 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.735 | +0.010 | +0.36% |
|
Bonny Light • 2 days | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 2 days | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 14 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 14 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 14 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 14 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
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Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
U.S. Oil and Gas Boom Poses Challenge to Climate Goals
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Will Namibia Become OPEC’s Newest Member?
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Energy / Crude Oil
The Future For Oil Producer Romania Looks Bleak
Europe’s upstream segment has two main challenges – environment-related long-term objectives that gradually narrow down oil companies’ maneuvering ability in terms of where/what they can drill and deficit-ridden governments trying…
Could Iraq Really Become OPEC’s Largest Oil Producer?
Iraq’s Oil Minister, Ihsan Abdul-Jabbar, announced last week that the country plans to increase its oil production capacity to 8 million barrels per day (bpd) by 2029, compared…
Oil Prices Steady Despite Surprise Crude Build
Crude oil prices saw a tiny dip after the Energy Information Administration reported an inventory build of 600,000 barrels for the week to April 16. This compared with…
Will COVID Derail The World’s Hottest Offshore Oil Boom?
During a difficult 2020, Brazil’s hydrocarbon sector demonstrated its resilience in the face of a price crash and the COVID-19 pandemic. Even those events along with heightened geopolitical…
Oil Traders Slash Positions In Crude Futures As COVID Infections Soar
The continuing increase in Covid-19 infections in many parts of the world deepened concern among traders about the future of demand, which led to an outflow from oil…
World’s Largest Oil Trader Expects Strong Demand Rebound This Year
Global oil demand is set for a rebound between now and the end of next year, with consumption expected to rise from current levels by as much as 8 million…
Libya's Oil Production Falls Below 1 Million Bpd On Export Terminal Outage
Libya’s National Oil Corporation has declared force majeure on the port of Hariga due to lack of funds for infrastructure repairs, pushing the country’s crude oil production below 1…
Deeply Discounted Crude Becomes Headache For OPEC
If you ask an oil major what the last five years have been like, they would probably have something to say about price crashes and demand destruction. If…
Is This The End Of The Covid Oil Glut?
Recovering economies and increased fuel demand have helped the enormous oil glut from this time last year to shrink to levels that could be further reduced with global…
China's Oil Buying Frenzy May End This Month
Higher Chinese crude oil imports and increased domestic production led to a jump in crude volumes directed to storage in the world’s top oil importer in March, according to calculations…
Why Libya’s Oil Production Could Drop This Week
Libya’s crude oil production, which has stabilized in recent months at just over 1.2 million barrels per day (bpd), could drop in the coming days and possibly weeks after a…
The Best Is Yet To Come For The World’s Hottest Oil Play
By now, those of you who read about my top New Year’s stock pick, Recon Africa, will have learned that this small-cap explorer may have just moved one giant step…
Russia: OPEC+ To Gradually Ease Production Cuts In May-July
The OPEC+ alliance will gradually ease the collective production cuts between May and July, as the ministers agreed earlier this month, Russia’s Deputy Prime Minister Alexander Novak told reporters on…
Oil Demand Could Peak By 2026: Goldman Sachs
Despite a bullish stance on the short-term future of oil demand, Goldman Sachs has a grimmer prediction for the longer-term future of the commodity: in a Bloomberg report, the investment…
3 Oil Stocks To Watch This Spring
Oil bulls who have been praying for oil prices to cross the $70 per barrel mark to affirm a full recovery after a very encouraging 6 month-long rally have unfortunately…
Shell To Exhaust Dwindling Oil & Gas Reserves By 2040
Shell expects to have produced 75 percent of its current proved oil and gas reserves by 2030, and only around 3 percent after 2040, the supermajor
The Permian Faces An Empty Pipeline Crisis
Just a few short years ago, the United States was producing more shale oil than ever, pumping as much and as quickly as…
OPEC’s Bullish Demand Data Sparks Hope Of New Oil Rally
OPEC has revised its 2021 oil demand upward to stand 190,000 bpd higher than last month's estimates, on the back of an economic rebound that surpasses last month's outlook. Global…
China’s Oil Imports Surge Ahead Of Refinery Maintenance Season
China imported 11.69 million barrels of crude oil daily last month, up by 21 percent on the year, Reuters has reported, citing official customs data. Earlier this month, energy…
Saudi Arabia’s Breakeven Oil Price To Drop To $65 Next Year
Higher oil prices and an expected rebound in the global economy and oil demand are set to lower the fiscal breakeven oil price of the major Middle Eastern oil producers…
