 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 19 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 3 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 19 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 19 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 11 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 11 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 11 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 11 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% |
OPEC+ Can Stop An Oil Rally To $100
The OPEC+ group could influence…
Iran’s Response To Israel’s Strike Was Pure Political Theater
Iran’s response was pure political…
Traders Became More Bullish on Oil As Middle East Risk Surged
The crude oil net long…
News
Protesters Try to Enter Major Iraq Oil Field
More than a hundred protesters were dispersed by police forces using tear gas at the entrance of the Nahr Bin Omar oilfield near Basra amid continuing riots in the country,…
Tesla Yet To Hit 6,000 Model 3 Weekly Target
Tesla has failed to ramp up its Model 3 weekly production to its own set target of 6,000 for August, Electrek has learned. However, the company’s overall Model 3…
PDVSA Looks To Reroute Tankers To Alternate Port
PDVSA is looking to shift its oil exports to an alternate port, Reuters sources said on Friday, after Venezuela was forced to close Port Jose last weekend after a minor…
Alberta Cuts Budget Deficit Despite Pipeline Setbacks
A day after a federal appeals court in Canada put the brakes on Kinder Morgan’s troubled pipeline project that would relieve serious pipeline constraints out of oil-rich Alberta, the province…
Russia Questions Court Jurisdiction In Dispute Over Crimea Oil With Ukraine
Russia is disputing the jurisdiction of The Hague-based Permanent Court of Arbitration in the Russia-Ukraine dispute over rights to oil and natural gas resources off Crimea, which Russia annexed…
Libya’s Oil Production Rises As Two Small Fields Resume Pumping
Libya’s oil production has been holding at around 1 million bpd for the past couple of weeks, rising slightly this week thanks to increased production at two small oilfields in…
Tesla Shareholder BlackRock Voted Against Musk As Chair
Funds controlled by BlackRock Inc voted in favor of a quashed proposal to separate Elon Musk’s chairman and CEO roles at Tesla at the EV maker’s shareholders’ meeting back…
Russia Blocking UN Report On North Korea Violating Oil Sanctions
Russia is blocking the release of a report finding that North Korea has been violating UN sanctions on oil product imports, because Moscow disagrees “on certain elements of the…
Is Japan Giving Up On Securing A Sanction Waiver For Iranian Oil?
Conflicting reports surfaced today regarding Japan’s outlook for future purchases of Iranian oil as US sanctions against Tehran close in. S&P Global Platts today cited a Japanese government official…
India’s Currency Hits Record Low Vs. Dollar On Rising Oil Prices
India’s currency, the rupee, hit a new record low against the U.S. dollar on Thursday on the back of rising oil prices, end-month demand for dollars, and concerns about…
Partial Port Closure May Further Delay Venezuela’s Oil Cargoes
The closure of a dock at a key Venezuelan port could delay the shipment of around 5 million barrels of Venezuelan crude oil to Russia’s Rosneft, adding to Venezuela’s troubles…
Denmark Becomes Net Oil Importer For First Time In 25 Years
For the first time since 1993, Denmark is on track to become a net oil importer this year, as oil production in the Danish part of the North Sea will…
Higher Oil Prices Boost PetroChina’s Profit To Three-Year-High
Like the other Chinese state oil majors, PetroChina—the country’s largest oil and gas producer—has also benefited from the higher crude oil prices and strong refining margins this year, reporting doubled…
BP, Shell, Total To Bid In Brazil’s Pre-Salt Oil Auction In September
Brazil’s oil regulator ANP has approved the applications of six companies—including Big Oil’s BP, Shell, and Total—to bid in next month’s oil auction of four blocks in the coveted pre-salt…
Dyson Turns UK Airfield Into Track To Test Its New Electric Vehicle
Dyson, the company founded by Sir James Dyson—the British billionaire inventor of the bagless vacuum cleaner—announced plans on Thursday to build a test track on a renovated historic airfield…
Iraq Itching To Boost Oil Exports, Seize Iranian Market Share
Iraq is waiting in the wings, ready to increase its crude oil exports in anticipation of slipping Iranian oil exports waiting only on the go-ahead from OPEC, acting director-general of…
Senior Official: India “Definitely” Not Going To Zero Iranian Oil Imports
India will “definitely” not cut off entirely its crude oil imports from Iran, but it expects to have more clarity on its oil purchasing strategy amid the U.S. sanctions on…
China’s Sinopec Snubs Geopolitics, Looks To Diversify Crude Sourcing
Despite the ongoing U.S.-China trade war and the upcoming U.S. sanctions on Iran’s oil exports, China’s and Asia’s biggest refiner, Sinopec, will continue to buy crude oil from both the…
First Delivery Through China’s Oil Futures Set For September
In the first physical settlement of the Chinese yuan-denominated oil futures contract, five companies will deliver a total of 600,000 barrels of Middle Eastern crude grades to buyers of the…
Oil Manager: Nigeria Could Lose OPEC Status If It Signs New Oil Bill
While Nigeria’s President Muhammadu Buhari is said to be withholding signing the country’s new petroleum bill into law over concerns that it strips the president of powers over the industry,…
