WTI Crude •10 mins | 52.62 | -0.23 | -0.44% | |
Brent Crude •11 mins | 55.54 | -0.27 | -0.48% | |
Natural Gas •3 hours | 2.760 | +0.104 | +3.92% | |
Mars US •2 hours | 53.55 | +0.14 | +0.26% | |
Opec Basket •2 days | 54.87 | +0.02 | +0.04% | |
Urals •36 days | 42.22 | +0.00 | +0.00% | |
Louisiana Light •2 days | 54.71 | -0.07 | -0.13% |
Marine •21 hours | 55.61 | +0.31 | +0.56% | |
Murban •21 hours | 56.01 | +0.46 | +0.83% | |
Iran Heavy •21 hours | 52.15 | +0.47 | +0.91% | |
Basra Light •21 hours | 57.07 | -0.12 | -0.21% | |
Saharan Blend •21 hours | 55.49 | +0.25 | +0.45% | |
Bonny Light •21 hours | 55.38 | +0.32 | +0.58% |
Canadian Crude Index •21 hours | 40.45 | +0.34 | +0.85% | |
Western Canadian Select •4 hours | 39.06 | -0.16 | -0.41% | |
Canadian Condensate •20 hours | 51.61 | -0.16 | -0.31% | |
Premium Synthetic •20 hours | 53.01 | -0.16 | -0.30% | |
Sweet Crude •4 hours | 47.61 | -0.16 | -0.33% | |
Peace Sour •4 hours | 46.36 | -0.16 | -0.34% |
Louisiana Light •2 days | 54.71 | -0.07 | -0.13% | |
Domestic Swt. @ Cushing •21 hours | 49.25 | +0.25 | +0.51% | |
Giddings •21 hours | 43.00 | +0.25 | +0.58% | |
ANS West Coast •3 days | 55.81 | +0.49 | +0.89% | |
West Texas Sour •21 hours | 46.80 | +0.24 | +0.52% | |
Eagle Ford •21 hours | 50.75 | +0.24 | +0.48% |
Russia appears to have finally…
In another show of the…
The OPEC+ deal that surprised…
1. Shell reports small profit - Royal Dutch Shell (NYSE: RDS.A) reported a small $177…
COVID Market Update • The Texas Oil and Gas Association said this week that the state had managed to add 700 oil and gas exploration jobs in September. This would…
As Phase 3 of COVID rages globally, the UAE, Kuwait, and Iraq are uncertain about extending OPEC oil production cuts into 2021, which means that come November, the OPEC deal…
U.S. West Texas Intermediate crude oil futures are trading nearly flat on Friday while heading for their first weekly losses in three. The market is feeling pressure from both the…
1. Demand stalls on COVID resurgence - “We think that the oil market would mount…
I have said and written many times, in many different contexts, that one of my core investing beliefs is that politicians have a lot less effect on the market than…
Peace in the Middle East may be fostered by natural gas, beginning with Israel's new-found energy leverage, but that peace will simply be shifted to a war of different alliances…
WTI prices are drifting lower on Friday after posting a volatile trade all week. Reports from the IMF, IEA and OPEC all centered on the same theme. The proper steps…
1. Upside potential for beaten-down energy stocks- Oil and gas markets are far from healthy,…
Politics, Geopolitics & Conflict - Natural gas continues to be a major diplomatic tool in the Middle East region, as new gas giant Israel prepares to sit down with Lebanon…
Normally I go out of my way to avoid the subject of politics when I write about markets because no matter what I say it will be interpreted as personal…
Libya has now opened the floodgates of its oil - tentatively - by lifting force majeure (as of Sunday) on its largest oilfield, al-Sharara. It’s a fragile start, at best,…
U.S. West Texas Intermediate is trading lower on Friday after giving back earlier gains. Some traders are saying the markets are taking a breather from the nearly 10% run-up this…
1. DVN and EOG exposed to federal lands drilling ban- With Joe Biden leading in…
COVID Market Update For oil suffering under a pandemic, it’s been another week of layoffs and bankruptcies … - Sable Permian Resources LLC was the first shale patch bankruptcy of…
A few weeks ago, when it was announced that Exxon Mobil (XOM) was being unceremoniously dumped from the Dow Jones Industrial Average, that news was bound to usher in another…
The Other National Emergency The U.S. has another national emergency, and this time it’s in the mining sector, where presidential action is better late than never. China controls the bulk…
U.S. West Texas Intermediate crude oil futures fell nearly 5% early on Friday after President Donald Trump tested positive for COVID-19 and negotiators failed to agree on a U.S. fiscal…
1. Spending on electricity surpassed fuels- For the first time since 1960, U.S. consumers
Politics, Geopolitics & Conflict - Now, Turkey is sending its Syrian mercenaries to another reigniting conflict zone: The battle over Nagorno Karabakh between Azerbaijan and Armenia. Renewed fighting erupted on…