The recent decission taken by Saudi Arabia and Russia of abandoning OPEC production quotas has crashed the oil prices, settling a good scenario for oil traders which are forecasting huge profits from this situation, while drillers and service companies in the oilfield are still struggling with the collateral effect of this matter.
After taking the hit of last black monday on March 9th, this is how different blend prices stand up to date:
| WTI CRUDE • | 31.97 | +0.47 | +1.49% |
| BRENT CRUDE • | 35.71 | +0.51 | +1.45% |
| MARS US • | 27.85 | -3.93 | -12.37% |
| OPEC BASKET • | 33.25 | -2.46 | -6.89% |
| URALS • | 32.30 | +0.05 | +0.16% |
| LOUISIANA LIGHT • | 32.76 | -2.71 | -7.64% | |
| BONNY LIGHT • | 33.15 | -3.34 | -9.15% | |
| MEXICAN BASKET • 2 days | 23.58 | -3.82 | -13.94% | |
| NATURAL GAS • | 1.876 | +0.035 | +1.90% |