 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 14 mins | 2.747 | +0.033 | +1.21% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 15 hours | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 15 hours | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 15 hours | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 15 hours | 75.75 | -2.68 | -3.42% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Breaking News:
Article Archive | Page 741
Europe Looks To Become An Electric Vehicle Battery Hub
Europe is sometimes — often, even — chided for its slow decision-making, which is seen by many as a product of being a “Club of 27” and the need to…
OPEC+ Agrees To Deeper Output Cuts
The OPEC meeting ended with ministers approving additional production cuts for Q1 2020, two delegation sources told Russian news outlet TASS on Thursday afternoon. The cuts for the OPEC+…
U.S. Shale Will Grow Regardless Of Oil Prices
U.S. shale oil production will continue growing even if international prices fall, says Rystad Energy. The Norwegian energy consultancy said in a new report that despite a
Aramco’s Offer Price Makes Its Share Sale The World’s Largest IPO
Saudi Aramco has set the final offer price of its initial public offering at the top end of the range, three sources with knowledge of the decision told Reuters…
An OPEC+ Surprise Cut Is Looking Increasingly Likely
OPEC+ is considering deepening cuts by as much as 500,000 bpd, a more aggressive effort to head off a supply surplus in 2020. The rumors from Vienna…
The Oil Company Built To Survive The Bear Market
The oil and gas industry has had a rough ride since the oil price downturn of 2014. Over the past five years, the Energy Select Sector SPDR ETF (XLE), which…
The U.S. Just Became A Net Oil Exporter For The First Time Ever
The United States exported more crude oil and petroleum products than it imported in September 2019—the first month in which America was a net petroleum exporter since monthly records began…
Natural Gas Set To Fall Even Further
Slowing gas demand in China is set to pressure international gas prices further, adding to the burden of producers, some of whom already have to deal with excess supply. Bloomberg…
Hedge Funds Are Quietly Piling Into Oil
Two weeks ago, hedge funds were selling off oil, taking their profits on an oil price rally that came about due to hopeful U.S.-China trade deal talks (disappointed again) and…
Iran's Most Powerful Oil Man Is Under Fire
Iran’s long-standing, extremely able, and highly respected – at home and abroad – Petroleum Minister, Bijan Zanganeh, is now facing impeachment and subsequent removal from office. Nine charges form the…
Shale’s Debt-Fueled Drilling Boom Is Coming To An End
The financial struggles of the U.S. shale industry are becoming increasingly hard to ignore, but drillers in Appalachia are in particularly bad shape. The Permian has recently seen job…
The One Sweet Spot That Continues To Drive Permian Growth
The Bone Spring formation has been one of the most prolific shale plays in the Permian in recent years and continues to drive production growth The Bone…
Diplomat Leaks Map Confirming Turkey’s Real Territorial Claims
A Turkish diplomat has revealed a map which delineates waters in the Mediterranean claimed by Turkey, amid an ongoing months-long standoff with Cyprus and Greece over Turkish oil and gas exploration…
Why Carbon Capture Is Essential For UK Oil And Gas
Trade body Oil and Gas UK’s (OGUK) new Energy Transition Outlook report, published today, finds that the development of carbon capture use, and storage technology (CCUS) is…
Renewables Can’t Offset Growing Need For Fossil Fuels
Solar and wind power are among the renewable energies forecast to spike in 2020, accounting for two-thirds of the new power generation capacity comings on line, a new report shows.…
Saudi Arabia Threatens To Flood Oil Markets If OPEC Members Don’t Cut Output
Three days after oil tumbled following a Bloomberg report that Saudi Arabia was angry at its (N)OPEC co-members for not complying with production quotas, and was no longer willing to compensate…
The Next Major Middle East Oil IPO
Oman Oil Company, wholly owned by the Gulf crude producer not part of OPEC, plans an initial public offering (IPO) of up to 25 percent by the end of 2020,…
Oil Soars On Crude Inventory Draw
The Energy Information Administration reported today a crude oil inventory draw of 4.9 million barrels for the week to November 29, after a 1.6-million-barrel increase reported for the…
Saudi Aramco Shoots For The Highest Possible Valuation
Saudi Arabia’s oil giant Aramco is assessing setting the final offer price of its initial public offering at the top of the indicative range, which would raise US$25.6 billion and…
Iraq: The Next Great Threat To Global Oil Markets
The next thing that will happen in Iraq if protesters’ demands aren’t met is this: They will target oil facilities--the only thing that will force any major change, and indeed,…
