 |
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 • 17 mins | 2.764 | +0.006 | +0.20% |
|
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 • 3 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 3 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 3 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 3 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% |
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News
Oil Rallies After API Reports Large Draw In Crude, Gasoline Inventories
The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 6.360 million barrels for the week ending August 28. Analysts had predicted an inventory draw…
Iraq’s Crude Oil Exports Drop In August
Iraq’s crude oil exports fell in August compared to July, as OPEC’s second-largest producer is reducing supply in an attempt to comply with the OPEC+ production cut pact, which it…
Iran Says Oil, Petrochemicals Investment Hit $10B In Five Months
Oil and petrochemical investment in Iran has reached US$10 billion since the beginning of the Iranian calendar year in March, the Islamic Republic News Agency (IRNA) reported on Tuesday,…
UAE’s August Oil Production Rises Above OPEC Limits
The United Arab Emirates (UAE), currently OPEC’s third-largest producer, increased its oil production in August to above its quota as per the OPEC+ deal as electricity demand soared in the…
North Korea Could Store Up To 1-Year Of Crude Oil Supplies
North Korea could have oil storage capacity of up to 1.5 million tons or almost 11 million barrels—an amount that could last it a full year if the country gets…
Vietnam Issues Decree Against Illegal Oil & Gas Drilling
Vietnam’s government has issued a decree against illegal oil and gas exploration in its waters in the South China Sea, threatening fines and property seizures for violators, regardless of…
U.S. Seizes Websites Involved In Illegal Oil Trade
The United States announced today that it has seized three websites used by sanctions-violators to trade in crude oil, according to an official press release. The websites were, according…
Venezuela Moves From Oil To Gold
As Venezuela’s near-nothing oil industry slinks further into nothingness, a new commodity is taking shape in the crisis-stricken Latin American country sitting atop the world’s largest oil reserves: gold. According…
Libya's Biggest Oilfield Halts All Work After Employee Tests Covid Positive
Libya's largest oilfield, Sharara, is stopping all operations, and the operator is evacuating the workers as a foreign employee had tested positive for the coronavirus after coming into contact with…
Mexico’s Oil Major Pemex Ignores Investor Calls To Curb Emissions
Mexico’s state oil firm Pemex is not planning a shift toward curbing carbon emissions or green energy, as Mexican President Andrés Manuel López Obrador continues to bet on oil exploration…
Least Populated U.S. States Consume More Gasoline, Jet Fuel Per Capita
The U.S. states with the lowest population density consume the most amount of energy per person for transportation, with Alaska – the least populated state – consuming the most energy…
Gazprom Sees Profits Slump In H1 2020
Russia’s Gazprom reported an operating profit of $2.57 billion (189.99 billion rubles) for the first half of the year, down from $10.57 billion (780.88 billion rubles) a year earlier…
Libya Set To Export First Crude From Oil Ports Since January
Two tankers will be the first since January this year to load oil for export at the Libyan port of Brega, Bloomberg reports, citing unidentified source in the know.…
Canadian Oil And Gas Spending Plummets 54%
Canada’s capital spending on its oil and gas industry fell by more than half in the second quarter as the pandemic-inspired low prices continue to burden oil and gas…
Tesla Thwarts Serious Cyberattack On Nevada Gigafactory
Tesla’s Gigafactory in Nevada was a target of attempted and thwarted cyberattack, Elon Musk said, describing the attempt as “a serious attack.”
Saudi Troops Join U.S. Base In Oil-Rich Northern Syria
Twenty Saudi soldiers arrived this week at a U.S. military base close to an oilfield in northeastern Syria, according to Iranian media, which…
The Battery Breakthrough That Could Transform An Entire Industry
A team of researchers in India has introduced an eco-friendly and energy-efficient battery that is being touted as “the future” of batteries — not only for the automobile…
Canada Set To Build $23 Million Rare Earth Plant
Canada will have rare earth processing plant in operation by the end of 2022…
North Sea Oil Faces A Drilling Rig Supply Crunch
The oil price collapse and deferred drilling campaigns have shrunk the available supply of drilling rigs in the North Sea to the point where operators now face a supply crunch…
China Sees Record-Breaking Electricity Consumption In August
China’s electricity consumption hit a record this month after rising steadily since the start of summer, the People’s Daily reported, noting that the…
