 |
Louisiana Light • 4 days | 83.76 | +0.29 | +0.35% | ||
|
Bonny Light • 3 days | 84.11 | -0.31 | -0.37% | ||
|
Opec Basket • 4 days | 84.30 | +0.70 | +0.84% | ||
|
Mars US • 192 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.516 | +0.016 | +0.64% |
|
Bonny Light • 3 days | 84.11 | -0.31 | -0.37% | ||
|
Girassol • 3 days | 85.07 | -0.23 | -0.27% | ||
|
Opec Basket • 4 days | 84.30 | +0.70 | +0.84% |
|
Peace Sour • 5 hours | 71.46 | -1.00 | -1.38% | ||
|
Light Sour Blend • 5 hours | 74.51 | -1.00 | -1.32% | ||
|
Syncrude Sweet Premium • 5 hours | 81.46 | -1.00 | -1.21% | ||
|
Central Alberta • 5 hours | 71.86 | -1.00 | -1.37% |
|
Eagle Ford • 4 days | 75.74 | +0.27 | +0.36% | ||
|
Oklahoma Sweet • 4 days | 75.75 | +0.25 | +0.33% | ||
|
Kansas Common • 4 days | 69.50 | +0.25 | +0.36% | ||
|
Buena Vista • 4 days | 83.77 | +0.27 | +0.32% |
OPEC Signals Lasting OPEC+ Alliance in Oil Market Management
OPEC is preparing to replace…
Exxon's $60 Billion Pioneer Deal Set to Create Energy Supergiant
The FTC is expected to…
Energy / Crude Oil
English
Español
عربي
Français
These Oil Majors Will Bid In Mexico’s $44B Offshore Tender
U.S. oil majors ExxonMobil, Chevron and Hess will bid jointly in the upcoming deepwater oil and gas tender planned by Mexico. The auction, which will take place…
Saudi Arabia Announces Record High Oil Exports In June
Saudi Arabian crude exports rose in June to near-record-high levels, even as the country used less petroleum to generate electricity than the same month in 2015, according…
Iraq Resumes Oil Exports From Kurdish Fields
The Iraqi government has resumed pumping oil from fields operated by the North Oil Company through a Kurdish pipeline that runs through Turkey, according to remarks from…
Spread Between Brent And WTI Hits Six-Month High
With the Brent premium over the WTI price rising to US$2.50 per barrel on Tuesday – the most in six months – oil traders hastened to procure…
Is The Oil Production Efficiency Boom Coming To An End?
“How much more productive can these new wells get?” I asked my host who had kindly invited me on a field trip to some of western Canada’s most…
Saudis Ramping Up Oil Output To Gain Leverage In OPEC Talks
Saudi Arabia suggests it may be increasing its August crude output to a new all-time high as it could give it more leverage to influence the September informal…
Will Iraq’s New Oil Minister Be Able To End The Iraqi Oil War
After months of street protests and political paralysis, the Iraqi parliament approved five of six cabinet nominees by Prime Minister Haidar al-Abadi, including the country’s new oil…
Oil Companies Ignoring Investors
One unexpected casualty of the oil price downturn is the self-respect of some energy investors. Equity investors are the owners of publicly traded companies and companies’ sole purpose…
Was Lifting The Export Ban A Success?
Last December, the United States government voted to lift four-decades of restrictions on crude oil exports as part of a bipartisan effort to prevent another…
Iraq’s Deal With Oil Majors Could Crush OPEC’s Output Freeze Plans
Iraq and oil majors BP (NYSE:BP), Shell (NYSE:RDS.A) and Lukoil have agreed to resume investments in oil fields the foreign groups are developing, which is expected…
OPEC Output Freeze Plan In Limbo After Oman Refuses To Join
Having briefly dipped under $40, oil quickly rebounded over the past few days after the now traditional rumors of an "imminent" OPEC oil supply cut re-emerged, with the…
Militants Blow Up Oil Well in Iraq’s Northern Kirkuk Province
A group of gunmen blew up a bomb at the Bai Hassan oil field in Iraq’s northern province of Kirkuk on Wednesday, China’s news agency Xinhua reported,…
Oil Prices Slide On Rising Crude Inventories
The Energy Information Administration reported a 1.1-million-barrel rise in commercial crude oil inventories for the week to August 5. The total reached 523.6 million barrels—a record-high for…
Can Mexico Reverse Its Steep Output Decline?
The petroleum industry in Mexico dates back over a century to 1901 where the commercial production of crude oil began. Since then, both Great-Britain and the United States…
Oil Majors Leaving South-East Asia – A Red Flag For The Area?
South East Asia is one of the four birthplaces of the modern oil industry. In 1846 Russian engineers Semyenov and Alekseev drilled the first ever oil well…
China Ramps Up Predatory Acquisitions In Canadian Oil & Gas
Chinese companies have been a major acquirer of Canadian oil & gas companies as they look for a strong presence in the country with the 3rd largest oil…
Is This A Death Sentence For U.S. Strippers?
There were a lot of predictions last year that 2016 would lead to the disappearance of many strippers – the oil well producers who take nearly
Product Glut Sees Chinese Crude Oil Imports Fall To Six-Month Low
China’s crude imports stood at about 7.35 million barrels a day in July, the slowest import trend since January, Bloomberg reported on Monday, citing figures by the…
Russia Dismisses OPEC Rumors, But Is Ready To Talk
Right now Russia sees no grounds for resuming talks to put a freeze on crude production, but is open to join discussions if OPEC members raise the issue,…
Can India Bolster Iranian Oil Exports to Pre-Sanction Levels?
India imported 461,000 barrels per day (bpd) of oil from Iran in July—a 110 percent increase over the same period in 2015 and an increase of 21 percent…
