 |
Louisiana Light • 1 day | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 1 day | 84.86 | -0.57 | -0.67% | ||
|
Opec Basket • 1 day | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 182 days | 81.76 | +2.02 | +2.53% | ||
|
Gasoline • 10 mins | 2.591 | -0.006 | -0.22% |
|
Bonny Light • 1 day | 84.86 | -0.57 | -0.67% | ||
|
Girassol • 1 day | 85.78 | -0.59 | -0.68% | ||
|
Opec Basket • 1 day | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 8 hours | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 8 hours | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 8 hours | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 8 hours | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 1 day | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 1 day | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 4 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June
Despite some crude inventory builds…
Nigeria To Launch Crude Trading at its Commodity Exchange
Africa’s biggest oil producer, Nigeria,…
Energy / Crude Oil
U.S. Oil Rig Count Leaps Higher
Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 12 to 205—a gain that may push prices down further. The total number…
How Will Exxon’s Big Bet On Oil Play Out?
In a world of oil companies that are turning green to attract a new sort of investor, the world's once most valuable public oil company, Exxon, is somewhat…
Oil Giants Play It Cool As World’s Largest Crude Market Recovers
The Asian market has moved into a state of cautious expectation. Although October is still only halfway through, one can state with a great degree of certainty that…
OPEC+ Discusses Stalled Demand Recovery, Return Of Libyan Oil
A panel of the OPEC+ group is discussing on Thursday the current major downside risks to oil prices—the return of oil supply from Libya and the rising coronavirus cases that…
Iran’s Sanction Busting Pipeline Is Just Months From Completion
With sanctions on Iran still in place following the U.S.’s unilateral withdrawal from the Joint Comprehensive Plan of Action (JCPOA) in May 2018, Tehran has been relying on the tried-and-tested…
Russia: OPEC+ To Relax Oil Production Cuts Despite Second Wave
The OPEC+ alliance is optimistic that it will be able to gradually ease production cuts from January as planned, despite surging coronavirus cases in many countries, Russia’s Energy Minister Alexander…
Could This Become The Next Big Shale Takeover?
ConocoPhillips is reportedly in talks with Concho Resources for a possible acquisition, which could become the third major deal in U.S. shale this year, after Chevron’s takeover of Noble Energy…
Saudi Aramco Sees Tighter Oil Markets In 2022
Aramco expects oil demand to rebound to pre-pandemic levels by 2022 while supply tightens, creating a deficit, the chief executive of the Saudi state energy giant told Energy Intelligence.…
Will Libya's Fragile Oil Truce Fall Apart This Week?
The prospect of the return of the 1.2 million barrels per day (bpd) of crude oil that Libya was producing before the broad-based blockade of its energy infrastructure caused it…
How The New Conflict Between Armenia And Azerbaijan Threatens Oil Markets
Sunday the 27th of September 2020, fighting flared up again in the South Caucasus between Armenia and Azerbaijan. The most recent war has displaced tens of thousands of citizens in…
Libya Restarts Oil Production At Its Largest Oilfield
Libya has restarted production at its largest field, Sharara, as peace talks began between eastern and western forces. The national Oil Corporation announced it had lifted the force majeure…
Why Nuclear Fusion Remains Our Best Bet For 100% Clean Energy
Long relegated to the trash heap of utopic clean energy technologies in the realm of harvesting energy from black holes, nuclear fusion is suddenly making a big…
Argentina’s Oil Boom Is Showing Signs Of Life
After the devastating impact of the COVID-19 pandemic on its economy, there are signs that Argentina’s once burgeoning oil industry is coming back to life. Exploration and development…
Saudi Arabia May Not Want To Ease Output Cuts In January
Saudi Arabia is mulling over canceling a planned relaxation of OPEC oil production cuts due to enter into effect next January, the Wall Street Journal reported, citing senior oil…
Saudi Aramco Doubles Down On Oil During Worst Demand Crisis Ever
The world's largest oil company, state-held Saudi Aramco, is looking to withstand the crisis created by the worst oil demand crash in history—by doubling down on oil. Saudi Aramco…
Saudi Oil Giant Aramco Dismisses ''Speculation'' About Peak Demand
Saudi Arabia’s state oil giant Aramco doesn’t fear peak oil demand as it doubles down on boosting oil production in the long term to beat its competitors, many of which…
OPEC: Oil Demand Will Grow Until Late 2030s
OPEC expects global oil demand will exceed the pre-pandemic levels in 2022 and grow steadily until the late 2030s, when it will begin to plateau, the cartel said on…
Why Exxon Is Still Going Big On Oil
For many years, Big Oil has been chided for its outsized role in climate change and even pilloried for trying to burnish its green credentials with half-hearted attempts…
Oil Prices Regain Some Losses On Bullish EIA Inventory Data
Crude oil prices moved higher after the Energy Information Administration reported a crude oil inventory build of 500,000 barrels for the week to October 2. A larger decline in…
Gulf Of Mexico Oil Drillers Prepare For Storm Delta
Oil producers in the Gulf of Mexico have started evacuating platform staff ahead of storm Delta that is forecast to reach the Gulf as a Category 3 hurricane before it…
