 |
Louisiana Light • 4 days | 83.45 | -0.94 | -1.11% | ||
|
Bonny Light • 4 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 4 days | 83.79 | -0.44 | -0.52% | ||
|
Mars US • 185 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.578 | -0.011 | -0.41% |
|
Bonny Light • 4 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 4 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 4 days | 83.79 | -0.44 | -0.52% |
|
Peace Sour • 1 hour | 71.68 | +0.37 | +0.52% | ||
|
Light Sour Blend • 1 hour | 74.73 | +0.37 | +0.50% | ||
|
Syncrude Sweet Premium • 1 hour | 81.68 | +0.37 | +0.46% | ||
|
Central Alberta • 1 hour | 72.08 | +0.37 | +0.52% |
|
Eagle Ford • 4 days | 74.59 | -0.84 | -1.11% | ||
|
Oklahoma Sweet • 4 days | 74.50 | -1.00 | -1.32% | ||
|
Kansas Common • 7 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 8 days | 87.60 | -1.22 | -1.37% |
Fresh EU Sanctions on Russian Gas Could Trigger a Price Rally
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News
Saudis To Keep April Oil Exports Below 7 Million Bpd
Saudi Arabia will keep its crude exports below 7 million bpd in April as it stays committed to draw down excess global inventories and boost oil prices, according to…
OPEC Admits Rival Oil Supply Will Outpace Global Demand Growth
As it had done in several consecutive monthly reports, OPEC lifted again on Wednesday its estimates for non-OPEC oil supply growth this year, but this time the cartel’s estimates that…
Gazprom To Cut Overseas Jobs, Move Traders Back To Russia
Russian gas giant Gazprom plans to cut hundreds of jobs at its trading and export divisions abroad and move trader jobs to St. Petersburg, Reuters reported on Wednesday, citing…
Australian Senate Grills Exxon On Tax Avoidance
An Australian Senate commission looking into tax avoidance practices among large international companies operating in the country questioned Exxon about not paying any taxes since 2013, despite turning in a…
Oil Prices Steady After API Reports Smaller Than Expected Build
The American Petroleum Institute (API) reported a moderate build of 1.156 million barrels of United States crude oil inventories for the week ending March 9, according to the API data.…
Baltimore City Council Wants To Ban New Crude Oil Terminals
The Baltimore City Council approved on Monday a bill to ban new or expanded crude oil terminals throughout Baltimore City, and if the mayor signs the bill into law,…
Nigeria Finally Moves To Cut Sulfur In Fuels, A Year After Deadline
West Africa’s biggest fuel consumer Nigeria will start reducing the sulfur levels allowed in fuel imports in July 2018, a year after a July 2017 deadline it had initially…
Kazakhstan Offers Shell Up To 20% In State Oil Firm
Kazakhstan’s sovereign wealth fund has offered to Shell up to a 20 percent stake in KazMunayGas (KMG) in a bid raise the value of the state oil company ahead of…
India’s Oil Imports From Venezuela Plunge To Lowest Since 2012
As crisis-stricken Venezuela is struggling with a steep decline in its oil production, India’s average oil imports from the Latin American OPEC member have slumped over the last few months…
Aramco May List At Home Only
Saudi Arabia’s energy giant Aramco may resort to only a local listing, unnamed sources close to developments around the company told Reuters. The information comes on the heels of…
UAE, Qatar Warily Extend Joint Oilfield Concession
The United Arab Emirates and Qatar have extended a concession for an offshore oilfield that the two share—but warily, since the UAE is part of a regional blockade against Qatar,…
EIA: U.S. Shale Oil Output To Jump 131,000 Bpd In April
Shale output at seven major U.S. oil and gas plays will climb by 131,000 barrels per day next month to hit a 6.954 million bpd according to a new report…
Libya’s Zawiya Terminal Struck By Labor Protests
A labor strike at the Zawiya oil port in Libya delayed operations on Monday, but oil trading sources that spoke to Reuters said negotiations to end the disruptions are ongoing.…
Is The Norwegian Oil Patch About To See New Strikes?
An ambiguous threat of widespread strikes in the oilfield services sector has caused Aker Solutions and Kvaerner to seek out labor leaders to potentially quell the demands of disgruntled workers,…
Musk’s Hyperloop Now Prioritizes Pedestrians Over Cars
In a shift of The Boring Company’s original concept of helping private car owners’ transportation, Elon Musk is now refocusing Hyperloop’s mission to prioritize pedestrians and cyclists over cars, suggesting…
British Government Sources: Aramco Listing Delayed Until 2019
After months of tireless assurances by Riyadh officials that the Aramco listing is going according to plan and will take place as scheduled in the second half of this year,…
Iraq To Cut Oil Product Imports By 25% As It Revamps Refineries
Iraq aims to reduce its oil product imports by 25 percent as it is seeking to refurbish and restart oil refineries after it expelled ISIS from its territory, Iraq’s Oil…
Trans Mountain Pipeline Faces Another Round Of Protests
The Canadian town of Burnaby will be the site of the latest round of protests against an upgrade of the Trans Mountain pipeline, according to a new report by
Nebraska Rules TransCanada Off The Hook In Eminent Domain Case
The Nebraska state Supreme Court ruled last Friday that the developer of the controversial Keystone XL pipeline is not bound to reimburse attorneys who defended landowners who had sued…
Permian Investments Represent $2 Of Every $10 In Global OFS Spend
Investments in the Permian Basin represent $2 of every $10 spent on oilfield services and equipment worldwide, according to analysis by an Oklahoma-based consulting firm. Spears & Associates said…
