 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 11 hours | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 18 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 18 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 18 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 18 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
Breaking News:
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Africa, particularly nations like Guyana…
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Creating Invisible Oil Repellent Barriers to Contain Spills
Researchers have designed an invisible “wall” that stops oily liquids from spreading and confines them to a certain area.The outer shell of a droplet of oil on a…
Russia Readies to Take Shale Oil Lead
President of Russian energy company Rosneft, Igor Sechin, said he was eager to unlock the shale oil potential in the Samara region of western Russia. With forecasts warning the U.S.…
Bosnian Federation: Oil Legislation Sets First Concessions in Motion
Earlier this year we let you in on a little known secret about an up-and-coming oil venue in an unlikely corner of the world—Bosnia and Herzegovina. The paralytic “multi-ethnic” government…
Oil Majors Pushing Offshore, but Obstacles Remain
Major oil companies continue an aggressive push into deeper water as the memory of the 2010 Deepwater Horizon blowout recedes. Spurred on by consistently high prices for crude oil, the…
No Need for More Iranian Oil, U.S. Says
Iran says it expects a major boost in oil exports now that it has a nuclear deal in hand. In a sign the market is able to do without, however,…
Higher U.S. Oil Drilling Has An Unexpected Effect
Platts reported some unusual findings last week as part of a new study.Looking at oil versus natural gas drilling in the U.S.The analysts found that since…
Small Company’s New Subsea Wellhead Tap Design Attracts Oil Majors Interest
As offshore drilling moves into deeper waters, new engineering techniques are needed to cope with temperatures that can hit 150 degrees Celsius, with crushing pressures that can exceed 25,000 pounds…
Only Oil Insiders Are Looking At This Play
U.S. oil men usually love their home turf. Especially today, with U.S. shale plays yielding some of the best production and reserves numbers on the planet.But one industry…
Oil Supply Outages Leave Spare Capacity Tightest Since 2008
There has been quite a sell-off in oil in the last few months. First, the deal between Iran and the West made front-page headlines and sparked speculation of an imminent…
Kurdistan Set to Begin Oil Exports to Turkey with New Pipeline Next Month
Kurdistan’s Prime Minister announced oil exports will begin in December from a new pipeline, marking a major milestone for the semi-autonomous region in Iraq. During an interview with reporters…
BP at Heart of Revived Dispute over Kirkuk Oil
Iraqi central authorities in Baghdad have announced plans to go ahead with a controversial deal with British oil giant BP Plc. to revive the giant oilfield in disputed Kirkuk in…
Canada to Build World’s Largest Artificial Lake District to Store Oil Sand Waste
About 30 artificial lakes may be built in Canada’s oil sand rich province of Alberta by the time companies currently extracting heavy crude from the area finish their work, as…
Horizontal Drilling Picks up Pace in Permian Basin
Texas’ Permian Basin remains the biggest oil producer in the US, and though its production has grown more modestly than other new plays this may be about to change with…
The Makings of a Petro-State
The Energy Information Administration (EIA) predicts the Bakken formation will hit a milestone in December when it surpasses 1 million barrels per day of oil production. Since 2010, oil production…
How Effective are Anti-Oil Protests?
A Russian court granted bail Monday to two of the 30 people arrested when activists with Greenpeace tried to climb the Arctic-class ice-resistant Prirazlomnaya oil rig deployed in the Pechora…
China Gobbles Up Assets in Latin America
China National Petroleum Corp (CNPC) has agreed to purchase $2.6 billion in Peruvian gas assets from Brazil’s debt-strapped state-run oil company Petrobras as China works fast to increase its Latin…
What Happens after the U.S. Oil Boom Goes Bust?
The Bakken crude oil formation spread out over North Dakota and Montana should give up more than 1 million barrels of oil per day next month. North Dakota is already…
World Depends on Two Countries for Increase in Oil Production
Oil prices will only rise moderately over the next 20 years according to estimates from the International Energy Agency. The IEA released the 2013 edition of its much-anticipated World…
The Battle between Oil Sands and the Environment
I spent the past week in the heart of the Athabasca oil sands in Fort McMurray, Alberta. I was there as a guest of the Canadian government, which hosts annual…
Libya's Oil May be its Downfall
The self-declared government of Cyrenaica, a district in eastern Libya, said it established its own oil company that's ready to put crude oil on the international market. Libya since Moammar…
