 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 17 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 1 day | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 day | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 1 day | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 1 day | 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% |
Canada's Hydro-Heavy Decarbonization Strategy in Jeopardy
Drought has disrupted Canada's hydropower…
Oil Exports or Carbon Credits: The Global South’s Dilemma
Asking developong nations to stop…
New Russian Sanctions Spark Metal Market Volatility
Sanctions on Russian copper, aluminum,…
News
Shell Approves Its First North Sea Oil Project In Six Years
Shell is going ahead with the redevelopment of the Penguins oil and gas field in the UK North Sea, the oil major said on Monday in its first major…
China Unlikely To Maintain Record Oil Product Exports
China exported a record volume of refined oil products in December, but the oil price rally has been driving refining margins down in recent weeks. These falling margins mean…
Australia Solar Power Additions Hit Record In 2017
Australia’s new solar capacity addition hit the highest on record, according to preliminary estimates from the Clean Energy Regulator, at 1.05 GW, Bloomberg reports. The country is among the…
Morocco Prepares $4.6B Gas Project Tender
Morocco is preparing to launch a tender for a natural gas project worth US$4.6 billion, the country’s Energy Minister Aziz Rabbah said in a Bloomberg interview. The gas will…
Iranian Oil Tanker Sinks After Second Explosion
A second explosion on board the Iranian tanker Sanchi, which had been burning for a week, sank the vessel, leaving no hope for any survivors from the 32-strong crew.…
Russia To Discuss Possible Exit From OPEC Deal
Russia may be on its way out of the OPEC output reduction deal, according to the country’s Energy Minister, Alexander Novak. Reuters reports that Novak might discuss the country’s…
Iranian Oil Tanker Drifts Into Japanese Waters As Fires Rage On
The Iranian oil tanker that collided with another vessel in the East China Sea is now drifting towards the Japanese exclusive economic zone due to strong winds, according to
IEA: $65-70 Oil Could Cause Surge In U.S. Shale Production
Oil producers may be enjoying oil prices at $65 to $70, but these price levels are likely to encourage even more oversupply from U.S. shale, Fatih Birol, the Executive…
Kenya Cuts Share Of Oil Revenues To Local Communities
Kenya has decided to allocate 20 percent of future oil revenues to the communities where crude oil has been discovered, cutting the share from an initial proposal to give local…
Russia’s Lukoil May Sell 20% In Oil Trader Litasco
Russia’s second-biggest oil producer, Lukoil, is mulling over selling 20 percent of its oil trading arm, Litasco, to managers of the oil trader, Lukoil’s chief executive Vagit Alekperov said…
Falling Chinese Oil Imports Weigh On Prices
China imported 12 percent less crude oil in December than in November, when crude imports had hit a record high, sparking immediate concern about demand from one of the…
Shell Considers Buying Dutch Green Energy Supplier
Shell is mulling over a bid for Dutch green energy company Eneco Group, which is active in wind, solar, and biomass, the Dutch newspaper De Telegraaf reported, citing sources…
Wind And Solar Prices Continue To Fall
The green energy company Xcel Energy reported low bids on orders for wind and solar installations with storage in 2016. Bids for wind energy alone stood at just $18.10/MWh,…
Residents Flee After Nigeria Gas Company Pipeline Explodes
A heavy explosion at the Nigeria Gas Company pipeline, which crosses the Ugbokodo community near the Warri Refinery, caused chaos in the area, according to emerging reports. The explosion…
Venezuela To Pre-Mine Petro For Release In 6-Weeks
Venezuela is getting ready to pre-mine its cryptocurrency for an official release six weeks from now, just one day after the country’s National Assembly declared the Petro illegal. The…
Trump Says U.S. “Could Conceivably” Rejoin Paris Climate Accord
U.S. President Donald Trump said on Wednesday that the United States “could conceivably” return to the Paris Climate Accord, which sets out a global action plan to avoid dangerous…
Saudis Shortlist New York, London, Hong Kong For Aramco IPO
Saudi Arabia has shortlisted New York, London, and Hong Kong for the initial public offering of its oil giant Aramco, with the three exchanges considered either singly or a combination…
Rigid EU Rules Makes ICE Move 245 Oil Futures Contracts To U.S.
One of the world’s largest commodity exchanges, the Intercontinental Exchange (ICE), will move trading in 245 futures and options contracts on North American oil and natural gas liquids to the…
Norway Reports Record Gas Sales To Europe In 2017
Norway delivered a record-high 4.1 trillion cu ft of natural gas to Europe, including the UK, last year, capturing a quarter of the market, the country’s largest natural gas shipper…
Trump’s Plan Makes 65 Billion BOE Available For Drilling
Rystad Energy expects the Trump administration’s new oil and gas leasing plan to make 65 billion barrels of oil equivalent newly available to fossil fuel exploration and production companies, according…
