 |
Louisiana Light • 4 days | 82.73 | -1.03 | -1.23% | ||
|
Bonny Light • 1 day | 83.51 | -0.60 | -0.71% | ||
|
Opec Basket • 4 days | 84.29 | -0.01 | -0.01% | ||
|
Mars US • 192 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.497 | -0.014 | -0.55% |
|
Bonny Light • 1 day | 83.51 | -0.60 | -0.71% | ||
|
Girassol • 1 day | 84.58 | -0.49 | -0.58% | ||
|
Opec Basket • 4 days | 84.29 | -0.01 | -0.01% |
|
Peace Sour • 3 hours | 72.32 | +0.86 | +1.20% | ||
|
Light Sour Blend • 3 hours | 75.37 | +0.86 | +1.15% | ||
|
Syncrude Sweet Premium • 3 hours | 82.32 | +0.86 | +1.06% | ||
|
Central Alberta • 3 hours | 72.72 | +0.86 | +1.20% |
|
Eagle Ford • 4 days | 74.74 | -1.00 | -1.32% | ||
|
Oklahoma Sweet • 4 days | 74.75 | -1.00 | -1.32% | ||
|
Kansas Common • 5 days | 69.50 | +0.25 | +0.36% | ||
|
Buena Vista • 5 days | 83.77 | +0.27 | +0.32% |
The Best Way to Play the Bitcoin Boom in 2024
One small miner is emerging…
Oil Prices Are Rallying Once Again
Oil prices are climbing once…
Oil Rig Counts Falls as WTI Holds Below $80
The total number of active…
News
China’s Pollution Effort Falls Short Of Expectations
Despite ambitious efforts to reduce air pollution levels across China over the last five years, results have fallen short of expectations, Reuters reports, citing a senior government official. “While…
U.S. Broadens Sanctions On Russia-Led Nord Stream 2 Pipeline
The U.S. is broadening the sanctions against service providers and those funding vessels involved in the construction of Nord Stream 2 in a fresh attempt to prevent the Russia-led gas…
Surprise Crude Build Sends WTI Prices Down
The American Petroleum Institute (API) on Tuesday reported a build in crude oil inventories of 584,000 barrels for the week ending October 16. Analysts had predicted an inventory draw of…
Iraq Sees Oil Prices Recovering In Q2 2021
Oil prices are set to recover beginning in the second quarter next year, helping Iraq’s oil industry and its plans to increase production capacity, Iraqi Oil Minister Ihsan Abdul Jabbar…
Russian Lukoil Looks To Boost Its Oil Production In Iraq
Russia’s second-largest producer, Lukoil, is eager to increase its oil production in Iraq once the production cuts of the OPEC+ group end, Egor Zubarev, Managing Director of Lukoil Mid-East, told…
Nigeria Repays Dues To Oil Majors
The Nigerian National Petroleum Corporation (NNPC) has repaid most of the arrears it owes to international oil companies for joint venture operating expenses, recently repaying US$3 billion to Exxon and…
Oil Price Crash Crushes New Mexico’s Budget
New Mexico’s high dependence on oil and gas leases, taxes, and royalty payments are threatening the fiscal stability of the state as the oil price collapse has shown the vulnerability…
Poland Strikes $18 Billion Nuclear Power Deal With U.S.
The United States and Poland closed a nuclear power deal potentially worth $18 billion as the Central European country seeks to reduce its reliance on coal and Russian natural gas.…
Alberta Gives Oil Industry Much-Needed Tax Break
The Alberta provincial government has granted oil companies a three-year municipal property tax break to help them cope with the latest crisis, which hit before they had managed to recover…
OPEC Meeting Ends Without Firm Decision On Output Cuts
OPEC said on Monday that it would not shirk its responsibilities to the market as fears about the next Covid-19 wave push down prices. Oil prices sank on Monday over…
ConocoPhillips Becomes First Major U.S. Oil Firm To Pledge Emission Cuts
U.S. oil and gas producer ConocoPhillips unveiled on Monday a target to reduce emissions from its operations to net zero by 2045-2055 in a first announcement from a major…
Iran Boots Out India From Huge Gas Field Development
Iran has decided to use local firms to develop a large offshore natural gas field, which was discovered by an Indian company and set to be developed by a group…
Japan Set To Release Radioactive Fukushima Water Into The Sea
Japan will release a million tons of water used in the Fukushima nuclear power plant into the sea, the BBC has reported, citing Japanese media. The reports add that…
Judge Rules In Favor Of PDVSA In Citgo Bond Dispute
A U.S. judge ruled that bonds issued by Venezuela’s PDVSA were “valid and enforceable”, putting a spoke in the wheels of Venezuelan opposition plans to take control of the state…
Schlumberger Books Third Loss This Year As Oil Crisis Bites
The world’s largest oilfield services provider, Schlumberger (NYSE: SLB), reported on Friday its third consecutive quarterly loss this year as exploration and production companies drastically reduced demand for drilling…
Dakota Access Oil Pipeline Clears Hurdle To Doubling Capacity
Illinois approved this week the plan for the Dakota Access Pipeline to double its capacity from 570,000 bpd to 1.1 million bpd, thus becoming the last state along the…
Argentina Looks To Attract $5B Investment To Boost Shale Gas Production
Argentina unveiled this week a new plan for natural gas development, looking to attract US$5 billion in company investments to revitalize gas production in the Vaca Muerta shale play…
Canada Government Invests In Mini Nuclear Reactors
The federal Canadian government has allocated US$15.11 million (C$20 million) for investments in mini nuclear power plants as part of efforts to reduce the country's carbon footprint. The money will…
Libya’s Oil Production Jumps To 500,000 Bpd After Biggest Field Restarts
Libya’s oil production has jumped to around 500,000 barrels per day (bpd) this week after the country’s largest oilfield resumed pumping crude over the weekend, sources with knowledge of the…
South Sudan Oil Output Drops
Crude oil production in South Sudan has declined to 165,000 bpd from 185,000 bpd due to the pandemic, floods in some parts of the country, and geological challenges, the Sudan…
