 |
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% | ||
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Central Alberta • 3 hours | 59.73 | -1.64 | -2.67% |
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Eagle Ford • 2 days | 71.81 | -2.04 | -2.76% | ||
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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% |
Middle East Producers Cautious To Hike Prices In Tight Market
Crude prices have continued to…
A Less Hawkish Fed Could Jumpstart The Oil Price Rally
Oil and many other commodities…
Energy / Oil Prices
The Oil Market Isn’t Broken, It’s Just Responding To A Supply Surplus
As oil prices continue to plunge, with the latest selloff triggered by a surprise crude build and another release from the Strategic Petroleum Reserve, commodity analysts at Standard…
Oil Gains 2% As Iran Deal Fades, Market Eyes Tight Supply
Oil prices pared some losses on Monday, with Brent gaining nearly 2% as a nuclear deal with Iran seemed to fade further away and markets refocused on Europe’s…
Oil Traders Spooked By COVID Lockdowns In China
U.S. West Texas Intermediate crude oil futures are trading lower for the week while testing the key technical area that has held as support for two months. The catalysts behind…
Oil Prices Fall More Than 3% As G7 Discusses Price Cap For Russian Crude
Oil is down over 3.2% on Thursday, while a pending G7 deal to cap Russian oil prices being discussed Friday could reverse that…
Oil Falls 5% On Growing Inflation Fears
Crude prices fell more than 5% on Tuesday afternoon as a result of inflation fears and concerns about demand returned.
How Will Iran’s Return To Oil Markets Impact Prices?
The United States and Iran are in the final stages of agreeing on a new nuclear deal that could see the return of Iranian crude on international markets,…
Oil Prices Slip After Powell Warns Of Higher-For-Longer Interest Rates
Crude oil prices began to slip on Friday after Federal Reserve Chair Jerome Powell spoke for a mere 8 minutes, warning that there would be pain ahead. “While higher interest…
Middle East Producers Cautious With Price Hikes Amid Recession Fears
The life of Middle Eastern national oil companies was just too good to continue as previously, raking in unbridled profits amidst triple-digit oil prices. September 2022 is unlikely to change…
Oil Prices Flat As OPEC Reveals Export Increase
Crude oil exports by OPEC members have gone up by more than 200,000 bpd so far in August, PetroLogistics data has shown, as cited
Two Oil Price Crashes Later, Shale Investors Are Finally Being Paid
Some early investors in the Texas shale patch are now reaping the benefits of not giving up on the Permian basin over the past decade and sticking with…
Brent Crude Zooms Towards $100 As OPEC+ Leaks That It May Cut Production Again
Two months ago, we said that with oil tumbling from its post-Ukraine war highs, it's only a matter of time before OPEC+ makes a mockery of the Biden-MBS "amicable" fistbump...
Oil Has Become Too Volatile For Traders
Price volatility is a trader’s bread and butter, but in oil, volatility is becoming excessive, pushing traders away and making life harder for a lot of businesses that…
Oil Dips As Fear Of Recession Prevails On Market
After two days of gains, oil prices turned lower early on Friday, weighed down by lingering concerns about recession in major economies and a strong dollar, which makes crude more…
Oil Prices Rally As Traders Focus On Tight Supply Outlook
Crude oil prices resumed their climb on Thursday, reclaiming some of the ground lost over the last month. At 1:30 p.m. ET, the WTI benchmark was trading at $91.09, a…
Barclays Slashes Oil Price Forecast To $103 Per Barrel
Resilient Russian oil supply and an expected surplus on the market prompted Barclays to slash its Brent oil price forecast to $103 per…
Oil Drops 5% On Disappointing Economic Data From China
Oil prices fell sharply on Monday, dragged down by disappointing economic data from the world’s largest crude oil importer and the world’s second-largest crude oil consumer. The price of WTI…
Goldman Sachs Cuts Oil Price Forecast To $110 This Quarter
Goldman Sachs revised down its Brent price forecast for this quarter to $110 a barrel, down from a previous projection of $140 per barrel, but the investment bank still…
Dodgy Demand Data? The Oil Price Collapse Conspiracy
WTI crude oil prices fell to their lowest point since early February on Thursday, giving up virtually all gains since Russia invaded Ukraine. WTI crude…
Oil Prices Climb Even As Payroll Report Surprises
The price of crude oil rose on Friday, balking at the July U.S. jobs report, which suggested that the Federal Reserve could tighten further and limit the…
Oil Prices Fall To $90, But It’s Not Enough For Biden
After touching the highest level since 2009 above $130/bbl, oil prices have pulled back sharply over the past two months with both Brent and WTI crude currently trading…
