 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.721 | +0.007 | +0.27% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 2 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 2 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 2 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
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
Venezuelan Constituent Assembly Approves Oil-Backed Cryptocurrency
Venezuela’s National Constituent Assembly has finally given the go-ahead to the country’s oil-backed cryptocurrency, El Petro, after the parliament declared it unconstitutional. According to a statement by Vice President…
Total, Aramco To Build $9B Petrochemical Complex
France’s oil major Total and Saudi Aramco signed on Tuesday a memorandum of understanding to build a giant petrochemical complex in Jubail, Saudi Arabia, which will see total investments…
CNPC Boss Optimistic About US-China Relations
Energy relations between the United States and China will deepen in the future, the chairman of state energy giant CNPC, Wang Yilin said in an interview with Bloomberg this week…
Ottawa In Emergency Meeting Over Trans Mountain Pipeline
Canada’s federal cabinet is to hold an emergency meeting today after yesterday Kinder Morgan’s Chairman Steven Kean warned that the company will suspend work on the Trans Mountain…
Australian LNG Revenue To Increase On Higher Exports, Higher Prices
Australia is expecting an increase in the value of LNG exports from $23 billion to $39 billion, Australia’s Department of Industry, Innovation and Science said on Monday in its publication,…
Tesla Stock Falls After Vehicle Recall
Tesla’s stock fell on Monday after a new recall by China’s quality watchdog was issued on Monday for Tesla vehicles in China. Today’s recall announcement is in addition to…
Iraqi Court To Hear Oil Export Argument With Kurds In May
Normalizing relations between the Iraqi central government and Iraqi Kurdistan will take a new twist beginning in May when Iraq’s top court starts hearings on the issue with officials…
UK Could Agree On $1-Trillion Support Package For Oil Industry
The UK government could be on its way on agreeing a massive support package—dubbed a sector deal—with the North Sea oil and gas industry, the Scottish Secretary of State David…
Saudi Exchange Ready For Aramco Listing
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Saudi Companies To Splash Billions On Texas Petrochemical Investments
Saudi companies are prepared to invest billions in petrochemicals production in Texas, taking advantage of the abundance of cheap natural gas in the Permian and elsewhere in the shale…
Aker Eager To Put End To North Sea Platform Strike
Managers from Norwegian oil services company Aker Solutions are travelling to the Mariner platform in the North Sea where workers launched an unofficial strike over the weekend demanding better…
Kinder Morgan Threatens To Suspend Trans Mountain Project
Kinder Morgan will suspend its Trans Mountain pipeline expansion project entirely if the legal issues surrounding it cannot be resolved by May 31, Chairman Steve Kean said, adding the…
Russian Firms To Invest $22.5 Billion In Oil Production In 2018
Russian companies are expected to invest US$22.5 billion (1.3 trillion rubles) in oil production this year, with crude output and exports forecast at the same levels as in 2017, Russia’s…
China Leads Global Renewable Investment With $126.6 Billion
China invested a total of US$126.6 billion in renewable energy in 2017, the highest figure ever and accounting for 45 percent of global green energy investment, the ‘Global Trends in…
Permian Oil Boom Threatens To Overtax Electrical Grid
The shale boom in the Permian where companies are intensively drilling while keeping costs low has led to an unprecedented electricity demand in West Texas, straining the grid as local…
BP “Promoted” Oil Spills To Australian Watchdog
BP downplayed the risks of an oil spill in the Great Australian Bight, and even suggested that cleanup efforts—in case of such a spill—would be a “welcome boost” to the…
Lego Doubles Down On Renewables Investments
Lego’s owners are planning to spend more on renewables, after determining that what used to be an merely an ideal-driven investment strategy now makes financial sense too, Bloomberg reports,…
Tesla Bankruptcy Not So Far Fetched, Says Analyst
Just days after Elon Musk’s not-so-well-received April Fool’s tweet that spoke of Tesla’s imminent bankruptcy in jest, one analyst is predicting that that doesn’t seem so foolish after all. The…
Enbridge To Sell More Than $7B In Non-Core Assets
Enbridge is looking to cut its 50-percent stake in a German offshore wind project, Bloomberg reported on Thursday, citing sources familiar with the plan that comes as the Canadian…
Russia-led Nord Stream 2 Gas Pipeline Gets First Permit In Finland
Finland granted on Thursday a permit to Gazprom-led Nord Stream 2 to use the Finnish Exclusive Economic Zone (EEZ) for the construction of the natural gas pipeline planned to…
