 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 22 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 6 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 22 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 22 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 13 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 13 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 13 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 13 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Nick Cunningham
Nick Cunningham is an independent journalist, covering oil and gas, energy and environmental policy, and international politics. He is based in Portland, Oregon.
Latest articles from Nick
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Is An Oil Supply Shortage Inevitable?
Oil prices are rising as supply shut ins mount and oil demand seems to be turning a corner. Some oil market analysts even warn that…
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Oil Majors Take On More Debt To Fund Dividends
Exxon posted its first quarterly loss in more than 30 years. But even as debt mounts and questions arise about peak oil demand, the oil…
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Oil Price Crash Hits Latin American Drillers Hard
Rigs are vanishing at a rapid clip in the United States, but oil and gas drilling activity is also falling worldwide. The international rig count…
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Why Shell Slashed Its Dividends
Royal Dutch Shell cut its dividend for the first time since 1945, cutting its payout by two-thirds. While U.S. shale drillers face the prospect of…
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Oil Rallies On Signs Of A Global Reopening
Oil prices rose early on Wednesday on a spate of relatively positive news. The most obvious for the oil market was the smaller-than-expected build in…
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How Bad Are Big Oil’s Earnings?
BP’s first quarter earnings plunged by two-thirds, and its debt levels rose to a record high. The global pandemic and the collapse of oil prices…
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The LNG Market Is “Imploding”
While everyone is understandably watching the meltdown in the crude oil market, the global market for natural gas is also cratering. At least 20 cargoes…
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Big Oil’s Dilemma: Cut Dividends Or Cut Operations
The oil majors are facing a financial vice like they never have before. With oil prices hovering around $20 per barrel and no end in…
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The Oil Market Crash Is Far From Over
WTI prices may have steadied somewhat after a wild couple of days, but the physical market for crude is still collapsing. Energy stocks posted sharp…
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Venezuela’s Oil Output Could Fall Again Soon
On Tuesday, the Trump administration told the last remaining American oil companies in Venezuela that they had until December to wind down operations in the…
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The Worst Is Yet To Come For Oil Prices
Dashing hopes for some oil producers who may have thought negative prices were a weird quirk, the June WTI contract fell sharply on Tuesday. During…
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What’s Next For Oil As Prices Go Negative?
Oil prices crashed through zero, closing out the day at -$37 per barrel, an unprecedented meltdown. There are mitigating circumstances to these insane numbers. The…
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Oil Demand Won’t Bounce Back Anytime Soon
Oil demand is expected to be down by nearly 30 million barrels per day (mb/d) in April and down by almost 10 mb/d for the…
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Coronavirus Has Wiped Out A Decade Of Oil Demand Growth
Just days after the largest production cut in history, WTI fell below $20 per barrel. The oil world was hyper-focused on what OPEC+ might do…
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U.S. Oil Drilling Grinds To A Halt At Key Shale Hotspots
Oil and gas production in the United States has peaked and is already in decline. The latest data from the EIA’s Drilling Productivity Report sees…
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OPEC+ Deal Is “Too Little And Too Late”
“The historic agreement that we saw…is only 10 mb/d. But that is only half of the story,” U.S. Secretary of Energy Dan Brouillette said on…
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Coronacrisis Is Killing Argentina’s Shale Oil Boom
Argentina’s Vaca Muerta shale is on life support just weeks after the meltdown in global crude oil prices. On Thursday, the regional news outlet in…
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Oil Could Fall Back To $20
Oil demand is set to plunge by as much as 27 million barrels per day (mb/d) in April, a decline larger than anything that has…
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Is U.S. Energy Dominance Coming To An End?
America’s era of “energy dominance” was brief. The slogan was always silly. Leaving aside the extensive environmental fallout, the notion that a debt-fueled drilling boom…
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Supermajor Slashes Spending As Oil Prices Collapse
“We haven't seen anything like what we're experiencing today.” ExxonMobil’s CEO Darren Woods said his company is expecting oil demand to decline by 20 to…
