 |
Louisiana Light • 2 days | 74.72 | +0.96 | +1.30% | ||
|
Bonny Light • 1 day | 77.34 | +1.00 | +1.31% | ||
|
Opec Basket • 2 days | 75.96 | +0.72 | +0.96% | ||
|
Mars US • 9 hours | 72.84 | +1.43 | +2.00% | ||
|
Gasoline • 14 mins | 2.702 | -0.019 | -0.71% |
|
Bonny Light • 1 day | 77.34 | +1.00 | +1.31% | ||
|
Girassol • 1 day | 79.35 | +0.93 | +1.19% | ||
|
Opec Basket • 2 days | 75.96 | +0.72 | +0.96% |
|
Peace Sour • 20 mins | 68.59 | +1.43 | +2.13% | ||
|
Light Sour Blend • 20 mins | 69.89 | +1.43 | +2.09% | ||
|
Syncrude Sweet Premium • 20 mins | 78.84 | +1.43 | +1.85% | ||
|
Central Alberta • 20 mins | 68.19 | +1.43 | +2.14% |
|
Eagle Ford • 2 days | 69.39 | +0.92 | +1.34% | ||
|
Oklahoma Sweet • 2 days | 69.50 | +1.00 | +1.46% | ||
|
Kansas Common • 2 days | 63.25 | +1.00 | +1.61% | ||
|
Buena Vista • 2 days | 76.15 | -1.09 | -1.41% |
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Energy / Oil Prices
Oil Prices Rally Back Above $100
Oil prices rose by 2% early on Friday, with Brent rebounding to above $100 per barrel at the end of a very volatile week, amid reports that President Joe Biden’s…
Oil Could Climb Higher If Officials Fail To Agree On Russian Price Cap
Failure to agree on a price cap for Russian oil will push international prices higher, a U.S. government official has warned, adding that the cap would need to be accompanied…
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The UK’s Competition and Markets Authority (CMA) launched on Friday an in-depth market study of the domestic road fuel market after finding “cause for concern” in a rising gap…
Can Yellen Convince Asia To Put A Price Cap On Russian Oil?
U.S. Treasury Secretary Janet Yellen will seek support for the U.S. idea of capping Russian export crude oil prices during an upcoming visit to Asia next week, the Associated Press…
Oil Enters A Bear Market As Recession Fears Grow
For the second day in a row, oil and gas stocks emerged as the worst-performing S&P sector as U.S. crude oil futures settled…
Should You Buy The Oil Price Dip?
Oil prices nosedived alongside the broader market on Tuesday, with U.S. crude dipping to the psychologically important level of $100/bbl as growing recession fears coupled with concerns over…
Is Biden Really Responsible For High Oil Prices?
My columns tend to generate a lot of “passionate” responses from viewers. I try to correct misconceptions, as well as false statements and beliefs about the energy industry.…
Debunking The Key Misconceptions About Oil And Gas Prices
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Oil Prices Rebound As Crude Supply Tightens
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Bounce In Oil Prices Silences Bearish Calls For Crude
The past few weeks have been a disaster for oil bulls after energy stocks posted their worst performance since the start of the pandemic
Oil About To Post First Full Weekly Loss In 3 Months
As fears of a global recession deepen, oil prices may end the week with the first five-day consecutive losses since April, Bloomberg has reported, also noting the Fed’s intention to…
Are Oilfield Service Companies A Buy?
Last week, we presented a bear case for the energy sector based on the premise that oil and gas stocks could be in…
The Perfect Storm In Oil Caught Markets Off Guard
Two years ago, at the height of the pandemic, BP wrote in its annual Energy Outlook that global oil demand had peaked at…
Citi And Barclays Raise Oil Price Forecasts
Two banks—Citi and Barclays—raised their oil price forecasts on Monday, citing the effects of Russian crude oil sanctions and delays in the renewal of the Iran nuclear deal—without which there…
Oil Prices Flat As Russia Bombs Kyiv For First Time In Weeks
Oil prices were slightly down early on Monday after Russia fired missiles on the Ukrainian capital Kyiv for the first time in weeks while the battle in eastern Ukraine rages…
Russia Sees Extra $6.4 Billion Oil Revenue In June As Prices Rally
Russia expects to receive as much as $6.37 billion in additional oil and gas revenues in June, its finance ministry said on Friday, as energy commodity prices have rallied since…
Citi: Oil Is Overvalued By $50 Per Barrel
Brent crude, trading Wednesday at over $116 per barrel, should be closer to $70, according to Citi’s global head of commodity research, Ed Morse, in an interview with…
Oil Rises As Market Expects Fuel Demand To Continue Increasing
Oil prices rose early on Wednesday as China’s financial hub Shanghai reopened after a two-month strict lockdown, giving hope to oil bulls that Chinese fuel demand will rebound, while fuel…
Brent Crude Hits $120 As Driving Season Officially Kicks Off In U.S.
Brent crude oil reached $120 per barrel on Memorial Day—the official kickoff of the summer driving season in the United States. The Brent Crude July contract was…
