 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.711 | -0.018 | -0.67% |
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 2 days | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 5 hours | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 5 hours | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 5 hours | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 5 hours | 75.75 | -2.68 | -3.42% |
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Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
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Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 3 days | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 7 days | 89.36 | +0.64 | +0.72% |
Breaking News:
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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Is China Undermining Putin's Plan for Higher Oil Prices?
Having had to make his travel plans even more furtively than usual - given the International Criminal Court arrest warrant out for him due to…
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U.S. Widens Sanctions On Iran’s Energy Network That Is Key To Funding Terrorism
From the imposition of the first major international sanctions against its energy sector following the 1979 Islamic Revolution, Iran has been developing a vast network…
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How China And The U.S. Were Both Key To OPEC+’s Bearish Oil Supply Cuts
After long delays, last week saw OPEC+ announce oil production cuts way below what many oil traders had been expecting, causing the benchmark Brent oil…
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Russia Takes Control of Iraq’s Biggest Oil Discovery for 20 Years
Preliminary estimates suggested that Iraq’s Eridu oil field holds between 7-10 billion barrels of reserves. Senior Russian oil industry sources spoken to exclusively by OilPrice.com last week…
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Houthi Tanker Seizures Could Reignite the War Premium in Oil Markets
The risk premium for oil prices resulting from the ongoing Israel-Hamas War has not risen as dramatically as it did after Russia invaded Ukraine on…
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Russian And Chinese Focus Alights On Iraq’s Strategically Vital Akkas Project
Any major project connected to Iraq’s oil and gas sector has an incalculably greater significance than just extracting oil or gas. Situated in the heart…
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Russia Will Fight to Protect Its Key Weapon in the Global Energy Race
At the core of Russia’s hydrocarbon-centric geopolitical strategies for the future are its huge Arctic oil and gas reserves. And while global tensions stay high…
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Qatar’s Careful Balancing Act In Energy And Geopolitics
Qatar has long been forced to play a delicate diplomatic balancing act between the two great Middle Eastern powers and their principal superpower sponsors, positioned…
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Russia And China Tighten Grip On Iraqi Oil Crescent
In line with Moscow and Beijing’s objective of keeping the West out of energy deals in Iraq to keep Baghdad closer to the new Iran-Saudi…
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Iran’s Proposed Embargo Could Cause Chaos In Oil Markets
Iran’s Supreme Leader, Ali Khamenei, last week called on the Islamic members of OPEC to halt oil exports to Israel immediately. Given that Israel buys…
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Iraq’s New Oil Law Highlights The West’s Fading Middle East Influence
Rather like the man falling from the 20th floor of an office block saying ‘So far, so good’ when asked how he is doing, so…
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Iraq Moves Further Out Of U.S.’s Influence With New Russia And China Deals
With the U.S.’s current primary Middle East focus being on trying to deter a widening of the Israel-Hamas War, China and Russia have been busy…
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With Oil Supply At Risk From Israel-Hamas War, What Is China’s Demand Outlook?
Global oil supply from several OPEC countries in the Middle East, perhaps all of them, remains contingent on whether the Israel-Hamas War widens out, and…
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Why Iran Is Desperate To Finish This Pipeline
Iran has long been desperate to create a permanent ‘land bridge’ from Tehran to the Mediterranean Sea by which it could exponentially increase the scale…
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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…
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Qatar’s Support For U.S. With Iran Sanction Is Crucial
At the time Russia invaded Ukraine in 2022, the U.S. had few allies left in the Middle East, following a period of disengagement from the…
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Will The U.S. Clamp Down On Iranian Crude Exports?
There have been calls on U.S. President Joe Biden to clamp down on lucrative oil and gas exports from Iran - widely believed to have…
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Western Companies Look To Grow Influence In Egyptian Oil And Gas
Given the enormous ground that the U.S. literally and metaphorically lost in the Middle East in recent years, any strategy it attempted to regain some…
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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…
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The Geopolitical Forces Driving Today's Oil Market
There are three key determinants of how high oil prices will go from here. First, whether it is in the financial interests of the key…
