 |
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 | 2.727 | +0.042 | +1.55% |
|
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% |
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News
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…
Venezuela’s Opposition Leader To Appoint Parallel PDVSA, Citgo Boards
The President of Venezuela’s opposition-dominated National Assembly Juan Guaido will announce new boards of directors for state oil company PDVSA and its U.S. business, Citgo, UPI reports, citing a statement…
Total Goes on Drilling Spree
French supermajor Total plans to drill 23 wells this year, three times more than it drilled in 2016 and 2017, with a focus on Africa and Brazil, Reuters reports,…
Canadian Natural Resources Calls Out Against Production Cuts
Canadian Natural Resources, one of Alberta’s biggest oil producers, has made a 180-degree turn on the production cuts imposed by Premier Rachel Notley last December to reverse a severe decline…
Pacific Gas & Electric Bankruptcy — The Shoe Finally Falls
Pacific Gas & Electric, one of America’s largest utilities, finally filed for chapter 11 bankruptcy on January 29, after weeks of waiting. The company already had missed one long term…
Gazprom Looks To Attract $14B For Russia’s Biggest Gas Processing Plant
Gazprom is in discussions with banks as it looks to attract in 2020 project financing of US$14 billion for the construction of its Amur gas processing plant, which will be…
Saudi Energy Minister: Venezuela’s Crisis Has Had No Impact On Oil Market
The political crisis in Venezuela has not had an impact on the oil market and there is no need for any additional measures, Saudi Arabia’s Energy Minister Khalid al-Falih told…
Libya Earmarks $50B To Boost Oil Production
The state-held National Oil Corporation (NOC) of Libya has a budget of US$50 billion to invest in its oil and gas sector this year, as it looks to overcome safety…
Baker Hughes Pledges Net Zero Carbon Emissions By 2050
Oil field services provider Baker Hughes, a GE company (BHGE) said on Sunday that it is committing to cut its carbon dioxide (CO2) equivalent emissions by 50 percent by…
API Boasts Record-Breaking Industry Performance In 2018
The American Petroleum Institute reported that a number of records were broken in the energy industry of the United States in December, including gasoline demand, crude oil production, and crude…
Saudis Look To Attract $430 Billion In Foreign Investment
Saudi Arabia is looking to attract almost US$430 billion in foreign investments for a large-scale infrastructure program, Energy Minister Khalid al-Falih told media, as quoted by CNBC during the…
Republican Senators Introduce Bill To Boost Energy Development
Several Republican Senators have reintroduced a bill to streamline oil and gas development permitting in the U.S., aimed at boosting mineral revenues for states and reducing regulatory burdens and…
Shell Set To Book Highest Profit Since 2014
Royal Dutch Shell (NYSE:RDS.A) is expected to report on January 31 its highest annual profit since 2014, although the oil price plunge late last year may hit Q4 earnings.…
India Keeps Oil Trade With Key Supplier Venezuela Despite Crisis
India continues to trade with Venezuela—a key crude oil supplier to the Asian nation where oil demand is growing fast—despite the ongoing crisis in Venezuela, India’s Financial Express reports.…
Europe Emerges As Top Buyer Of U.S. LNG This Winter
So far this winter, Europe has been the biggest buyer of U.S. liquefied natural gas (LNG), and despite the fact that the key reason has been profit rather than politics,…
Exxon Signs Up For Germany LNG Project
Exxon has inked a preliminary agreement with Germany Uniper for future LNG supplies to a new import terminal in Wilhelmshaven, Reuters reports, citing the German company. The Wilhelmshaven project…
Aramco To Build First Hydrogen Fueling Station
Saudi Aramco, in partnership with U.S. Air Products and Chemicals, will build the first hydrogen fuel cell station in the Kingdom, leveraging Air Products’ SmartFuel hydrogen fueling technology, Reuters
