 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.599 | +0.022 | +0.85% |
|
Bonny Light • 1 day | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 1 day | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 4 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 4 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 4 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 4 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
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News
API: Supersized Crude Build Sends Oil Prices Down
The American Petroleum Institute (API) has estimated a major crude oil inventory build of 10.45 million barrels for the week ending October 10—compared to analyst expectations of a much smaller…
Mammoth Oil Field Hit Hard By Unplanned Production Cuts
Oil production at one of the world’s largest offshore oil fields, Kashagan in Kazakhstan, has dropped by 80,000 barrels per day since early October because of unplanned maintenance, Kazakhstan’s energy…
Russia Nears 100% Compliance With Oil Production Target
Russia’s oil production inched down to 11.23 million barrels per day (bpd) in the first half of October, official Russian data showed on Wednesday, yet Moscow is still several thousand…
Venezuela's Prize Oil Asset May Soon Be Up For Grabs
Venezuela’s opposition is getting ready to file within days a lawsuit in the United States seeking to prevent bond holders of Venezuelan state oil firm PDVSA from going after shares…
Turkish Bank Tries And Fails To Skirt U.S. Sanctions
The United States announced sanctions against Turkish state-owned Halkbank for violating sanctions against Iran and engaging in a multibillion-dollar scheme for skirting said sanctions. The U.S. attorney for the Southern…
U.S. Shale Output Nears 9 Million Bpd
Crude oil production from the seven major shale plays in the United States could hit 8.971 million bpd next month, growing by 58,000 barrels per day, the Energy Information Administration…
India's Ingenious Way Around U.S. Oil Sanctions
Indian Nyara Energy has been buying Venezuelan crude oil from Rosneft and paying in fuel instead of cash to avoid a breach of U.S. sanctions against Caracas, Reuters reports,…
The World's Largest IPO Is Finally Ready To Go
Saudi Arabia’s government is set to officially endorse this week plans to list shares in oil giant Aramco in what would be the world’s largest initial public offering (IPO) ever,…
Can Tesla Survive Without Tax Credits?
Despite a record delivery Q3 quarter for Tesla worldwide, registrations in the U.S. sharply dropped in August and September, in what analysts attributed to the halving of tax credits for…
Winter Is Coming For Oil Refiners
The U.S. sanctions on Chinese tanker firms and the increased tensions in Middle Eastern waters have spoiled what many refiners had anticipated could be a bumper Q4 quarter just ahead…
Is This The End Of China’s Gas Boom?
Chinese demand for natural gas is forecast to rise by 10 percent this year, a slower growth rate than in previous years, as slowing economic growth impacts demand, state-run…
Brazil Eyes A $1.45 Billion Payday As Big Oil Flocks To Pre-Salt
Brazil expects to pocket some $1.45 billion (6 billion reias) from the sixth round of oil and gas block licensing for the pre-salt zone offshore. Reuters reports, citing the special…
Billion-Dollar Acquisitions Are Taking The Permian By Storm
Whiting Petroleum is talking acquisition with Abraxas Petroleum Corp., a Texas-based company with operations in the Permian, unnamed sources told Reuters. According to one of the sources, the mostly…
Shell CEO Speaks Out Against Anti-Oil Activists
Investment in oil and gas will continue despite growing climate concerns and the “demonization” of the industry simply because the world demands it, the chief executive of Shell, Ben van…
A New Era For The Saudi-Russia Energy Alliance
Saudi Arabia and Russia signed a deal on Monday to increase cooperation between OPEC+, taking what was a loose alliance between OPEC and several non-OPEC members, including Russia, and making…
Russia: OPEC+ Deal Will Not Be Revised
OPEC and its Russia-led non-OPEC partners in the production cut pact are currently not discussing changing the terms of their agreement, Russian Energy Minister Alexander Novak said on Monday.…
The U.S. Sets Its Sights On LNG Domination
The United States will be the global leader in newly-built liquefied natural gas (LNG) liquefaction capacity between 2019 and 2023, data and analytics company GlobalData said in a new…
When Will Saudi Oil Production Return To Pre-Attack Levels?
Saudi Arabia will restore its oil production to levels slightly above the output just before the attacks on its oil facilities in mid-September, Saudi Energy Minister Prince Abdulaziz bin Salman…
Is This The Next Natural Gas Super Alliance?
Saudi oil giant Aramco could invest in liquefied natural gas (LNG) projects in Russia in the future, Russian Energy Minister Alexander Novak said at a Saudi-Russian investment forum in…
China’s Oil Imports Jump 11%
China imported 10.08 million bpd of crude oil last month, up 11 percent on the year, customs data showed as cited by S&P Global Platts. This was the first…
