WTI Crude

Loading...

Brent Crude

Loading...

Natural Gas

Loading...

Gasoline

Loading...

Heating Oil

Loading...

Rotate device for more commodity prices

Alt Text

Are Natural Gas Prices About To Fall?

While the natural gas market…

Alt Text

Oil Markets Caught By Surprise

As the world comes to…

Alt Text

Australia Positioned For Asian Plastics Boom

Naphtha, a product of oil…

News

Alt Text

Bad News For Glut As US Offshore To Hit Record In 2017

Jun 24, 2016 at 17:47 | Charles Kennedy

Companies pumping oil from the Gulf of Mexico will ramp up production in coming months, propping up American output, despite efforts to curb production and…

Alt Text

Colombia’s Ecopetrol to Auction Off 20 Oil and Gas Blocks

Jun 24, 2016 at 17:08 | Erwin Cifuentes

Ecopetrol, Colombia’s largest state-run oil company, has announced its plans for an electronic auction of twenty gas and oil blocks to be held on 30…

Alt Text

Gazprom Expects Profits To Triple Despite Low Oil Prices

Jun 24, 2016 at 14:42 | Matt Slowikowski

After posting an 86 percent drop in net profit of 159 billion rubles ($3.07 billion) in 2014, the Russian gas giant has posted margins of over 10…

Alt Text

API Lobbies For Arctic Drilling To Remain On the Table

Jun 24, 2016 at 14:11 | James Burgess

The American Petroleum Institute (API) and other energy industry groups are urging the U.S. government not to remove Arctic offshore drilling from the table through 2022, despite…

Alt Text

Lebanon Gets Seismic As Israel Prepares To Develop Massive Gas Field

Jun 24, 2016 at 12:41 | Charles Kennedy

Seismic surveys now show that Lebanon’s portion of the prolific Levant Basin is showing promising oil and gas reserves, as the country lags far behind Israel in tapping…

Alt Text

CVS pharmacies Chevron and Exxon's Rockefellers State Street andNigeria’s Riches

Jun 24, 2016 at 12:26 | Lincoln Brown

Aliko Dangote, arguably the richest man in Africa, has plans to build Nigeria’s first privately-owned crude oil refinery while also doubling his cement operations. Speaking to Reuters,…

Alt Text

Police Confirm Attack On Shell Facility In Nigeria

Jun 24, 2016 at 09:15 | Lincoln Brown

Police in the area of Imo in Nigeria have confirmed that there has been an attack on a Shell Petroleum Development Company (SPDC) facility there. The attack, which…

Alt Text

ISIS Oil Ministry Headquarters In Iraq Destroyed In 34 New Strikes

Jun 23, 2016 at 16:48 | Zainab Calcuttawala

Twelve ground and air strikes in Syria and 22 in Iraq, conducted by the United States-led coalition against the Islamic State, targeted the terrorist organization’s lucrative oil…

Alt Text

$5B Panama Canal Expansion Opens Sunday, Promising To Change Global Trade

Jun 23, 2016 at 15:24 | James Burgess

As the Panama Canal prepares to inaugurate its first-ever expansion on Sunday with a price-tag of US$5.25 billion, news agencies are lauding it as a game-changing…

Alt Text

Venezuela Oil Production Faces Worse-than-Estimated Decline

Jun 23, 2016 at 14:53 | Erwin Cifuentes

Venezuela’s sliding oil output may be tumbling at a rate faster than initially anticipated and production could soon reach a 27-year low. As mentioned by Argus Media…

Oilprice - The No. 1 Source for Oil & Energy News