 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 13 mins | 2.766 | +0.008 | +0.29% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 4 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 4 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 4 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 4 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
The World's Most Polluted Countries Revealed
The air pollution problem is…
Anglo-American's Share Price Soars on BHP Buyout Talks
BHP's proposed acquisition of Anglo…
What to Expect From Xi Jinping's Upcoming Eurotrip
Chinese leader Xi Jinping's upcoming…
News
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…
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…
