 |
Louisiana Light • 2 days | 85.94 | +1.00 | +1.18% | ||
|
Bonny Light • 1 day | 84.21 | -1.43 | -1.67% | ||
|
Opec Basket • 2 days | 84.52 | +1.10 | +1.32% | ||
|
Mars US • 9 hours | 79.06 | -2.24 | -2.76% | ||
|
Gasoline • 11 mins | 2.397 | -0.053 | -2.17% |
|
Bonny Light • 1 day | 84.21 | -1.43 | -1.67% | ||
|
Girassol • 1 day | 84.27 | -1.44 | -1.68% | ||
|
Opec Basket • 2 days | 84.52 | +1.10 | +1.32% |
|
Peace Sour • 6 hours | 76.51 | -1.99 | -2.54% | ||
|
Light Sour Blend • 6 hours | 77.41 | -1.99 | -2.51% | ||
|
Syncrude Sweet Premium • 6 hours | 80.91 | -1.99 | -2.40% | ||
|
Central Alberta • 6 hours | 76.66 | -1.99 | -2.53% |
|
Eagle Ford • 1 day | 80.56 | -1.99 | -2.41% | ||
|
Oklahoma Sweet • 1 day | 79.00 | -2.00 | -2.47% | ||
|
Kansas Common • 2 days | 75.00 | +1.00 | +1.35% | ||
|
Buena Vista • 2 days | 88.84 | +0.89 | +1.01% |
OPEC+ Ready To Risk Higher Prices
OPEC+ is ready to risk…
Aramco CEO: Underinvestment In Oil Is A ‘’Huge Concern’’
Crude oil production capacity is…
Energy / Crude Oil
Exxon Is By Far The Best Bet On Guyana’s Offshore Oil Boom
Global energy supermajor ExxonMobil is one of the few Western energy companies to invest in developing Guyana’s burgeoning oil industry. Since making the first high quality oil discovery…
Alaska’s Oil Renaissance Stumbles Despite Rise In Crude Prices
As the United States slowly begins to recover from the economic low-point of the pandemic, some states are getting left behind. Jobs numbers…
Pipeline Leak Disrupts Libya’s Oil Exports
Libya’s Es Sider pipeline has a major leak that will require a 7- 10-day shutdown for maintenance, NOC reported on Wednesday. The news comes on the back of Tuesday’s report…
Crude Build Puts The Brakes On The Oil Price Rally
Crude oil prices retreated today after the Energy Information Administration reported an inventory build of 4.3 million barrels for the week to October 22. This compared with a…
OPEC+ Ready To Risk Higher Prices
OPEC+ is ready to risk prices going higher and affecting demand rather than add more supply to curb the upward potential of benchmarks, Reuters’ John Kemp wrote in a…
A Global Oil Shortage Is Inevitable
Chronic underinvestment in new oil supply since the 2015 crisis and the pressure on oil and gas companies to curb emissions and even “keep it in the ground”…
Money Managers Are Throwing Their Weight Behind The Oil Price Rally
The prospect of Brent crude reaching $90 per barrel is becoming increasingly realistic, and West Texas Intermediate yesterday…
Aramco CEO: Underinvestment In Oil Is A ‘’Huge Concern’’
Crude oil production capacity is dwindling globally, and more investments in new production are needed urgently, Aramco's chief executive told Bloomberg. "It's a huge concern," Amin Nasser said, adding that…
Saudi Oil Minister: OPEC+ Shouldn't Rush To Boost Production
OPEC+ needs to remain cautious with its approach to oil production adjustments despite rising prices, Saudi Arabia’s oil minister Abdulaziz bin Salman told Bloomberg in an interview. Bin Salman…
Oilfield Service Companies Can’t Catch A Break
Unless you’ve been living under a rock, you’re probably well aware that oil and gas prices are skyrocketing around the United States and around the world. As the…
Putin: Not All OPEC+ Producers Can Ramp Up Output Quickly
Although the OPEC+ alliance is currently ramping up its collective crude oil production slightly above what they had agreed on, not all members of the group can quickly raise their…
Canada’s Oil Industry Is Facing Resistance On All Fronts
According to the International Energy Agency (IEA), Canadian oil is set to decline within the next decade. That has not stopped funding from flooring into new projects however…
Venezuela’s Crumbling Oil Industry Is An Environmental Time Bomb
Venezuela’s profound economic and humanitarian crisis fails to attract the headlines it once did, particularly after the U.S. recognized interim president Juan Gauido’s May 2019 uprising failed. While…
Oil Rebounds On Surprise Crude Inventory Draw
A week after it reported a sizeable oil inventory build that pushed prices lower for a while, the EIA today said crude oil had last week shed 400,000…
Excitement Builds As Big Oil Prepares To Release Earnings
Third-quarter 2021 earnings season is about to hit high gear, with 72 S&P 500 companies set to report this week. Among them are
Biden Administration Begs OPEC For More Oil
The Biden administration is not giving up on its attempts to convince OPEC that it needs to pump more oil as retail fuel prices remain uncomfortably high across the United…
Permian Oil Output Close To Pre-Pandemic Level
Crude oil production in the Permian has climbed closer to pre-pandemic levels, according to the latest drilling productivity report of the Energy Information Administration. According to the report, oil…
OPEC+ Under Produces Quota Despite Calls For More Oil
The OPEC+ group saw its overall compliance with the collective oil production cuts at 115 percent in September, a delegate told Argus on Monday, down from the 116-percent compliance…
How Much Oil Can OPEC Realistically Add?
Two weeks ago, in a short and terse affair that did nothing to address the spill-over from overheating gas markets, OPEC+ confirmed that it would stick to its…
China Once Again Cuts Oil Import Quotas For Indepedent Refiners
Beijing has cut the crude oil import quotas for independent refiners for the rest of the year in the latest move to curb their growing oil market clout, Reuters has…
