 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 13 mins | 2.713 | -0.001 | -0.03% |
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 2 days | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 7 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 7 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 7 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 7 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
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News
Bankruptcies In Canada’s Oil Industry Decline In 2018
In a sign things for the oil industry in Canada’s oil industry are improving, albeit slowly, bankruptcies in the industry last year declined by as much as 50 percent compared…
U.S. Nuclear Energy Industry Asks Washington For Help In International Expansion
Executives from major U.S. nuclear energy companies met with President Trump yesterday to ask for the administration’s help in expanding abroad, Bloomberg reports, citing sources in the know. It…
New Mexico Boasts $2.2 Billion In Oil Revenue For 2018
New Mexico received US$2.2 billion in revenues from oil production last year, data from the state’s Tax Research Institute showed. This was a 26-percent increase on the year,…
Oil Prices Rise After API Reports Surprise Crude Draw
The American Petroleum Institute (API) reported a small crude oil inventory draw of 998,000 barrels for the week ending February 8, close to analyst expectations that predicted a build in…
Sanctions On Venezuela Leaves Oil Market Scrambling For Heavy Crude
In an oil market already tighter on heavy crude grades due to OPEC’s production cuts and U.S. sanctions on Iran’s oil, refiners now face an even tighter supply of heavy…
Two Coal Plants Could Close Despite Opposition From Trump
Despite opposition from U.S. President Donald Trump to closure of coal-fired power plants, the Tennessee Valley Authority is proposing to retire two coal plants by 2023, due to flat…
Germany Set To Build LNG Terminals Amid European Gas Battle
Germany will likely build two terminals to import liquefied natural gas (LNG), Economy Minister Peter Altmaier said on Tuesday, in a move to appease the U.S. while Berlin also…
Shell, Eni among Winners In Egypt Licensing Round
Shell and Eni were among the companies awarded oil exploration licenses in Egypt’s latest oil and gas tender, Reuters reports, adding the two companies along with Exxon, BP, and…
EPA May Exclude Biofuel Trade Limits From New Gasoline Rules
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PDVSA Asks JV Partners To Strengthen Commitments On Oil Projects
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Oil Rallies As Saudis Pledge Deep Cuts In March Production
Oil prices rallied 2 percent early on Tuesday after OPEC’s largest producer and de facto leader Saudi Arabia signaled even deeper cuts in production and exports of the Kingdom for…
IMF: Saudi Arabia Needs $80-85 Oil Price To Balance 2019 Budget
OPEC’s biggest producer Saudi Arabia would need oil prices at US$80-85 per barrel in order to balance its 2019 budget, Jihad Azour, Director of the Middle East and Central Asia…
Favorite To Win Next Alberta Election Vows To Fight For Oil
Jason Kenney, the leader of the United Conservative Party (UCP), expected by polls to win this year’s election in Alberta, has vowed to fight harder for the province’s oil to…
Egyptian Oil & Gas Is BP’s Top Investment Destination Again
Oil and gas supermajor BP invested more in Egypt in each of the past two years than in any other country, BP’s chief executive officer Bob Dudley said at…
Government-Backed Forces Reach Libya’s Sharara Field
Forces from the Petroleum Facilities Guard sent by the UN-recognized government of Libya have reached the Sharara field, which the Libyan National Army, affiliated with the rival government in Eastern…
PDVSA Directs Oil Buyers To Russian Bank Account: Report
Venezuela’s troubled state oil company PDVSA is telling the buyers of oil produced by its joint ventures to deposit the money for purchases in a new bank account recently opened…
South Sudan Aims To Boost Oil Production To 350,000 Bpd By Mid-2020
South Sudan is looking to pump more than 350,000 bpd of oil by the middle of next year, compared to current production of 140,000 bpd, South Sudan’s Oil Minister Ezekiel…
Tesla Model 3 Tops Global EV Sales List For 2018
Tesla Model 3 topped the global EV sales ranking compiled by CleanTechnica and EV Volumes for 2018. In fact, Tesla as a brand dominated the top 5, with all…
Yemen Eyes Exports Of 75,000 Bpd This Year
Yemen’s Saudi-backed government has plans to export crude oil at a rate of 75,000 bpd this year, according to oil minister Aws Abdullah al-Awd, who spoke to Reuters. “We…
Saudi Oil Tanker “Accidentally” Heads To Venezuela
A very large partially loaded oil tanker from Saudi Arabia is heading to Venezuela in an extremely rare shipment between the two oil producers and OPEC members, S&P Global…
