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Louisiana Light • 2 days | 73.75 | +0.41 | +0.56% | ||
|
Bonny Light • 122 days | 78.62 | -2.30 | -2.84% | ||
|
Opec Basket • 2 days | 73.73 | +0.30 | +0.41% | ||
|
Mars US • 413 days | 73.93 | -1.23 | -1.64% | ||
|
Gasoline • 11 mins | 1.919 | -0.004 | -0.22% |
|
Bonny Light • 122 days | 78.62 | -2.30 | -2.84% | ||
|
Girassol • 122 days | 79.56 | -1.80 | -2.21% | ||
|
Opec Basket • 2 days | 73.73 | +0.30 | +0.41% |
|
Peace Sour • 6 hours | 62.43 | -0.64 | -1.01% | ||
|
Light Sour Blend • 6 hours | 64.28 | -0.64 | -0.99% | ||
|
Syncrude Sweet Premium • 6 hours | 67.53 | -0.64 | -0.94% | ||
|
Central Alberta • 6 hours | 62.48 | -0.64 | -1.01% |
|
Eagle Ford • 2 days | 67.06 | +0.50 | +0.75% | ||
|
Oklahoma Sweet • 2 days | 67.00 | +0.25 | +0.37% | ||
|
Kansas Common • 2 days | 57.41 | +0.50 | +0.88% | ||
|
Buena Vista • 2 days | 77.50 | +0.50 | +0.65% |
Will Trump's Second Term Bring Lasting Peace to the Red Sea?
The anticipation of Trump's second…
Oil Wobbles on Crude Inventory Draw, Large Fuel Builds
Crude oil prices fluctuated today…
Energy / Crude Oil
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Will Trump's Energy Dominance Policy Reshape U.S. Shale Production?
Following his election victory in early November, US President-elect Donald Trump has filled key positions in his upcoming administration with figures that he hopes will propel a policy…
China and U.S. Shape 2025 Oil Predictions
Doubts about oil demand growth will persist beyond 2024, and fears of a price slump will be there to keep them company. That’s according to some recent predictions about the…
Europe Tightens The Screws on Russia’s Oil Trade
European countries are ramping up sanctions pressure on Russia as they look to reduce Vladimir Putin’s oil revenues that fund the war in Ukraine. The UK and the European Union…
Oil Spill Devastates Russian Coastline After Tanker Accident
Dozens of kilometers of Black Sea coastline in Russia's Krasnodar region have been covered in heavy fuel oil, local authorities and residents reported on December…
EIA Confirms Smaller Than Expected Crude Inventory Draw
Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an inventory decline of 900,000 barrels for the week to December 13. The number compares…
Will Trump's Second Term Bring Lasting Peace to the Red Sea?
Yemen's Houthi rebels have sparked turmoil across the Southern Red Sea and Gulf of Aden for over a year, targeting Western-linked container ships, tankers, and military vessels. The…
Analysts Are Bearish on Crude Oil in 2025
Rising non-OPEC+ production and only modest growth in global oil demand will leave the market well-supplied next year, analysts say, as they remain cautiously bearish on crude oil prices amid…
Trump Tantrum Pushes Canadian Oil into Overdrive
Previously, U.S. President-elect Donald Trump threatened to impose 25% tariffs on all imports from Canada and Mexico for failure to clamp down on drugs and migrants crossing the…
Trump Presidency Heralds Warmer Ties with Saudi Arabia
The Biden presidency was not the best of times for U.S.-Saudi relations. After Biden declared Saudi Arabia a pariah state and signaled a commitment to the energy transition, the fate…
U.S. Shale Nears Limits of Productivity Gains
U.S. shale is the biggest source of oil and gas output growth on a global scale. It’s in every forecast and projection that sees continued depression in oil prices. But…
Russia's $10 Billion Shadow Armada Exposed by Ukrainian Intelligence
Ukraine has identified 238 tankers it said belong to a shadow fleet of ships that Russia is using to keep its oil and fuels moving around the world,…
Traders More Bullish on Brent Crude Following OPEC+ Decision
OPEC+’s decision to delay a rollback of production cuts agreed last year has rekindled trader interest in the commodity with a view to a tighter supply picture in 2025. The…
What The Largest-Ever Oil Deal Between India and Russia Really Means
The new Trump Administration may target Russia's recent oil deals as part of its sanctions discussions. Russia's Rosneft has signed a $13 billion annual crude oil supply agreement with Indian…
Argentina to Eclipse Colombia as Oil Production Growth Continues
Crude oil production in the Vaca Muerta shale formation in Argentina is about to hit 1 million barrels per day this decade. The forecast came recently from Rystad Energy,…
Oil Wobbles on Crude Inventory Draw, Large Fuel Builds
Crude oil prices fluctuated today after the Energy Information Administration reported an estimated inventory decline of 1.4 million barrels for the week to December 6. In fuels, however,…
Saudi Arabia and OPEC+ Brace for Impact as Trump Plans New Oil Moves
In is exceptionally difficult to imagine Saudi Arabia’s Crown Prince Mohammed bin Salman and his United Arab Emirates (UAE) counterpart Sheikh Mohammed bin Zayed al Nahyan disdaining to take an…
U.S. Oil Rig Count Rises Despite Falling Crude Prices
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday,…
Oil and Gas Industry Enters New Investment Cycle with Focus on Sustainability
The upstream oil and gas sector stands on the cusp of entering a new investment cycle — one that Rystad Energy has dubbed the ‘deliver in uncertainty’ cycle…
Why No One Wants California’s Orphaned Oil Wells
None of the three dozen sales of oil wells proposed in California this year has materialized due to the considerable clean-up costs for the wells estimated by the state’s oil…
Why China is Finally Turning Its Back on Iranian Oil
After years of abusing Iranian sanctions and flooding China's economy with cheap Iranian oil, China’s larger independent refiners are set to shun Iranian oil “imminently” because of their…
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