 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 22 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 • 6 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 22 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 22 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 13 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 13 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 13 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 13 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% |
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News
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Saudi Aramco is restructuring its non-oil businesses into subsidiaries and possible spin-offs as it aims to streamline operations and achieve a higher valuation for its profitable core oil business ahead…
Tesla Won’t Offer Leasing Options For Model 3 Yet
Tesla won’t start offering leasing options for the Model 3 for another six to nine months, CEO Elon Musk said on Twitter in response to a question from a fellow…
The G7 Spends $100 Billion On Fossil Fuel Subsidies
The world’s richest economies still subsidize their oil, gas, and coal use, investing more than US$100 billion annually in subsidies, a report from the Overseas development Institute has revealed.…
Saudis May Hike July Oil Prices To Asia To More Than 4-Year-High
Saudi Arabia may raise again its official selling prices (OSPs) for oil bound for Asia in July, and the price of its flagship Arab Light crude could reach its highest…
Total CEO: Chances Of Iran Sanctions Waiver Are ‘Very Slim’
The chances of France’s Total obtaining a U.S. waiver from the returning sanctions on Iran are not good, Total’s chief executive Patrick Pouyanné told the shareholders’ meeting on Friday. “The…
Pope Francis To Discuss Climate Change With Big Oil
At a time when investors are piling pressure on Big Oil to take climate change seriously, top executives from some of the major global oil companies will be discussing climate…
Rosneft Challenges Gazprom On International Gas Markets
Russia’s largest oil producer Rosneft is increasingly challenging the biggest Russian gas producer and exclusive gas exporter Gazprom on gas markets outside Russia, Reuters reported on Friday, citing five…
Shell Launches Clean Gas Marketing Experiment
Shell has decided to try marketing natural gas as a clean fuel by bundling it with certificates for carbon-reduction projects, Bloomberg reports, quoting Shell Energy Europe boss David Wells.…
Suncor Refinery Maintenance Creates Fuel Shortage In Canada
Seasonal maintenance at Suncor’s refinery in Edmonton has created shortages of gasoline at Petro-Canada stations around Alberta, CBC reports. This has led drivers to start worrying that Petro-Canada’s competitors…
Venezuela Stops Oil Project Payment To Indian Firm, Owes $444M
Crisis-hit cash-strapped Venezuela has stopped payments due to the overseas arm of India’s top oil explorer for a joint Venezuelan project, which has resulted in the Latin American country piling…
Oil Price Jump Chases Bond Investors Out Of India
Rising oil prices have weighed down the Indian rupee, making it the worst currency performer in Asia. As a result, bond investors, bond holders are dumping Indian debt at record…
Shell Starts Deepwater Gulf Of Mexico Oil Project Ahead Of Schedule
Shell said on Thursday that it had started early production at a deepwater subsea development in the U.S. Gulf of Mexico a year ahead of schedule and at a…
Buffett’s MidAmerican Energy Boasts Major Renewable Push
MidAmerican Energy, a company of Berkshire Hathaway, is on track to become the first investor-owned utility in the United States whose electricity production from renewable source is equal to the…
Brazil’s Oil Cargo Tender Falls Through With No Bids
Brazil received no bids in the first tender for a total 1.63 million barrels of crude extracted from the prolific pre-salt zone, Reuters reports. The state received the oil…
B.C. Wants Its Piece Of Trans Mountain Despite Opposition
British Columbia’s government still wants a US$780-million (C$1-billion) payment pledge to it by Kinder Morgan for the expansion of the Trans Mountain crude oil pipeline, despite its staunch opposition to…
New Private Chinese Refinery In Talks For Long-Term Saudi Oil Supplies
Hengli Petrochemical, a unit of private Chinese chemical giant Hengli Group, is in talks with Saudi Aramco for long-term crude oil supplies for its new 400,000-bpd refinery, while it is…
Japan To Seek U.S. Opinion On Keeping Oil Imports From Iran
Japan could seek some kind of exemption from the returning U.S. sanctions on Iranian oil exports, as its companies don’t want to abruptly stop importing Iranian crude, an official at…
Oil Prices Steady After API Reports Crude Build, Gasoline Draw
With Brent Crude falling from its $80 height of last week, the American Petroleum Institute (API) reported a build of 1.001 million barrels of United States crude oil inventories for…
Cheaper U.S. Crude Oil Beats West Africa Crude Shipments To Asia
The huge discount of WTI Crude to Brent Crude has been supporting cheaper U.S. crude barrels bound for Asia, while West African cargoes, priced off dated Brent, have grown difficult…
Iran: Total Has 60 Days To Seek U.S. Sanctions Waiver
France’s Total has 60 days to secure a waiver from the returning U.S. sanctions on Iran in order to stay in the multi-billion-dollar South Pars gas development project, Iran’s Oil…
