 |
Louisiana Light • 4 days | 78.61 | -1.95 | -2.42% | ||
|
Bonny Light • 3 days | 81.28 | +1.10 | +1.37% | ||
|
Opec Basket • 4 days | 85.00 | +1.11 | +1.32% | ||
|
Mars US • 30 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 16 mins | 2.107 | -0.014 | -0.66% |
|
Bonny Light • 3 days | 81.28 | +1.10 | +1.37% | ||
|
Girassol • 3 days | 81.92 | +1.12 | +1.39% | ||
|
Opec Basket • 4 days | 85.00 | +1.11 | +1.32% |
|
Peace Sour • 3 days | 59.71 | -1.90 | -3.08% | ||
|
Light Sour Blend • 3 days | 63.56 | -1.90 | -2.90% | ||
|
Syncrude Sweet Premium • 3 days | 68.16 | -1.90 | -2.71% | ||
|
Central Alberta • 3 days | 61.71 | -1.90 | -2.99% |
|
Eagle Ford • 4 days | 72.44 | -1.90 | -2.56% | ||
|
Oklahoma Sweet • 4 days | 72.00 | -2.00 | -2.70% | ||
|
Kansas Common • 7 days | 65.00 | -0.75 | -1.14% | ||
|
Buena Vista • 5 days | 83.98 | +1.45 | +1.76% |
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Geopolitics / Middle East
Israeli-Linked Ship Attacked By Suicide Drone Attack In Indian Ocean
Another Israeli-linked shipping vessel has been targeted by Iran-backed forces against the backdrop of the Gaza war. A US defense official was cited in the Associated Press as describing that a…
Israel-Hamas Conflict Threatens EU Energy Security
The ongoing conflict between Israel and Hamas, killing hundreds of civilians a day and threatening critical infrastructures of all sorts in the vicinity of the Gaza Strip, has…
Oil Market Blind-sided By Israel’s War On Hamas
Israel is on the brink of a full invasion of the Gaza Strip, with the Israeli Armed Forces (IDF) prepared to implement a range of military strategies. While regional tensions…
Escalation In Israel-Hamas Conflict May Doom Oil Markets
In the last 50 years or so, it is difficult to think of a time when so many dangers from so many directions could each spiral…
The New Global Oil Market Order Hangs In The Balance After Hamas Attacks Israel
In what turned out to be extraordinary timing, October 3 saw a Western coalition of France’s TotalEnergies and Italy’s Eni, plus Qatar Energy, apply for the second licensing…
MBS To Fox: Saudi Arabia Will Get Nuclear Arms If Iran Does
Crown Prince Mohammed bin Salman (MbS) said in an exclusive Fox News interview published Wednesday that Saudi Arabia will obtain a nuclear weapon if its number one regional rival does…
Iran’s Latest Move Brings A New Nuclear Deal With The U.S. Closer
The deal announced on 11 September that saw five Americans released from prison in Iran has brought the quiet ongoing discussions over a new, watered-down version…
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 for those lost…
Saudi Arabia Looks To Normalize Relations With Syria, Puts Israel On Hold
By Hasan Illaik via The Cradle In his interview with CNN on July 9th, US President Joe Biden announced that "we are…
Iran’s Booming Oil Industry Adds Urgency To Nuclear Negotiations
Over the last few years, Iran has increasingly ignored sanctions imposed on its oil and gas industry by the U.S. by choosing to develop new energy partnerships and…
Why The Middle East Will Be Vital In Any U.S.-China Conflict
If the United States and China ever enter into conflict, one of the key battlegrounds could be the Middle East. China has been busily trying to shore up its energy…
Is The U.S. Preparing To Punish OPEC?
In early May, the U.S. House of Representatives Committee on the Judiciary was reportedly considering a bill to pressure the OPEC
Turkey’s Elections Could Have A Significant Geopolitical Impact
On May 11, Turkish opposition candidate Muharren Ince announced that he was dropping out of the upcoming presidential elections, allegedly due to, in his words, a “smear campaign”…
Iraq And Iran Ignore U.S. Sanctions In Talks To Expand Energy Ties
Iran and Iraq signed an agreement on Wednesday to expand energy ties and establish a joint office aimed at overlooking cooperation…
Iran Seizes Second Oil Tanker In Arabian Gulf
A commercial oil tanker was seized by Iran in the Strait of Hormuz on Wednesday in the second such merchant vessel seizure by the Islamic Republic in waters in the…
U.S. Losing Influence As Saudi Arabia Joins Shanghai Cooperation Organization
Saudi Arabia’s very public announcement last week that its cabinet had approved a plan to join the Shanghai Cooperation Organisation (SCO) as a ‘dialogue partner’ is the surest sign yet…
The Age Of The U.S. As A Middle East Power Broker Is Over
Although White House national security spokesperson, John Kirby, did observe tersely that the deal done on 10 March between Iran and Saudi Arabia to re-establish relations “is not…
Will The Saudi-Iranian Diplomatic Deal Bring Oil Prices Down?
The energy markets have kicked off the new week on a sour note, with oil prices recording significant declines in early trading on Monday just days after Saudi…
U.S. And China Vie For Influence In This Vital Middle East Oil Hub
Oman is preparing to offer a new batch of onshore oil and gas concession areas by the end of this month and a new batch of offshore oil…
Washington’s Oil Supply Spat With Saudi Arabia Could Backfire
Three weeks ago, President Joe Biden threatened Saudi Arabia with “consequences” after the kingdom that is the de facto leader of OPEC supported a decision to reduce oil production…
