 |
Louisiana Light • 4 days | 84.36 | +1.19 | +1.43% | ||
|
Bonny Light • 1 day | 83.31 | -0.15 | -0.18% | ||
|
Opec Basket • 5 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 199 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 16 mins | 2.533 | -0.007 | -0.28% |
|
Bonny Light • 1 day | 83.31 | -0.15 | -0.18% | ||
|
Girassol • 1 day | 84.96 | +0.12 | +0.14% | ||
|
Opec Basket • 5 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 25 mins | 72.50 | -0.28 | -0.38% | ||
|
Light Sour Blend • 25 mins | 75.55 | -0.28 | -0.37% | ||
|
Syncrude Sweet Premium • 25 mins | 82.50 | -0.28 | -0.34% | ||
|
Central Alberta • 25 mins | 72.90 | -0.28 | -0.38% |
|
Eagle Ford • 4 days | 76.54 | +0.83 | +1.10% | ||
|
Oklahoma Sweet • 4 days | 76.50 | +0.75 | +0.99% | ||
|
Kansas Common • 5 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 5 days | 83.86 | +0.60 | +0.72% |
Endangered Lizard Threatens Oil and Gas Development in the Permian Basin
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Stronger Chinese Oil Imports May Send WTI Above $80
Positive demand signals from China…
Profits Over ESG as Supermajors Pivot Back to Their Core Business
Europe’s Big Oil majors are…
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Global Intelligence Report - 17th April 2019
Geopolitical Notebook Oilprice Assets on the Ground in Tripoli… Haftar’s Problem With Libya’s Oil Revenues This week, Oilprice.com was on the ground in Tripoli, reporting from the Ain Zara District,…
Russia’s Shadow Hangs Over Oil Markets
Last week’s note had a geopolitical focus as we laid out why we think Donald Trump will have an outsized impact on oil prices this Spring. Our theory here is…
U.S. Shale Is Upending Crude Flows In This Oil Frontier
The U.S. shale boom is upending global oil markets as far as crude flows from West Africa to Europe and other parts of the world, and is squeezing in particular…
Is Carbon Capture And Storage Unavoidable?
Carbon Capture and Storage (CCS) has so far been more notable for its failures than its successes. In North America, only two commercial-scale post-combustion projects have been completed, both retrofitted…
Foreign Carmakers Fight Uphill Battle Against Chinese EV Giants
With China’s notoriety as the world’s largest electric-vehicle market, it’s hardly any wonder that all international carmakers are vying for a piece of the EV pie that is only going…
The Giant Floating LNG Project You’ve Never Heard Of
One of Africa’s brightest LNG prospects, Tortue FLNG is edging increasingly closer to its estimated commissioning date, 2022. It is one of the largest deepwater gas find of recent years…
Oil Rebounds On Bullish Inventory Data
Crude oil prices inched higher after the Energy Information Administration today reported a 1.4-million-barrel crude draw, accompanied by a draw in gasoline stockpiles. These, according to the authority, shed…
Oil Could Fall To $40 If OPEC Abandons Its Deal
In more proof that U.S. oil production is continuing to alter global oil markets, Russia’s finance minister Anton Siluanov said on Saturday that Russia and OPEC might decide to…
Scientists Find Oil-Eating Superbacteria On Bottom Of The Ocean
Scientists from Ocean University in Qingdao, China and the University of East Anglia in Norwich, England have made an incredible discovery that could one day save the planet from the…
The 2020 Elections Could Be A Turning Point For Oil & Gas
Under the next president, U.S. oil and gas companies could lose access to fracking on federal lands. Democratic presidential candidate Elizabeth Warren has proposed a ban on new drilling on…
Could This Be The Next High Profile Permian Takeover?
Chevron put the Oilfield M&A game in motion on Friday, with their announcement of a cash and stock offer for Anadarko Petroleum. The oil industry is ripe for some M&A…
Oil Bulls Undaunted By OPEC Fears
Trader Alert: For the first time ever, Oilprice.com is making its annual Top 50 Oil & Gas Companies report available to members. Sign up to…
U.S. Energy Consumption Hits All-Time Record
Energy consumption in the United States reached an all-time high last year, data from the Lawrence Livermore National Laboratory showed. According to the laboratory, the United States consumed 101.2…
Red Hot Permian Set To Jolt U.S. Shale Output To New Record
Crude oil production from the seven key shale regions in the United States is expected to increase by 80,000 bpd from April to hit a record 8.46 million bpd in…
U.S. Doubles Oil Exports In 2018
The United States nearly doubled its oil exports in 2018, the Energy Information Administration reporting on Monday, from 1.2 million barrels per day in 2017. The 2.0 million barrels…
The Case For $100 Oil
The odds of an oil price spike this year are much higher than the prevailing consensus in the market, according to a new report from Bank of America Merrill Lynch.…
Megadeal Triggers M&A Spree In The Permian
Late last week, Chevron announced its decision to takeover Anadarko Petroleum for $33 billion, a deal that could mark a watershed moment for the Permian basin and the U.S. shale…
The U.S. Is Losing Influence In The World’s Biggest Oil Region
Egyptian President Abdul Fatah al-Sisi’s visit to the White House on April 9, 2019, resulted in one of the worst setbacks for U.S. Middle Eastern policy under the Donald Trump…
This New Oil Hotspot Is Replacing Venezuelan Crude
The U.S. sanctions on Venezuela’s oil industry have tightened the global heavy to medium crude oil market, sending oil buyers scrambling for alternatives to the heavy Venezuelan oil. Refiners…
The World’s Most Unorthodox Oil Nation
In what seemed like an episode of the Norwegian television drama Occupied, Norway's largest political party joined smaller ones in the nation's parliament to prevent oil exploration in the scenic
