 |
Louisiana Light • 1 day | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.702 | -0.012 | -0.43% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 10 mins | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 10 mins | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 10 mins | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 10 mins | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 1 day | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
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News
U.S. Gulf Coast Crude Exports Fall As Freight Costs Surge
U.S. Gulf Coast crude oil exports have been slowing in recent weeks, due to arbitrage constraints because of surging freight rates, S&P Global Platts reports, citing market participants’ expectations…
Mnuchin: Washington Will Insist On At Least 20% Iran Oil Import Cuts
U.S. Treasury Secretary Steven Mnuchin warned this weekend that countries importing Iranian crude that want to continue importing it will need to reduce their intake of Iranian crude by more…
Ethiopia Inks Peace Deal With Rebel Group In Gas-Rich Region
The Ethiopian government has reached a peace deal with a rebel group active in a gas-rich region that the authorities had classified as a terrorist organization, Reuters reports, citing…
Chinese City Wants To Launch Artificial Moon To Light Up Streets
China wants to launch a world-first ‘man-made moon’ over the southwestern city of Chengdu by 2020 to help illuminate the city at night. If the first artificial moon experiment is…
Norway’s Oil Production Continues To Decline Faster Than Expected
Norway’s crude oil production has not only been sliding this year compared to last year—as expected—but it has also consistently underperformed the production forecasts of the Norwegian Petroleum Directorate (NPD).…
Vice-Premier: Northern China Needs To Prepare For Winter
The northern region of Beijing-Tianjin-Hebei needs to make sure there is enough fuel for heating during the winter, Vice Premier Han Zheng has warned, as quoted by Reuters. The…
China Refiners’ Run Rates At Record High In September
Chinese refiners processed a record daily amount of crude oil last month, Reuters reports, citing calculations based on Chinese statistical data. At a calculated 12.49 million bpd, the September…
Europe Fuel Oil Market Rocked As US Threatens To Slow Sulfur Cap Rollout
Europe’s fuel oil market was rattled on Friday by reports that the Trump Administration may look to slow down the introduction of the new regulations limiting sulfur content in ship…
Growing U.S. Oil Exports Make WTI Nearly 24-Hour Benchmark
The crude oil futures market has felt the rise of U.S. crude oil exports with growing volumes of West Texas Intermediate futures and options traded in Asian and European hours,…
BP Starts Up Gulf Of Mexico Expansion Project Earlier Than Planned
BP said on Thursday that it had started up ahead of schedule its Thunder Horse Northwest Expansion project in deepwater Gulf of Mexico, adding 30,000 bpd to the Thunder…
Iraq Transfers State Oil Firms Ownership To New National Oil Company
Iraq’s Oil Minister Jabbar al-Luiebi decreed on Thursday the transfer of the ownership of nine state-held oil companies from the oil ministry to the newly formed National Oil Company,…
Poland Turns Back on Russia In Favor Of US LNG In 20-Yr Deal
Poland’s main gas firm PGNiG has signed a 20-year agreement with U.S. Venture Global LNG, under which the Polish energy firm will receive 2 million tons of U.S. liquefied…
Chinese City Retracts Story On Exxon’s $7B Ethylene Plant
The authorities of Zhoushan, an island city in eastern China, said they were in talks with Exxon on the construction of an ethylene plant worth US$7 billion, Reuters reported…
Oil Remains Outside Scope Of U.S. Sanctions For Venezuela
The United States is mulling over more sanctions against Venezuela, but crude oil exports will not be among the sanction subjects, Reuters reports, quoting a Washington official. The source…
Kinder Morgan Cancels Gas Pipeline Project
Kinder Morgan has decided to shelve its Utica Marcellus Texas Pipeline project, the company said at the presentation of its third-quarter financial results. Instead, Kinder Morgan said, it will…
India’s Reliance Stops Importing Iranian Crude
Reliance Industries has stopped importing Iranian crude oil ahead of U.S. sanctions against Tehran that enter into effect on November 4, a senior company official told Reuters. He added…
Saudis, Kuwait Fail To Agree On 500,000-Bpd Joint Oil Fields Restart
Due to operational divergences and geopolitical divisions, Saudi Arabia and Kuwait haven’t made any progress in talks about the potential restart of jointly operated oil fields that analysts were hoping…
Europe’s Fuel Oil Traders Wary Of Closing 2019 Deals
Traders in Europe are not rushing to the 2019 tenders for fuel oil, expecting wild price volatility in the prices of both high-sulfur and low-sulfur fuel oil next…
Kuwait Prices New Super Light Crude Above Saudi Arab Extra Light
Kuwait Petroleum Corp (KPC) has set the official selling prices (OSPs) for its new Super Light Crude grade at a premium to a similar Saudi grade for October and November,…
Saudi Arabia Lifts West Coast Oil Export Capacity By 3 Million Bpd
Saudi Arabia has added 3 million bpd of oil export capacity to its West Coast on the Red Sea after the upgrade of Saudi Aramco’s Yanbu South Terminal, the state…
