 |
Louisiana Light • 3 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 177 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 days | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 2 days | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 2 days | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 3 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 2 days | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 2 days | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 2 days | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 2 days | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 3 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 3 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 3 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 4 days | 87.23 | -0.55 | -0.63% |
Breaking News:
The Renewable Energy Boom Has a Waste Problem
The rapid growth of renewable…
Oil Moves Higher on Inventory Draw
Crude oil prices ticked higher…
How Long Will the Gold Rally Last?
Precious metal prices surge, particularly…
News
Angola Unwilling To Compensate For Loose Compliance With OPEC+ Deal
Angola is not too keen to compensate for its loose compliance with the OPEC+ cuts by making deeper production cuts in Q3, Reuters reported on Thursday, citing sources in the industry…
Energy Transfer Twists Oil Companies’ Arms On Dakota Access Pipeline
Energy Transfer, the company behind the controversial Dakota Access oil pipeline, has declared force majeure on the project to stop companies from pulling out of its plan to double the…
OPEC Production Falls To Three Decade Low
OPEC’s oil production in June came in at the lowest level since May 1991 during the Gulf War, and collectively meeting its promised cut. For June, OPEC cut its production
Iraq Looks To Lure Saudi Investment As It Tries To Comply With OPEC+ Deal
Iraq is looking to attract investment from Saudi Arabia in one of its natural gas fields, Iraqi Deputy Prime Minister and Finance Minister, Ali Allawi, told Bloomberg, while OPEC’s second-largest…
Prominent Climate Activist Apologizes For ‘Alarmism’
Michael Shellenberger, Time magazine “Hero of the Environment,” apologized on behalf of environmentalists for the climate alarmism they had propagated over the past three decades. Shellenberger, president at Environmental Progress and…
Vital Oil Export Hub In Middle East To Expand Storage Capacity
The Port of Fujairah in the United Arab Emirates (UAE), one of the main oil storage and export hubs in the Middle East, is set to see its storage capacity…
‘Stolen’ Oil Cargo Shows U.S. Sanctions On Venezuela Work
A legal fight over a gasoline cargo anchored near Houston is indicative of the shipping industry increasingly refusing to have anything to do with Venezuela and the efficiency of the…
Global Energy Demand To Decline Through 2050
Global energy demand may well have peaked last year, and the same may be true for carbon dioxide emissions, Norwegian energy consultancy DNV GL said in a new report. According to…
Advisory Firm: Tesla Shareholders Should Oust Musk
Tesla shareholders should vote to oust Tesla chief executive Elon Musk from his position and the board of the company for his controversial tweets and a bonus package that could…
ConocoPhillips To Restart Part Of Curtailed Oil Production
ConocoPhillips expects to start bringing back in July part of the oil production it had curtailed in the second quarter in response to the low oil prices, the U.S. oil…
Oil Jumps After API Reports Largest Crude Draw This Year
The American Petroleum Institute (API) estimated on Tuesday a major draw in crude oil inventories of 8.156 million barrels for the week ending June 26. Analysts had predicted an inventory…
Analysts See Limited Upside To Oil Prices This Year
Oil prices are unlikely to jump too much this year despite the OPEC+ production cuts as the economic and oil demand recovery are set to pick up steam only in…
Saudi Arabia Discusses Progress Of OPEC+ Deal With Nigeria
Saudi Arabia’s Crown Prince Mohammed and the president of Nigeria Muhammadu Buhari, discussed the progress of the OPEC+ oil production cut deal this week in a phone call, the Saudi…
South Korea’s KEPCO Invests In Coal Project Despite Controversy
South Korea’s largest electric utility, state-controlled Korea Electric Power Corporation (KEPCO), has decided to buy a minority stake in a coal project in Indonesia despite local opposition and growing pressure…
OPEC Secretary General: Oil Not Out Of the Woods Just Yet
The oil markets are not “out of the woods” just yet, OPEC’s Secretary General Mohammad Barkindo told a virtual panel organized by the Canada-UAE Business Council, cited by The National.…
India Confident Fuel Demand Will Return To Normal By September
Fuel demand in India, the world’s third-largest oil importer and third-largest oil consumer, is set to rebound to pre-crisis levels by the end of September, Indian Oil Minister Dharmendra Pradhan
BP Sells Global Petrochemical Business In $5 Billion Deal
As part of its plan to reinvent itself through the energy transition, BP has agreed to sell its global petrochemicals business to UK’s Ineos for US$5 billion, the supermajor
Chinese Oil Major Strikes It Big In South China Sea
The listed arm of China National Offshore Oil Corporation (CNOOC) said on Monday that it had made a significant discovery of oil and natural gas in the eastern part of the…
India Suspects China May Be Sending Power Equipment With Malware
Amid heightened tensions between China and India, the latter said it would check all imported power equipment coming from China for malware and other cyberweapons, Indian media report. "Power…
ExxonMobil Readies To Make Major Job Cuts
The largest oil company in the United States is preparing to let go between 5% and 10% of its US-based employees subject to performance reviewed, anonymous sources told BNN…
