$23.76
-1.35 (-5.38%)
At Close: Jun 03, 2026
After Price Wars And A Pandemic, What's Next For U.S. Shale?
11:49am, Tuesday, 21'st Apr 2020
Starting October 2018, well before the spread of the novel coronavirus, the price of oil began slipping. Following the 9.7 million bpd production cut announced
Oil Drilled Below Zero, Equity Rally Stalls, Greenback Advances
11:13am, Tuesday, 21'st Apr 2020
The dollar is trading at three-day lows against the Japanese yen near JPY107.25. The claimant count in the U.K. in March edged up to 3.5% from a revised 3.4% in
Gas Prices Vs. Crude Oil
11:02am, Tuesday, 21'st Apr 2020
With oil in the midst of what could be its sharpest downturn in history, it’s not a surprise to see that gas prices at the pump have also been declining. The na
Oil Prices Actually Have Not Collapsed
10:46am, Tuesday, 21'st Apr 2020
If you've been alarmed by the headline Oil plunges below $10/bbl, don't be. It's only a temporary phenomenon, brought on by the sudden collapse of oil demand. I
June WTI crude oil plunges 40%
09:59am, Tuesday, 21'st Apr 2020
May WTI crude contracts (that expire today) crashed into negative territory for the first time ever on Monday, with markets awash in so much crude that storage space is becoming harder to find.Demand
A Deep Dive Into Crude Oil's New Black Monday
04:39am, Tuesday, 21'st Apr 2020
Crude oil's decline into deeply negative territory was triggered by the expiration of May WTI contracts. Going into Monday, there was an immense buildup of spec
Coronavirus Roundtable - Framing The Unknown (Video)
11:15am, Monday, 20'th Apr 2020
We continue our coronavirus roundtable series with Lawrence Fuller. He presents his downside target and makes the case for why, and talks about how the stimulus
Weekly Energy Recap: OPEC+ Picks Jaw Jaw Not War War
03:39pm, Sunday, 19'th Apr 2020
Global storage capacity will start to ebb after governments sought to fill their strategic reserves. US crude oil stocks recorded their largest weekly increase
WTI Weekly: Key Support Failed Early Week As A Pullback Tested Major Support
01:04pm, Sunday, 19'th Apr 2020
Buyers trapped in Sunday’s auction before a sell-side breakdown through key support developed to 22.51s. Selling interest emerged, 22s, in Tuesday’s auction as
Crude Oil Held In Sea Storage Hits New Record At 160 Million Bbls
10:22am, Sunday, 19'th Apr 2020
Shipping sources said oil held in floating storage on tankers had reached at least 160 million barrels including 60 supertankers. Smaller tankers were also bein
Crude at lowest level in two decades
10:00am, Friday, 17'th Apr 2020
WTI crude oil contracts for May delivery slumped 9% overnight to $18.03/bbl after OPEC economists slashed their global demand forecasts and the Energy Department said domestic producers had boosted U.
What Oil Catastrophe?
01:14am, Friday, 17'th Apr 2020
Right now, oil investors are scared of the massive decrease in global demand. This view appears to be too shortsighted if the EIA's estimates are anywhere near
Crude Oil Is All About Demand
01:00pm, Thursday, 16'th Apr 2020
OPEC's recent agreement has amounted to an almost ten million barrel per day output cut. We're seeing unprecedented declines in demand. Inventories are rising.
Smarter Investing In Better Crude
07:34pm, Wednesday, 15'th Apr 2020
Equity investors can limit stranded asset risk and improve expected return potential from O&G investments by allocating capital to inherently low carbon footpri
Crude Oil Options Are Predicting Lasting Volatility
01:13pm, Wednesday, 15'th Apr 2020
The oil options markets are sending plenty of signals about market expectations for the longer-term impact of COVID-19. Global demand for many of the refined pr
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