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-1.09 (-1.91%)
At Close: Jun 04, 2026
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
A Crude Future View From The Crude Curve
12:13pm, Wednesday, 15'th Apr 2020
Near nine in ten Americans are now concerned about the economy. It isn't just the nature of the economic shutdown, it's what might come afterward. While stocks
U.S. crude supply rose 13.1M barrels last week, API says
09:10pm, Tuesday, 14'th Apr 2020
The American Petroleum Institute reportedly shows a build of 13.4M barrels of oil for the week ended April 10, its third consecutive increase.Gasoline inventories reportedly show a build of 2.23M barr
OPEC+ Production Cuts: Way Too Little, Way Too Late
04:04pm, Tuesday, 14'th Apr 2020
Global oil storage capacity is filling rapidly due to a temporary jump in output combined with a massive decline in demand due to the COVID-19 pandemic. Recentl
The OPEC+ Production Cut Is A Farce And The Saudi OSP Announcement Made It More So
10:49pm, Monday, 13'th Apr 2020
The OPEC+ production cut is a farce and is meant to placate Trump. Saudis are still pressuring the Russians by keeping OSP cut to Europe the same month-over-mon
If You Regretted Not Investing More In March, Invest In Oil Now
09:38am, Monday, 13'th Apr 2020
As those who have listened to us would know, OPEC clearly doesn't find current oil prices sustainable, and the waves of production cuts have begun. Simultaneous
Crude prices pull back from earlier gains as output deal 'too little too late'
09:23am, Monday, 13'th Apr 2020
Crude oil prices (CL1:COM) are mixed in volatile trading after OPEC and its allies finally agreed to cut production by 9.7M bbl/day, but gains are limited by concerns that the cuts will not be enough
International Economic Week In Review For 4/6-4/10
10:34pm, Sunday, 12'th Apr 2020
There might be a deal in the oil market to cut production. Several global organizations are upping their assistance programs. The global equity markets has a go
OPEC reaches compromise with Mexico to finalize oil deal
06:10pm, Sunday, 12'th Apr 2020
OPEC+ ministers reportedly have reached an agreement to cut oil production, agreeing to a 9.7M bbl/day reduction with a cut for Mexico of just 100K bbl/day instead of the 400K bbl/day sought in the gr
Weekly Energy Recap: It Is Too Early To Prejudge The Largest Oil Output Cut In History
10:38am, Sunday, 12'th Apr 2020
OPEC+ has made the largest oil output cut in history. It is still too early to know if the agreed 10 million barrel per day (bpd) output cut from OPEC+ producer
WTI Weekly: Key Resistance Holds Early Week Before Pullback Toward Key Support
07:40pm, Saturday, 11'th Apr 2020
A meaningfully lower open in Sunday’s auction resulted in balance trade Monday below last week’s key resistance, 29.13s. A pullback developed to 23.54s into Wed
Day three and still no oil deal
07:01pm, Saturday, 11'th Apr 2020
OPEC+ delegates say the alliance made some progress in its talks with Mexico about oil-production cuts, but a deal at this point is not yet imminent.Mexican President Andres Manuel Lopez Obrador, know
Analyzing Current Utilization And Day Rate Trends In The Offshore Drilling Industry - March 2020 Edition
10:00am, Saturday, 11'th Apr 2020
There are certainly some signs of recovery across the offshore drilling industry, although it is a weak recovery. Ultra-deepwater in particular is showing some
No oil market fix from today's G-20 meeting
02:25am, Saturday, 11'th Apr 2020
G-20 energy ministers failed today to devise a detailed plan to follow OPEC+ nations by cutting production to stop plunging oil prices caused by the Saudi-Russian price war and Covid-19.OPEC+ had ho
Mexico makes production deal with Trump, part of OPEC+ agreement
01:55pm, Friday, 10'th Apr 2020
Mexico has reached an agreement on oil production cuts (CL1:COM) with OPEC+ after Pres. Trump intervened to resolve the impasse.Mexican Pres. Lopez Obrador says Trump "generously" committed to
