 |
Louisiana Light • 2 days | 78.76 | +2.71 | +3.56% | ||
|
Bonny Light • 53 days | 78.62 | -2.30 | -2.84% | ||
|
Opec Basket • 2 days | 77.23 | +0.19 | +0.25% | ||
|
Mars US • 343 days | 75.14 | -1.33 | -1.74% | ||
|
Gasoline • 4 hours | 2.152 | +0.001 | +0.03% |
|
Bonny Light • 53 days | 78.62 | -2.30 | -2.84% | ||
|
Girassol • 53 days | 79.56 | -1.80 | -2.21% | ||
|
Opec Basket • 2 days | 77.23 | +0.19 | +0.25% |
|
Peace Sour • 10 hours | 71.10 | +2.61 | +3.81% | ||
|
Light Sour Blend • 10 hours | 71.30 | +2.61 | +3.80% | ||
|
Syncrude Sweet Premium • 10 hours | 77.45 | +2.61 | +3.49% | ||
|
Central Alberta • 10 hours | 72.35 | +2.61 | +3.74% |
|
Eagle Ford • 2 days | 72.33 | +2.61 | +3.74% | ||
|
Oklahoma Sweet • 2 days | 72.25 | +2.50 | +3.58% | ||
|
Kansas Common • 2 days | 62.68 | +2.61 | +4.34% | ||
|
Buena Vista • 3 days | 79.02 | -0.33 | -0.42% |
Breaking News:
Is It Time to Turn Bullish on Oil?
What we have is a…
Fears of World War III Are Greatly Exaggerated
Claims that we are on…
OPEC+ Spare Capacity Could Cushion Oil Markets
Significant escalation and a direct…
Global Energy Alert
Oil Majors Are Facing a Major Dilemma
Big Oil Braces for Impact as Pace of Buybacks Becomes Untenable-…
OPEC+ Spare Capacity Could Cushion Oil Markets
The crude oil market faces a critical juncture, driven by escalating geopolitical tensions in the Middle East and questions over global spare production capacity. Traders are caught between the potential…
Libya Restarts Oil Production and Exports... For Now
Politics, Geopolitics & Conflict On Thursday, Libya’s parallel eastern government (Haftar clan) lifted the force majeure on output and exports just hours after a deal was reached for two compromise…
Is It Time to Turn Bullish on Oil?
The last time I wrote here about crude, it was to explain why oil had dropped that week on what looked, on the surface, like bullish news. In that piece,…
Fears of World War III Are Greatly Exaggerated
Imminent war makes for great headlines, but they roil oil markets that are already operating at the height of disconnect, contradiction, and confusion. The whipsaw nature of oil…
Rumors of a Saudi Production Hike Boost Bearish Sentiment in Oil Markets
Crude Oil Weekly Recap: Key Events Driving Price Movements This week, light crude oil (WTI) prices experienced notable volatility, shaped by a series of major global events that put pressure…
Diplomatic Warfare Is Intensifying in South America
Politics, Geopolitics & Conflict Libya remains gridlocked this week, with a UN-mediated agreement between the rival sides on the appointing of a yet-to-be-determined head of the Central Bank that both…
My Top Energy Play After the Fed’s Rate Cut
Last week, the Fed did something that surprised the markets to some extent. The fact that they cut interest rates at the September meeting was certainly not a surprise. Many…
A Dangerous Game of Red Sea Influence
Russia-Ukraine, Israel-Gaza, and the relentless targeting of Red Sea shipping by Yemen’s Houthis are not micro conflicts unfolding in a vacuum, and the Horn of Africa is where…
A Huge Problem for the U.S. Refining Industry
COP29 Bets on Energy Storage as Funding Talks Hit a Roadblock - Azerbaijan’s COP29…
Crude Oil Futures Surge as Bullish Sentiment Builds
Light crude oil futures have rallied sharply this week, supported by multiple key factors. The U.S. Federal Reserve’s aggressive rate cut, escalating geopolitical tensions between Israel and Hezbollah, and a…
Tensions Between Israel and Hezbollah Reach Fever Pitch
Politics, Geopolitics & Conflict South Sudan said this week that it had cut a deal with the SAF (Sudanese Armed Forces) in neighboring Sudan to resume crude oil exports, which…
A Relatively Safe Dividend Stock to Avoid Political Risk
Long-term investing in anything in the run up to a US election is a risky proposition, but stocks in the energy sector are particularly prone to post election volatility. The…
The Market May Be Misinterpreting Libya's Oil Blockade
Claims that the rival governments in Libya will soon resolve their differences and entirely lift the blockade on oil exports put in place by the Haftar clan in…
An End To a Four-Week Losing Streak for Oil?
Crude Oil Prices Recap: Key Drivers of Last Week's Market Movements This week, crude oil prices experienced notable volatility, with a mix of supply-side disruptions and ongoing demand concerns shaping…
How Significant is Pakistan's Oil Discovery?
Politics, Geopolitics & Conflict- North Korea used its state news agency to send a message that it is enriching uranium for nuclear weapons. The news agency published a…
My Number One Pick to Prepare for a Bounce in Crude
I have, for a few weeks now, been saying that I expected crude to move lower based on questions about demand, particularly from the US and China, the world’s two…
Washington Reacts To Russia's Kursk Counteroffensive
Several developments have taken place this week on the Ukraine-Russia war front that threatens to cross a rather significant “red line” in what has been a rather slow…
What Will It Take for Oil Prices to Rally Back Above $71.02?
Weekly Recap and Forecast: Light Crude Oil Futures Light Crude Oil futures came under significant selling pressure this week, breaching key support levels and intensifying bearish sentiment. After breaking through…
Libya's Oil Problems Are Far From Over
Politics, Geopolitics, & Conflict Libya’s exports remain blocked, and while there were some reports that some oil was getting out, it was largely for domestic use and some…
