 |
Louisiana Light • 4 days | 83.76 | +0.29 | +0.35% | ||
|
Bonny Light • 3 days | 84.11 | -0.31 | -0.37% | ||
|
Opec Basket • 4 days | 84.30 | +0.70 | +0.84% | ||
|
Mars US • 191 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.500 | +0.001 | +0.02% |
|
Bonny Light • 3 days | 84.11 | -0.31 | -0.37% | ||
|
Girassol • 3 days | 85.07 | -0.23 | -0.27% | ||
|
Opec Basket • 4 days | 84.30 | +0.70 | +0.84% |
|
Peace Sour • 3 days | 72.46 | +0.27 | +0.37% | ||
|
Light Sour Blend • 3 days | 75.51 | +0.27 | +0.36% | ||
|
Syncrude Sweet Premium • 3 days | 82.46 | +0.27 | +0.33% | ||
|
Central Alberta • 3 days | 72.86 | +0.27 | +0.37% |
|
Eagle Ford • 4 days | 75.74 | +0.27 | +0.36% | ||
|
Oklahoma Sweet • 4 days | 75.75 | +0.25 | +0.33% | ||
|
Kansas Common • 4 days | 69.50 | +0.25 | +0.36% | ||
|
Buena Vista • 4 days | 83.77 | +0.27 | +0.32% |
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News
Iraq Discusses Gas Investment At Its Largest Oilfield With BP
Iraq discussed on Tuesday plans for investment in associated gas production at its largest oilfield, Rumaila, Iraq's Oil Minister Ihsan Abdul-Jabbar Ismail said in a statement to Shafaq News…
UAE Says OPEC+ Set To Ease Oil Production Cuts As Planned
The OPEC+ group plans to taper the ongoing oil production cuts as of January 2021, as initially agreed, the energy minister of OPEC’s third-largest producer, the United Arab Emirates (UAE),…
Iraq Proposes New Jointly Managed Oil Company For Kurdistan
The federal Iraqi government has proposed the establishment of a new oil company that will be managed jointly by Baghdad and Erbil to operate crude oil production and exports from…
Investment Funds Representing $20 Trillion In Assets Urge Carbon Cuts
A group of investment firms with a total of $20 trillion in assets have urged close to 2,000 companies to set emissions-cutting targets in compliance with global net-zero ambitions. The…
China Books 12.7% Rise In Oil Imports Jan-Sept
China imported 416 million tons of crude oil during the first nine months of the year, up 12.7 percent on the year, in the latest positive sign for oil…
Oil Prices Sink Ahead Of Industry Reports
Major oil benchmarks dipped on Monday ahead of two major oil industry reports that are set to be released on Tuesday of this week. The IEA is set to publish…
Electric Vehicle Market Hits New Milestone
U.S. electric vehicle maker Tesla will be releasing its Full Self-Driving (FSD) beta version to a limited number of customers next week, as promised, Elon Musk said on Monday. “Limited…
India’s Diesel Demand Struggles To Recover
Diesel demand in India, which has been the key driver of the country’s economic growth in recent years, is struggling to catch up with gasoline in terms of fuels recovering…
Gazprom Expects Gas Glut In Europe Will Continue In 2021
Russian gas giant Gazprom doesn’t see the glut in Europe’s natural gas market going away soon, with oversupply extending well into 2021. “The majority of challenges and threats are…
EU Targets Emission Savings From Buildings
The European Union (EU) aims to make buildings more energy efficient to save energy and cut emissions, European Commission President Ursula von der Leyen said on Monday. Public buildings…
OPEC’s No.2 Expects Another Weak Quarter Of Oil Prices
Iraq expects the pressure on oil prices to continue through at least the first quarter of 2021, with oil minister Ihsan Abdul Jabbar expecting the average for Brent during January-March…
Turkey’s Black Sea Gas Discovery May Be Bigger Than Thought
Turkey is about to revise up the estimate of its natural gas discovery in the Black Sea, Bloomberg reported on Friday, quoting sources with direct knowledge of the plans.…
Norway’s Oil Strike Could End As Soon As Friday
There is a chance that the oil workers’ strike in Norway will end as soon as on Friday, the head of the trade union whose members are on strike for…
Air Travel Collapse Makes Oil Hedges More Expensive
The pandemic and the resulting plunge in air travel have caused airlines to largely abandon oil hedges against higher oil prices, thus making it more expensive for oil producers to…
Pemex Issues $1.5-Bln Bond To Refinance Massive Debt
Mexico’s state oil company Pemex has issued a $1.5-billion bond to raise funds necessary to refinance existing debt, Reuters reported, quoting a source in the know that remained unnamed. According…
More Than 90% Of Gulf Of Mexico Oil Production Shut In As Hurricane Approaches
More than 90% of all oil production in the U.S. Gulf of Mexico has been shut in ahead of the latest hurricane set to rip through offshore oil country, the…
Norway’s Oil & Gas Strikes Could Take 25% Of Production Offline
If the ongoing strike of oil workers in Norway extends for another week without a resolution, nearly 25 percent of Norway’s oil and gas production could be shut down, including…
Venezuela Restarts Crude Blending Operations As Upgraders Return Online
Venezuela’s state oil firm PDVSA has recently boosted its crude oil blending operations to a six-month high after some upgraders came back online, Reuters reported on Thursday, citing PDVSA…
Church Of England Dumps All ExxonMobil Stock
The Church of England Pensions Board divested this week all its shares in ExxonMobil since the U.S. supermajor has failed to set targets to cut Scope 3 emissions—those generated by…
Libya’s Central Banks Wants To Lift Oil Output To 1.7 Million Bpd
The governor of the Libyan central bank has called for the increase of oil production to 1.7 million bpd as soon as possible as the country’s economy continues to struggle…
