 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 19 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 1 day | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 day | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 1 day | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 1 day | 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
Senegal Has A Chance To Dodge The ‘Oil Curse’
Senegal is a newcomer to the oil industry, and as the international companies that ventured into the West African country and struck oil in 2014 are nearing final investment decisions…
OPEC Panel Confirms The Oil Glut Is All But Eliminated
A meeting of the Joint Technical Committee (JTC) of the OPEC and non-OPEC oil producers part of the supply-cut pact found on Thursday that oil inventories in developed economies had…
Exxon, Iraq at Odds on Major Oil Contract
An important oil industry contract between Exxon and Iraq could fall through, throwing a wrench in the works of Iraq’s oil industry expansion, Reuters reports, citing sources close to…
Will Kinder Morgan Abandon The Trans Mountain Pipeline?
Kinder Morgan does not seem very upbeat about the prospects of its US$5.9-billion Trans Mountain pipeline project despite a pledge by the Alberta and federal Canadian government to support the…
China Sets Its Sights On First South American Refinery
China could be on the brink entering the refining industry in the Americas if it inks a deal with Brazil’s Petrobras that will see it invest in the Comperj refinery…
Poll Shows Most Canadians Support Trans Mountain
A bitter battle over Kinder Morgan’s US$5.8 billion Trans Mountain pipeline which has played out in the public has resulted in an increase in the amount of support the pipeline…
CNOOC Sells LNG In First Auction As China Looks To Avoid New Gas Crunch
China National Offshore Oil Corporation (CNOOC) sold two liquefied natural gas (LNG) cargoes on a local exchange for the first time, just as China emerged from severe gas shortages…
Four U.S. States Generate Over 30% Of Their Electricity From Wind
Wind power generated a record 6.3-percent share of total U.S. electricity last year, with four states generating more than 30 percent of their electricity from wind power, the American Wind…
Oil Trader Gunvor Joins Payments Transparency Initiative
One of world’s biggest independent oil traders, Gunvor, is joining the Extractive Industries Transparency Initiative (EITI), a voluntary disclosure program for improving transparency of revenues from natural resources. Gunvor…
OPEC Oil Producer Angola Seeks IMF Help To Reform Economy
Africa’s second-largest oil producer Angola is seeking non-financial assistance from the International Monetary Fund (IMF) to help it with reforms aimed at revitalizing the economy that has suffered from…
Tesla Starts 24h Shifts In Attempt Ramp Up Model 3 Production
Tesla’s halt of Model 3 production is due to a comprehensive set of upgrades that will allow it to ramp up production to up to 4,000 cars per week…
Chinese City Picks New Wind Projects With Lottery
In most parts of the world there is probably not enough wind power capacity, but in northwestern China there is too much, it seems. As a result, one city in…
Two Chevron Employees Arrested In Venezuela
Venezuelan intelligence services have arrested two local employees of Chevron, Reuters reports, citing unnamed sources. The reason for the detention has not yet been established. Neither the company, nor…
Oil Prices Head Higher After API Reports Crude Inventory Draw
The American Petroleum Institute (API) reported a draw of 1.047 million barrels of United States crude oil inventories for the week ending April 13, largely in line with analysts who…
Shell Advises Shareholders To Reject Binding Climate Resolution
Royal Dutch Shell has recommended that its shareholders vote against a climate resolution that an activist climate group wants passed at the annual general meeting next month. Dutch climate group…
Tesla May Be The Biggest Winner Of China’s New Car-Market Rules
China is removing a limit on foreign ownership of carmaking joint ventures that has been in place since 1994, and that comes as welcome news for Tesla, which has…
Alberta’s New Oil Legislation Could Disrupt West Coast Fuel Deliveries
Yesterday Alberta’s government launched the latest offensive against neighbor British Columbia by introducing a bill seeking the powers to prioritize oil and fuel shipments with an emphasis on crude…
Tesla Pauses Model 3 Production To Fix Bottlenecks
Tesla is not out of “production hell” yet—it is suspending Model 3 production for four to five days this week to ease bottlenecks, just days after Elon Musk said that…
Australia’s Northern Territory Scraps Fracking Ban
Australia’s Northern Territory has removed a moratorium on hydraulic fracturing introduced two years ago while the state’s government assessed the potential impacts of fracking on the environment. Now, the assessment…
BP To Keep Greenhouse Gas Emissions Steady, Environmentalists Unimpressed
BP is making preparations for a lower carbon future, and is keeping its greenhouse gas emissions either at or below the levels it saw in 2015, according to a new…
