 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 24 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 • 8 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 24 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 24 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 15 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 15 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 15 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 15 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% |
Growing Coal Dependency Puts Central Asian Economies at Risk
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News
Total Works On Iran Gas Project Despite Uncertainty Over U.S. Sanctions
France’s supermajor Total SA continues to work on the South Pars gas project in Iran despite the uncertainty over potential new U.S. sanctions on Iran, Total’s chief executive Patrick Pouyanne…
Rystad: Statoil’s Sverdrup Cost Reduction Outshines U.S. Shale
Norway’s Statoil (NYSE:STO) said on Wednesday that it had reduced the breakeven for the first phase of its Johan Sverdrup offshore project to below US$15 per barrel—a reduction…
Aramco, Petronas Set To Raise $8B Loan For Malaysian Refinery
Saudi Aramco and Malaysia’s state-held oil firm Petronas are close to signing a deal to take an US$8-billion loan that would partly finance the construction of their joint refining and…
Petrobras Ready To Sell Troubled US Refinery
Petrobras is preparing to launch a tender for its 110,000-bpd refinery in Pasadena, Texas, the company said this week. The facility has become notorious as it was an object…
Oil Prices Inch Higher After API Reports Surprise Crude Draw
The American Petroleum Institute (API) reported a surprise draw of 1.050 million barrels of United States crude oil inventories for the week ending January 30, according to the API data.…
Colombian Oil Field Shuts Down After Threats, Attacks on Facility
The Cubiro oilfield in northern Colombia was shut down on Monday after a series of threats and attacks against the facility’s workers, the company said. The National Liberation Army…
Africa’s No.2 Oil Exporter Wants To Diversify Into Gold
OPEC member Angola—Africa’s second-largest oil exporter that relies on oil for 90 percent of government revenues—wants to expand its commodity mix into gold and hopes to start producing small quantities…
Halliburton Challenges Schlumberger On Patents
The top U.S. oilfield service provider Halliburton is challenging the world’s largest oil field service provider Schlumberger on a new turf these days—the U.S. Patent and Trademark Office—asking the agency…
Big Oil, Meet Your Next Rival: The Flying Car
At a time when EVs and driverless technology are all the rage, Chinese drone maker EHANG has posted footage of the latest test flights of its EHANG 184 passenger-carrying…
Mexico’s Obrador Steps Up Oil Nationalism Rhetoric
Not a week after Mexico hosted its latest oil auction, the frontrunner for the next presidency in Mexico, Andres Manuel Lopez Obrador, has stepped up his nationalist rhetoric, saying…
Gulf Of Guinea Pirates Release Oil Tanker Crew
Pirates have released the 22-strong crew of the Marine Express tanker, which they captured a few days earlier. The tanker’s owner, Anglo-Eastern, said in a statement, "All crew members are…
Energy Stocks Face Two Days Of Tough Sell-Offs
A second day of low growth for energy stocks marks the sector’s worst Wall Street performance in 2.5 years, according to a new report by CNBC. The news comes…
Total Enters Guyanese Offshore Drilling Game
Total said that it has expanded its footprint in South America by investment in offshore blocks near Guyana, according to a new report by UPI. The contracts, which the…
Iraqi Forces To Secure Iranian Border Areas For Oil Shipments
Iraqi forces will soon begin a plan to secure border areas near Iran in order to develop an oil export route to its neighboring country, according to a new report…
Indian Oil Tanker Missing Off West Africa Feared Hijacked
Authorities are searching for a tanker carrying 13,500 tons of gasoline and 22 Indian nationals that went missing on Thursday off the coasts of West Africa in an area…
Tesla Threatens To Pull Out Of Hong Kong Over EV Incentives
Tesla is considering curbing its presence in Hong Kong if the city’s authorities don’t start offering EV buyers more incentives, a source close to the company told South China…
ISIS Tries To Attack Libyan Oilfield
Terrorists from the Islamic State have tried to attack the Dhara oilfield, sources from the Libyan National Army told local media. The LNA confronted the terrorists before the attack…
Chevron To Export First Condensate From Wheatstone LNG
Chevron has sold the first cargo of condensate—the ultra-light oil often produced alongside natural gas—from the Wheatstone LNG facility in Australia to Thailand’s PTT, Reuters reported on Monday, quoting…
Venezuela Skirts U.S. Sanctions With Chinese Oil-For-Cash Loans
Oil-for-loan deals between Beijing and Caracas are preventing American sanctions from having their full effect on Venezuela’s economy, according to David Malpass, U.S. treasury under-secretary for international affairs. “Most of…
U.S. Investors Seek Approval For Large Payout In Petrobras Corruption Scandal
Three billion dollars in settlements regarding an ongoing corruption scandal in Brazil need to be approved by the country’s parliament, including a $50 million settlement with the ordeal’s main…
