 |
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 • 4 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 • 11 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 11 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 11 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 11 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:
Africa Emerges as Focal Point in Global Oil and Gas Exploration
Africa, particularly nations like Guyana…
Seasonal Demand and Production Cuts Drive Oil Rally
Oil bulls have a narrow…
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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…
Post-Keystone, Canada Takes its Business Elsewhere
After Republican lawmakers in the United States lost their political gamble over the controversial Keystone XL pipeline, the Canadian government decided to issue a double insult to its southern neighbor…
In Another "Great Leap Forward," Chinese Firm Finds Oil in Thailand's Northeast
As seemingly omnivorous Chinese energy firms encircle the globe looking for exploitable hydrocarbon reserves, one firm is searching close to home. Shaanxi Yanchang Petroleum Corp. Ltd has started exploring…
Saudi Arabia's Rising Domestic Oil Consumption to Threaten Exports?
Saudi Arabia is currently the world’s leading oil producer, containing approximately one-fifth of the world's proven oil reserves. According to the U.S. Energy Information Agency, Saudi Aramco reported that it…
Kurdistan's Huge Oil Reserves Lend Credibility to Iraqi Claims of 115 Billion Barrels
Whilst much of Iraq may be viewed as in a metastable social and political state, the semi-autonomous northern region of Kurdistan has enjoyed relative peace for a number of years.…
Former IEA Oil Expert: Oil Production Could Begin to Decline in 2015
The following interview is a guest post by Matthieu Auzanneau, a freelance journalist living in Paris. This article previously appeared in Le Monde.Olivier Rech developed petroleum scenarios for…
How Will Peak Oil Fare in 2012
The returns are in and we now know that world price of a barrel of oil averaged $111 in 2011. This was up 14 percent from last year and well…
Nigeria Ends Fuel Subsidies in Face of Protest Threats
In a nasty New Year’s Day present to his fellow Nigerians, President Goodluck Jonathan directed his administration to end fuel subsidies, effective immediately. Petroleum Products Pricing Regulatory Agency issued a…
U.S. Net Exporter of Petroleum Products - A Look at the Numbers
One big story of 2011 was the United States switched from being a net importer to a net exporter of petroleum products. Here are the details behind that development. The…
Massive Oil Field Discovered in the North Sea
With relatively little fanfare on the international stage, Lundin Petroleum and Statoil (and partners) have just recently jointly discovered one of the largest oil fields ever found in the North…
The Falklands - Is There Oil?
On 13 December British-based oil and gas exploration company Rockhopper Exploration Plc announced that a new well proved its Sea Lion field 80 miles off the Falklands coast is bigger…
A Severe Decrease in Oil Supply Could Devastate the World Population
The ownership of the largest deposits of oil, notably in the former U.S.S.R., e.g. Siberia and Kazakhstan and the Caspian region generally, in addition to the fields in the Middle…
A Sobering Look at the Bakken Oil Boom
“That men do not learn very much from the lessons of history is the most important of all the lessons that history has to teach.” Aldous HuxleyIn 2009,…
