 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.763 | +0.004 | +0.16% |
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 2 days | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 15 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 15 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 15 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 15 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
U.S. Oil and Gas Boom Poses Challenge to Climate Goals
Despite renewable energy efforts, the…
Why Shell Has Soured on The London Stock Exchange
British multinational oil & gas…
China Raises Gasoline and Diesel Prices amid Soaring Crude Oil Prices
China is raising from Wednesday…
Energy
Does Conoco Know Something That Its Competition Doesn’t?
When everyone in oil seems like they are ready to pay anything for a piece of land in the Permian Basin, a report that one oil company is actually selling…
Is This Natural Gas Major About To Be Taken Over?
As Australia’s second largest independent gas producer continues to recover from years of financial doldrums, posting an impressive 433 percent surge in underlying profit in 2017 over the previous year.…
Tesla: The Biggest Loser In The Trade War
A few years ago, Elon Musk said that Tesla could sell more cars in China than in America in the long term, because the Chinese market is just so huge.…
Saudi Aramco Unexpectedly Raises Arab Light Oil Price To Asia
In an unexpected move seen as bullish by futures traders, Saudi Aramco lifted the official selling price (OSP) of its flagship Arab Light crude grade to Asian customers…
Will Alaska LNG Survive The Trade War?
Despite the escalating trade war between Beijing and Washington, Alaska’s pro-active Gov. Bill Walker is heading to China next month on a mission to drum up support for the…
2018 Oil & Gas Projects To Break Even At $44 Per Barrel
New oil and gas projects to be sanctioned this year will likely have a 15-percent lower breakeven level than last year’s, at US$44 per barrel of oil equivalent, Wood Mackenzie…
Venezuela’s Oil Sector May Soon Have New Owners
Venezuela’s oil production fell by another 100,000 barrels per day (bpd) in March, a devastating blow that will only make the country’s economic crisis worse. Output is expected to…
How Canadian Drillers Adapt To Extreme Crude Discounts
Canada’s oil producers had just started to slowly recover from the oil price crash when they began to face increased constraints in marketing and monetizing their heavy crude oil. Transportation…
Farmers Hit Hard As Trump Backs Big Oil
The Trump administration seems to be leaning towards allying with the oil refining industry in its fight against Big Corn and federal rules requiring the use of corn ethanol. Reuters…
Tesla’s Production Problems Aren’t Going Anywhere
Tesla Inc. had some good news to report during its quarterly shareholder call on Tuesday, but it may not be enough to salvage the electric carmaker’s stock prices and needed…
Bahrain Says Giant Discovery Holds 80 Billion Barrels Of Oil
Bahrain announced on Wednesday the size of the oil reserves in the giant discovery that it had made, and figures dwarf the proved reserves that the island kingdom in the…
Is The U.S. Government Doing Enough To Protect Power Grids?
Just as tensions between the U.S. and North Korea are finally beginning to cool (while animosity between the U.S. and Russia intensifies), a recent industry report argues the U.S. government…
OPEC Production Slumps To 12-Month Low
Crude oil production across OPEC slumped by 170,000 bpd last month to 32.04 million bpd, a Bloomberg survey among energy analysts. This is the lowest daily production rate in…
Oil Prices Head Higher On Large Crude Draw
The Energy Information Administration reported a 4.6-million draw in crude oil inventories for the week to March 30, largely in line with analysts polled by IG, who had expected…
Investors Reward Big Oil’s Frugality
Belt-tightening has been the policy of necessity in the oil industry over the past three years, and even the price recovery that began at the end of 2016 did not…
China Looks To Double Its LNG Terminals
China’s seemingly endless thirst for natural gas is on a collision course with not only U.S.-based liquefied natural gas (LNG) project developments, but others as well, including Russia and Australia,…
Upstream Oil Investments Bounce Back
Until recently, oil industry analysts and executives were lamenting the slump in global investment in upstream oil, and many continue to predict a looming oil supply shortage in the early…
Total Deploys First Robots To North Sea
In a world-first, French Total is set to deploy groundbreaking autonomous robots to a North Sea oil platform to test the machines in operational inspections at the facility. The…
Oil Markets Hit By Financial Turmoil
Oil prices remained relatively flat on Tuesday following Monday’s sell-off in what appears to have been triggered by rising Russian crude production. (Click to…
Houthi Missile Hits Saudi Oil Tanker
A Saudi oil tanker was targeted by the Iran-aligned Houthi movement on Tuesday afternoon local time off Yemen’s port of Hodeidah, sustaining minor damages and completing its course north, Saudi-owned…
