 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 23 hours | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 21 mins | 2.741 | +0.007 | +0.25% |
|
Bonny Light • 23 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 23 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 22 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 22 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 22 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 22 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Arab Nations Act Against Iran-Israel Escalation
Arab states, including Jordan, Saudi…
The World's Most Polluted Countries Revealed
The air pollution problem is…
Could the Conflict Between Iran and Israel Turn Nuclear?
Iran's potential retaliatory measures following…
News
Mexico To Support Indebted State Oil Firm Pemex With $3.6B
Mexico will support Pemex by injecting US$3.6 billion into the debt-laden state-held oil firm, including by refinancing debt and cutting taxes, Mexican officials said on Friday. The Mexican government,…
Trader Trafigura To Stop Oil Business With Venezuela
Due to the U.S. sanctions on Venezuela’s oil industry and state firm PDVSA, one of the world’s largest commodity traders, Trafigura, has decided to halt its oil trade with Venezuela,…
Russia’s Lukoil Halts Oil Swaps In Venezuela After U.S. Sanctions
Litasco, the international trading arm of Russia’s second-biggest oil producer Lukoil, stopped its oil swaps deals with Venezuela immediately after the U.S. imposed sanctions on Venezuela’s oil industry and state…
Berkshire Hathaway Share Purchase Boosts Suncor Stock
Warren Buffett’s investment firm Berkshire Hathaway acquired 10.8 million shares in Canada’s Suncor during the last quarter of 2018, CNBC reports citing a SEC filing. The release of the…
Venezuela Supreme Court Prosecutes Guaido-Appointed PDVSA Board
Venezuela’s Supreme Tribunal of Justice, the country’s Supreme Court, ordered legal action against individuals that opposition leader Juan Guaido announced as the new board members for PDVSA and its U.S.…
Fight On Climate Change Could Accelerate Norway’s Oil Decline
Stricter global climate policies could influence Norway’s oil and gas industry and lead to a phase out of oil and gas sooner than previously expected, Oystein Olsen, the Governor of…
India To Continue Buying Venezuelan Oil Despite U.S. Warning
India will look into commercial considerations and related factors to determine the value of oil imports from any country, an Indian official said on Thursday, after a top U.S.…
Militants Threaten Attacks On Nigeria’s Oil If President Is Re-elected
The Niger Delta Avengers (NDA)—the militant group responsible for most of the attacks on Nigeria’s oil infrastructure in 2016—resurfaced days before the Nigerian presidential elections this weekend, saying that…
Total Becomes First Oil Major To Invest In Saudi Fuel Retail Market
France’s Total is the first international oil major to invest in Saudi Arabia’s fuel retail market after signing a deal with oil giant Saudi Aramco to invest US$1 billion…
BOEM Schedules Gulf Of Mexico Lease Sale For March
The BOEM has scheduled a region-wide oil and gas lease sale for the Gulf of Mexico, in which it will offer a total 14,696 blocks spanning 78 million acres,…
India Gets First Grid-Scale Battery Storage From AES
The first grid-scale battery storage system in India launched this month, marking the first step of one of the world’s largest energy users to a future in which renewable energy…
Congressional Hearing: This Is How Far Venezuelan Oil Production Could Fall
Venezuela’s oil production could feasibly fall to just 500,000 barrels per day by year’s end, according to the US State Department’s Special Envoy to Venezuela in a Wednesday hearing…
Turkish Ships To Start Drilling For Oil, Gas Offshore North Cyprus
Turkish exploration ships will soon start drilling for oil and gas offshore the northern part of Cyprus, the energy minister of the Turkish Cypriots told Turkish Anadolu Agency on…
Uganda Sees First Oil Pushed Back To 2022
Uganda expects to start pumping oil in 2022, later than a previous target for 2021, because of lack of infrastructure and disagreements over taxes and plans with operators. Uganda is…
U.S. Warns The World Against Buying Venezuelan Oil
U.S. National Security Advisor John Bolton has warned countries and companies against buying crude oil from Venezuela, after the Latin American country’s Oil Minister Manuel Quevedo said during a surprise…
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…
