 |
Louisiana Light • 2 days | 82.77 | -0.13 | -0.16% | ||
|
Bonny Light • 2 days | 84.01 | -0.44 | -0.52% | ||
|
Opec Basket • 2 days | 83.60 | -0.14 | -0.17% | ||
|
Mars US • 187 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.536 | -0.008 | -0.31% |
|
Bonny Light • 2 days | 84.01 | -0.44 | -0.52% | ||
|
Girassol • 2 days | 84.95 | -0.49 | -0.57% | ||
|
Opec Basket • 2 days | 83.60 | -0.14 | -0.17% |
|
Peace Sour • 13 hours | 71.58 | -0.10 | -0.14% | ||
|
Light Sour Blend • 13 hours | 74.63 | -0.10 | -0.13% | ||
|
Syncrude Sweet Premium • 13 hours | 81.58 | -0.10 | -0.12% | ||
|
Central Alberta • 13 hours | 71.98 | -0.10 | -0.14% |
|
Eagle Ford • 2 days | 74.86 | -0.10 | -0.13% | ||
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Oklahoma Sweet • 2 days | 75.00 | +0.00 | +0.00% | ||
|
Kansas Common • 8 days | 69.25 | -3.00 | -4.15% | ||
|
Buena Vista • 3 days | 83.20 | +0.37 | +0.45% |
Gasoline Demand Continues To Grow Despite EV Boom
Electric vehicles are rapidly gaining…
Oil Prices Under Pressure Despite Israel Sending Troops Into Rafah
Oil prices remain under pressure…
Egypt Eyes Large Role in Green Hydrogen Production
Egypt’s rich solar and wind…
News
Rystad Upbeat About Oilfield Service Providers
Rystad Energy expects a strong performance from the oilfield service sector based on the first-quarter reports of the top three players in this field, which featured an average increase…
Two Chevron Employees Could Face Treason Charges
Two Chevron Corp. workers arrested in Venezuela last week could face treason charges, according to sources quoted by Reuters on Monday. The draft charges that used the word treason, seen…
CenterPoint Energy To Buy Indiana-Based Vectren For $6B
Houston-based CenterPoint Energy and Indiana-based Vectren said on Monday that they had agreed to merge in a US$6-billion transaction to become a leading U.S. energy delivery, infrastructure, and…
U.S. Oil Looks To Conquer European Market
U.S. crude oil and condensate exports to Europe are expected to hit an all-time high of around 550,000 bpd in April, according to shipping programs, and traders expect the record…
Kuwait Plans Massive Oil Tanker Expansion
Despite the ongoing oil production cuts across OPEC, Kuwait has announced plans to expand its oil and oil product tanker fleet twofold over the next 20 years to 60 vessels,…
Halliburton Returns To Q1 Profit On Strong North America Business
On Monday, Halliburton (NYSE:HAL) reported a net income for the first quarter, compared to a net loss for the same period last year, as the oilfield service group’s revenue…
Michael Bloomberg To Personally Fund U.S. Paris Agreement Commitment
Michael Bloomberg will pay US$4.5 million to the UN Climate Change Secretariat in a bid to make sure that the United States upholds its commitment to the Paris Agreement…
Shell’s Profits Soar From Strong Asian Demand
Oil major Shell has snapped up over 8 million barrels of June-loading crude oil grades from the Middle East and Russia and has resold some of the cargoes in Asia,…
Private Chinese Chemical Giant Gets Largest-Ever Oil Import Quota
Hengli Petrochemical, a unit of private Chinese chemical giant Hengli Group, has obtained state approval to import 400,000 bpd of crude oil—the largest quota ever handed to a private…
Is Alberta Suffering From The Oil Curse?
Alberta needs long-term fiscal planning to avoid the adverse effects of oil price swings on the contents of its coffers, outgoing auditor general Merwan Saher said in his final…
EPA Set To Unveil More Flexible Rules For Oil And Gas Industry
The U.S. Environmental Protection Agency (EPA) is expected to announce on Friday a new policy that could help avoid costly legal battles over companies violating pollution standards in the oil…
Russia And Iran Hit Back At The Petrodollar
Russia and Iran have launched an oil-for-goods exchange program seeking to eliminate bilateral payments in U.S. dollars and plan to keep it going for five years, RT reports citing…
TransCanada Offers Higher Payments To Keystone XL Landowners
TransCanada will offer landowners along the route of the Nebraska section of its Keystone XL pipeline “incentive payments” in a bid to secure their quick agreement to the right-of-way…
French Total Willing To Tough It Out in Venezuela
French Total is sticking it out in Venezuela despite a near-economic collapse in the Latin American company, Total’s Chief Executive Officer Patrick Pouyanne said at an oil summit in Paris…
Gazprom And Saudi Aramco Boost Gas Cooperation
Russia’s state-controlled gas giant Gazprom and Saudi Aramco have agreed to boost their cooperation in the gas sector, widening the possible areas of collaboration in the industry. The chairman…
Trudeau Gives The Trans Mountain Pipeline Hope
Canadian Prime Minister Justin Trudeau said that Kinder Morgan’s Trans Mountain pipeline will be built, according to Reuters. “I have asked the finance minister to engage in discussions, financial discussions,…
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…
