 |
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 • 10 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 10 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 10 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 10 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% |
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News
Norway Expands Acreage In Latest Oil Licensing Round
Norway announced on Wednesday the latest oil licensing round in mature areas on the Norwegian Continental Shelf, expanding this year’s predefined area by 103 blocks in the Norwegian Sea…
Putin: Russia Looks To Get Free Of U.S. Dollar ‘Burden’ In Oil Trade
Russia is mulling over ways to ‘get free’ of the U.S. dollar burden in oil trade as part of a plan to boost its national economic sovereignty, Russian President…
Malta Turns A Blind Eye On Libya Oil Smuggling Network
Malta’s authorities have failed to act to prevent an oil smuggling ring sneaking fuel out of Libya into Malta, despite the fact that the ringleaders of the illicit transfers…
Trumps’ Withdrawal From Iran Deal Not About Oil: Saudi Businessman
President Trump’s decision to pull out of the nuclear deal with Iran and six world powers has nothing to do with oil, a Saudi investment company executive and former Aramco…
Petrobras Books Best Profit In Five Years On Oil Price Rally
Brazil’s state-run oil firm Petrobras signaled on Tuesday that it may have finally turned the corner after the huge 2014 corruption scandal, posting its highest quarterly profit since the…
PDVSA Diverts Tanker From Caribbean Terminal
Two days after ConocoPhillips moved to seize assets owned by Venezuela’s state oil company, PDVSA, in the Caribbean, shipping data revealed that PDVSA has diverted a tanker carrying crude from…
Saudis To Supply Sudan With Oil To Help Ease Fuel Shortages
Saudi Arabia will supply Sudan with oil in the next five years to help it alleviate a severe fuel crunch in the country, Sudan’s Oil Minister Abdul Rahman Osman…
Poland Reduces Russian Oil Import Dependence, At A Cost
Poland reduced last year the share of its imports of Russian oil to the lowest level since 2005, but the diversification of oil supplies came at a higher cost…
Crude Oil Draw Set To Improve Bullish Sentiment
After the much-awaited news regarding U.S. sanctions on Iran today, the American Petroleum Institute (API) reported a draw of 1.85 million barrels to the U.S. crude oil inventories for the…
BP, Iraq Sign Deal To Triple Kirkuk Oil Production To 1 Million Bpd
Iraq has signed an agreement with supermajor BP that would triple the oil production from the Kirkuk oil fields in northern Iraq to more than 1 million bpd, Iraq’s Oil…
Trump Scraps “Defective" Iran Deal
Trump has announced that the United States will withdraw from the Iran nuclear deal, calling it “defective at its core”. He has also allegedly vowed to initiate new sanctions,
Shell Sells Stake In Canadian Natural Resources
Shell has closed an underwriting agreement with a group of investment banks for the sale of its 8-percent interest in Canadian Natural Resources for about US$3.3 billion, the company…
Elon Musk Raises Stake In Tesla
Elon Musk has bought US$9.85 million worth of Tesla stock, a regulatory filing has revealed. The SEC filing is dated this Monday, after Musk took to Twitter to mock traders…
B.C. Doubles Down On Emission Cuts
British Columbia’s environment ministry has launched legislation aiming to cut carbon emissions in the province by 40 percent from 2007 levels over the next 12 years and by 60 percent…
Actors Allegedly Paid To Support New Orleans Power Plant
Actors have been hired and paid to sit through public hearings for a proposed power plant in New Orleans, The Lens reports, citing interviews with some of the actors…
Saudis Concerned About Tighter Spare Oil Production Capacity
Although the oil market is now in better shape than it was in 2016, there are concerns about the tight spare oil production capacity, Saudi Arabia’s Energy Minister Khalid al-Falih…
Tesla Locking Out Contractors Not Vouched For By Employee
The push to make Tesla’s production more efficient amid record losses and high cash-burn rate has led to Elon Musk telling employees that individual contractors working for the EV maker…
Ex-Guantanamo Detainee Advised Libya’s Oil Industry
A former Guantanamo Bay prisoner detained over alleged links with al Qaeda has worked as an advisor in the Libyan oil industry, The National reports. Omar Deghayes, born in…
Algeria Looks To Boost Budget Expenditure Amid Higher Oil Prices
Algeria plans to raise its budget expenditure by 6 percent this year to capitalize on the higher oil prices ahead of presidential elections next year, but economists warn that boosting…
Total Could Lose South Pars Stake To Chinese Company
Total could lose its 50-1 percent stake in the South Pars offshore gas field in Iran if it pulls out of the country in case of new U.S. sanctions against…
