 |
Louisiana Light • 1 day | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 1 day | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.710 | -0.019 | -0.70% |
|
Bonny Light • 1 day | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 1 day | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 1 day | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 39 mins | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 39 mins | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 39 mins | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 39 mins | 75.75 | -2.68 | -3.42% |
|
Eagle Ford • 1 day | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 1 day | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 6 days | 89.36 | +0.64 | +0.72% |
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News
OPEC Output Climbs In January Despite Venezuelan Crisis
OPEC output in January rose, despite declining production in Venezuela in the same month, a new Reuters report says. Compliance to the 2016 OPEC deal remains strong, even as…
BP Predicts Natural Gas Will Be World’s Main Fossil Fuel By 2040
British Petroleum anticipates that natural gas will take over oil as the world’s main fossil fuel energy source by the year 2040, according to a new report by Reuters.…
U.S. Tax Overhaul Boosts Oil Sector By Billions
The U.S. tax overhaul signed into law by President Donald Trump last month will boost the oil industry by $190.4 billion, according to estimates by Wood Mackenzie released on…
Russia Warns Against Cutting Off North Korea’s Oil
North Korea should not be totally cut off from oil product supplies because Pyongyang would see such a move as a declaration of war, Russia’s ambassador to North Korea, Alexander…
Chevron Makes Major Oil Discovery In Deepwater Gulf Of Mexico
Chevron has struck a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico, the corporation said late on Tuesday. The Ballymore…
Cuba Expands Fuel Imports From Algeria As Venezuela Falters
Cuba has signed a deal with Algeria to increase the amount of oil products it imports from the North African country as its main supplier, Venezuela, struggles to stay afloat.…
British Columbia Proposes New Rules For Trans Mountain Pipeline
The province of British Columbia has put one more hurdle in front of Kinder Morgan’s Trans Mountain oil pipeline project by proposing new rules that would result in cuts in…
Oil Prices Head Lower After API Reports Crude Inventory Build
The American Petroleum Institute (API) reported a moderate build of 3.229 million barrels of United States crude oil inventories for the week ending January 23, according to the API data.…
U.S. And Iranian Naval Forces Get Friendly In Major Oil Vein
The number of standoffs between the American and Iranian navies in the Persian Gulf has decreased due to an observed change in behavior by U.S. forces, an Iranian Revolutionary Guards…
Iraq To Export 60,000 Bpd Kirkuk Oil To Iran In Swap Deal
Iraq will begin exporting next week 60,000 bpd of oil from the fields in Kirkuk to an Iranian refinery across the border via tanker trucks, in exchange for refined…
Senior Battery Engineer Leaves Tesla
Battery technology engineer Ernest Villanueva—who has helped design the battery models powering all of Tesla’s models—has left the electric vehicle maker, CNBC reports, citing a person familiar with the…
China’s Coal-To-Gas Transition Sputters
China’s ambitious program to shift from coal to gas is showing more signs of stuttering as the province of Hebei this week stopped a program that envisaged the conversion…
Iraq Loosens Export Rules To Get Better Prices
Iraq has relaxed its crude oil exporting rules in a bid to pocket better prices for its most precious commodity despite the continuing rally. Baghdad now allows buyers to…
North Korea Forced To Curb Military Exercises As Oil Embargo Continues
North Korea may be curbing its military exercises due to the United Nations’ oil embargo targeting the nuclear weapons program, according to The Wall Street Journal. Pyongyang usually conducts…
Washington State’s Oil-By-Rail Project Denied By Governor
A proposed oil-by-rail terminal along the Columbia river was denied a permit by Washington Governor Jay Inslee, according to a new report by the Statesman Journal. A state energy…
Four New Oil Refineries In Iraq Will Add 700,000-bpd Capacity
The prospect of four new oil refineries in Iraq is attracting Chinese investment to the nation that is recovering from years of civil war and low oil prices, according to…
Canada’s Fort Hills Oil Sands Project Achieves First Oil
The Fort Hills oil sands project in Alberta, Canada, has achieved first oil, with production expected to ramp up over the coming months to 180,000 bpd, France’s Total—which holds 26…
Ecuador Makes Progress In Oil Export Talks With China
Ecuador and Chinese oil companies have reached a partial agreement on exports from the Andean country, but Quito will continue to insist on better conditions, the country’s Hydrocarbons Ministry said…
Chinese Coal Futures Spike On Shortage Concerns
Prices of coal futures in China hit the highest since they were launched three years ago on growing worry about shortages of the fuel as peak winter energy demand continues…
Hackers Create “Perfect Virus,” Put Oil Companies On Edge
Russian security services have arrested a local hacker who planted malware at gas stations across Russia’s southern regions that had been cheating drivers out of the gasoline that they…
