WTI Crude •7 hours | 16.94 | +0.44 | +2.67% | |
Brent Crude •6 hours | 21.44 | +0.11 | +0.52% | |
Natural Gas •7 hours | 1.746 | -0.069 | -3.80% | |
Mars US •6 hours | 18.69 | -0.21 | -1.11% | |
Opec Basket •2 days | 15.23 | +3.01 | +24.63% | |
Urals •23 hours | 20.50 | +2.05 | +11.11% | |
Louisiana Light •2 days | 21.06 | -30.08 | -58.82% |
Marine •23 hours | 18.68 | -0.27 | -1.42% | |
Murban •23 hours | 18.97 | -0.07 | -0.37% | |
Iran Heavy •23 hours | 12.32 | -0.95 | -7.16% | |
Basra Light •23 hours | 25.22 | -0.25 | -0.98% | |
Saharan Blend •23 hours | 14.06 | -0.16 | -1.13% | |
Bonny Light •23 hours | 16.46 | -0.82 | -4.75% |
Canadian Crude Index •5 hours | 10.67 | +0.00 | +0.00% | |
Western Canadian Select •22 hours | 1.100 | +2.720 | +-167.90% | |
Canadian Condensate •22 hours | 17.35 | +2.72 | +18.59% | |
Premium Synthetic •22 hours | 16.90 | +2.72 | +19.18% | |
Sweet Crude •22 hours | 12.25 | +2.72 | +28.54% | |
Peace Sour •22 hours | 6.500 | +2.720 | +71.96% |
Louisiana Light •2 days | 21.06 | -30.08 | -58.82% | |
Domestic Swt. @ Cushing •23 hours | 13.50 | +0.50 | +3.85% | |
Giddings •23 hours | 7.250 | +0.500 | +7.41% | |
ANS West Coast •3 days | 10.08 | +1.07 | +11.88% | |
West Texas Sour •23 hours | 10.89 | +0.44 | +4.21% | |
Eagle Ford •23 hours | 14.84 | +0.44 | +3.06% |
Nick Cunningham is an independent journalist, covering oil and gas, energy and environmental policy, and international politics. He is based in Portland, Oregon.
WTI prices may have steadied somewhat after a wild couple of days, but the physical market for crude is still collapsing. Energy stocks posted sharp…
On Tuesday, the Trump administration told the last remaining American oil companies in Venezuela that they had until December to wind down operations in the…
Dashing hopes for some oil producers who may have thought negative prices were a weird quirk, the June WTI contract fell sharply on Tuesday. During…
Oil prices crashed through zero, closing out the day at -$37 per barrel, an unprecedented meltdown. There are mitigating circumstances to these insane numbers. The…
Oil demand is expected to be down by nearly 30 million barrels per day (mb/d) in April and down by almost 10 mb/d for the…
Just days after the largest production cut in history, WTI fell below $20 per barrel. The oil world was hyper-focused on what OPEC+ might do…
Oil and gas production in the United States has peaked and is already in decline. The latest data from the EIA’s Drilling Productivity Report sees…
“The historic agreement that we saw…is only 10 mb/d. But that is only half of the story,” U.S. Secretary of Energy Dan Brouillette said on…
Argentina’s Vaca Muerta shale is on life support just weeks after the meltdown in global crude oil prices. On Thursday, the regional news outlet in…
Oil demand is set to plunge by as much as 27 million barrels per day (mb/d) in April, a decline larger than anything that has…
America’s era of “energy dominance” was brief. The slogan was always silly. Leaving aside the extensive environmental fallout, the notion that a debt-fueled drilling boom…
“We haven't seen anything like what we're experiencing today.” ExxonMobil’s CEO Darren Woods said his company is expecting oil demand to decline by 20 to…
G20 countries are set to send their oil minister for an emergency meeting on Friday, a sign that there is a chance that OPEC and…
ExxonMobil saw its credit rating downgraded by Moody’s on Thursday from Aaa to Aa1, with a Negative outlook. Two weeks ago, S&P cut Exxon’s credit…
Oil prices spiked 25 percent on Thursday after President Trump tweeted that Saudi Arabia and Russia would cut production by 10 to 15 million barrels…
The U.S. government is trying to convince Russia and Saudi Arabia to end the price war, but the Trump administration has few tools at its…
Scott Sheffield of Pioneer Natural Resources blamed ExxonMobil for blocking help from the American government for the U.S. shale industry. Exxon’s refusal, Sheffield says, is…
The outlook for U.S. shale continues to darken with WTI testing sub-$20 territory. The supply glut could grow worse as the contraction in demand continues…
Unprofitable drilling, a global recession and dwindling access to capital could lead to a decline in U.S. natural gas production this year and next. The…
Widespread misery was evident in the Dallas Fed’s latest survey, which included responses from 161 energy firms and took place from March 11-19. The quarterly…