Sign Up To Our Free Newsletter
WTI Crude •10 mins | 59.55 | -1.09 | -1.80% | |
Brent Crude •10 mins | 62.61 | -1.08 | -1.70% | |
Natural Gas •10 mins | 2.780 | +0.003 | +0.11% | |
Mars US •16 mins | 60.04 | -0.91 | -1.49% | |
Opec Basket •4 days | 64.37 | -1.05 | -1.61% | |
Gasoline •10 mins | 1.908 | -0.035 | -1.81% | |
Louisiana Light •4 days | 63.95 | -1.93 | -2.93% |
Marine •21 hours | 64.15 | -0.12 | -0.19% | |
Murban •21 hours | 64.55 | -0.12 | -0.19% | |
Iran Heavy •21 hours | 61.83 | -0.17 | -0.27% | |
Basra Light •21 hours | 64.10 | -0.59 | -0.91% | |
Saharan Blend •21 hours | 64.62 | -0.29 | -0.45% | |
Bonny Light •21 hours | 63.96 | -0.37 | -0.58% |
Canadian Crude Index •21 hours | 49.21 | -0.85 | -1.70% | |
Western Canadian Select •4 hours | 49.90 | -2.03 | -3.91% | |
Canadian Condensate •20 hours | 60.50 | -2.03 | -3.25% | |
Premium Synthetic •20 hours | 61.90 | -2.03 | -3.18% | |
Sweet Crude •4 hours | 59.20 | -1.83 | -3.00% | |
Peace Sour •4 hours | 56.00 | -2.03 | -3.50% |
Louisiana Light •4 days | 63.95 | -1.93 | -2.93% | |
Domestic Swt. @ Cushing •4 days | 58.00 | -2.00 | -3.33% | |
Giddings •4 days | 51.75 | -2.00 | -3.72% | |
ANS West Coast •5 days | 66.28 | -0.01 | -0.02% | |
West Texas Sour •4 days | 55.76 | -1.72 | -2.99% | |
Eagle Ford •4 days | 59.71 | -1.72 | -2.80% |
U.S. crude oil production has…
From the pariah of industries…
WTI is back above $50 a barrel, and things are looking up for the battered U.S. oil industry. Yet, although the worst may be behind drillers, they still face a…
Iran’s oil revenues have halved since the U.S. imposed sanctions on the Islamic Republic in 2018, Turkish news agency Anadolu reported, citing an Instagram post of the governor of…
India's crude oil demand last year fell for the first time in more than 20 years because of the Covid-19 pandemic, Bloomberg has reported, noting that Asia's second-biggest oil…
The U.S. removed the ban on American crude oil exports to countries other than Canada in 2015, unleashing a new force on the global oil market to be…
Like many global oil majors ExxonMobil is under considerable pressure because of the significant fallout from the COVID-19 pandemic, sharply weaker oil prices and the threat of peak…
Oil prices are rallying aggressively on the back of Saudi Arabia’s surprise cut and optimism over the rollout of vaccines across the world. News of
Saudi Arabia’s surprise announcement that it would cut 1 million barrels per day (bpd) beyond its share of OPEC+ cuts in February and March has refiners in Asia scrambling to…
Italian energy major, Eni, described 2020 as a “year of war”, regarding the energy crisis experienced in the face of a global pandemic. But it may be too…
The last year was difficult for Ecuador’s beaten-down hydrocarbon sector. Aside from the severe fallout from the COVID-19 pandemic and sharply weaker oil prices, the industry was rocked…
The first monthly OPEC+ meeting to decide on the group’s production ended with an unexpected, in fact shocking two-month agreement: Saudi announced an unexpected and unilateral…
OPEC has signaled it is concerned about oil demand despite its production control efforts as Covid-19 cases continue to surge in key markets, and the global total is…
As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production. Cambodia’s…
Oil demand from China has been one of the few bright spots for a global petroleum industry severely impacted by a long-term global supply glut and the economic…
By now we are all keenly aware of the near-devastating impact that the novel coronavirus has had on oil markets and the fossil fuel industry around the world.…
Canada’s oil landscape looks encouraging for 2021 as Whitecap Resources Inc. acquires two oil and gas companies in addition to mergers between other energy companies, with anticipated growth…
Colombia country is facing its worst economic catastrophe of modern times because of the global COVID-19 pandemic. The IMF believes that the strife-torn…
Crude oil prices rose further today after the Energy Information Administration reported an oil inventory draw of 6.1 million barrels for the week to December 25. A day earlier,…
The 2020 oil price collapse provided a reality check for the global oil and gas industry, which reassessed its price assumptions for the years ahead and readjusted the…
The terms of the OPEC+ production pact could be revised if oil demand recovers next year faster than currently expected, Russian Deputy Prime Minister Alexander Novak, who is still in…
Three months ago, British oil giant BP Plc. (NYSE:BP) sent shockwaves through the oil and gas sector after it declared that Peak Oil demand was already…