$56.01
-1.09 (-1.91%)
At Close: Jun 04, 2026
Front-month oil drops to negative territory
06:30pm, Monday, 20'th Apr 2020
May WTI crude oil is now down to -$3.97 per barrel. It makes for a cool headline, but the benchmark contract is June, and that's changing hands at $22 per barrel.As for why May has gone negative, cons
Why WTI Crude Is Crashing So Much Today
03:52pm, Monday, 20'th Apr 2020
Today, crude is crashing hard. Or more precisely, front month WTIC crude is crashing. Brent and other maturities aren't falling anywhere to the same extent. Thi
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
Oil: Winter Is Coming In The Shale Patch
10:23am, Monday, 20'th Apr 2020
We reconfirm the business case for oil in an energy hungry world. We venture a guess about the lasting impact of the coronavirus on people's behavior. Document
Oil continues downward spiral as demand gloom persists
03:07am, Monday, 20'th Apr 2020
U.S. crude oil (CL1:COM) drops below $15/bbl for the first time since 1999 in early trading, extending last week's drop due to shrinking demand and concerns that U.S. storage facilities will soon fill
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
USO, OIL, TQQQ and SQQQ among weekly ETF movers
03:51am, Saturday, 18'th Apr 2020
Gainers: DB Crude Oil -2X ETN Powershares (NYSEARCA:DTO) +81.4%.BMO Rex Microsectors Fang Index 3X Leveraged Ex (NYSEARCA:FNGU) +35.0%.Direxion S&P Biotech Bull 3X (NYSEARCA:LABU) +30.2%.Ultrashor
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.
OPEC March 2020 Production Data
08:09am, Friday, 17'th Apr 2020
Though OPEC 13 was up 821,000 barrels per day in March, it was still the fourth lowest month in 9 years. Iran, Libya, and Venezuela are exempt from the agreed o
Oil Price Collapse Is Far From Over... But Now The U.S. Has A Role
07:48am, Friday, 17'th Apr 2020
According to The New York Times, the final reduction figure was in the region of a 9.7 million barrels because Mexico held out against a full 400,000-barrel cut
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
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