 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 21 hours | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 22 mins | 2.729 | -0.005 | -0.19% |
|
Bonny Light • 21 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 21 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 20 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 20 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 20 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 20 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
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News
BP Lifts Dividend For The First Time Since 2014 Oil Price Crash
BP (NYSE:BP) announced on Tuesday the first dividend increase since the oil prices started crashing in 2014, as it quadrupled second-quarter earnings from a year ago. BP reported…
Major Asian Buyers Slash Iranian Oil Imports To 7-Month-Low
The top Asian oil importers and Iranian oil customers—China, India, Japan, and South Korea—bought in June their lowest combined volume of Iranian oil in seven months, as South Korea slashed…
Iran: Saudis Can’t Replace Our Oil
U.S. President Trump is wrong to expect that Saudi Arabia and other large producers can compensate for the decline in Iranian crude oil supply resulting from the renewed U.S. sanctions…
Scotland’s Oil Industry Is Returning To Life
Scotland’s oil industry is beginning to show signs of recovery after the most recent downturn, a local port authority said, with a spokeswoman noting that “We have more rigs in…
State Dept Greenlights New Keystone XL Route
An environmental assessment of the Keystone Xl pipeline project by the State Department has concluded it will be safe for Nebraska’s water, land, and wildlife, which could probably be…
India Cuts June Oil Purchases From Iran On U.S. Sanctions
As U.S. sanctions on Iran are about to kick in later this year, Indian oil refiners reduced their orders for Iranian crude oil in June by 12 percent compared…
Higher Oil Prices Turn Texas Main Road Into The ‘Death Highway’
Rising oil prices have led to an increase in trucking of frac sand, water, oilfield equipment, pipes, and fuel in West Texas. Together with the higher truck traffic on a…
Norwegian Firm Exceeds Targeted Kurdistan Oil Production
Norwegian oil and gas operator DNO ASA said on Monday that it had put a fourth well into production at the Peshkabir oil field in Iraq’s northern region of…
New Strike At Total’s North Sea Oil, Gas Platforms Begins
Oil and gas rig workers started a 12-hour strike today at platforms in the North Sea operated by Total, in the latest industrial action by the employees who are…
Tesla To Add New AI Feature To Its Vehicles
Tesla plans to add a new artificial intelligence feature to its vehicles, the latest from Twitter has revealed. As Electrek reports, Elon Musk broke the news in response to…
U.S. Investigators: Maduro Took Part In PDVSA Money-Laundering Scheme
A U.S. probe into the laundering of US$1 billion from Venezuela’s state-owned oil company PDVSA has spread to the country’s president, Nicolas Maduro, the Miami Herald reports, citing unnamed…
Total Starts Up Oil Production At Angola’s Biggest Deepwater Development
France’s oil major Total said on Friday that it had started up oil production at the Kaombo area, which is currently the biggest deepwater development offshore Angola. Total and…
Chevron Announces Share Buybacks, But Misses On Earnings
Chevron Corporation (NYSE:CVX) announced on Friday much-awaited share repurchases in its Q2 earnings release, but investors were disappointed by a miss in profits despite the fact that the U.S.…
Japan Turns Up Oil-Fired Power Plants Amid Deadly Heat Wave
Japanese utilities have resorted to starting up old crude oil- and fuel oil-fired power plants and ramping up the capacity of already operating oil-powered facilities as utilities try to…
Exxon Earnings Disappoint, Again
ExxonMobil (NYSE:XOM) reported on Friday an 18-percent annual increase in earnings per share for the second quarter, but missed—yet again—analyst expectations, and reported its lowest production in a decade.…
Iran Offers India Insurance, Tankers To Keep Oil Shipments
Iran has started to offer India cargo insurance and tankers operated by Iranian companies as some Indian insurers have backed out of covering oil cargoes from Iran in the face…
Aramco Considers Bond Sale To Buy Sabic Stake
Aramco is considering a bond issue to finance a reported 70-percent stake acquisition in petrochemical giant Sabic from the Saudi sovereign investment fund, Bloomberg reports, citing sources in the…
Washington Pressing Tel Aviv For Gas Pipeline To Jordan
The Trump administration is pressing Israel to go ahead with a gas pipeline deal it signed with Jordan a few years ago, writes Israeli reporter Barak Ravid for Axios,…
BHP Billiton Sells U.S. Oil Assets To BP
BHP Billiton has concluded the sale of its U.S. shale oil operations to BP and Merit Energy, a local U.S. oil independent, for US$10.8 billion, ABC reports, quoting BHP’s…
US-EU Trade Truce To Boost U.S. LNG Exports To Europe
The agreement between the United States and the European Union to work together toward ‘zero tariffs’ is setting the stage for increased U.S. exports of liquefied natural gas (LNG) to…
