 |
WTI Crude •10 mins | 27.52 | -0.82 | -2.89% |
|
Brent Crude •10 mins | 33.07 | -1.04 | -3.05% |
 |
Natural Gas •10 mins | 1.640 | +0.019 | +1.17% |
|
Mars US •3 days | 24.14 | +2.82 | +13.23% |
|
Opec Basket •4 days | 18.93 | +2.06 | +12.21% |
|
Urals •3 days | 16.55 | +0.00 | +0.00% |
|
Louisiana Light •4 days | 20.18 | +4.90 | +32.07% |
|
Marine •3 days | 24.68 | +3.09 | +14.31% |
|
Murban •3 days | 25.28 | +2.88 | +12.86% |
|
Iran Heavy •3 days | 21.00 | +4.24 | +25.30% |
|
Basra Light •3 days | 35.40 | +3.35 | +10.45% |
|
Saharan Blend •3 days | 22.72 | +4.10 | +22.02% |
|
Bonny Light •3 days | 26.69 | +5.28 | +24.66% |
|
Canadian Crude Index •2 days | 14.49 | +0.00 | +0.00% |
|
Western Canadian Select •3 hours | 12.94 | +3.02 | +30.44% |
|
Canadian Condensate •3 hours | 29.19 | +3.02 | +11.54% |
|
Premium Synthetic •3 hours | 28.74 | +3.02 | +11.74% |
|
Sweet Crude •3 hours | 24.09 | +3.02 | +14.33% |
|
Peace Sour •3 hours | 18.34 | +3.02 | +19.71% |
|
Louisiana Light •4 days | 20.18 | +4.90 | +32.07% |
|
Domestic Swt. @ Cushing •3 days | 24.75 | +3.00 | +13.79% |
|
Giddings •3 days | 18.50 | +3.00 | +19.35% |
|
ANS West Coast •5 days | 21.80 | -1.38 | -5.95% |
|
West Texas Sour •3 days | 22.29 | +3.02 | +15.67% |
|
Eagle Ford •3 days | 26.24 | +3.02 | +13.01% |
Breaking News:
Could Oil Really Fall To $0?
More bad news for the…
$1 Oil: Saudi Arabia's Attempt To Crush U.S. Shale
The oil industry is heading…
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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