 |
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 • 16 mins | 2.551 | -0.004 | -0.16% |
|
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% | ||
|
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:
The Permian Shrugs Off Below-Zero Natural Gas Prices in Texas
In the oil rig basins…
Shale Helps Insulate U.S. from Oil Shocks—But Not Entirely
U.S. shale has provided that…
Energy / Crude Oil
OPEC Head: Global Oil Demand To Hit 100 Million Bpd This Year
Global oil demand will reach 100 million bpd later this year, “much sooner” than previously anticipated, OPEC’s Secretary General Mohammad Barkindo said an event on Wednesday, in a sign…
Survey: OPEC’s August Production Rises
OPEC’s oil production for the month of March was 220,000 barrels per day higher than July volumes, a Reuters survey showed on Friday. Oil prices bristled at the news,…
Saudis Boosted Oil Production To 10.424 Million Bpd In August
Saudi Arabia will report to OPEC that its crude oil production in August averaged 10.424 million bpd, up from the July levels, S&P Global Platts reported on Friday, quoting…
New Crude-By-Rail Service Aims To Ease Permian Bottlenecks
Texas-based Vista Proppants and Logistics has struck a deal with logistics firm JupiterMLP to transload crude oil from truck to rail at Pecos, Texas, and ship crude on the…
Production Growth In The Permian To Hit New Record
The current pipeline constraints in the Permian have been caused by the booming production recorded since the crude oil price recovered in mid-2016. While production has burgeoned, the necessary pipeline…
IEA: Oil Market To Tighten Toward Year-End
Robust demand and production uncertainty in some oil-producing countries are expected to tighten the oil markets as we approach the end of the year, Fatih Birol, the Executive Director of…
Oil Jumps On Bullish EIA Data
Crude oil prices were set to rise following the Energy Information Administrations’ latest weekly petroleum status report as the authority reported a draw in crude oil inventories, of 2.6…
The Biggest Breakthroughs In Oil Tech This Year
Oil and gas is among the more accident-prone industries. Compared with, say, banking, the likelihood of someone getting hurt on the job in oil is immeasurably higher. But just as…
Solving The Permian Pipeline Problem
The fracking revolution in the U.S. has considerably changed the global oil market and the strategic calculations of market participants. The initial entry of shale oil producers caused a crash…
India’s Thirst For Oil Is Outpacing China
In a disclosure that might not necessarily be good news for Indian economic and government planners, energy consultancy Wood Mackenzie said last week that India will pass China as…
The Permian Could Soon Have Too Much Pipeline Capacity
The Permian could soon have too much pipeline capacity, a glut that will present problems for midstream companies. You could be forgiven for doing a double take on that sentence.…
Aramco To Lose ‘Forever-Right’ To Saudi Oil Resources
In what could be a power struggle between Saudi Aramco and the Saudi government, the Kingdom has altered the concession contract with the oil giant to 40 years with an…
Mexico’s New President To Deal Blow To Oil Industry
Mexico will likely halt oil auctions for at least two years, dealing a blow to its oil industry. Mexico’s president-elect Andres Manuel Lopez Obrador (AMLO) will reportedly suspend oil auctions…
Lagging Oil Industry Weighs On Mexico’s Economy
Amid declining oil, agricultural, and industrial production, as well as an impending radical regime change, Mexico’s economy contracted more than previously projected in the second quarter, according to Mexico’s…
Who Is Seizing Iran’s Market Share?
The splendidly-directed movie 'There Will Be Blood' by P.T. Anderson is about the early days of the oil boom. There is an epic scene between actors Daniel Day Lewis…
Oil Ends Nearly Two Months Of Losses
Oil has closed the week on a positive note, with the latest rig count propping up prices despite bullish and bearish news pulling the market in all directions.
U.S. Oil Data Has Markets Confused
The oil market continues to stagger forward without direction, and the EIA data is offering little clarity. Just last week, the EIA reported a sharp build up in crude oil…
This Super Basin Is About To Make An Epic Comeback
Alaska’s North Slope is a “Super Basin” awaiting a “resurgence” in oil production, according to a new report. Over the next eight years, oil production could rise by 40 percent.…
Oil Rallies, But This Country Can’t Sell Its Crude
Thirty crude oil cargoes are sitting in Nigeria and waiting for buyers, Reuters reports, citing trading sources who added that the cargoes were part of the country’s loading schedule for…
Iran Sees Oil Exports Fall By More Than 600,000 Bpd
Iran’s oil customers may have started to drastically wind down purchases of Iranian crude ahead of the U.S. sanctions, with Platts preliminary tanker tracking data showing that in the first…
