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	WTI Crude •33 mins	112.2	+2.62	+2.39%
	Brent Crude •14 mins	111.6	+2.47	+2.26%
	Natural Gas •30 mins	8.308	-0.060	-0.72%
	Heating Oil •30 mins	3.792	+0.124	+3.38%
	Gasoline •31 mins	3.832	+0.111	+2.99%
	Louisiana Light •2 days	111.2	-3.29	-2.87%
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Louisiana Light • 2 days	111.2	-3.29	-2.87%
Bonny Light • 2 days	113.6	-4.56	-3.86%
Opec Basket • 2 days	114.9	-2.26	-1.93%
Mars US • 23 mins	107.6	+0.02	+0.02%
Gasoline • 31 mins	3.832	+0.111	+2.99%

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	Marine •2 days	109.4	-1.17	-1.06%
	Murban •2 days	112.1	-1.14	-1.01%
	Iran Heavy •2 days	106.1	-5.05	-4.54%
	Basra Light •171 days	71.69	-3.60	-4.78%
	Saharan Blend •2 days	113.2	-5.46	-4.60%
	Bonny Light •2 days	113.6	-4.56	-3.86%
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Bonny Light • 2 days	113.6	-4.56	-3.86%
Girassol • 2 days	110.4	-5.24	-4.53%
Opec Basket • 2 days	114.9	-2.26	-1.93%

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	Canadian Crude Index •2 days	89.31	-3.24	-3.50%
	Western Canadian Select •16 hours	92.94	-5.36	-5.45%
	Canadian Condensate •16 hours	109.2	-5.36	-4.68%
	Premium Synthetic •16 hours	107.4	-5.36	-4.75%
	Sweet Crude •16 hours	105.3	-5.36	-4.84%
	Peace Sour •16 hours	102.5	-5.36	-4.97%
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Peace Sour • 16 hours	102.5	-5.36	-4.97%
Light Sour Blend • 16 hours	104.6	-5.36	-4.87%
Syncrude Sweet Premium • 16 hours	108.1	-5.36	-4.72%
Central Alberta • 16 hours	102.8	-5.36	-4.96%

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	Louisiana Light •2 days	111.2	-3.29	-2.87%
	Domestic Swt. @ Cushing •17 hours	108.8	+2.75	+2.59%
	Giddings •17 hours	102.5	+2.75	+2.76%
	ANS West Coast •3 days	117.7	-0.88	-0.74%
	West Texas Sour •17 hours	106.2	+2.62	+2.53%
	Eagle Ford •17 hours	110.1	+2.62	+2.44%
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Eagle Ford • 17 hours	110.1	+2.62	+2.44%
Oklahoma Sweet • 17 hours	108.8	+2.75	+2.59%
Kansas Common • 2 days	99.75	-3.00	-2.92%
Buena Vista • 2 days	112.6	-5.11	-4.34%

