 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.718 | -0.011 | -0.38% |
|
Bonny Light • 2 days | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 2 days | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 5 hours | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 5 hours | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 5 hours | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 5 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 • 3 days | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 7 days | 89.36 | +0.64 | +0.72% |
Breaking News:
Article Archive | Page 954
The New Oil Cartel Threatening OPEC
When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern…
Permian Bottlenecks Come At The Worst Moment
The growing number of supply outages around the world are causing the oil market to become a lot more volatile, putting extra emphasis on every barrel that does or does…
Do Crude Producers Really Want Higher Oil Prices?
Major states buying oil from Iran are unlikely to heed the U.S. call to drop imports; key allies want a waiver to avoid sanctions; OPEC, meanwhile, will have trouble boosting…
Support For Coal And Nuclear Power Could Harm Natural Gas
The U.S. Administration is seeking ways to save coal and nuclear power facilities from early retirement, citing concerns over a depletion of nuclear power in the energy mix and impacts…
The Netherlands Can’t Afford To Keep Its Natural Gas Promise
The Netherlands has been the source of cheap energy for northwest Europe for the past decades. The discovery of the Groningen gas field, the 9th largest in the world, provided…
OPEC Losing Control After Libya Outages
Russia and Saudi Arabia are rushing to calm oil markets following a new set of outages in Libya. (Click to enlarge)
Taiwan Doubles Down On U.S. LNG
Taiwan, which has seen increased military exercises off its coast by Chinese forces this year, has just inked a major energy deal with a U.S. energy firm. On Monday, Taiwan’s…
OPEC Production Jumps In June As Saudis Near Production Record
OPEC’s oil production in June increased by 320,000 bpd from May to stand at 32.32 million bpd, as the cartel’s biggest producer Saudi Arabia produced close-to-record volumes, according to a…
Oil Industry Faces Unexpected Skill Shortage
Automation, data analytics, the Internet of Things—you name it, the oil industry wants it. In the new post-crisis, efficiency-driven industry the adoption of digital technology has really flourished, and, as…
Saudi Arabia Won’t Bring 2 Million Bpd Online
President Trump said in a tweet on Saturday that Saudi Arabia agreed to boost oil production by 2 million barrels per day (mb/d), a claim that surely came as news…
Mexico’s New President Has The Energy Sector On Edge
Mexico’s historic energy reforms are now in focus with a change in administrations on the way. Andrés Manuel López Obrador (AMLO) won a landslide victory in Mexico’s presidential election on…
What Trump’s Tweet Actually Means For Oil
After a weekend of turmoil, largely caused by President Trump’s twitter diplomacy, the international oil cartel could soon be facing a new crisis. As previously reported, Saudi Arabia and Iran…
India Folds Under Pressure, Halts Iranian Oil Imports
In more dour news for Iran, India (the world’s fourth largest oil importer) is planning to cut oil imports from the embattled OPEC member. India’s oil ministry has asked refiners…
Russia Gets $63.5 Billion Windfall From OPEC+ Deal
Russia’s budget has received more than US$63.5 billion (4 trillion Russian rubles) in additional revenues thanks to the production cut deal between OPEC and non-OPEC nations led by Russia that…
This Is How Much U.S. Households Lose As Gas Prices Rise
U.S. gasoline prices are at a four-year-high this year as a result of the higher price of oil which has reached a three-and-a-half-year high in recent weeks. The increased…
Confirmed: ISIS Sold Oil To Assad & Turkey
Islamic State was selling oil and gas to the Syrian regime and to Turkey, while the militants were ruling over large areas in Syria and Iraq over the past three…
Saudi King To Trump: We Will Boost Oil Output If Needed
The White House has dismissed a suggestion that President Trump made in a tweet that Saudi Arabia is ready and willing to increase oil production by up to 2…
Libya Stops Pumping Oil
Libya’s National Oil Corporation has declared force majeure on crude oil loadings from two oil terminals, which effectively removed 850,000 bpd from the country’s production, Libyan media report. “Despite…
The Biggest Risk For Natural Gas Markets
Natural gas inventories in the U.S. are at their lowest level since 2014 for this time of year, raising the possibility that the country enters the winter drawdown season with…
Sanctions On Iran May Send Oil Prices Above $90 Next Year
According to Bank of America Merrill Lynch, oil prices will hit $90 a barrel by the second quarter of 2019, as Iranian oil barrels are removed from the market…
