 |
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% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Oil Moves Down on Crude Inventory Build
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Big Oil’s Carbon Capture Conundrum
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Energy / Crude Oil
U.S. Will Export Oil – Who Wins and Who Loses?
The surge in U.S. oil production in 2010 has left a glut of oil trapped within the United States. To be sure, the U.S. is by far the largest consumer…
Iran Expanding Presence on International Oil Stage
Iranian Oil Minister Bijan Zanganeh said oil production from the Islamic republic could increase even with harsh economic sanctions in place. In late December, Tehran said it would pump as…
Safety Issues May Curb Oil-by-Rail Potential
A lack of pipeline infrastructure in Northern Plains states is unlikely to slow oil production, analysis finds. The sector could be constrained, however, amid national and international concerns about the…
Russia-Iran Oil Swap Deal Gains Momentum
Russia and Iran are moving closer to a $20 billion oil-for-goods deal launched earlier this year, according to a Reuters report citing unnamed sources close to the deal.
US Tight Oil Reaches 10% of World Production
US overall crude oil production has reached more than 10% of the world’s total production, up from 9% in the fourth quarter of 2012, according to a new report…
U.S. Taking on More Saudi Oil despite Shale Glut
The U.S. Energy Department said imports from OPEC increased year-on-year, with Saudi Arabia accounting for the bulk of additional oil. While oil production from the United States has increased, the…
The 3 Most Important Numbers in Energy – 28th March 2014
The Insider’s weekly run-down of critical figures and happenings from around the energy world.76.2%. Year-on-year increase in Chinese LNG imports during January. With shipments into the country totaling…
A U.S.-Saudi Move to Lower Oil Prices?
Could the U.S. unleash a flood of oil from the strategic petroleum reserve that would drive down prices in order to punish Russia? While the idea has been kicked around…
Soros Promotes Oil Sales to Punish Putin
Just weeks after the US announced its first test sale of crude oil from strategic reserves since 1990, billionaire philanthropist George Soros is lobbying for the release of more reserves…
Is it Time To Forget About Libyan Oil?
German energy company Wintershall said last week it was optimistic about the prospects of a return to Libya. Tripoli, however, is once again asking for international help with security issues.…
How to Mess Up a Revolution? Add Oil and Stir
Following the popular uprising that saw the overthrow of the country’s dictator, Libya had everything going for it. Or so many Libyans thought.It had the natural resources to…
U.S. Refiners Make Case Against Oil Exports
Record-setting levels of U.S. oil production have sparked calls from industry officials and policymakers to reverse a 1970s ban on crude oil exports. Dissent, however, is emerging from inside the…
Nigeria’s Missing Oil Money Sparks Political Crisis
Over a month after Nigerian President Goodluck Jonathan suspended the country’s Central Bank governor after he blew the whistle on $20 billion in oil money allegedly missing from state…
Can Oil Turn Beirut into a New Dubai or a New Baghdad?
The discovery of an important deposit of oil and natural gas in the Eastern Mediterranean Sea a few years ago in a triangular area just off the coasts of Israel,…
China’s Oil Discoveries - 1.08 Billion Tons
China’s voracious energy needs have been a source of concern for government officials for years. Ironically, China was a net oil exporter until the early 1990s and became the world's…
Rail Muscles Its Way into U.S. Oil Boom Narrative
Despite mounting concerns about safety, and developments in the midstream sector, John Gray, a senior vice president of the Association of American Railroads, said crude oil is now a key…
The 3 Most Important Numbers in Energy
The Insider’s weekly run-down of critical figures and happenings from around the energy world.$1.34. Value of proved reserves created in 2013 for each $1 spent by Gulf of…
Claimants Win Legal Battle with BP over Oil Spill
In another major legal setback for British-based oil giant BP, a US court has ruled that businesses claiming losses due to the 2010 Gulf of Mexico oil spill will not…
Pipeline to Turkey Intensifies Dispute Over Iraqi Oil
Turkey has bought oil from the Kurdish region in northern Iraq before, but oil transfer was carried out by trucks, which kept the amount of exports at a minimal level.…
Ukraine Refinery Halts Amid Tensions with Russia
Russia’s Lukoil has reportedly halted all oil supplies to Ukraine’s Kherson refinery in Odessa ostensibly over unpaid debts as political chaos engulfs the country with the refinery’s director and…