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All Charts

1 min Shots Fired As Protesters Fail To Stop Oil Tanker From Loading In Libya
1 hour Gas Stations In Washington State Are Running Out Of Fuel
2 hours Soaring Energy Imports Put Japan’s Economy Under Pressure
3 hours U.S. Shale Merger Creates A New $7 Billion Giant
4 hours The U.S. Is Considering Sanctioning Countries That Buy Russian Oil
4 hours Gasoline Price-Gouging Bill Passes The House
5 hours How The UK’s 35% Duty On Russian Platinum And Palladium Will Impact Markets
6 hours Soaring Gasoline Prices Won’t Stop Summer Travel
7 hours Asian Gasoline Exports To U.S. Soar
8 hours Japan Nuclear Regulator Greenlights Radiactive Water Release From Fukushima
1 day China To Offload 2 Million Barrels of Iranian Crude Despite Sanctions
1 day Ex-German Chancellor Could Be Sanctioned Over Rosneft Ties
1 day Gasoline Prices Top $6 In California, $9 In Parts Of Europe
1 day Oil, Gas Employment Will Take Five Years To Recover From Covid: Rystad
1 day Insurers Are Suffering Major Losses Due To Climate Change
1 day "Fossil Fuels Are A Dead End," UN Secretary-General Says
1 day Russia Increasingly Using Own Oil Tankers To Boost Shipments To Asia
1 day Saudi Oil Revenue To Surge 66% To $249 Billion On High Prices
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1 day Russia's Gas Flows Via Ukraine Plunged 50% In The Past Week
2 days API Reports Inventory Draws In Crude, Gasoline Despite SPR Release
2 days Libyan Oil Deadlocked As Clashes Force PM-Designate Out of Tripoli
2 days Putin: Europe Committing “Economic Suicide” With Energy Sanctions
2 days United States To Release Venezuela From Some Oil Sanctions
2 days U.S. Set To Suggest European Tariff On Russian Oil Instead Of Embargo
2 days Hungary Says Complying With Russia Oil Ban Would Cost It $811 Million
2 days New Trading Firms Replace Oil Majors In Business With Russia
2 days Iraqi Government Prevents Chinese Parties From Buying Into Oil Deals
2 days Saudi Aramco Considers Listing $30 Billion Trading Arm As Oil Prices Soar
2 days Russia Becomes One Of India’s Top 5 Oil Suppliers
2 days Shell’s Brazil Wells Come Up Dry
3 days Shale Pioneer Harold Hamm Slams Biden's "Failed" Energy Policies
3 days Oil Prices Surge Past $113 As Shanghai Signals End Of Lockdown
3 days Germany’s RWE To Follow Kremlin’s Rubles-for-Gas Scheme
3 days Leaked EU Memo Details Emergency Gas Supply Shock Measures
3 days California Reconsidering Closure Of Its Last Nuclear Power Plant
3 days Saudi Oil Exports Dropped in March From Two-Year High In February
3 days Iran Can Double Oil Exports If Necessary
6 days France’s Power Sector Further Strained By Extended Outages And Repairs
6 days California To Spend $5.2 Billion On Electricity Reserve To Avoid Blackouts

4 minutes "Natural Gas Trading Picks Up Considerably Amid High Volatility" by Charles Kennedy - ...And is U.S. NatGas Futures dramatically overbought at the $6.35 range?
8 minutes How Far Have We Really Gotten With Alternative Energy
12 minutes What Russia has reached over three months diplomatic and military pressure on West ?
3 hours GREEN NEW DEAL = BLIZZARD OF LIES
1 day Revisiting: "The U.S. Grid Isn’t Ready For A Major Shift To Renewables" from March 2021 by Irina Slav at OILPRICE
4 days How cheap Chinese tires might explain Russia's 'stalled' 40-mile-long military convoy in Ukraine
6 hours Failure To Implement Russian Oil Ban Could Send Oil Crashing To $65
8 days Will Variants and Ill-Health Continue to Plague Economic Outlooks?
8 days "The Calm Before The Storm In Oil Markets" by Tom Kool of OILPRICE and seen at YahooFinance
2 days Natural Gas is the Cleanest and most Likely Source of Energy to Fuel the World.
8 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
8 days "Russia will stop 'in a moment' if Ukraine meets terms - Kremlin" by Reuters via Yahoo News...but Reuters suddenly cut out the balanced part of the story.

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Matthew Smith

Matthew Smith

Matthew Smith is Oilprice.com's Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located in Latin America. Matthew writes on oil and gas, mining and infrastructure.

Latest articles from Matthew

Guyana Is On Track To Become A Leading Global Oil Producer

Published 11 May 2022 | viewed 16,032 times

South America’s latest oil-producing nation, the former British colony of Guyana, is continuing to lay the groundwork for its oil boom. In 2015, global energy…
Colombia’s Shale Boom Might Be Over Before It Even Started

Published 07 May 2022 | viewed 8,640 times

The controversial crude oil extraction technique hydraulic fracturing, known as fracking, has long been touted as a solution to Colombia’s rapidly dwindling petroleum reserves. The…
Can Brazil Help Fill The Supply Gap Left By The U.S. Ban On Russian Oil?

Published 02 May 2022 | viewed 4,587 times

Since President Joe Biden floated the idea of banning oil imports from Russia in response to President Vladimir Putin’s invasion of Ukraine there has been…
Can Colombia’s Offshore Oil Potential Rival That Of Brazil?

Published 26 April 2022 | viewed 3,656 times

The strife-torn Latin American nation of Colombia punches well above its weight when it comes to petroleum production. The Andean country is the region’s third-largest…
Is This The Beginning Of The End For Colombia’s Oil Industry?

