 |
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 • 3 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 • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 10 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 10 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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Rystad: OPEC's Oil Reserves are Much Lower Than Officially Reported
Rystad Energy’s latest research shows…
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Post-Occupation Iraq Losing Appeal
On Monday, a suicide bomber in Iraq detonated his car bomb outside the Baghdad offices of a government-backed Shiite group, leaving at least 190 people wounded and 26 people…
Shale Play in Western Siberia is 80 Times Bigger than the Bakken
The Bakken shale is a huge expanse of oil-bearing rock that lies underneath Northern Dakota and Montana. Oil production in the Bakken has grown from just 60,000 barrels per day…
Carving Up Iraq, Barrel by Barrel
Iraq’s latest energy auction was a flop, and while major international companies balked at everything from unattractive contract terms to security concerns, the failure of the auction highlights how the…
Curtain Closing on Canadian Crude
Shell announced plans to expand its oil sands operations in Alberta province by as much as 90,000 bpd and said similar efforts were under way to make the country's western…
Canada - More of the Great White North Up for Energy Development?
Quick – which is the U.S.’s biggest supply of non-OPEC oil? Canada - according to the U.S. Energy Administration, the United States total crude oil imports now average 9.033…
Shell Spent $4 Billion in Campaign to Open the Arctic for Oil Drilling
Alice Ross writes at The Bureau of Investigative Journalism:Offshore oil drilling in the Arctic has long been considered off-limits – but as the New York Times revealed .…
The Staggering Scale of Oil Theft in Nigeria
That corruption is associated with oil production is acknowledged to be a worldwide problem.But the scale of corruption in Africa is in a class by itself, particularly in…
OPEC's View of the World Oil Market
It is interesting to read the viewpoint of OPEC each month, as it relates to global oil supply, and the numbers that they rely on to estimate how much…
No One Can Afford Another Round of Iran Sanctions
As Iran and the P5+1 prepare to meet in Baghdad on 23 May for the next round of nuclear talks, Europe should be seriously considering the implications of its planned…
India Decides to Invest in the Oil Potential of the Falklands
Britain and Argentina have been feuding over the sovereignty of the Falkland Islands for 180 years, and 1982 fought a brief but vicious war over them.Much has changed…
Libya: A Real World Syriana
A curtain is slowly getting drawn back on the death of Shokri Ghanem, the former head of the Libyan oil industry found floating in the Danube River last month. Rumors…
New IMF Model is Far More Accurate at Predicting Oil Production
The International Monetary Fund (IMF) recently issued a new working paper called “The Future of Oil: Geology versus Technology” (free PDF), which should be of interest to people who…
Attack on Iran's Oil Industry Ups Cyber Warfare Stakes
Stuxnet failed to cause enough damage to Iran’s nuclear program, and more recent attacks on the country’s science ministry and oil industry have also apparently fallen flat, but practice makes…
Stung by the Keystone XL Debacle, Canada Looks Eastwards
Given that the Keystone XL pipeline is apparently dead in the water at least until after the next presidential election, Canada is seeking new export markets in Asia for its…
Why the US is Not About to Become an Oil Exporter
Countries trade crude oil and oil products back and forth. When all of these transactions are netted out, is the US close to becoming a “net” oil exporter? With the…
What the EIA's World Oil Production Data for 2011 Tells Us About 2012
The US Energy Information Administration (EIA) recently released full-year 2011 world oil production data. In this post, I would like show some graphs of recent data, and provide some…
Chechnya Courts Azerbaijan after Fallout with Russian Oil Giant
As the license for Russia’s state-own oil giant Rosneft to explore war-torn Chechnya’s hydrocarbon reserves is set to expire, Azerbaijan is invited to consider the contract as Chechen leader Ramzan…
Kenya Must Get it Right With Oil
Last month, Kenya declared that oil was discovered off its coast for the first time. Nairobi expects explorers to invest at least $40 million in the country and dozens of…
What Happens if Iran Doesn't Back Down?
If an embargo is successful in preventing Iran from selling a significant amount of oil on the world market, what would replace it? On Friday the White House released…
Why the US Cannot Extract Most of its Oil Reserves
People are often confused about the overall extent of U.S. oil reserves. Some claim that the U.S. has hundreds of billions or even trillions of barrels of oil waiting to…
