 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 28 mins | 2.776 | +0.018 | +0.66% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 2 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 2 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 2 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 2 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Texas Deepwater Oil Export Projects Stall
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News
Surprise Crude Build Pushes Oil Prices Down
The American Petroleum Institute (API) on Tuesday reported a build in crude oil inventories of 436,000 barrels for the week ending April 16. Analysts had predicted a draw of
India Sees Oil Production And Refinery Output Slump In 2020, 2021
Due to the pandemic that shut down some oilfields, India’s oil production dropped by 5 percent year over year in the fiscal year between April 2020 and March 2021, while…
Arab Gulf Countries Announced $10 Billion In New Oil And Gas Projects In Q1
The Arab Gulf countries announced as much as US$10 billion worth of new projects in the oil and gas sector during the first quarter of 2021, out of the total…
Exxon Proposes $100 Billion Carbon Capture Project
Exxon has announced an ambitious carbon capture and storage project that could see the removal of 100 million tons of carbon dioxide annually by 2040. Dubbed the Houston Ship…
Caribbean Tourist Hotspot Mulls Restarting Refinery As Visitors Stay Home
Aruba, one of the many tourist magnets in the Caribbean, is mulling the restart of a crude oil refinery after the pandemic devastated the global tourist industry.…
African Oil Producer Chad Faces Instability As President Dies
Chad’s President Idriss Déby has died of injuries sustained in a clash with rebels over the weekend, the army of the central African oil producer said on Tuesday in…
Philippines Ready To Claim Oil Resources With Military
The disputed South China Sea may soon see an escalation in tensions over oil drilling rights between China and the Phillippines, according to Phillippine President Rodrigo Duterte who spoke to…
Gulf Of Mexico Oil & Gas Pipelines Need Better Safety Regulations
The U.S. Department of the Interior lacks a robust oversight process to monitor and ensure the safety and integrity of some 8,600 miles of active offshore oil and gas pipelines…
India Is Pushing For More Coal Capacity
One of the world’s largest carbon dioxide emitters, India, could add more coal-fired electricity generation capacity despite the global push for clean power sources. India could still need new coal…
Tesla Crash In Texas Leaves 2 Dead
A crash with a Tesla Model S left two men dead in Texas, Reuters reports, quoting local police authorities that said the car was driverless. "There was no one…
China Aims To Ramp Up Remarkable Solar And Wind Ambitions
China has plans to boost the share of solar and wind power in its energy mix to 11 percent of total electricity output this year, Reuters has reported, citing…
BP Plans $1.3 Billion Gas Collection System To Eliminate Flaring
Supermajor BP plans to invest $1.3 billion on constructing a system that would capture and collect natural gas released during oil production in the Permian to eliminate the highly controversial…
Nigeria Set To Start-up 100 Oil & Gas Projects By 2025
As many as 100 oil and gas projects are set to start in Nigeria by 2025, accounting for 23 percent of all projects starts in the industry in Africa within…
Texas Freeze Led To 10.6% Higher Natural Gas Withdrawals
Due to the winter storms in February, net natural gas withdrawals from storage this heating season exceeded the five-year average by 10.6 percent, the Energy Information Administration…
Chinese Refineries Processed 20% More Crude In March
The throughput of Chinese refineries last month averaged 14.08 million bpd last month, up by 19.7 percent on the year thanks to the recovery in demand for fuels and China’s…
Guyana Estimates Future Oil Production At 1 Million Bpd
Guyana has estimated its future oil production at 1 million barrels per day by 2027, from seven floating production, storage, and offloading (FPSOs) vessels in country, according to natural…
Climate Activists: Canada’s Support To Oil Sector Hit US$14 Billion In 2020
Canada’s federal financial support to the oil and gas industry during the 2020 crisis reached US$14.4 billion (C$18 billion), Canadian organization Environmental Defence said in a report on Thursday,…
Shell To Put Energy Transition Plan To Shareholder Vote
Oil supermajor Shell will put its Energy Transition Strategy to a non-binding shareholder vote at its annual general meeting next month, the first time an energy…
Businesses Call For Market-Based Approach To Climate Change
Big businesses have called on politicians to set out a market-based, unified strategy for reducing global greenhouse gas emissions at next week’s Leaders Summit on Climate, Reuters reports. “Climate…
Mexican Parliament Passes Law That Restricts Fuel Imports Of Private Companies
The lower house of the Mexican Congress passed changes to an energy law that gives the government power to restrict private oil companies' activity in oil and fuel imports, Reuters…
