 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 15 mins | 2.705 | -0.009 | -0.34% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 3 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 3 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 3 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 3 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Breaking News:
Oil Prices Surge as Geopolitical Risk Rises
Oil prices are surging as…
OPEC+ Is Still Struggling With Production Cut Compliance
OPEC+ continues to struggle with…
Argentina's President Is Going to War With Its Oil Provinces
Argentina's president is engaged in…
Premium Articles
The US Light Crude Wave In Europe
As any attentive reader of our Oil & Gas Insider feature would attest, the oil market is in constant flux and one nation’s fate might drastically swing from that of…
Electric Vehicles Will Win Big In A Recession
The news on vehicle sales is indicative of the growing economic headwinds. Data published by the China Association of Automotive Manufacturers showed auto production down 12.4% in the first half…
The Anti-Iran Alliance Is Cracking
Rosneft’s Sanctions Hedge Play One of the key underpinnings of US global economic power is the use of the US dollar for global trade transactions, but sanctions make that a…
Oil Is At The Center Of The 2020 Elections
Donald Trump faces an interesting set of economic and geopolitical circumstances heading into the 2020 election. The President would obviously like the US to be in strong economic shape with…
A New War In Yemen
The New War in Yemen Isn’t About Iran Separatists backed by the UAE have taken control of Yemen’s port of Aden, all government military camps and the presidential palace. The…
Why Saudi Arabia Needs An Aramco IPO
At the start of the year, hopes and expectations were that the US and China would come to a relatively speedy resolution on trade and the world economy would be…
Is Argentina’s Shale Boom Safe?
Premature judgments about the fall of Latin America’s left notwithstanding, the pink tide seems to be back in town after Argentina’s national primaries (effectively a nationwide poll ahead of the…
Oil Markets Battle For Stability
Last week’s fear and uncertainty in oil markets appears to have turned a bit more upbeat this week as oil producers tried to avoid a complete tailspin. Iran seems to…
Oil Prices Crash On Fears Of Currency War
Markets convulsed early this week as traders saw US/China relations take a sharp turn for the worse. The gyrations were massive with Brent crude oil moving below $59 while the…
Oil Price Risk Has Shifted To The Downside
The US Federal Reserve cut interest rates July 31 for the first time since the 2008 financial crisis in an effort to keep the US’s long-running economic expansion on course.…
Something Very Unusual Just Happened In Russian Oil & Gas
Refineries might seem pillars of stability in very volatile oil markets – trading companies unbacked by downstream assets are frailer than the others as they cannot stand on both feet,…
Oil Prices Threaten To Set A New 2019 Low
Oil prices have dropped to their lowest level in 7 months this week and are threatening to break their annual low if the market fails to find something to cling…
Don’t Expect A Genuine Bull Run In Oil
Oil prices were higher to begin the week on expectations that the US Federal Reserve will lower its key interest rate by 25 basis points later today. As technicians, we…
Global Energy Advisory – 31st July 2019
Eni’s Problems in Nigeria Aren’t As Big As They Seem Yes, Nigeria’s state oil firm (NNPC) has admitted that it stopped making payments sto Eni three months ago; and yes,…
The 2020 Elections Are Already Impacting Oil Markets
As a major net oil importer, US foreign policy has traditionally reflected the need to protect extended international oil supply chains. Over the last decade, even over the last five…
The World’s Newest Oil Boom Gets Another Twist
In our columns, we have analyzed on several occasions the astounding rise of Guyana, arguably the hottest spot for oil drilling in the past couple of years. Almost every single…
Renewed Bullishness Sends Oil Higher
The last week of July started in a somewhat upbeat manner, buoyed by rumors that the US Federal Reserve might finally cut interest rates (for the first time this decade)…
An Unusual State Of Affairs For Oil Markets
Iranian forces made front page oil market news yet again since our last note by seizing a UK-flagged tanker and a British owned tanker in the Strait of Hormuz as…
Identifying Libya’s Oil Saboteurs
Libyan Oil Sabotage: The Next Phase Nearly one-third of Libya’s oil output was taken offline for three days this week after a pipeline was sabotaged from the giant Al-Sharara field,…
A Deepwater Dilemma
For the last couple of years, the deepwater drillers have been telling us that a recovery in day rates that would provide meaningful support for their share price, was right…
