 |
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 • 10 mins | 2.101 | -0.020 | -0.94% |
|
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% |
Europe's Insatiable Hunger for LNG
Europe is consuming large amounts…
Digesting the OPEC+ Production Cuts
As concerns about global oil…
Why Did Oil Drop on an OPEC+ Output Cut and Will the Selling Continue?
Why did crude fall out…
Global Energy Alert
Why Did Oil Drop on an OPEC+ Output Cut and Will the Selling Continue?
Over the last twenty years or so, I have spent a lot of time teaching and mentoring aspiring traders. During that time, I have heard a lot of questions, but…
Digesting the OPEC+ Production Cuts
OPEC+ Agrees on Significant Output Cuts Amid Market Uncertainty In a decisive move, OPEC+ members, led by Saudi Arabia, have agreed to substantial voluntary output cuts totaling about 2.2 million…
Europe's Insatiable Hunger for LNG
1. OPEC+ Confronts Quota Imperfections, Weak Sentiment- Saudi Arabia and Russia, the two heavyweights of…
Oil Markets Unimpressed By OPEC+ Cuts
Markets Oil markets balked at the OPEC+ news this week that saw the organization extend cuts from Saudi Arabia and Russia and deepen the group’s overall cuts with other member…
Guyana on Edge Amid Rumors of a Venezuelan Invasion
For newly oil-rich Guyana, this weekend will be a fateful one, with rumors that Venezuela is gathering forces to invade at the close of a referendum on the…
Is This The Best Way To Play The Plunge In Oil Prices?
One of the things on which I pride myself when writing here, or elsewhere for that matter, is that I don’t run away and hide should I make a bad…
Will Oil Prices Fall Below $70?
January U.S. Crude Prices Plunge January U.S. crude oil witnessed a significant drop of around 5% on Thursday, hitting a four-month low. This decline in West Texas Intermediate (WTI) crude,…
China's Refinery Bonanza Slows Down
1. Europe Cracks Down on Methane Emissions- The European Union agreed on a deal…
Libya Turns Away Oil Tanker in Protest of Israeli Aggression in Gaza
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Washington Prepares to Tighten Sanctions on Iran
Washington is gearing up to tighten sanctions on Iran, again, at the same time as new revelations emerge indicating that Iran was caught unaware when Hamas attacked Israel…
Concerns Mount Over China's Crude Oil Demand
1. Can We Get a Little Contango Now?- China’s swelling oil inventories and weakening crude…
What Will It Take For Oil Prices To Stop Falling?
Crude Oil Market Overview The current state of the crude oil market is marked by a downward trend, with both the international benchmark Brent crude and the U.S. benchmark WTI…
The Israel-Hamas War Remains Contained... For Now
Politics, Geopolitics & Conflict The frontier between Lebanon and Israel has become an intense second front in the Hamas-Israel conflict, which threatens to intensify though Lebanon’s Hezbollah leader Nasrallah avoided…
Have Oil Traders Misread Saudi Arabia's Production Cut Commitment?
I have said it many times before in these pages and will no doubt say it many times in the future too, but it is often the case that a…
Kurdistan's Oil Industry Standoff Intensifies
Some 450,000 barrels per day of oil exports from the Kurdistan Region of northern Iraq remain shut in amid an intractable dispute over who should control the region’s…
Oil Prices Rise On Fed Decision And Geopolitical Risk
Thursday's Market Action Reflects Fed's Rate Move Oil markets witnessed notable activity on Thursday, directly responding to the Federal Reserve's stance on interest rates. Brent crude futures rallied by…
Uncertainty Surrounds Oil Demand Growth In 2024
1. 2024 Demand Outlook Remains Murky as Forecasters Contradict One Another- As political narratives continue…
The U.S. May Reimpose Sanctions On Venezuela
Politics, Geopolitics & Conflict While Israel’s Tamar gas field remains shut down due to the conflict with Hamas, Israeli gas flows to Egypt have now resumed (according to Bloomberg sources)…
Why Oil Prices Are Likely To Climb From Here
One of the things that has always appealed to me about the energy sector from a trading and investing perspective is that it usually isn’t correlated with the US stock…
The Houthi Missile Threat To Israel
Israel shot down a Houthi missile over the Red Sea on Monday, employing its Arrow aerial defense system. This follows the US Navy’s shooting down of Houthi missiles…
