 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.742 | +0.008 | +0.29% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 4 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 4 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 4 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 4 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Saudi Aramco Eyes Stake in Chinese Petrochemical Firm
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Central Banks Grapple With Inflation Threat Amid Oil Price Rally
Central Banks are reluctant to…
Energy / Energy-General
Saudi Oil Exports To U.S. Reach 11-Month High
One hundred and six years after Claude Grahame-White performed the first night flight, and today’s oil market is flying blind once more, supported by macro factors…
Massive Oil Theft By Pirates Costs Nigeria $1.5 Billion Every Month
Depressed oil prices, rampant corruption, and pipeline vandalism are only parts of Nigeria’s oil problem. It’s now losing a massive 400,000 barrels of crude daily to…
Why Saudi Arabia Will Not Win The Oil Price War
Crude oil prices continued to surprise on Tuesday, with the U.S. benchmark adding another 4 percent to $44.60 a barrel. West Texas Intermediate is now up…
Something Has To Give – Goldman Sachs Expects More Dividend Cuts
It hasn’t been a great week for Big Oil. BP reported an 80 percent decline in earnings, and ExxonMobil lost its coveted AAA credit rating, which it has…
Oil Prices Fall On Unexpected EIA Barrel Build
One hundred and sixteen years after the birth of Woody Woodpecker creator and animator Walter Lantz, and WTI crude oil is knocking on the door of $45 – and knocking…
First “Illegal” Shipment Of Oil Leaves Eastern Libya
A cargo of 650,000 barrels of crude left the Libyan port of Hariga yesterday, in the eastern part of the conflict-torn country, sparking what promises…
Could Sabotage Cause A Surge In Oil Prices?
Hidden among the ballyhoo about a collaborative freeze in production growth, a less visible but far more effective dynamic has affected, and likely will affect, oil…
Are Oil Dividends Worth it?
Are you tempted by nice dividends such as BP’s 7.53 percent and Shell’s 7.31 percent? Long-term investors are. They’re lapping up the oil majors on dips…
Can Crude Continue To Rally Like This?
When looking at the key figures for the oil and gas industry this week, we see that oil prices hold their ground in the mid $40's while the U.S. rig…
ExxonMobil Loses AAA Credit Rating For First Time Since 1930
ExxonMobil lost its AAA credit rating for the first time in more than 80 years. S&P downgraded the oil supermajor, which was one of only…
Chesapeake Has Bought Itself Time But Can It Survive?
The last year has been a bumpy one for Chesapeake Energy. When natural gas prices collapsed several years ago, many firms across the industry moved towards…
Oil Up As Quarterly Earnings Season Kicks Off
One-hundred and sixteen years after the birth of seismologist Charles Richter, and the crude market is trying to break some ground today. Rumbles in the market…
Saudi Arabia Releases Ambitious Plan To Diversify Economy
On Monday, Saudi Arabia released a blueprint for the future, a plan for the Kingdom that could alter the course of its history. The “Vision for…
Why The Saudi Aramco IPO Will Not Be Enough
The Saudi Arabian sale of Saudi Aramco is already starting to attract widespread attention after Mohammad bin Salman, deputy crown prince of the Kingdom, indicated that…
Despite Claims, Ukraine Not Free Of Russian Energy Dependence
Now more than two years on since the revolutionary events on Maidan and Russia’s subsequent annexation of Crimea, Ukraine is still largely without its footing. Political…
Choppy Oil Markets Await Oil Majors’ Earnings
The mighty, mighty Ella Fitzgerald was born ninety-nine years ago today, and accordingly the crude oil market is looking ‘bewitched, bothered and bewildered‘, being pulled in…
The Real Reason Saudi Arabia Killed Doha
Saudi Arabia single-handedly scuttled the Doha meeting, knowing all along that Iran would not participate, with a valid reason. The Russians and others agreed to proceed…
U.S. To Undermine Russia’s Gas Monopoly In Europe
The first U.S. LNG shipment will soon arrive in Europe, marking a new era for energy on the continent. Cheniere Energy’s newly completed Sabine Pass facility…
Will Oil And Refugees Force European Intervention In Libya
Europe is on track to send security experts to Libya after it successfully installed a so-called unity government that is willing to work with international…
Oil Crash Creates Glut Of Petroleum Engineers – More Layoffs Coming
$240,000. More than British Prime Minister David Cameron earns per year. Back in 2013, Oilprice.com published an article about a cook on an Australian offshore…
