 |
Louisiana Light • 2 days | 78.00 | -2.16 | -2.69% | ||
|
Bonny Light • 2 days | 81.20 | -2.15 | -2.58% | ||
|
Opec Basket • 2 days | 84.27 | -2.23 | -2.58% | ||
|
Mars US • 6 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 10 mins | 2.169 | +0.040 | +1.89% |
|
Bonny Light • 2 days | 81.20 | -2.15 | -2.58% | ||
|
Girassol • 2 days | 81.54 | -2.27 | -2.71% | ||
|
Opec Basket • 2 days | 84.27 | -2.23 | -2.58% |
|
Peace Sour • 3 hours | 58.33 | -1.89 | -3.14% | ||
|
Light Sour Blend • 3 hours | 62.83 | -2.04 | -3.14% | ||
|
Syncrude Sweet Premium • 3 hours | 69.18 | -2.69 | -3.74% | ||
|
Central Alberta • 3 hours | 59.73 | -1.64 | -2.67% |
|
Eagle Ford • 2 days | 71.81 | -2.04 | -2.76% | ||
|
Oklahoma Sweet • 2 days | 71.75 | -2.00 | -2.71% | ||
|
Kansas Common • 3 days | 67.50 | -3.50 | -4.93% | ||
|
Buena Vista • 4 days | 87.02 | +0.31 | +0.36% |
A Less Hawkish Fed Could Jumpstart The Oil Price Rally
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Energy / Oil Prices
Oil Prices Fall As Druzbha Pipeline Resumes Flows
Oil prices have been falling in Wednesday’s session after oil flows on the Druzhba pipeline from Russia to Eastern Europe resumed after having…
Oil Prices Rise After Stray Rockets Land In Poland, Killing Two
Poland is holding an emergency meeting of the National Security Committee after a report surfaced that a suspected missile has struck a village in Poland, killing two. Tensions were heightened…
How The Price Cap On Russian Oil Could Cripple India’s Crude Imports
India would be one of the countries most exposed if Russia refuses to sell crude oil at the capped price under proposed sanctions to be imposed by the United States…
Oil Prices Jump As U.S. Inflation Comes Below Expectations
Oil prices erased earlier losses and moved higher on Thursday just after the U.S. Bureau of Labor Statistics released data for October showing that inflation in the United States last…
Russia’s Shipping Crude Oil Like Mad Ahead Of Sanctions
Russia’s seaborne crude oil exports spiked to a five-month high last week as buyers scrambled to get their hands on as much cheap Russian crude oil as they could ahead…
WTI Crude Spikes Almost 5% On Fears Of Tight Supply
Crude oil prices were on the rise early on Friday morning on continuing fears that the oil markets remain tight with the G7 agreeing on a fixed price capping mechanism…
U.S. Refineries Profit From Cheap Sour Crude
Despite a decline in refining margins in recent months, the biggest American refiners continue to post bumper profits, helped by cheaper sour crude grades and lower costs for…
Oil Shortage Forecasts Clash With Grim Economic Projections
For about two months now, signals from the oil market have pushed traders from one extreme to another, as headwinds clash with tailwinds, with the global economic slowdown…
Deep OPEC Output Cuts Upend Biden’s Attempt To Lower Oil Prices
I tell people that to understand OPEC, you have to put yourself in their position. Their objective is to maximize the value of the oil they have in…
U.S. Accelerates Three-Tier Plan To Reduce Oil Prices
The immediate aftermath of the 1973/74 oil embargo in which Saudi Arabia led its OPEC brothers to block oil exports to the U.S.,…
Biden Just Put A Floor Under Oil. Will It Work?
The Biden administration is ready to sell additional volumes of crude oil from the strategic petroleum reserve after the end of the 180-million-barrel release plan and then it…
Oil Prices Crumble As Core U.S. Inflation Hits 40-Yr High
Oil prices fell on Thursday morning following new CPI data that showed core inflation in the United States had risen to the highest level in four decades.
Oil Prices Slide As OPEC+ Bump Wears Off
Oil prices slipped further on Tuesday as the market reassessed the OPEC+ production quota cut, and the IMF warned about the increased risk of a global recession.
The Radical Plans To Counter High Oil Prices
The latest OPEC+ output cuts for November mean it’s back to the drawing board for the White House and a re-emergence of discussions about the viability of “NOPEC”,…
Oil Prices Jump As OPEC+ Considers 2 Million Bpd Production Cut
OPEC+ may be considering an even larger cut than previously reported—at up to 2 million bpd, anonymous delegates told media on Tuesday. As OPEC+ prepares to meet this Wednesday to…
Major Commodity Trader Sees Looming Oil Price Spikes
While traders and investors in the paper oil market are focused on looming recessions and interest rate hikes, those on the ground – executives at oil producers and…
U.S. LNG Can Only Solve A Part Of Europe’s Gas Problem
Liquefied natural gas from the United States has turned into a lifebelt for struggling Europe as Russia cut supplies via one of the biggest gas conduits into the…
Oil Prices Could Be Set For Another Sharp Rise
It's been a rough couple of weeks in the energy market. As potential energy company investors, we are not sorry to see the back of last week in…
Oil Prices Are About To Reverse Course
“That would be the road to hell for America,” JP Morgan’s CEO Jamie Dimon said last week, referring to a suggestion that all big banks divest from the oil…
Fears Of Economic Slowdown Cap Crude Prices
Oil prices have declined by around $30 a barrel since the recent peak in early June before the Fed and other central banks started aggressive interest rate hikes…
