 |
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
Nigeria Adds 200,000 Barrels Per Day To Its Offshore Output Capacity
A new floating production storage and offloading vessel (FPSO) arrived in Nigeria this week, adding 200,000 barrels per day of offshore output capacity to the OPEC country newly constrained by…
France Vows To Shut All Coal-Fired Power Plants By 2021
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Mexico Hastens To Auction Oil Blocks Before Presidential Election
Mexico will hold three oil auctions by the end of July, offering more than 100 areas in deepwater, shallow waters, and onshore, before Mexican President Enrique Peña Nieto—who ended the…
Dozens Of Small U.S. Refiners Seek Biofuel Waivers From EPA
A total of 27 small-sized U.S. refiners—a higher number than usual—have sought waivers from the biofuels standard program from the U.S. Environmental Protection Agency (EPA), Reuters reported on Thursday,…
Road Safety Watchdog Launches Probe Into Tesla Crash
The U.S. National Highway Traffic Safety Authority has launched an investigation into a crash that involved a Tesla Model S and a fire truck. The driver of the Tesla…
First Nations Tribes To Oppose Tanker Ban Set To Threaten Eagle Spirit Pipeline
First Nations leaders backing the $16 billion Eagle Spirit pipeline are raising money to challenge the Oil Tanker Moratorium Act that is currently making its way through the Canadian parliament,…
Saudi Aramco To Expand Business In The U.S. After Tax Bill
Saudi Aramco will expand its operations in the United States due to President Donald Trump’s pro-fossil fuel policies, the state-run giant’s CEO told Reuters. “We are looking at new…
European Gas Network Stable Despite Falling Dutch Production
Despite production cuts at the Groningen gas field in The Netherlands, European gas networks will have stable supply in the short and long terms, according to an industry source…
Saudi Arabia May Link Aramco Revenue Royalty To Oil Prices
Saudi Arabia may link the royalty on oil revenue that Aramco currently pays to oil prices, the state oil giant’s chief executive Amin Nasser told Bloomberg in an interview…
Brazil’s Eletrobras Expects Up To $4B Proceeds From Share Sale
Brazilian state-controlled utility giant Eletrobras expects the share sale part of its upcoming privatization to raise between US$3 billion and US$4 billion, Eletrobras chief executive Wilson Ferreira Jr. told Brazilian…
Trafigura Set To Increase US Oil Exports
One of the world’s biggest commodity traders, Trafigura, has signed a long-term agreement to transport 300,000 bpd from the Permian Basin to the port of Corpus Christi in Texas,…
Saudis To Maintain Q1 Crude Oil Exports Around 7 Million Bpd
Despite planned refinery shutdowns for maintenance at home, Saudi Arabia plans to keep the low level of its crude oil exports in the first quarter this year at around 7…
European Oil Shipments To Asia Slump To 4-Year Low
European crude oil shipments to Asia have dropped this month to a four-year low of 7.6 million barrels this month, Reuters trade flow information has revealed, as higher Brent…
Hong Kong Exchange Chief Confident Aramco Will List There
Saudi Aramco will eventually pick the Hong Kong Stock Exchange for its international listing, the bourse’s chief executive Charles Li told CNBC. He said that Hong Kong would make…
Oil Pares Gains After API Reports Surprise Crude Inventory Build
The American Petroleum Institute (API) reported a surprise build of 4.755 million barrels of United States crude oil inventories for the week ending January 17, ending the streak of seven…
Elon Musk Won’t Get Paid Unless Tesla Does “Extraordinarily Well”
Elon Musk’s compensation as chief executive officer at Tesla for the next 10 years will be contingent on the electric vehicle maker achieving ambitious performance targets, including raising its market…
U.S. Regulators Keep Keystone Capacity Capped At 80 Percent
TransCanada says U.S. regulators are still requiring the Keystone pipeline to operate at 80 percent capacity after the key vein suffered a 5,000-barrel leak a couple of months ago, according…
Trump Signs Off On 30 Percent Tariff On Imported Solar Equipment
In President Donald Trump’s first big move on controlling trade with China, the White House has authorized tariffs of up to 30 percent on imported solar power equipment, according to…
Russian Funds May Invest In Aramco’s IPO To Boost Oil Ties
Russian pension funds are mulling over investing in Saudi Arabia’s oil giant Aramco when it launches its initial public offering expected later this year, in a bid to boost the…
IMF Raises Saudi Arabia Growth Outlook On Higher Oil Prices
The International Monetary Fund expects Saudi Arabia’s economy to grow by 1.6 percent this year and 2.2 percent in 2019 thanks to higher oil prices, the authority said in the…
