 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.764 | +0.006 | +0.20% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 3 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 3 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 3 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 3 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
U.S. Sanctions on Venezuela Snap Back Into Place
The U.S. has reimposed sanctions…
A Chinese EV Company That Represents Remarkable Value
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Oil Traders Hedge Geopolitical Risk With Record Options
Call options are currently trading…
Global Energy Alert
Profit Taking Is Putting Downward Pressure on Oil Prices
Selling Pressure, Profit-Taking Dominate Trade This week, crude oil markets experienced significant volatility to the downside, driven by geopolitical concerns, unexpected inventory adjustments, and changes in demand. Although escalation fears…
Oil Traders Hedge Geopolitical Risk With Record Options
1. Venezuela Braces for Impact After US Reimposes Sanctions - The Biden administration reimposed sanctions on Venezuela’s oil…
U.S. Sanctions on Venezuela Snap Back Into Place
Politics, Geopolitics & Conflict At midnight on Thursday, the six-month temporary oil sanctions relief Washington granted Venezuela last October expired, and the Biden administration moved to reimpose those sanctions, which…
A Chinese EV Company That Represents Remarkable Value
Over the years, one of my most profitable investment research techniques has been to look for companies whose stock has been dragged down by negativity around the market in which…
Explaining the Israel and Iran Missile Exchange
Oil markets have largely discounted the Iranian missile and drone barrage directed at Israel because it was essentially a ruse designed not to inflict any damage, but to…
The EU Allows Members to Ban Russian LNG as Imports Climb
1. EU Allows Banning Russian LNG as Member States Buy More - The European Parliament approved rules this…
Geopolitical Tensions Keep Oil Prices Elevated
In the complex mix of elements influencing crude oil prices, recent events have focused attention on June West Texas Intermediate (WTI) futures. The interplay of ongoing inflation, geopolitical tensions, and…
Iraq Has No Intention of Restarting Kurdish Oil Pipeline
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How Energy Investors Should Read The Fed’s Latest Notes
As somebody whose start in markets came in interbank foreign exchange, I am used to a degree of obsession with central banks. Back when I started in that market, which…
Iran Plays Down Risk of Retaliatory Attack on Israel
Markets were extremely jittery this week, awaiting a retaliatory attack by Iran following the Israeli strike on Tehran’s embassy in Syria, which killed a key Iranian general and other diplomats/military…
Is $100 Oil Within Reach?
A few weeks ago, when WTI crude was trading just below $80, I wrote here that I was about to break with my usual, contrarian trading style and establish a…
Oil Prices Surge as Geopolitical Risk Rises
Oil Prices Surge WTI crude oil's current bullish trend, closely following Brent crude's movements, has placed it at a crucial point for traders. This trend, driven by a mix of…
OPEC+ Is Still Struggling With Production Cut Compliance
1. OPEC+ Sticks to Course as Focus Shifts to Overproducers - The Joint Ministerial Monitoring Committee of OPEC+…
Tensions Between Israel and Iran Soar
Politics, Geopolitics & Conflict Israel has shored up its defenses in anticipation of a direct response from Iran following the Israel leveling of the Iranian consulate in Damascus, Syria. Two…
Argentina's President Is Going to War With Its Oil Provinces
What happens when Argentina’s oil provinces cut off supplies amid a head-to-head battle with the country’s new libertarian president, Javier Milei, who has approached his mandate with a guns-blazing attitude…
China Buys Up Russian Oil
1. As TMX Starts Line Fill, China Takes Centre Stage - Canadian crude will start flowing to China…
Will Waning Gasoline Demand Drag Oil Prices Down?
West Texas Intermediate Crude Weekly Analysis This week's crude oil market has been marked by several significant events influencing May West Texas Intermediate (WTI) futures. The trends observed ranged from…
The U.S. to Call for an Immediate Ceasefire in Gaza
Politics, Geopolitics & Conflict With his campaign for re-election in full swing, Venezuela’s Nicolas Maduro has managed to get lawmakers to approve the creation of a new state out of…
Explaining the Market’s Reaction to Jerome Powell’s Speech
Yesterday, Jay Powell and the FOMC gave us their decision on interest rates. In the accompanying statement and the subsequent press conference given by Fed Chair Jay Powell, they explained…
Sudan's Civil War Sparks Oil Supply Concerns
When Sudan’s civil war broke out in April last year, markets stood by for a few weeks to see if the war would impact oil exports from Sudan, which has…
