 |
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 • 14 mins | 2.714 | +0.029 | +1.08% |
|
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 • 6 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 6 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 6 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 6 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% |
Breaking News:
Peter Schiff Questions Bitcoin’s Value As ‘Halving’ Event Nears
In a recent interview, Peter…
Javier Blas: 10 Things Oil Traders Need to Know About Iran's Attack on Israel
Javier Blas analyzes the impact…
Rising Middle East Risk Sparks Fear of $100 Oil
In case of further escalation,…
News
Enterprise' Permian Pipeline To Start Easing Bottlenecks In February
Enterprise Products Partners L.P. said on Thursday that a pipeline it is converting from shipping natural gas liquids (NGL) to crude oil will begin in February limited operations to…
Canada’s Supreme Court: Bankrupt Oil, Gas Firms Can’t Abandon Orphan Wells
The Supreme Court of Canada ruled on Thursday that bankrupt oil and gas companies must first clean up their old inactive wells before selling active profitable wells to repay…
Europe Sets Up Payment Vehicle For Iran Trade To Sidestep U.S. Sanctions
After months of deliberations, European countries have set up the special payment channel to handle trade with Iran that would allow transactions with Iran, including oil, as the European Union…
PetroChina To Dump Venezuela’s PDVSA As Partner In $10B Refinery Project
PetroChina is looking to drop Venezuela’s state-owned oil firm PDVSA as an equity partner in a planned and long-delayed US$10-billion oil refinery and petrochemical complex in southern China, Reuters
Iran Oil Exports To Asia Slump To 3-Year Low
Crude oil exports from Iran to its four largest buyers in Asia fell to a three-year low last year because of the reinstatement of U.S. sanctions against Tehran in November,…
Iraq To Boost Majnoon Field Production To 450,000 Bpd
Basra Oil Co,. the state-owned operator of the huge Majnoon field in Iraq, plans to boost production from it to 450,000 bpd by 2021 by drilling 40 new wells, Reuters…
Alberta Premier Looks To Ease Oil Production Cuts
Rachel Notley, Alberta’s Premier, said prices of Canadian crude are high enough for producers to start gradually ramping up production again, the Canadian Press reports. Notley ordered a production cut…
India’s Top Refiner Explores Annual Term Contract To Buy U.S. Oil
India’s top refiner, Indian Oil Corporation, is exploring opportunities to sign an annual term deal to buy U.S. crude oil, Indian Oil’s chairman Sanjiv Singh said on Wednesday, as…
Gazprom Unable To Get Chinese Loan For Huge Gas Processing Plant
Gazprom has not been able to obtain a loan from the China Development Bank for part of the US$14 billion financing the Russian gas giant aims to raise for the…
More Than Half Of U.S. Coal Mines Have Closed Since 2008
Declining coal demand in the U.S. and rising demand for natural gas and renewables have hit coal production and the number of active coal mines in the United States has…
Exxon, Plains All American, Lotus To Build 1-Million-Bpd Permian Pipeline
ExxonMobil, Plains All American Pipeline, and Lotus Midstream will build a pipeline capable of transporting more than 1 million barrels per day of crude oil and condensate from the Permian…
Floating LNG Projects May Have Peaked: Wood Mackenzie
Floating LNG projects may have peaked already amid intensifying competition in the liquefied natural gas space, a new report from Wood Mackenzie has suggested. After the oil price collapse…
Maduro Signals Readiness To Negotiate With Venezuela Opposition
A week after opposition leader Juan Guaidó declared himself interim president of Venezuela, Nicolas Maduro signaled that he was willing to negotiate with the opposition. “I’m willing to sit down…
IEA Yet To Assess Impact Of U.S. Sanctions On Venezuela’s Oil
It is too early to quantify the impact of the latest U.S. sanctions on Venezuela’s oil industry and exports, Fatih Birol, the Executive Director of the International Energy Agency (IEA),…
Report: Grave Warning For US Energy Infrastructure
The United States’ energy infrastructure are susceptible to cyberthreats from Russia and China, a new report shows from the Office of the Director of National Intelligence (ODNI),
Iran’s Asian Oil Clients Restart Imports At Low Rates
Japan, South Korea, India, and China are all buying Iranian crude once again, but at much lower rates than they did before November when U.S. sanctions kicked in, S&P Global…
South Korea To Boost U.S. Oil Buys Further This Year
South Korea has been buying increasing amounts of U.S. crude oil and will continue to do so this year, Reuters reports, citing data from its service Eikon. This will…
API Reports Smaller Crude Oil Build Than Expected
The American Petroleum Institute (API) reported a crude oil inventory build of 2.098 million barrels for the week ending Jan 25, compared to analyst expectations that we would…
Russia Vows To Defend Its Venezuelan Oil Assets
Russia, which stands by Nicolas Maduro in the ongoing Venezuelan political crisis, will use “all available legal mechanisms” to defend its interests in the Latin American country, in which Russian…
Brazil Looks To Sell Petrobras Units As Part Of $20B Privatization Plan
Brazil is pushing for major state-owned companies to privatize some subsidiaries as the Brazilian government of new far-right President Jair Bolsonaro looks to raise US$20 billion in state asset…
