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... price for the U.S.’s prolific West Texas Intermediate (WTI). In today’s RBN blog, we discuss the details and ... oil exports was lifted more than six years ago, and, with Russia's war on Ukraine and its repercussions, U.S. exports are even more ...
Jaime Brito - Published August 10, 2022
Jason Lindquist The global reaction to Russia’s invasion of Ukraine was swift, with calls of condemnation and plans ... and a significant thorn in the side of President Biden. WTI crude oil zipped past $100/bbl shortly after Russia’s ...
Jason Lindquist - Published July 14, 2022
... a higher premium to US benchmark West Texas Intermediate (WTI) in 2010. The Brent premium widened out as far as $28/Bbl ... crude or be limited to current output around 160 Mb/d. The Ukraine crisis is also underpinning European crude prices since Russia provides as much as 35 percent of European supplies. ...
Sandy Fielden - Published June 10, 2014
... widespread concern in recent months, made worse after Russia’s invasion of Ukraine that added even more uncertainty to the market. With ... oil prices have been on a steady rise over the last year. WTI settled at $104.25/bbl on Wednesday, up from about ...
Jason Lindquist - Published April 13, 2022
... the last hour of trading to settle a hair above $99. Even WTI touched $100/bbl briefly. The market has been buzzing ... to acknowledge the terrible human tragedy unfolding in Ukraine. We are living through a defining moment in history, ... years ago, on September 5, 2014 — a few months after Russia invaded Ukraine’s Crimean Peninsula — that Brent ...
Rusty Braziel - Published February 24, 2022
... 2021 (red line). The differential blew out following Russia’s invasion of Ukraine on February 24, 2022, peaking at $5.85/bbl in July ... and the differential narrowed. It is likely that Midland WTI deliveries into the Brent complex which started in May ...
RBN Team - Published October 9, 2023
... price spread of U.S. Gulf Coast diesel over crude oil (MEH WTI Houston) has surged over the past four weeks from $20/bbl ... 2023 (left graph below) when the market was responding to Russia’s invasion of Ukraine and the global recovery from Covid. U.S. diesel ...
RBN Team - Published July 21, 2025
... emphasis on ESG, a hydrocarbon-averse administration, and Russia’s war on Ukraine combined to put “reasonable expectations” in the ... between the two-month trailing average monthly price of WTI and the oil rig count. The left graph in Figure 1 shows ...
Housley Carr - Published March 29, 2022
Kevin Waguespack Russia supplied significant volumes of crude oil and refined ... oil movements to Europe following Putin’s invasion of Ukraine 13 months ago with an eye on the specific grades that ... than half of the total. An even lighter and sweeter grade, WTI Light (WTL), was the second-largest source, followed by ...
Kevin Waguespack - Published April 3, 2023
David Braziel Russia’s war on Ukraine turbocharged global crude oil prices and spurred ... haven’t seen since COVID hit two years ago. The price of WTI at the Cushing hub in Oklahoma — the delivery point for ...
David Braziel - Published March 10, 2022
... price discount for Western Canadian Select (WCS) versus WTI at Cushing blew out to more than $30/bbl — 2.5x ... to a deadly refinery fire in Ohio to the aftereffects of Russia’s invasion of Ukraine, including releases from the U.S.’s Strategic ...
Housley Carr - Published October 26, 2022
... overnight, the world changed on February 24, when Russia invaded Ukraine. Prior assumptions about energy security were out the ... happened. Inventories are still on the low side, but the WTI crude oil price has declined from the $120s to the ...
Rusty Braziel - Published December 29, 2022
... of supplies once the global economy reawakened. Figure 1. WTI, Natural Gas and NGL Prices Since January 2021. Source: ... supply and the imbalance has only been exacerbated by Russia’s war on Ukraine and its side effects. Prices have skyrocketed, as ...
Jason Lindquist - Published May 26, 2022
... of supplies once the global economy reawakened. Figure 1. WTI, Natural Gas and NGL Prices Since January 2021. Source: ... supply and the imbalance has only been exacerbated by Russia’s war on Ukraine and its side effects. Prices have skyrocketed, as ...
Jason Lindquist - Published May 29, 2022
... despite growing supply-and-demand imbalances. Then Russia’s horrific invasion of Ukraine changed everything, with energy markets smack dab in ... markets. The left graph shows the front-month price for WTI crude at Cushing and Monday’s forward curve for same. ...
Rusty Braziel - Published April 4, 2022
Monkey Wrench, Encore Edition - Energy Transition Slams into Energy Reality Slams into War in Europe
... despite growing supply-and-demand imbalances. Then Russia’s horrific invasion of Ukraine changed everything, with energy markets smack dab in ... markets. The left graph shows the front-month price for WTI crude at Cushing and Monday’s forward curve for same. ...
Rusty Braziel - Published April 14, 2022
Housley Carr WTI is selling for north of $120 a barrel, gasoline and ... than $4.10 and $4.80 a gallon, respectively, and, with Russia continuing its unprovoked war against Ukraine, it’s hard to imagine prices for hydrocarbons ...
Housley Carr - Published March 8, 2022
... weeks. For most of 2020 and ’21, the rise in Brent and WTI was tied to a disconnect between rapidly rebounding oil ... been a response to the market uncertainties created by Russia’s invasion of Ukraine and the resulting sanctions against Russia imposed by ...
Housley Carr - Published March 23, 2022
... increases in crude oil and gasoline prices that followed Russia’s invasion of Ukraine in February — and the sanctions that were ... goals are being achieved, starting with prices. Figure 1. WTI Crude Oil Settlement Price, 2021-22. Source: RBN Chart ...
Jason Lindquist - Published October 4, 2022
... CME/NYMEX futures contract for West Texas Intermediate (WTI) — one of the most widely and actively traded physical ... Market fundamentals went in the opposite direction after Russia’s invasion of Ukraine in February 2022. The price of WTI shot up to ...
Jason Lindquist - Published November 18, 2024