 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.726 | +0.040 | +1.50% |
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 2 days | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 12 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 12 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 12 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 12 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
Why Biden is Unlikely to Enforce the New Iran Oil Sanctions
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News
Iran: Seized UK-Flagged Oil Tanker “Free To Leave”
The British-flagged oil tanker Stena Impero, which Iran seized in the middle of July in the Strait of Hormuz, is now “free to leave Iran,” Iranian government spokesman Ali Rabiyee…
World Leaders Issue Statement Supporting Libyan NOC’s Legitimacy
The U.S, the UK, France, Italy, Germany and the UAE have issued a joint statement in recognition of the National Oil Corporation of Libya as “the country’s sole independent, legitimate…
Houthis: We Will Stop Saudi Attacks If Kingdom Agrees To Stand Down In Yemen
The attacks on Saudi soil with drones and ballistic missiles will stop, the Houthis have vowed, if Saudi Arabia will stop its airstrikes over Yemen, according to Bloomberg, who…
US Slaps Sanctions On Iranian Central Bank—What’s Next?
The United States on Friday has taken the first step in its response to the attacks on Saudi oil infrastructure by imposing more sanctions on Iran, but the response might…
Kuwait Raises Security Alert Level Of Oil Facilities
Kuwait raised the security alert level at all of its ports, affecting both commercial ports and oil facilities, according to the state-run Kuwait News Agency, quoting a statement from…
Shell, Exxon Close Deal To Build Five LNG Import Terminals
Shell and Exxon are among the companies picked by the Pakistani government to build five LNG import terminals as part of efforts to boost natural gas imports to deal with…
It's Time For Traders To Take Advantage Of High Oil Prices
Citigroup is advising traders to sell their positions on oil and use the proceeds to hedge against a decline in equity markets, Bloomberg reports, citing a note by the…
New Mexico Deploys Robots To Tackle Methane Emissions
New Mexico, which shares the Permian shale play with Texas, is using satellites and artificial intelligence to track methane emissions as part of plans to map these and take steps…
Guyana’s Offshore Oil Boom Faces Headwinds As Govt Breaches Constitution
Guyana’s oil industry may be facing a tough road ahead, after US and European diplomats on Thursday accused the Guyana government of breaching the country’s constitution according to Reuters.…
Exxon Shuts Major Texas Refinery After Flooding
ExxonMobil started on Thursday morning to shut down its 369,024-bpd crude oil refinery at Beaumont in Texas as tropical storm Imelda brought flooding to parts of southern Texas, sources familiar…
Leaked Photos Suggest Tesla Is Already Building Model 3 In China
Tesla is moving ahead with pre-production at its Chinese factory, according to new leaked photos believed to have been recently taken inside the U.S. electric vehicle maker’s Gigafactory in…
EU On Edge As Russia And Ukraine Restart Gas Talks
Russia and Ukraine are scheduled to restart their gas transit negotiations today in Brussels, with the mediation of EU officials. The negotiations are closely watched as they concern the stability…
Why Is This Supermajor Dumping Its Aussie Assets?
Exxon has put up for sale its assets in Australia’s Gippsland Basin as part of a $15-billion divestment program, Reuters reports, quoting a company statement. The Gippsland Basin project…
Saudi Arabia Asks Iraq For Oil
Saudi Arabia has approached Baghdad with a request to buy crude oil from OPEC’s number-two to compensate for its production outage caused by the Saturday attacks, sources who declined to…
Climate Crusaders Aren’t Buying Natural Gas Propaganda
The much-touted conversion from coal- and oil-fired power generation to natural gas actually raises the greenhouse effect of energy consumption by around 40 percent because of alarming methane emissions from…
U.S. Sanctions Severely Cripple Venezuela’s Oil Production
As if Venezuela’s oil industry is not in a bad enough place already, the country sitting on top of the world’s largest oil reserves is forced to slow already low…
Saudis Join US-led Maritime Security Coalition After Attacks
Saudi Arabia has decided to join the U.S.-led maritime security coalition that aims to ensure freedom of navigation and safe passage through the Persian Gulf, the official Saudi Press Agency…
Following Saudi Attack Trump To Levy Paralyzing Sanctions On Iran
“I have just instructed the Secretary of the Treasury to substantially increase Sanctions on the country of Iran!” U.S. President Donald Trump tweeted early on Wednesday, days after top…
U.S. Reveals Who Is Behind The Saudi Drone Attack
The attacks on Saudi oil infrastructure that took off 5.7 million bpd from global oil production were launched from southwestern Iran, according to a U.S. government official.…
Wind And Natural Gas Are Big Winners In US Power Generation
Although regional trends vary, natural gas and wind will be the fastest-growing sources of electricity generation in the United States through 2020, at the expense of coal, the Energy Information…
