 |
Louisiana Light • 4 days | 79.52 | -0.32 | -0.40% | ||
|
Bonny Light • 3 days | 81.96 | -0.16 | -0.19% | ||
|
Opec Basket • 4 days | 80.43 | -2.39 | -2.89% | ||
|
Mars US • 3 days | 72.24 | -1.79 | -2.42% | ||
|
Gasoline • 10 mins | 2.347 | +0.026 | +1.13% |
|
Bonny Light • 3 days | 81.96 | -0.16 | -0.19% | ||
|
Girassol • 3 days | 81.97 | +0.01 | +0.01% | ||
|
Opec Basket • 4 days | 80.43 | -2.39 | -2.89% |
|
Peace Sour • 7 hours | 67.64 | -2.49 | -3.55% | ||
|
Light Sour Blend • 7 hours | 68.94 | -2.49 | -3.49% | ||
|
Syncrude Sweet Premium • 7 hours | 77.89 | -2.49 | -3.10% | ||
|
Central Alberta • 7 hours | 67.24 | -2.49 | -3.57% |
|
Eagle Ford • 4 days | 72.36 | -0.53 | -0.73% | ||
|
Oklahoma Sweet • 4 days | 72.25 | -0.75 | -1.03% | ||
|
Kansas Common • 11 days | 71.25 | +0.75 | +1.06% | ||
|
Buena Vista • 4 days | 80.79 | +0.47 | +0.59% |
Venezuela Is Scrambling To Make The Most Of The Global Oil Shortage
Despite easing sanctions and some…
Analysts Predict 42% Decline In Russian Oil Production By 2035
Analysts from BP Plc have…
Energy / Crude Oil
Is Hush Money Coming Out of Canadian Crude Oil Debate?
Concerns over the safety of tar sands oil from Canada is at the forefront of the political debate in the United States. President Obama's critics accuse him of being a…
If Oil is a Barometer, Beijing is Rising
Beijing said recently it wanted to increase the amount of oil it gets from Russia through a major oil pipeline running to the Pacific Ocean. Beijing, however, would likely have…
South Africa Caught in Fallout from Increased Sanctions Against Iran
The U.S. new sanctions initiative, strongly supported by Israel, to impose new sanctions against Iran, is designed to punish it for its purported covert nuclear weapons program by imposing new…
With Friends Like Moscow, Who Needs Venezuela's Oil?
Venezuela said it was ready to welcome a Russian energy company into the giant Orinoco oil belt, solidifying a relationship propped up by a multi-million investment from Moscow last year.…
Canadian PM Shills Alberta Oil Sands in China
Canadian Conservative Prime Minister Stephen Harper is in the midst of an official visit to China. His mission? To convince Beijing’s mandarins to buy Canada’s Alberta oil sands…
What Does the Future hold for the World Oil Markets
Never, it would seem, has the oil market been in such a state of disarray. Brent crude, the global benchmark, hit US$117 per barrel this week for the first time…
Time to Call Iran's Bluff on Oil?
Iranian lawmakers this week expressed support for a measure that would beat the European Union to the punch by cutting off oil exports before the summer. Tehran's measure amounts to…
Shedding Some Light on Peak Oil
On January 26, Bloomberg Businessweek printed an editorial by Charles Kenny titled, "Everything You Know About Peak Oil Is Wrong". This editorial reflects several common misunderstandings. According to Kenny:…
Bad Timing for Scottish Independence
Scotland under First Minister Alex Salmond announced plans to hold a referendum on independence from the United Kingdom in 2014. Edinburgh maintains it can support itself without the help of…
Sudan's President Omer al Bashir’s New Best Friend - Russia?
When Communism collapsed in the Soviet Union in December 1991, many Europeans naively thought that the new Russian government would fully embrace “Western” values. Two decades later, after a…
India Drops the Dollar and Pays for Iranian Oil in Gold
Media reports suggests that India has agreed to pay the price of crude oil it imports from Iran in gold, which makes it the first country to drop the US…
Cuba, Oil Diplomacy and the Southern Tip of Florida
U.S. lawmakers spent most of this week lobbing insults at the Cuban government while assessing the risks of an offshore oil spill about 90 miles from the southern Florida coast.…
An Abundant Supply of Cheap Oil is the Most Important Resource for Our Future
Our economy runs on oil. Most of the tractors used for growing food run on oil. Nearly all of today’s cars and trucks run on oil. It is popular to…
Sudan's Oil War: Deadlines Before Development
Since gaining independence in July, Middle East and North African experts have expressed concerns that border conflicts and disputes over the sharing of oil revenue could threaten a very fragile…
The Global Hunt For Oil: Canadian Firm Drills First Exploration Well in Somalia
Energy companies are renowned for taking risks as they scour the globe for new opportunities.That said however, Canada’s Vancouver, BC-based Horn Petroleum Corporation, a unit of Africa Oil…
Greece - Between Iran and a Hard Place
Well, its official – on 23 January European Union foreign ministers agreed to ban the import of Iranian oil as part of sanctions designed to pressure Iran to end its…
U.S. to Lose Out Yet Again on Developing Cuba's Offshore Oil?
While the Gulf of Mexico is one of the world’s most heavily developed offshore oil production sites, one area has remained offline up to now – Cuba’s offshore waters.
Oil Majors Move Back to the Gulf of Mexico
Over a year since America's worst oil spill in the Gulf of Mexico, big oil finally gets back to business... with a vengeance. For the first time since BP's Deepwater…
Is Nigeria to become Africa's next failed nation-state?
By any yardstick, Nigeria, Africa’s most populous nation, should be black Africa’s glittering success story. A member of the Organization of Petroleum Exporting Countries, producing 2.5 million barrels per…
Croatia’s INA Oil Company, Caught Between al Assad and a Hard Place
As international pressure tightens against the regime of Syrian President Bashar al Assad, the Croatian national oil joint stock company Industrija Nafte (Oil Industry, or INA) is coming under increasing…
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