 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 20 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 • 4 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 20 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 20 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% |
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News
Canada Buys Trans Mountain Pipeline, Is Energy East Next?
The mayor of Canadian town Saint John has asked the federal government to dust off the Energy East pipeline project, which TransCanada quit last year. Don Darling made his call…
Is This Another Setback For Autonomous Vehicles?
A Tesla Model S crashed into a parked police vehicle in Laguna Beach, California yesterday, becoming the latest in a string of accidents involving Tesla cars, whose drivers claim the…
Cuban Oil Refinery Flooded, Oil Spills Into Bay
Cuba’s Cienfuegos oil refinery has sustained damage due to flooding after heavy rainfalls from subtropical depression Alberto, sending an unspecified amount of crude oil into the Cienfuegos Bay. Barriers were…
Lebanon Starts Offshore Oil, Gas Exploration
Lebanon began on Tuesday its first exploration for oil and gas, after Lebanese authorities approved an offshore exploration plan by an international consortium led by France’s Total, Lebanese Energy…
Another Bank Stops Funding New Coal, Oil Sands, Arctic Oil Projects
The Royal Bank of Scotland (RBS) said on Tuesday that it would no longer provide project-specific funding for new coal-fired power stations, thermal coal mines, oil sands projects, or…
Nigerian Oil Terminal Delays Add To Supply Concerns
Following disruptions of the oil flows on the pipeline feeding the Forcados terminal in Nigeria, the facility faces more than two weeks of delays of oil cargo loadings, and no…
Norway's Oil Industry Spends More On Exploration Than Expected
Norway’s oil industry is putting more money into exploration than expected, the country’s industry regulator told Reuters. What’s more, investments are seen to continue rising next year and in…
Saudi Arabia, UAE, Kuwait To Discuss OPEC Plans On June 1
Just as the Saudis and Russia are said to be considering bringing back some production to address supply concerns, the energy ministers of Saudi Arabia, Kuwait, and the United…
Gazprom Appeals Court Decision In Naftogaz Case
Gazprom has lodged an appeal against the ruling of a Swedish arbitration court in its long-running gas transit dispute with Ukraine’s Naftogaz, which was in favor of the Ukrainian company.…
India Will Buy Iranian Crude Despite U.S. Sanctions
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Terrorist Attacks In Libya’s Oil Crescent Raises Security Alert
Libya’s oil crescent on Sunday announced a maximum security alert over possible terrorist attacks in vital oil ports and oilfields, as OPEC’s third disruptor—after Iran and Venezuela—threatens to further unsettle…
Chinese Firm To Invest $2B In Oil Refinery In Iran
A Chinese investment firm will spend US$2 billion on building an oil refinery in the Iranian northern province of Mazandaran, the official Islamic Republic News Agency (IRNA) reported on…
Philippines: Beijing Oil Drilling In Disputed South China Sea A ‘Red Line’
The Philippines has notified China of its “red lines”—potential Chinese actions that would be unacceptable to Manila—in the South China Sea, including oil and gas extraction in disputed areas,…
Cities Vs. Big Oil: Judge Orders Plaintiffs To Find Benefits Of Fossil Fuels
Judge William Alsup who is hearing a case brought by San Francisco and Oakland against five Big Oil companies, has given the plaintiffs and Chevron a homework assignment that suggests…
Supermajors Evacuate Gulf Of Mexico Staff Ahead Of Storm
Chevron, Shell, and Exxon have begun evacuating staff working on offshore platforms in the Gulf of Mexico ahead of a subtropical storm Alberto. Production has not yet been affected,…
Truckers’ Strike in Brazil About To End, Another Coming
Just as the Brazilian government made some progress towards settling matters with truckers that have paralyzed the country with protests against high fuel prices, another strike is looming on the…
Trans Mountain Shuts Down After Spill
Kinder Morgan has shut down the Trans Mountain oil pipeline after a flow meter at a pump station leaked about 100 liters of crude. The pump station is in…
Saudis Say Aramco IPO ‘Most Likely’ In 2019
Saudi Aramco’s much-hyped initial public offering is “most likely” to take place in 2019, Saudi Energy Minister Khalid Al-Falih said on Friday, likely confirming that plans for the IPO…
Putin: Russia Could Consider Liberalizing Gas Exports
Russia will look into the possibility of opening up gas pipeline exports to companies other than the current exclusive exporter—state-controlled gas giant Gazprom—Russian President Vladimir Putin told the CEO…
Iran Demands Oil, Bank Guarantees From The EU By End-May
As the European Union (EU) is trying to salvage the Iran nuclear deal after the U.S. walked out of it, Tehran now wants Europe to submit a package of
