Bearish News Fails To Subdue Oil Prices
Despite a week of bearish news for oil markets, both WTI and Brent saw significant rallies on Friday morning
WTI Crude •16 hours | 62.41 | +1.16 | +1.89% | |
Brent Crude •16 hours | 66.05 | +1.10 | +1.69% | |
Natural Gas •16 hours | 2.716 | +0.004 | +0.15% | |
Mars US •16 hours | 60.99 | +1.20 | +2.01% | |
Opec Basket •2 days | 62.24 | +0.27 | +0.44% | |
Urals •2 days | 61.65 | +0.00 | +0.00% | |
Louisiana Light •2 days | 63.71 | +0.24 | +0.38% |
Marine •1 day | 61.48 | +0.30 | +0.49% | |
Murban •1 day | 64.98 | +0.30 | +0.46% | |
Iran Heavy •1 day | 60.13 | +0.91 | +1.54% | |
Basra Light •1 day | 62.12 | +1.07 | +1.75% | |
Saharan Blend •1 day | 65.50 | +0.88 | +1.36% | |
Bonny Light •1 day | 66.49 | +0.85 | +1.29% |
Canadian Crude Index •15 hours | 40.50 | +0.00 | +0.00% | |
Western Canadian Select •2 days | 34.19 | -0.87 | -2.48% | |
Canadian Condensate •2 days | 63.39 | -0.32 | -0.50% | |
Premium Synthetic •2 days | 61.44 | +0.23 | +0.38% | |
Sweet Crude •2 days | 55.19 | -0.32 | -0.58% | |
Peace Sour •2 days | 52.69 | +0.23 | +0.44% |
Louisiana Light •2 days | 63.71 | +0.24 | +0.38% | |
Domestic Swt. @ Cushing •1 day | 58.75 | +1.00 | +1.73% | |
Giddings •1 day | 52.50 | +1.00 | +1.94% | |
ANS West Coast •3 days | 64.82 | +0.21 | +0.33% | |
West Texas Sour •1 day | 56.29 | +1.15 | +2.09% | |
Eagle Ford •1 day | 60.24 | +1.15 | +1.95% |
Despite a week of bearish news for oil markets, both WTI and Brent saw significant rallies on Friday morning
The oil rig count rebounded after last weeks drop, but oil prices were undeterred, climbing slightly despite the news
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