 |
Louisiana Light • 4 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 184 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.553 | -0.002 | -0.07% |
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 3 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 3 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 3 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 3 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 3 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 4 days | 75.43 | -0.05 | -0.07% | ||
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Oklahoma Sweet • 4 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 6 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 7 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Washington's Pleas Fall on Deaf Ears as Ukraine Strikes Russian Refineries
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Oil Moves Higher on Inventory Draw
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Energy / Crude Oil
Report: Big Oil Is Spending ‘’Too Much’’ On New Oil Production
Big Oil plans to spend nearly US$5 trillion in capital expenditure over the next decade, much of which would go into adding new production. Yet this money will also bring…
Oil Tanks After Trump Says He “Called Up” OPEC To Bring Gasoline Prices Down
U.S. President Donald Trump said on Friday that he “called up” OPEC and told the cartel that they have to bring gasoline prices down. “The gasoline prices are coming…
This Country Will Be Critical For The Oil Industry’s Future
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Saudi Arabia Will Cap The Oil Price Rally
The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around 1.1 million barrels per day…
Iraqi Oil Industry Takes A Critical Turn
For the world’s fourth-largest crude producer, natural gas is about to take pole position. Rystad Energy forecasts that gas developments in Iraq will overtake oil projects in 2019, measured in…
Saudi Oil Minister: We Won’t Ramp Up Oil Production Soon
Saudi Arabia plans to stay within the limits of its ceiling under the OPEC+ production cut deal in May and will certainly not rush to ramp up production, although it…
Oil Falls On Rising Crude Inventories
Crude oil prices suffered additional pressure today after the Energy Information Administration reported a build in crude oil inventories for the week to April 19.
Trump’s Iran Decision Could Kill The OPEC+ Deal
Trump’s decision to let Iran waivers expire could kill off the OPEC+ deal while dealing a serious blow to the coalition’s ability to coordinate production cuts. The Wall Street Journal…
Survey: Canada’s Government To Blame For Oil Crisis
The provincial government of Alberta and the federal government of Canada are the culprits behind the continuing problems of the country’s oil industry, which have now swelled to the size…
Trump’s Hardline On Iran Catches Markets Off-Guard
Oil prices spiked on Monday on news that the Trump administration has opted to take a hardline on Iran, letting sanctions waivers expire at the end of the month. The…
Trump's Latest Oil Market Gamble
Global oil prices started the week by spiking around 3 percent on reports that Washington was preparing to announce that all buyers of Iranian oil will have to end those…
Why The Argentinian Shale Boom Isn’t Taking Off
The Vaca Muerta shale play in Argentina has been a hot spot in global oil and gas for the past few years after exploration suggested it could yield oil and…
Saudi Arabia, Iraq Prepared To Reverse Oil Production Cuts
Saudi Arabia is ready to start pumping more oil if the United States indeed ends the sanction waivers they granted eight Iranian oil importers last November, Reuters reports, citing…
Why Russia Fails To Speed Up Production Cuts
Russia’s crude oil production stood at around 11.24 million bpd in the first 18 days of April, Reuters reported on Friday, citing an industry source. This means that the…
Exxon Makes Another Discovery In This New Oil Hotspot
ExxonMobil has made its 13th oil discovery in the newest hotspot offshore South America, Guyana, striking oil at the Yellowtail well, which adds to…
Can Big Oil Win Back The Younger Generations?
A recent Bloomberg headline must have made many who saw it wonder if it’s April’s Fools Day for the second time this year. The headline said Namaste, Oil Drillers:…
China’s Newest Oil Hotspot Is In America’s Backyard
Chinese state-run news agency Xinhua said on Tuesday that an affiliate of Chinese oil major CNPC, Great Wall Drilling, was drilling for oil off Cuba’s coast as part of…
Key Oil Demand Driver Set For Boost Later This Year
The oil price rally so far this year was as much a result of tightening supply as it was a sign of oil demand growth holding resilient and defying doom-and-gloom…
Libya’s Fragile Oil Renaissance Is Under Threat
Libya’s oil production has yet to suffer disruptions, even as oil prices have climbed on fears of potential outages. However, the longer fighting drags on, the more likely Libya’s oil…
U.S. Shale Is Upending Crude Flows In This Oil Frontier
The U.S. shale boom is upending global oil markets as far as crude flows from West Africa to Europe and other parts of the world, and is squeezing in particular…
