 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 18 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 2 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 18 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 18 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 9 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 9 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 9 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 9 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
China Raises Gasoline and Diesel Prices amid Soaring Crude Oil Prices
China is raising from Wednesday…
Aluminum Prices Chase 2023 Highs
Aluminum prices continue to rally,…
Oil Prices Settle Near $90 Despite Rising Geopolitical Risk
Oil prices have settled around…
News
Gas Expert Says U.S., Russia Need To Focus On Cutting Emissions
An Austrian natural gas expert has warned Washington and Kremlin they have to set their priorities straight and focus their efforts on reducing the world’s carbon emissions rather than growing…
Russia’s Gazprom To Start China Gas Pipeline By December 1
Russia’s gas giant Gazprom will begin natural gas deliveries to China via the Power of Siberia pipeline ahead of schedule, as early as December 1, 2019, Alexey Miller, Chairman of…
Indian Oil Corp. Inks First Annual U.S. Oil Import Deal
Indian Oil Corp., the country’s largest oil refiner, has signed its first annual contract for deliveries of crude oil from the United States, Reuters reports, citing a statement by…
Gazprombank Reportedly Freezes PDVSA Accounts
Gazprombank has reportedly frozen accounts held by Venezuela’s state oil company PDVSA and has stopped conducting transactions involving these accounts on concern of getting penalized under the latest round of…
Kenya Cuts Diplomatic Ties With Somalia Over Oil Row
Kenya broke diplomatic relations with neighbor Somalia after a row over several oil and gas blocks escalated into an open conflict, media report, adding Nairobi expelled the Somali ambassador…
Mexico To Support Indebted State Oil Firm Pemex With $3.6B
Mexico will support Pemex by injecting US$3.6 billion into the debt-laden state-held oil firm, including by refinancing debt and cutting taxes, Mexican officials said on Friday. The Mexican government,…
Trader Trafigura To Stop Oil Business With Venezuela
Due to the U.S. sanctions on Venezuela’s oil industry and state firm PDVSA, one of the world’s largest commodity traders, Trafigura, has decided to halt its oil trade with Venezuela,…
Russia’s Lukoil Halts Oil Swaps In Venezuela After U.S. Sanctions
Litasco, the international trading arm of Russia’s second-biggest oil producer Lukoil, stopped its oil swaps deals with Venezuela immediately after the U.S. imposed sanctions on Venezuela’s oil industry and state…
Berkshire Hathaway Share Purchase Boosts Suncor Stock
Warren Buffett’s investment firm Berkshire Hathaway acquired 10.8 million shares in Canada’s Suncor during the last quarter of 2018, CNBC reports citing a SEC filing. The release of the…
Venezuela Supreme Court Prosecutes Guaido-Appointed PDVSA Board
Venezuela’s Supreme Tribunal of Justice, the country’s Supreme Court, ordered legal action against individuals that opposition leader Juan Guaido announced as the new board members for PDVSA and its U.S.…
Fight On Climate Change Could Accelerate Norway’s Oil Decline
Stricter global climate policies could influence Norway’s oil and gas industry and lead to a phase out of oil and gas sooner than previously expected, Oystein Olsen, the Governor of…
India To Continue Buying Venezuelan Oil Despite U.S. Warning
India will look into commercial considerations and related factors to determine the value of oil imports from any country, an Indian official said on Thursday, after a top U.S.…
Militants Threaten Attacks On Nigeria’s Oil If President Is Re-elected
The Niger Delta Avengers (NDA)—the militant group responsible for most of the attacks on Nigeria’s oil infrastructure in 2016—resurfaced days before the Nigerian presidential elections this weekend, saying that…
Total Becomes First Oil Major To Invest In Saudi Fuel Retail Market
France’s Total is the first international oil major to invest in Saudi Arabia’s fuel retail market after signing a deal with oil giant Saudi Aramco to invest US$1 billion…
BOEM Schedules Gulf Of Mexico Lease Sale For March
The BOEM has scheduled a region-wide oil and gas lease sale for the Gulf of Mexico, in which it will offer a total 14,696 blocks spanning 78 million acres,…
India Gets First Grid-Scale Battery Storage From AES
The first grid-scale battery storage system in India launched this month, marking the first step of one of the world’s largest energy users to a future in which renewable energy…
Congressional Hearing: This Is How Far Venezuelan Oil Production Could Fall
Venezuela’s oil production could feasibly fall to just 500,000 barrels per day by year’s end, according to the US State Department’s Special Envoy to Venezuela in a Wednesday hearing…
Turkish Ships To Start Drilling For Oil, Gas Offshore North Cyprus
Turkish exploration ships will soon start drilling for oil and gas offshore the northern part of Cyprus, the energy minister of the Turkish Cypriots told Turkish Anadolu Agency on…
Uganda Sees First Oil Pushed Back To 2022
Uganda expects to start pumping oil in 2022, later than a previous target for 2021, because of lack of infrastructure and disagreements over taxes and plans with operators. Uganda is…
U.S. Warns The World Against Buying Venezuelan Oil
U.S. National Security Advisor John Bolton has warned countries and companies against buying crude oil from Venezuela, after the Latin American country’s Oil Minister Manuel Quevedo said during a surprise…
