 |
Louisiana Light • 1 day | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 81.76 | +2.02 | +2.53% | ||
|
Gasoline • 10 mins | 2.694 | -0.019 | -0.71% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 20 mins | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 20 mins | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 20 mins | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 20 mins | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 1 day | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Oil Traders Hedge Geopolitical Risk With Record Options
Call options are currently trading…
The EU Allows Members to Ban Russian LNG as Imports Climb
The European Parliament approved rules…
Geopolitical Tensions Keep Oil Prices Elevated
In the short term, oil…
Global Energy Alert
Exxon Carries on Drilling Off Essequibo Despite Venezuela's Objections
Politics, Geopolitics & Conflict -Ukraine said this week that it had destroyed a Russian warship off the coast of occupied Crimea, sinking the vessel with navy drones. This comes amid…
Why APA is Underperforming the Sector and Why That May Change
There are times when I look at the price and performance of a stock as compared to the performance of the underlying company and just scratch my head. That could…
Israel-Hezbollah Tensions Flare Up
Cross-border missile exchanges between Israel and Lebanon intensified this week, with Hezbollah launching missiles at northern Israel and Israel responding with its own missile barrage on southern Lebanon, both resulting…
After Being Neutral for A While, I Now Have A View On Crude
As most of you know, while I do invest in stocks in the energy space, and occasionally give you my opinion of individual security based on the research I do…
Is There a Future for California's Oil Industry?
1. Exxon Retains Its Pole Position as Most Profitable Exchange-Traded Major- US major ExxonMobil remains…
Why Oil Prices Rallied This Week
Crude oil is in a position to close higher for the week after posting a dramatic turnaround following last week’s sell-off, with prices surging by approximately 4%. The market was…
Geopolitical Risk Rebounds
Politics, Geopolitics & Conflict The U.S. launched a drone strike in the Iraqi capital this week, killing a commander of Iran-backed Kai’tab Hezbollah, just days after the group had announced…
How Long Can the Houthis Hold Out?
There is no indication that the Houthis are preparing to halt their attacks on vessels traversing the Red Sea by the Bab el-Mandeb Strait, and retaliatory attacks by…
What to Watch in Oil Markets Next Week
The global oil market is currently facing a unique set of challenges and opportunities, influenced by various factors including China's economic slowdown, fluctuations in US crude inventories, OPEC's strategic moves,…
A Drilling Boom in Africa
1. Shell Kicks Off Q4 Results With a Bang- The second largest investor-owned oil and…
Uncertainty in Oil Markets Amid Rumors of a Ceasefire in Gaza
Politics, Geopolitics, and Conflict Oil prices had a particularly volatile Thursday, tanking on Qatari rumors that Israel and Hamas had agreed to a ceasefire deal, and then recovering shortly afterward…
This Boring Stock Still Makes Sense in 2024
An old friend is back in the news at the moment, and it has prompted me to look again at a stock that I recommended a while ago. What I…
Can OPEC Win Back Its Lost Market Share?
While the unrest in the Middle East lends an element of risk to the oil markets, helping to put a floor under prices, OPEC is maneuvering to keep…
Rising Electricity Demand Will Keep Fossil Fuels Around
1. Oilfield Services Majors Enjoy International Boom- The world’s largest oil services majors, SLB and…
Geopolitical Risk and Economic Optimism Push Oil Prices Higher
Middle East Tensions Escalate Oil markets witnessed a significant surge this week, with WTI crude oil climbing 5.26%, its highest level since December. This rally is attributed to a…
Houthi Attacks in the Red Sea Force More Vessels to Reroute
Politics, Geopolitics & Conflict The conflict in the Red Sea continued unabated this week, with the Houthis targeting Maersk vessels and their U.S. Navy warship escorts through the Bab el-Mandeb…
What to Expect From Big Oil This Earnings Season
Next week, most individual investors will be focused on tech earnings. Microsoft (MSFT) and Alphabet (GOOG: GOOGL) will report on Tuesday, followed by Apple (AAPL), Amazon (AMZN) and Meta (META)…
Why Iran Wants Chaos, Not War
Oil markets are holding their breath over Middle East tensions, unsure of whether to push prices up and ignore supply and demand fundamentals as tensions seem to escalate…
Geopolitical Risk Keeps Oil Markets on Edge
March West Texas Intermediate (WTI) crude oil futures have been oscillating within a narrow $8.00 range, displaying resilience in the face of various market forces. Despite this confinement, the market…
U.S. Oil Production Flatlines
1. US Oil Production Flatlines as Shale Drilling Falters- US unconventional crude supply is
