Barchart - Mon Sep 16, 10:30AM CDT Oct WTI crude oil (CLV24) today is up +1.19 (+1.73%), and Oct RBOB gasoline (RBV24) is up +4.02 (+2.085%). Crude oil and gasoline prices today climbed to 1-week highs and are moderately higher. Today's slide in the dollar index (DXY00)...
Today's live Brent crude oil spot price, historical prices, all-time-highs and lows. Learn about how live oil market prices are determined.
Oil ETFs– exchange-traded funds are one of the most preferred financial instruments traders rely on when they want to get exposure to the oil market. These are baskets of commodities, stocks, or other assets that pool the money of all investors. Then, a benchmark is employed in order to...
imports sank and exports surged. By 2020, the US became a “net exporter” of crude oil and petroleum products (in the chart, the green line above the purple line), meaning in terms of barrels per day the US exported more than it imported....
This side of peak oil, and with the collapse, there's no more of that funny money available. So I expect the world's energy use inflection point, marking its physical point of diminishing returns, will turn out to be in the 90's sometime, once things settle down. Massagran on ...
But what is obvious from the above chart is there has been no surge in OPEC oil production. OPEC’s December production f 30,204,000 barrels per day is still more than 1.4 million barrels per day below the peaks of 2008 and 2012. Algeria is struggling to keep production relatively flat....
The chart on the right shows that OPEC discovered most of its oil prior to 1980, as shown by the green area, and only about 20 to 30 Gb from 1980 to 1990. However, over the same decade, the chart on the left shows that OPEC reserves increased by over 300 Gb, which is greater ...