 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.581 | +0.003 | +0.13% |
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 1 day | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 7 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 7 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 7 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 7 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
Texas Deepwater Oil Export Projects Stall
Four projects were planned offshore…
Big Oil’s Carbon Capture Conundrum
Energy experts and environmentalists express…
Energy / Crude Oil
China’s Oil Imports Jump To 4-Month High In September
China imported 9.05 million bpd of crude oil in September, for a total of 37.12 million tons, which was the highest rate of crude oil intake since May, Reuters…
EIA Inventory Count Accelerates Oil Price Slide
The U.S. Energy Information Administration reported a build in commercial crude oil inventories of 6 million, speeding up an oil price decline prompted by a variety of factors, including…
EIA: Market Tightens As Outages From Iran, Venezuela Pile Up
Iran’s crude oil production fell by more than 400,000 per day from May 2018 to September, reaching an average of just 3.4 million barrels per day last month, according to…
Will Big Oil Ever Win Back Investors’ Trust?
Good news is flooding into the oil and gas industry, it seems. After reports of higher exploration budgets and various discovery announcements, here’s more: Big Oil’s total free cash flow…
BP Chief: Saudi Arabia Is Holding Back Production
“I think Saudi Arabia does have capacity that can bring to the market,” BP’s chief executive Bob Dudley told CNBC on Wednesday on the sidelines of the Oil &…
Saudis To Boost Oil Supply To India As Iran Sanctions Kick In
Saudi Arabia is set to deliver extra 4 million barrels of its oil to India in November, Reuters reported on Wednesday, citing several sources familiar with the plans, in…
U.S. Crude Oil Exports Could Jump To Almost 4 Million Bpd By 2020
U.S. crude oil exports could increase to 3.9 million bpd by 2020, mostly driven by rising production in the Permian, the Houston Chronicle reported on Tuesday, citing a new…
North Sea Oil & Gas Operating Costs Rose Last Year
Production and operating costs of oil and gas field operators in the UK North Sea section went up by about 2 percent last year, the Oil and Gas Authority—the national…
North Sea Oil Renaissance Could Flop
Last year, when Oilprice wrote about a rush of investments into North Sea oil and gas, it looked like that part of the oil world was undergoing a seismic…
Iran: Saudis Aren’t Replacing Our Oil Exports
The market will never buy Saudi Arabia’s claim that it has been compensating for the loss of Iran’s oil exports, Iranian Oil Minister Bijan Zanganeh said on Monday, adding…
Iran’s Crude Exports Plunge To 1.1 Million Bpd
Iran’s crude oil exports plunged to 1.1 million bpd in the first seven days of October, sliding further down from 1.6 million bpd in September as we are just four…
Houthi Rebels Detain Fuel Tankers At Oil Port Hodeidah
The Yemeni Houthi rebels have detained 10 vessels, including fuel tankers, at the port of Hodeidah, and are preventing them from offloading their cargo, The National reports, citing Yemen’s…
Should Energy Investors Be Worried By The Fed’s Latest Move?
Just in case you didn’t notice, stocks lost ground yesterday, and the reason du jour was a surge in interest rates. The yield on the benchmark 10-year T-Note climbed to…
Coal Use Rises As Renewables Fall In U.S. Electricity Generation
The EIA released the latest edition of their Electric Power Monthly on September 25th, with data for July 2018. The table above shows the percentage contribution of the main fuel sources…
IEA: Plastics Will Replace Fuels As Key Oil Demand Driver
Plastics will displace fuels as the main driver for crude oil demand, the International Energy Agency said today, adding that petrochemicals will come to account for more than 33…
Goldman Warns Of Oil Market Surplus Next Year
The oil market could swing into a surplus in early 2019 as spare capacity is deployed, Goldman Sachs said in a note to clients cited by Reuters. The investment…
The No.1 Pitfall For Oil Prices
One of the few variables that could spoil the oil prices, which many see destined to climb higher, is the pitfalls facing global demand. Global synchronized growth already came to…
Big Oil Is Back On A Spending Spree
Big Oil—and its smaller competitors—attracted a lot of praise for their tight financial discipline during the last three years, after Brent collapsed from more than US$100 a barrel to less…
Is The Threat Of High Oil Prices Overstated?
As U.S. sanctions on Iran have forced some countries to stop importing oil from Iran, crude oil prices have inevitably risen. The U.S. started down this path earlier this year…
IEA Asks Majors Oil Producers To Boost Production
Rising oil prices are hurting consumers, Fatih Birol, the Executive Director of the International Energy Agency (IEA), says, calling on major all producers to do the best they can to…
