U.S. Shale

Published 27 March 2020 | viewed 71,152 times

Baker Hughes reported that the number of oil and gas rigs in the US fell again this week by 44, falling to 728, with the…
IEA Boss Warns Demand Will Plunge By 20 Million Barrels Per Day

Published 26 March 2020 | viewed 30,009 times

Global oil demand could fall by about 20 million barrels per day, EIA’s Executive Director, Fatih Birol said in a Thursday press briefing, according to Bloomberg.…
Green Initiatives Almost Derailed The $2 Trillion Stimulus Bill

Published 26 March 2020 | viewed 8,357 times

Oil prices crashed on Monday when the US Senate failed to reach a deal on the Stimulus Bill over the weekend. The idea was to…
Can The U.S. Convince Saudi Arabia To End The Oil War?

Published 25 March 2020 | viewed 55,083 times

US Secretary of State Michael Pompeo is applying verbal pressure to Saudi Arabia, encouraging the Middle Eastern country who started the oil price war to…
How Far Will Trump Go To Save U.S. Shale?

Published 24 March 2020 | viewed 61,689 times

The U.S. is today showing signs of increased desperation as oil prices sink to levels that may pose a threat to the energy independence of…
Oil Prices Jump On Surprise Crude Draw

Published 24 March 2020 | viewed 150,497 times

The American Petroleum Institute (API) estimated on Tuesday a crude oil inventory draw of 1.247 million barrels for the week ending March 21, capturing the…
Oil Jumps As Markets Panic

Published 23 March 2020 | viewed 53,373 times

Oil prices rose slightly on Monday, but the oil markets are still in full-blown panic mode as the number of American states in complete lockdown…
U.S. In Lockdown: The Biggest Threat To The Oil Industry Ever?

Published 22 March 2020 | viewed 80,007 times

The SARS CoV2 virus that is behind the COVID-19 pandemic has finally ravaged the United States, and cities and states are reacting to its brutality…
Rig Count Plummets As Oil Price War Rages On

Published 20 March 2020 | viewed 73,954 times

Baker Hughes reported that the number of oil and gas rigs in the US plummeted this week by 20, falling to 772, with the total…
WTI Rallies 24% In Panic Stricken Markets

Published 19 March 2020 | viewed 57,280 times

Oil prices may still be trading down by double digits from the start of the year, but WTI rallied on Thursday for what is probably…
Senator Calls On Trump To Embargo Russia, OPEC Crude

Published 18 March 2020 | viewed 38,605 times

“We will not be bullied” is the message Senator Kevin Cramer would like President Donald Trump to send to Saudi Arabia and Russia about the…
Will The U.S. Ban Short Sellers To Protect Markets?

Published 18 March 2020 | viewed 12,160 times

As markets plummet around the globe, Malaysia, Belgium, France, Italy, and Spain have all banned the short-selling of some stocks to stanch the market bleeding.…
Surprise Inventory Draw Fails To Move Oil Markets

Published 17 March 2020 | viewed 49,550 times

The American Petroleum Institute (API) estimated on Tuesday a surprise crude oil inventory draw of 421,000barrels for the week ending March 13, as the hustle…
$30 Oil Won’t Keep U.S. Shale From Setting Production Record

Published 16 March 2020 | viewed 41,909 times

Despite the low oil prices that brought on by the combination of the coronavirus pandemic’s migration to the United States and the oil price war…
Saudi Aramco Is ‘’Very Comfortable’’ With $30 Oil

Published 16 March 2020 | viewed 51,416 times

Saudi Arabia will continue to pump oil at increased levels through May, Saudi Aramco Chief Executive Amin Nasser said on Monday during an earnings call,…
Four Commodities Crushed By Coronavirus

Published 15 March 2020 | viewed 36,559 times

It’s not just oil getting crushed right now--commodities across the board are nose-diving, including precious metals. Not even gold can maintain its safe-haven status. The…
Rig Count Inches Lower In Dramatic Week For Oil

Published 13 March 2020 | viewed 25,339 times

Baker Hughes reported that the number of oil and gas rigs in the US fell this week by 1 to 792, with the total oil…
Venezuela Looks To Play Mediator Between OPEC And Russia

Published 12 March 2020 | viewed 29,977 times

Venezuela is in discussions with OPEC and Russia about the current oil price collapse, Nicolas Maduro said on Thursday at a press conference shown on…
The Real Oil Demand Shock Is Yet To Come

Published 12 March 2020 | viewed 142,860 times

Oil demand has been revised downward several times since the start of the year by nearly every analyst or banking institution thanks to the devastating…

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