 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 38 mins | 2.776 | +0.018 | +0.66% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 2 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 2 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 2 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 2 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
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Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
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Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Texas Deepwater Oil Export Projects Stall
Four projects were planned offshore…
Javier Blas: 10 Things Oil Traders Need to Know About Iran's Attack on Israel
Javier Blas analyzes the impact…
Energy / Crude Oil
In A Bold Move, Saudis Raise Crude Prices For Asia
Saudi Arabia’s Aramco said yesterday that it will raise the October price of its Arab Light crude oil blend for Asian clients by US$0.55 a barrel to a premium…
Oil Takes Center Stage In Norway’s Election
Western Europe’s biggest oil and gas producer, Norway, is holding a general election next week—the outcome of which will be largely determined by the oil policies and oil-related economic issues…
These Numbers Suggest Yet Another Surge In The Permian
The Permian is the heart of modern oil and gas activity, with well over 300 rigs operating and tremendous growth set to continue. But companies need to continuously drill new…
Is Big Oil Prepared For The Natural Gas Era?
By 2034, natural gas will overtake oil as the main source of energy, and by 2050 it will be the single largest such source globally, satisfying 27 percent of demand.…
Is Egyptian Oil Set For A Rebound?
This week Egypt signed three major exploration deals with oil giants Royal Dutch Shell and Apex worth at least $81.4 million. The hefty international contracts will kickstart a large-scale oil…
Oil Prices Slide Despite Falling OPEC Exports
Saudi Arabia stuck to its promise to further cut crude oil exports in August to 6.6 million bpd, bringing OPEC’s total for the month to 25.897 million barrels daily, energy…
Are Libyan Oil Production Gains History?
In addition to the negative repercussions of hurricane Harvey, which heavily impacted the Gulf of Mexico oil and gas production and petrochemical plants, global oil markets are facing disruptions from…
Russian Energy Unaffected By U.S. Sanctions
President Trump signed an array of sanctions against Russia, Venezuela, and North Korea, with those against Russia specifically targeting the country’s energy industry. The idea of sanctions, theoretically, is to…
Can Mexico Capitalize On This Golden Oil Opportunity?
As the political and economic climate in Venezuela continues to deteriorate and oil output sinks to new lows, a production vacuum is opening up in the Caribbean. Seeing an opportunity…
U.S. Taps Strategic Petroleum Reserve After Hurricane Harvey
U.S. Secretary of Energy Rick Perry authorized on Thursday an emergency release from the Strategic Petroleum Reserve (SPR) of 500,000 barrels of crude oil after Hurricane Harvey disrupted the…
Gasoline Shortages Loom On East Coast As Colonial Pipeline Shuts Down
The destruction Hurricane Harvey leaves in its wake has prompted the shutdown of a major fuel artery to the East Coast, the Colonial pipeline. The pipeline, which has a…
Hurricane Harvey Is A Disaster For OPEC
The skies are clearing over Houston, but the damage from the remaining elements of Hurricane Harvey has spread east to Port Arthur and Lake Charles along the Texas-Louisiana border. That…
Failed Oil Price Recovery Slams Energy Stocks
The oil price recovery that analysts and investors were expecting early this year have failed to materialize, battering the energy sector stocks in 2017. Shares of energy companies are set…
Will This Bring Big Oil Back To The Bakken?
If shale plays were people, everyone would be jealous of the Permian for getting all the attention. It is the leader in overall national oil output growth, and just last…
Oil Markets React Stoically To Strong Crude Inventory Draw
Amid the shutdown of 20 percent of U.S. refining capacity caused by Hurricane Harvey and the pending shutdown of more refineries as the storm moves on to Louisiana, the…
Oil Field Disruptions Cost Libya 350,000 Bpd In Output
Recent disruptions of oil production in Libya have cost the country 350,000 barrels daily in lost output, the central bank of the country said, adding that the effects of…
Texas Shale Hit Hard By Hurricane Harvey
Crude oil prices are taking a serious hit from Hurricane Harvey, slammed on multiple fronts at a time when benchmark prices were already showing some signs of strain. As has…
Alaskan Oil Returns With A Vengeance
After years of steady decline in production and bottomed-out oil prices, Alaska is in a rough spot. They’re over a billion dollars in debt, in large part thanks to unfulfilled…
Colombia Pipeline Bombing Takes 210,000 Bpd Off The Market
A bombing of the Cano Limon oil pipeline in Colombia has led to the suspension of crude flow, sources from Ecopetrol and Colombia’s army told Reuters. Leftist militant group…
China Becomes World’s Third-Largest Shale Gas Producer
China has become the world’s third-largest shale gas producer, after only the U.S. and Canada, Iran’s PressTV reports, adding that last year, China pumped almost 8 billion cubic meters…
