 |
Louisiana Light • 3 days | 90.66 | -1.96 | -2.12% | ||
|
Bonny Light • 23 hours | 91.19 | -3.30 | -3.49% | ||
|
Opec Basket • 2 days | 93.56 | -1.43 | -1.51% | ||
|
Mars US • 6 hours | 82.37 | -5.01 | -5.73% | ||
|
Gasoline • 10 mins | 2.204 | +0.006 | +0.28% |
|
Bonny Light • 23 hours | 91.19 | -3.30 | -3.49% | ||
|
Girassol • 23 hours | 92.20 | -3.20 | -3.35% | ||
|
Opec Basket • 2 days | 93.56 | -1.43 | -1.51% |
|
Peace Sour • 15 hours | 82.98 | +0.41 | +0.50% | ||
|
Light Sour Blend • 15 hours | 85.13 | +0.41 | +0.48% | ||
|
Syncrude Sweet Premium • 15 hours | 92.23 | +0.41 | +0.45% | ||
|
Central Alberta • 15 hours | 83.38 | +0.41 | +0.49% |
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Eagle Ford • 2 days | 85.71 | +0.41 | +0.48% | ||
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Oklahoma Sweet • 2 days | 85.75 | +0.50 | +0.59% | ||
|
Kansas Common • 8 days | 84.00 | +3.25 | +4.02% | ||
|
Buena Vista • 8 days | 98.88 | +2.54 | +2.64% |
Simon Watkins
Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for Credit Lyonnais, and later Director of Forex at Bank of Montreal. He was then Head of Weekly Publications and Chief Writer for Business Monitor International, Head of Fuel Oil Products for Platts, and Global Managing Editor of Research for Renaissance Capital in Moscow. He has written extensively on oil and gas, Forex, equities, bonds, economics and geopolitics for many leading publications, and has worked as a geopolitical risk consultant for a number of major hedge funds in London, Moscow, and Dubai. In addition, he has authored five books on finance, oil, and financial markets trading published by ADVFN and available on Amazon, Apple, and Kobo.
Latest articles from Simon
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Will China’s Economic Stimulus Have Any Impact On Oil Prices?
Since the mid-1990s, China’s economic growth rate has been one of the most important determinants of the oil price (and of the gas price too…
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What To Expect From OPEC’s Upcoming Meeting
Following the series of crude oil production cuts by OPEC+ since last October, its Joint Ministerial Monitoring Committee (JMMC) is due to meet on 3…
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Why Egypt’s Oil And Gas Discoveries Are Crucial For The Region
Since Russia invaded Ukraine on 24 February 2022, the West has been scrambling to find reliable sources for consistent oil and gas supplies to compensate…
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Why TotalEnergies’ $27 Billion Deal With Iraq Is A Gamechanger
The long-delayed US$27 billion four-pronged megadeal between France’s TotalEnergies and the Federal Government of Iraq has received the final go-ahead from both sides and is…
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Iraq Takes First Step Towards Becoming The World’s Biggest Oil Producer
Iraq’s parliamentary oil and gas committee plans to increase the country’s oil production to more than five million barrels per day, according to the release…
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Is Libya The Next Wildcard For Oil Markets?
Given the economic mayhem that energy price-fuelled inflation has caused for Western governments since Russia’s invasion of Crimea, the last thing they want is another…
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New Iran Nuclear Deal May Lead To Quick Increase In Oil Production
Of all the geopolitical scenarios perennially judged most likely by the world’s governments to escalate into global nuclear war between the superpowers, a military conflict…
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Saudi Arabia Sets The Stage For Big OPEC Production Cuts
OPEC last week underlined that Asia’s continued strong economic growth would account for virtually all the growth in demand for oil this year. Saudi Aramco…
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What Qatar’s Latest Megadeal With China Means For Global LNG Markets
With Saudi Arabia on one side of it and Iran on the other, Qatar had for a long time to play a delicate diplomatic balancing…
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Iraq Massive News Fields Are Up For Grabs In New Licensing Round
The still largely untapped gas resources of Iraq will be the key focus of a sixth round of exploration and development, with the announcement last…
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New Oil & Gas Agreements Expand China’s Influence In Saudi Arabia
From the moment that China offered Saudi Crown Prince Mohammed bin Salman (MbS) a face-saving way out of the Saudi Aramco initial public offering disaster…
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Will China’s Rumored Economic Stimulus Boost Oil Prices?
The vast disparity between China’s oil needs to power its economy and its lack of oil reserves has meant that its economy has been a…
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China Deepens Influence In Iraq With Oil-For-Infrastructure Deals
A series of meetings occurred last week between senior members of the Iraqi and Chinese governments aimed at broadening and deepening the already extensive ‘oil-for-projects’…
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Saudi Arabia Suckered Again By Russia In OPEC+’ s Output Cut
As predicted in my article at the end of May - partly because Russian Deputy Prime Minister and key OPEC+ negotiator Alexander Novak clearly indicated…
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China Consolidates Grip On Key Oil Transit Routes
Following the recent slew of major cooperation agreements (including in energy, security, and logistics) between various permutations of Iran, Iraq, Russia, and China, another set of…
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Aramco Eyes Major Opportunity In Iraq
Following the recent China-brokered resumption of relationship deal between historical enemies Saudi Arabia and Iran, a deal for the Kingdom to develop two key projects…
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Three New China-Russia-Iran and Iraq Agreements Confirm The New Oil Market Order
The last week or so has seen a flurry of major cooperation agreements - including in energy, security, and logistics – between various permutations of…
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The June OPEC Meeting May Spring A Nasty Surprise For The Oil Markets
The recent assurance from Russian Deputy Prime Minister and key OPEC+ negotiator Alexander Novak - that he does not expect the group to take any…
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China Drives Rebound In Global Oil Demand, But There’s A Catch
For many years now, the state of China’s economy has been one of the most important determinants of the oil price. The vast disparity between…
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This New Middle East Pipeline Could Be A Gamechanger
A huge new Middle East to Asia pipeline that could provide the East with high volumes of reliable gas supplies for decades is being planned.…
