 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 15 mins | 2.759 | +0.001 | +0.04% |
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 2 days | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 14 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 14 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 14 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 14 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Will Namibia Become OPEC’s Newest Member?
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Zombie Fires Pose Looming Threat to Canada’s Oil and Gas Infrastructure
Canada faces an escalating threat…
Energy / Crude Oil
Why The Argentinian Shale Boom Isn’t Taking Off
The Vaca Muerta shale play in Argentina has been a hot spot in global oil and gas for the past few years after exploration suggested it could yield oil and…
Saudi Arabia, Iraq Prepared To Reverse Oil Production Cuts
Saudi Arabia is ready to start pumping more oil if the United States indeed ends the sanction waivers they granted eight Iranian oil importers last November, Reuters reports, citing…
Why Russia Fails To Speed Up Production Cuts
Russia’s crude oil production stood at around 11.24 million bpd in the first 18 days of April, Reuters reported on Friday, citing an industry source. This means that the…
Exxon Makes Another Discovery In This New Oil Hotspot
ExxonMobil has made its 13th oil discovery in the newest hotspot offshore South America, Guyana, striking oil at the Yellowtail well, which adds to…
Can Big Oil Win Back The Younger Generations?
A recent Bloomberg headline must have made many who saw it wonder if it’s April’s Fools Day for the second time this year. The headline said Namaste, Oil Drillers:…
China’s Newest Oil Hotspot Is In America’s Backyard
Chinese state-run news agency Xinhua said on Tuesday that an affiliate of Chinese oil major CNPC, Great Wall Drilling, was drilling for oil off Cuba’s coast as part of…
Key Oil Demand Driver Set For Boost Later This Year
The oil price rally so far this year was as much a result of tightening supply as it was a sign of oil demand growth holding resilient and defying doom-and-gloom…
Libya’s Fragile Oil Renaissance Is Under Threat
Libya’s oil production has yet to suffer disruptions, even as oil prices have climbed on fears of potential outages. However, the longer fighting drags on, the more likely Libya’s oil…
U.S. Shale Is Upending Crude Flows In This Oil Frontier
The U.S. shale boom is upending global oil markets as far as crude flows from West Africa to Europe and other parts of the world, and is squeezing in particular…
Oil Rebounds On Bullish Inventory Data
Crude oil prices inched higher after the Energy Information Administration today reported a 1.4-million-barrel crude draw, accompanied by a draw in gasoline stockpiles. These, according to the authority, shed…
Could This Be The Next High Profile Permian Takeover?
Chevron put the Oilfield M&A game in motion on Friday, with their announcement of a cash and stock offer for Anadarko Petroleum. The oil industry is ripe for some M&A…
Red Hot Permian Set To Jolt U.S. Shale Output To New Record
Crude oil production from the seven key shale regions in the United States is expected to increase by 80,000 bpd from April to hit a record 8.46 million bpd in…
This New Oil Hotspot Is Replacing Venezuelan Crude
The U.S. sanctions on Venezuela’s oil industry have tightened the global heavy to medium crude oil market, sending oil buyers scrambling for alternatives to the heavy Venezuelan oil. Refiners…
Did Russia Just Call The End of The OPEC Deal?
OPEC and heavyweight Russia may fight America for its share of the oil market, Russia’s Finance Minister Anton Siluanov told TASS on Saturday, even if it means quitting the OPEC…
‘’Rock Solid’’ Chinese Demand Boosts Oil Prices
The oil market is dramatically tighter than it was only a few months ago, driven by both supply cuts and outages, as well as by the surprising “resilience of demand,”…
Permian Takes The Crown As World’s Top Oil Field
Last week Saudi Aramco — the national oil company of Saudi Arabia and the world’s largest oil company — lifted a veil of secrecy around the company’s operations. For the…
Is This The End Of The OPEC Deal?
Oil prices ran into a brick wall on Thursday, falling more than 1 percent on news that U.S. inventories jumped and OPEC may be considering an exit from its production…
BP Pulls Out Of China’s Shale Patch
BP is set to become the latest international major to quit drilling for shale gas in China because of poor exploration drilling results so far, Reuters reported on Thursday,…
Shale Jobs In Jeopardy Despite Oil Price Rally
Oil prices are climbing to new heights, but many shale companies are not exactly riding high. U.S. shale drillers have run into a series of problems that have resulted…
Oil Rallies As OPEC Production Falls
The below OPEC charts were taken from data in the OPEC Monthly Oil Market Report. All data is through March 2019 and is in thousand barrels per day.
