 |
WTI Crude •10 mins | 40.99 | -0.71 | -1.70% |
|
Brent Crude •10 mins | 42.57 | -0.59 | -1.37% |
 |
Natural Gas •10 mins | 3.007 | +0.094 | +3.23% |
|
Mars US •15 hours | 41.80 | +0.49 | +1.19% |
|
Opec Basket •2 days | 41.38 | +0.01 | +0.02% |
|
Urals •2 days | 39.60 | +0.00 | +0.00% |
|
Louisiana Light •2 days | 42.04 | -0.21 | -0.50% |
|
Marine •1 day | 41.50 | -0.14 | -0.34% |
|
Murban •1 day | 42.34 | -0.28 | -0.66% |
|
Iran Heavy •1 day | 39.55 | -0.55 | -1.37% |
|
Basra Light •1 day | 44.47 | +0.43 | +0.98% |
|
Saharan Blend •1 day | 41.25 | -0.53 | -1.27% |
|
Bonny Light •1 day | 41.50 | -0.60 | -1.43% |
|
Canadian Crude Index •33 days | 30.10 | +0.71 | +2.42% |
|
Western Canadian Select •8 hours | 32.20 | +0.64 | +2.03% |
|
Canadian Condensate •8 hours | 40.70 | +0.64 | +1.60% |
|
Premium Synthetic •8 hours | 42.10 | +0.64 | +1.54% |
|
Sweet Crude •8 hours | 38.30 | +0.64 | +1.70% |
|
Peace Sour •8 hours | 37.70 | +0.64 | +1.73% |
|
Louisiana Light •2 days | 42.04 | -0.21 | -0.50% |
|
Domestic Swt. @ Cushing •2 days | 37.25 | -0.25 | -0.67% |
|
Giddings •2 days | 31.00 | -0.25 | -0.80% |
|
ANS West Coast •6 days | 42.08 | -0.30 | -0.71% |
|
West Texas Sour •2 days | 34.78 | +0.67 | +1.96% |
|
Eagle Ford •2 days | 38.73 | +0.67 | +1.76% |
Breaking News:
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Middle East to Spend $32.7 Billion on New Energy Projects this Year
Ventures Middle East, a strategic business advisory company, has recently performed a study of the Middle East and concluded that in 2012 97 new power and water projects worth $32.7 billion have started construction, or will start construction before the end of the year.
The UAE has 10 energy and water projects worth a total of $1.5 billion set to begin construction this year, headed by the $740 million Noor 1 Solar Power Plant, and Phase 2 of the $580 million Emal Power Plant.
19 power and water projects will be started this year in Kuwait with a combined cost of $4.2 billion, led by the $2.7 billion Al Zour North Independent Water and Power Plant.
Saudi Arabia has approved 15 new projects for 2012 worth a total of $8.8 billion, including the $2 billion Al Qurayyah Independent Power Plant, and the $1.2 billion Shuaiba 2 Power Plant.
Other Middle Eastern Countries with energy or water projects due to begin construction this year include; Morocco, Egypt, Oman, Qatar, Jordan, Iraq, Yemen, Syria, and Bahrain.
By. Charles Kennedy of Oilprice.com
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