 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 19 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 • 40 mins | 2.735 | +0.001 | +0.03% |
|
Bonny Light • 19 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 19 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 18 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 18 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 18 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 18 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
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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% |
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News
Saudis: We Didn’t Discuss Lowering Gasoline Prices With Trump
Neither OPEC Secretary General HE Mohammad Sanusi Barkindo nor Saudi officials have spoken with President Trump about lowering gasoline prices, according to Wall Street Journal sources, as cited by…
Exxon, Chevron Earnings Slump On Weak Refining Margins
U.S. supermajors ExxonMobil and Chevron reported on Friday lower Q1 earnings compared to a year ago, with profits squeezed by weak refining margins and volatile oil prices and Exxon badly…
Major Strike At Europe’s Largest Oil Refinery Ends
Trade unions have agreed to end a week-long strike at Europe’s largest oil refinery - Shell’s 404,000 bpd Pernis refinery in the Netherlands—after the parties resolved a dispute over…
Indigenous Group In Ecuador Vows To Save Amazon From Oil Drilling
The Waorani people of the Amazon in Ecuador have renewed their vow to continue their fight to keep their ancestral land off limits for oil drilling, threatening to defend…
Russia Meets Ukraine, Belarus, Poland To Discuss Tainted Oil
Russia is holding talks with Ukraine, Poland, and Belarus over a contamination of its crude oil that had Poland, Slovakia, Ukraine, and Belarus shut down their sections of the Druzhba…
Australia Starts Importing U.S. Light Crude
Australia has joined the growing list of U.S. crude oil importers with two tankers currently en route to Down Under with cargoes of light U.S. crude, Reuters reports, citing…
Booming Oil & Gas Help Texas Exports Grow 3 Times Faster Than U.S. Average
The value of exports of oil and gas from Texas jumped by 45 percent, CNBC reports, citing data from trade research firm WISERTrade. The value of Texas’ petroleum and…
Californians To See 1% Tax Added To Restaurant Bill To Fight Climate Change
Some Californians will soon see a new 1% fee added to their restaurant check as the Restore California Renewable Restaurants look to help fight climate change by offsetting the carbon…
Saudi Aramco Looks To Bolster Gas Business Through Joint-Ventures
Saudi Arabia’s oil giant Aramco, which has an ambitious plan to grow its natural gas business, is in talks with many partners for a potential joint venture or partnership,…
Russia’s Novatek Sells 20% In Arctic LNG 2 To Chinese Firms
Russian gas producer Novatek said on Thursday that it had signed agreements with two Chinese companies, under which the Asian firms will become shareholders in the…
Canada Bans Oil, Gas Drilling In Marine Protected Areas
Canada announced on Thursday that it is banning oil and gas drilling in federal marine protected areas, in a move to take action to protect the oceans. Until now,…
Venezuela’s Oil Industry Implosion Reaches Chevron
Massive blackouts in Venezuela in March and April have drastically reduced oil production at Chevron’s biggest oil joint venture in the country, Bloomberg reported on Thursday, citing data that…
Iraq, Kurdistan To Discuss 50% Increase In Oil Production
The central Iraqi government will meet with its Kurdish counterparts soon to talk about oil exports from the now semi-autonomous region that tried to gain independence last year. Reuters
Tesla May Need Another Capital Injection As Q1 Brings $700 Million Loss
Tesla may soon announce a capital raise after Elon Musk suggested “There is some merit to raising capital,” adding “It’s probably…
U.S. Sanctions Strip Iran Of $10 Billion In Revenues
The U.S. sanctions imposed last November on Iran have denied the country some US$10 billion in oil revenues so far, Washington’s Special Envoy for Iran Brian Hook told media.…
Poland Suspends Russian Oil Intake On Contamination
Poland has shut down the flow of Russian crude oil via the Druzhba pipeline after traces of contamination were found, Reuters reports. An earlier report that Germany had…
Sabotage Of Nigerian Pipeline Causes Force Majeure
Nigerian firm Aiteo Oil Exploration and Production Company, has discovered that sabotage was the cause of the fire that caused Nigeria’s oil production to fall 8% per day, creating…
Opposition Leader Juan Guaido May Be On the Hook for Citgo “Theft”: Maduro
Disputed Venezuelan President Nicolas Maduro has publicly criticized the “theft” of its state-owned and US-based refining operations, Citgo, in a radio broadcast on Tuesday, adding that those responsible of this…
Equinor Kowtows To Investors Over Climate Issues
Per shareholder prodding, Equinor will review its existing climate targets through 2030, and will come up with new ones for 2030 and beyond, and will tie executive and employee…
Ford Invests $500M In Tesla Rival
Ford Motor Company is investing US$500 million in Rivian, an electric vehicle (EV) developer which is considered to be a potential future rival to Tesla. Ford, one of Detroit’s Big…
