 |
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 • 11 mins | 2.773 | +0.014 | +0.52% |
|
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 • 6 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 6 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 6 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 6 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% |
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News
Maduro: Russia, Venezuela Sign $5B Deals To Boost Venezuelan Oil Production
Back from a visit to Moscow, Venezuelan President Nicolas Maduro tweeted a video on Thursday, in which he said that Venezuela and Russia have signed US$5-billion investment deals to…
Fractured OPEC Walks Away From The Table
After six hours of discussions, OPEC didn’t agree on Thursday on any specific oil production cut agreement as members are quarrelling on how to divvy up the production cuts and…
Green Group: British Columbia’s Climate Plan Can’t Afford LNG Projects
The province of British Columbia, which has just unveiled an ambitious emissions-cutting plan, cannot afford any more liquefied natural gas (LNG) export facilities if it is to meet its climate…
Tesla Set To Start Production At China Gigafactory In H2 2019
Tesla is expected to begin partial production at its first factory in China in the second half of 2019, the Shanghai government said after a meeting with local Tesla executives. …
OPEC Production Cut Settled, But Russian Cooperation Remains Uncertain
The oil markets exhaled early on Thursday morning as two OPEC sources announced that the oil cartel had tentatively agreed to a production cut of non-specific volumes. The announcement as…
Canada Pipeline System “Dysfunctional”: Industry Executive
Canada’s oil pipeline system is not just insufficient to transport the growing amounts of crude companies are producing. It is also features a “dysfunctional pipeline nomination process,” according to Canadian…
President Trump Throws Hail Mary Tweet On Eve Of OPEC Meet
US President Donald Trump fired another shot across OPEC’s bow on Wednesday, a day before the oil cartel is set to meet in Vienna to discuss possible production cuts. “The…
Plummeting Prices Help Clear Some Of Asia’s Floating LNG Cargoes
Plunging spot liquefied natural gas (LNG) prices in Asia and a flipping of the market curve have helped to clear some of the LNG cargoes off Asia’s coasts that have…
Saudi al-Falih, U.S. Iran Envoy Meet Ahead Of OPEC Summit
Saudi Arabia’s Energy Minister Khalid al-Falih met with the U.S. Special Representative for Iran, Brian Hook, on Wednesday, a day before OPEC is meeting to discuss new production cuts to…
OPEC Oil Output Rises As Saudis Pump At Record While Iran Slumps
OPEC’s crude oil production increased by 40,000 bpd from October to 33.08 million bpd in November, as Saudi Arabia pumped at record highs, more than offsetting—together with the UAE—the drop…
OPEC Urges Nigeria, Libya To Join Oil Production Cuts; Iran Balks
OPEC is trying to persuade Libya and Nigeria to join cuts if the cartel agrees to reduce production, delegates told S&P Global Platts, while the OPEC and non-OPEC leaders…
YPF, Petronas Strike $2.3 Billion Deal In Vaca Muerta Shale
Argentine’s state oil and gas company YPF and Malaysian Petronas will invest jointly US$2.3 billion in an oil production project in the Vaca Muerta shale play, one of the largest…
China Set To Resume Buying U.S. Crude Oil After Trade War Truce
Unipec, the trading arm of China and Asia’s biggest refiner Sinopec, plans to resume imports of U.S. crude oil during the 90-day trade truce window, as the tentative halt to…
Oil Prices Sink On Surprise Inventory Build
The American Petroleum Institute (API) reported a crude oil inventory build of 5.36 million barrels for the week ending November 30, compared to analyst expectations of a draw in crude…
World Bank: Russia Can Withstand Oil Price Volatility In 2019
Russia is well-positioned to withstand external shocks, The World Bank said today in its most recent version of Russia Economic Report, cited by TASS. Oil prices are expected to…
The Mystery Surrounding Tesla’s Sales In China
A week after a report that Tesla’s sales in China crumbled in October and the EV maker refuting it as ‘wildly inaccurate’, an auto industry expert said that the…
Iran Claims It Can Govern Country Without Relying On Oil Revenue
A month after the U.S. sanctions on Iran’s oil snapped back, the Islamic Republic continues to claim with defiant tone that the United States won’t be able to choke off…
IEA: Emissions In Developed Economies Rise For First Time In Five Years
Carbon emissions in the world’s developed economies are set to increase this year for the first time in five years, as higher oil and gas use has…
Trump Advisor Kudlow Deals Blow To EV Subsidies
Larry Kudlow, chief economic adviser at the White House, has called for an end to electric vehicle subsidies and government help for renewable energy projects, Reuters reports, citing a…
Peru’s Largest Oil Field Stops Producing After Pipeline Attack
Canadian Frontera Energy said it had suspended production at the largest oil field in Peru after protesters against oil production in the region severed the pipeline that carries the crude…
