 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 2 days | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.732 | -0.002 | -0.08% |
|
Bonny Light • 2 days | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 2 days | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 12 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 12 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 12 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 12 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 3 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 4 days | 87.02 | -0.29 | -0.33% |
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News
Chinese Oil Ships Found Violating UN Sanctions On North Korea
At least six Chinese cargo ships violated United Nations sanctions by delivering oil to North Korea in December, according to a new Wall Street Journal report. U.S. intelligence photographs…
Oil Slick From Iranian Tanker Explosion Is Now The Size Of Paris
The Iranian tanker that sank in the East China Sea has caused an oil spill that is now the size of Paris, according to emerging reports. The slick has…
Nigeria Approves Petroleum Industry Bill After 17 Long Years
A 17-year-old effort by the Nigerian government to stimulate growth and transparency in the petroleum industry is taking a step forward in the country’s legislature, according to a new
Venezuelan Output Drops To 28-Year Low In 2017
Venezuelan oil output dropped 13 percent in 2017, falling to a 28-year low, official figures released by the Organization of Petroleum Exporting Countries (OPEC) said on Thursday. The Latin…
OPEC Revises Up Non-OPEC Production Estimates For 2018
U.S. shale suppliers are forcing OPEC to revise upward its estimates for supplies originating outside the bloc’s member nations, according to the latest data released by the bloc. Non-OPEC…
Iraq Ready To Sign Deal With BP For Kirkuk Fields
Iraq will today sign an agreement with BP for the development of oil fields around Kirkuk, according to an unnamed Iraqi official who spoke to Reuters. The government first approached…
Kinder Morgan Delays Trans Mountain Launch Again
Kinder Morgan said it would have to delay the start of the expansion of its Trans Mountain pipeline by another three months, to December 2020, its chief executive Steve Kean…
Shell Inks Another Solar Deal
Just a couple of days after it acquired a hefty stake in a U.S. solar company, Shell has made another solar move, closing a power supply deal with…
API Reports Seventh Large Crude Draw In Seven Weeks
The American Petroleum Institute (API) reported a large draw of 5.121 million barrels of United States crude oil inventories for the week ending January 12, marking seven large draws in…
Maduro’s Advisors Recommend Selling Petro At Steep 60% Discount
Official advisors to Caracas recommend that the Petro—a new oil-backed cryptocurrency set up by the Venezuelan government to circumvent U.S. sanctions—be sold at a discount of up to 60 percent,…
EIA: Shale Oil Output To Rise By 1.8 Million Bpd Through Q1 2019
American crude oil output is set to rise by 1.8 million barrels per day from the nation’s largest shale producing areas over the next year, according to new forecasts…
IEA: Don’t Expect Much Oil From Arctic National Wildlife Refuge Before 2030
Despite the fact that part of the Arctic National Wildlife Refuge (ANWR) has been declared open to drilling, low oil prices and abundance of onshore shale deposits makes the Arctic…
Minister Says Norway Must Prepare For Arctic Oil Race With Russia
Norway should map the northernmost areas of its part of the Barents Sea close to the Russian maritime border in order to protect its economic interests in the Arctic, Norway’s…
Eight Years Late—UK Hinkley Point C To Be In Service By 2025
EDF Energy—the developer of the first new nuclear power plant in the UK in a generation, Hinkley Point C, is confident that it can put the first unit into…
Sunk Iranian Oil Tanker Leave Behind Two Slicks
Sanchi, the Iranian tanker carrying condensate to South Korea that crashed into a Chinese freight ship on January 6 and sank earlier this week, has produced two oil slicks, Chinese…
Saudi Arabia Shuns UBS, BofA As Aramco IPO Coordinators
Saudi Arabia has excluded Swiss UBS, Bank of America Merrill Lynch, and Barclays from the select group of investment banks invited to pitch for the role of coordinators in the…
WCS-WTI Spread Narrows As Exports-By-Rail Pick Up
Volume constraints on the Keystone pipeline system levied by U.S. regulators have widened the spread between Western Canadian Select crude prices and benchmark American crude prices, but the…
Norway Grants Record 75 New Offshore Exploration Leases
Norway awarded a record seventy-five new offshore oil exploration leases to companies in its latest bidding round, according to a new report by Reuters. “The number of licenses is…
China’s Growing Appetite For Renewables
The Chinese appetite for clean energy has boosted international investments in solar energy, according to a new report by Bloomberg. Renewables and clean energy innovators won $333.5 billion in…
Chevron To Resume Drilling In Kurdistan
Chevron expects to restart drilling in the semi-autonomous Kurdistan Region in Iraq and is taking steps to remobilize staff and equipment, The Wall Street Journal quoted a Chevron spokeswoman…