Published 25 April 2022 | viewed 5,246 times

Colombia’s economically crucial petroleum industry, which has been under pressure for some time from a combination of weaker oil prices and low proven reserves, is…
The Small Latin American Nation That Could Benefit From Russia’s Oil Ban

Published 18 April 2022 | viewed 7,369 times

For over a decade the deeply impoverished and mountainous South American nation of Ecuador has battled to revive its flagging oil industry. Washington’s decision to…
Exxon Bets Another $10 Billion On Guyana’s Oil Boom

Published 12 April 2022 | viewed 13,731 times

The deeply impoverished South American microstate of Guyana, which was rocked by the COVID-19 pandemic, finds itself at the epicenter of the continent's latest mega-oil…
Can Maduro Meet His Wildly Ambitious Crude Oil Production Targets?

Published 11 April 2022 | viewed 5,362 times

A recurring theme when it comes to Venezuela’s oil industry and national oil company PDVSA are wildly ambitious crude oil production targets announced each year…
South America’s Newest Oil Boom Is Gaining A War Time Boost

Published 07 April 2022 | viewed 20,586 times

President Joe Biden’s decision to ban Russian energy imports to the U.S. is boosting the outlook for South America’s newest oil-producing nation Guyana as well as…
Venezuela’s Oil Industry Is Causing An Environmental Catastrophe

Published 05 April 2022 | viewed 12,154 times

Venezuela and the pariah dictatorial regime of Nicolas Maduro are once again back in the international spotlight. President Joe Biden’s decision to ban Russian energy…
Could Fracking Save Colombia’s Energy Industry?

Published 30 March 2022 | viewed 4,458 times

Despite spiraling oil prices which see the international Brent benchmark up by a stunning 53% since the start of 2022 to be trading at over…
How Easing Sanctions On Venezuela Could Backfire

Published 27 March 2022 | viewed 8,792 times

Russia’s invasion of the former Soviet Republic Ukraine, Europe’s second-largest country, triggered a watershed moment for President Joe Biden and his administration. It is forcing…
Why Guyana's Oil Boom Can't Solve The Current Energy Crisis

Published 16 March 2022 | viewed 6,393 times

The war in Ukraine, the subsequent U.S., and UK ban on Russian oil imports, Europe’s energy crisis, and supply constraints all highlight the need to…
Can Latin America Fill The Global Oil Supply Gap?

Published 15 March 2022 | viewed 4,643 times

President Vladmir Putin’s decision to invade Ukraine coupled with ever-stricter sanctions being imposed on Russia, existing supply constraints and growing post-pandemic saw crude oil prices…
Why Easing Sanctions Against Venezuela Would Be A Bad Move For The U.S.

Published 08 March 2022 | viewed 10,957 times

President Vladimir Putin’s invasion of Europe’s second-largest country Ukraine highlights the threat posed by rising authoritarianism in a post-pandemic world afflicted by supply shocks for…
An Environmental Disaster Is Unfolding In Venezuela

Published 23 February 2022 | viewed 8,937 times

An often overlooked and ignored aspect of Venezuela’s crisis is the considerable environmental degradation occurring at the hands of the OPEC member’s decrepit oil industry.…
Charting The Collapse Of Latin America’s Largest Oil Nation

Published 23 February 2022 | viewed 8,522 times

For decades after the rise of Pablo Escobar and the Medellin cartel, the violence-riven Latin American country of Colombia was long associated with being a…
Is Venezuela Lying About Its Oil Output?

Published 13 February 2022 | viewed 10,038 times

A surprise jump in Venezuela’s crude oil output at the end of 2021 caught industry analysts by surprise. According to data provided by Caracas to…
Colombia’s Oil Industry Is Finally Showing Signs Of Life

Published 10 February 2022 | viewed 5,830 times

The last two years, since the COVID-19 pandemic commenced, have been particularly tumultuous for the strife-torn Latin American nation of Colombia. The fallout from the…
Guyana’s Oil Boom Has Been Amazing For Its Economy

Published 08 February 2022 | viewed 7,544 times

The former British colony of Guyana, one of South America’s poorest nations, is undergoing a major economic transformation driven by a massive oil boom. ExxonMobil’s…

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