 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 18 hours | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 25 mins | 2.735 | +0.001 | +0.03% |
|
Bonny Light • 18 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 18 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 17 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 17 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 17 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 17 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Article Archive | Page 1079
Iraq’s Solution To Lower For Longer Oil Prices
OPEC’s second-largest oil producer, Iraq, has never hidden the fact that it wants to get the highest possible revenues from its oil. It even pleaded exemption from the cartel’s cuts…
Are Libyan Oil Production Gains History?
In addition to the negative repercussions of hurricane Harvey, which heavily impacted the Gulf of Mexico oil and gas production and petrochemical plants, global oil markets are facing disruptions from…
Russian Energy Unaffected By U.S. Sanctions
President Trump signed an array of sanctions against Russia, Venezuela, and North Korea, with those against Russia specifically targeting the country’s energy industry. The idea of sanctions, theoretically, is to…
Can Mexico Capitalize On This Golden Oil Opportunity?
As the political and economic climate in Venezuela continues to deteriorate and oil output sinks to new lows, a production vacuum is opening up in the Caribbean. Seeing an opportunity…
Russia’s Comeback In The LNG Race
In a little more than a month’s time, Russia will formalize its claim for a bigger role in the ever-expanding global LNG market. Early October, when the Yamal LNG will…
U.S. Taps Strategic Petroleum Reserve After Hurricane Harvey
U.S. Secretary of Energy Rick Perry authorized on Thursday an emergency release from the Strategic Petroleum Reserve (SPR) of 500,000 barrels of crude oil after Hurricane Harvey disrupted the…
Gasoline Shortages Loom On East Coast As Colonial Pipeline Shuts Down
The destruction Hurricane Harvey leaves in its wake has prompted the shutdown of a major fuel artery to the East Coast, the Colonial pipeline. The pipeline, which has a…
Hurricane Harvey Is A Disaster For OPEC
The skies are clearing over Houston, but the damage from the remaining elements of Hurricane Harvey has spread east to Port Arthur and Lake Charles along the Texas-Louisiana border. That…
Failed Oil Price Recovery Slams Energy Stocks
The oil price recovery that analysts and investors were expecting early this year have failed to materialize, battering the energy sector stocks in 2017. Shares of energy companies are set…
European Refiners Set To Benefit From Gulf Coast Chaos
The refinery outages from Hurricane Harvey have left a very large, if temporary, void in the refined product supply, a space set to be filled by refiners located far from…
Will This Bring Big Oil Back To The Bakken?
If shale plays were people, everyone would be jealous of the Permian for getting all the attention. It is the leader in overall national oil output growth, and just last…
Power Companies Snubbed By Trump’s Tax Proposal
We have often thought that tax policy should be written by the U.S., Department of Agriculture. Who better to deal with all the sacred cows and gored oxen? As the…
Is Cactus Gas The Future Of Biofuel?
The prickly pear cactus (locally known as nopal) is ubiquitous in Mexico. Farmed in massive quantities across the nation, it’s a local food staple, an ancient sacred symbol, and the…
Gasoline Prices Rocket As Exxon Shuts Beaumont Refinery
Texas, as hurricane Harvey caused flooding and extreme weather, Reuters reported, citing sources familiar with the refinery operations. Exxon shut the 240,000-bpd Crude B unit, and the 45,000-bpd coking…
The Slow Death Of Nuclear Power In Europe
Nuclear energy has been moving away from power-rich countries to nations bereft of diverse power generation opportunities, all the more so after the 2011 Fukushima disaster. Europe has been particularly…
Oil Markets React Stoically To Strong Crude Inventory Draw
Amid the shutdown of 20 percent of U.S. refining capacity caused by Hurricane Harvey and the pending shutdown of more refineries as the storm moves on to Louisiana, the…
Oil Field Disruptions Cost Libya 350,000 Bpd In Output
Recent disruptions of oil production in Libya have cost the country 350,000 barrels daily in lost output, the central bank of the country said, adding that the effects of…
Texas Shale Hit Hard By Hurricane Harvey
Crude oil prices are taking a serious hit from Hurricane Harvey, slammed on multiple fronts at a time when benchmark prices were already showing some signs of strain. As has…
Alaskan Oil Returns With A Vengeance
After years of steady decline in production and bottomed-out oil prices, Alaska is in a rough spot. They’re over a billion dollars in debt, in large part thanks to unfulfilled…
Lower-For-Longer Drives Leadership Shift In Big Oil
When the Wall Street Journal last week reported that Chevron’s chief executive John Watson would step down, the most likely replacement as a “new leadership for a changing oil…
