 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 23 hours | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 17 mins | 2.741 | +0.007 | +0.25% |
|
Bonny Light • 23 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 23 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 22 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 22 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 22 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 22 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Reuters Estimates: Russian Oil and Gas Revenue to Double in April
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Big Oil May Not Support All Trump 2.0 Policies
Trump's two primary campaign promises,…
Profit Taking Is Putting Downward Pressure on Oil Prices
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News
Investors On Edge As Attacks Highlight Aramco IPO Risks
The weekend attacks on key oil infrastructure in Saudi Arabia have investors anxious as the Kingdom has just accelerated plans to list Saudi Aramco in what would be the world’s…
Saudis To Buyers: You’ll Get Your Oil Volumes Despite Attack
Saudi Arabia’s state oil giant Aramco has informed some of its major Asian customers that they would receive all the oil supply they had contracted—although lighter grades would likely be…
U.S. “Locked and Loaded” In Response To Saudi Oilfield Attack
The U.S. is ready to act in response to a drone attack on a Saudi oilfield that slashed the Kingdom’s output and pushed prices higher but is awaiting verification on…
Saudis Shut Arab Light Oil Pipeline To Bahrain After Attacks
Saudi Arabia has shut down its 230,000 bpd pipeline carrying Arab Light crude to Bahrain, after this weekend’s attacks took 5.7 million bpd of Saudi oil production—mostly light grades—offline, Reuters…
Chinese Oil Futures Rally On Saudi Attacks
The prices of China’s crude futures and refined oil surged on Monday as Chinese independent refiners are grappling with rising costs as a direct result of Saturday’s
Trump Authorizes Release From Strategic Petroleum Reserve
Following the news of a drone attack on a Saudi oilfield, which sparked concern about global supply security, President Trump said he had authorized a release from the Strategic Petroleum…
US Still Courting Australia To Sell SPR Crude And Storage Space To House It
US Energy Secretary Rick Perry said on Friday that Australia was still in negotiations with the United States to lease space in America’s Strategic Petroleum Reserve, S&P Global Platts reported…
Nigeria LNG Seeks $10B Funding To Expand
The operator of Africa’s biggest natural gas plant, Nigeria LNG, is seeking a loan of US$10 billion from domestic and international lenders to expand its operations with a seventh train,…
India Considers Selling Bharat Petroleum Stake To Oil Major
India weighs selling the state’s majority stake in Bharat Petroleum Corporation (BPCL), the country’s second-largest state-owned refiner, to an international oil company, Bloomberg reported on Friday, quoting people with…
U.S. Moves Closer To Opening New Lands For Drilling In Alaska
The U.S. Bureau of Land Management has issued the final environmental impact statement on an oil and gas drilling program for the Arctic National Wildlife Refuge. The plan will…
IEA: US Shale Revolution Changed Global Energy Market
Rising U.S. shale oil and gas production has turned the United States into the world’s largest oil and gas producer, which in turn has changed the entire energy landscape both…
Shippers Afraid To Give Venezuela Tankers To Export Crude
Shipping companies have become increasingly reluctant to supply Venezuela with vessels to ship its crude oil to foreign markets for fear of losing their insurance, Bloomberg reports, citing unnamed…
Fire Erupts On Oil Tanker At Norwegian Terminal
A fire of still unknown origin broke out on Friday morning in the engine room of an oil tanker during loading operations at Equinor’s Sture oil terminal in Norway,…
Oman: Forget $80 Oil, Producers Should Get Used To $60 Oil
Oil producing nations should get used to living in a world of US$60 a barrel oil, because US$80 oil is unlikely in the current market environment, Oman’s Minister of Oil…
Harold Hamm: U.S. Oil Firms Adjust Production Growth To Demand
U.S. shale producers intend to meet oil demand, but not exceed it, so they are adjusting their production growth accordingly, shale pioneer and the chairman and chief executive of Continental…
Venezuela Confident It Will Recover Oil Production By End-2019
Venezuela is confident that it can recover the oil production lost to U.S. sanctions after the ousting of John Bolton as U.S. national security advisor, Venezuela’s Oil Minister Manuel…
Non-Compliant Iraq, Nigeria Vow To Fall In Line With OPEC Oil Quotas
Iraq and Nigeria—the two rogue members of OPEC that haven’t been complying with their share of the production cuts in recent months—pledged on Thursday to fall within their respective…
BP To Sell Some Oil Projects To Meet Paris Climate Goals
UK oil and gas supermajor BP considers selling some heavily carbon-intensive oil projects and not develop others in order to have its business compatible with the Paris Climate Agreement, BP’s…
Toyota Experiments With Solar-Powered Car
Toyota is testing a solar-powered Prius that may some day not need to be plugged in to recharge, Reuters reports, adding that the car’s range on a single charge…
Duterte: China Offered Oil Project Majority To Drop Territorial Claim
China’s President Xi Jinping offered a majority stake in a joint oil and gas exploration project to his Philippino counterpart Rodrigo Duterte in exchange for Duterte dropping a claim on…
