 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 21 hours | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 1 day | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 day | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 1 day | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 1 day | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
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Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
Breaking News:
The Future of Plastics Will Determine the Future of Oil Demand
Plastics will come to account…
Large Crude Inventory Build Rocks Oil Prices
Crude oil prices went lower…
Energy / Crude Oil
Rig Count Slides As U.S. Oil Output Remains At All-Time High
The the number of active oil and gas rigs fell sharply in the United States this week according to Baker Hughes, despite high US oil production for the week ending…
Saudis Follow Up On Deeper Oil Output Cuts Promise
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Staggering Demand Growth Could End Price Control In Oil Markets
Energy security is, without doubt, one of the most critical topics policymakers and professionals are concerned with. However, producers and consumers add a different meaning to these two words: the…
U.S. Will Soon Export More Oil, Liquids Than Saudi Arabia
In a pivotal geopolitical shift, the United States will soon export more oil and liquids than Saudi Arabia. This remarkable turnaround is made possible by the continued rise in oil…
Saudi Oil Minister: Aramco IPO On Track For 2021
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The Next Major Flashpoint For U.S. Shale
Colorado is overhauling the laws governing how the oil and gas industry operates in the state. The legislation seeks to put more protections on public health, safety and the environment…
China’s CNPC To Boost Oil Exploration Budget Fivefold
China’s state energy giant CNPC plans to increase its oil and gas exploration budget five times this year as the country’s dependence on foreign-sourced energy commodities deepens to nearly 70…
Oil Falls After EIA Reports Large Crude Build
A day after the American Petroleum Institute once again took markets by surprise by reporting a crude oil inventory build of 7.29 million barrels, the Energy Information Administration
Goldman: OPEC To Clear Supply Glut By April
Goldman Sachs expects OPEC to succeed in clearing what it has deemed excessive oil supply by April, when the latest production cut deal will be reviewed at a meeting of…
Canada’s Oil Patch Divided As Alberta Eases Cuts
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Be Wary Of Unrealistic Shale Growth Expectations
U.S. shale drillers are facing a serious problem: Their wells are not producing as much oil and gas as they had anticipated. When facing shareholder scrutiny, shale drillers have countlessly…
Oil Rises Amid Nigerian Oil Terminal Shutdown
Oil prices rose nearly 2 percent on Monday morning, on trade deal hopes and OPEC supply outages. One of the largest OPEC outages at the moment is the supply disruption…
Global Oil & Gas Drilling Set To Surge In 2019
After the recovery in global oil and gas drilling seen in 2018, this year the pace of drilling growth around the world is set to step up, albeit moderately, analysts…
China Says Massive Shale Oil Reserves Found In North
China has found massive shale oil reserves in its northern Tianjin municipality, Chinese news agency Xinhua reported on Friday. Two wells at a field have been flowing for more…
Reuters Survey: OPEC Oil Production Drops To Four-Year Low
OPEC’s production dropped to a four-year low in February, helped by Saudi Arabia and its Arab Gulf allies overachieving in their shares of the cuts, the monthly Reuters survey…
Is U.S. Oil Returning To China?
The latest signals from the U.S.-China trade dispute appear to be that progress has been made in the talks and the two biggest economies in the world may avert a…
Saudi Arabia Oil Exports To U.S. Nosedive
Saudi Arabia’s crude oil exports to U.S. are falling sharply, with shipments so far this month at just 1.6 million barrels, according to data compiled by Bloomberg, versus 5.75…
A Worrying Trend For Oil Bulls
2019 has been lovely for crude oil bulls. Brent prices increased 54 cents on their first trading day of January beginning a move in which oil rose on 26 of…
Oil Is Going Nowhere In Maritime Transportation
What do Japan’s recent positioning in favour of open-loop scrubbers and the global trade slowdown have in common? They will both serve to slow fuel use change in the shipping…
Saudis Leaning Toward OPEC Cut Extension
Saudi Arabia’s Energy Minister Khalid al-Falih said on Wednesday that he was leaning toward an extension of the OPEC+ production cuts after June, although he noted that the producer…
