 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 21 hours | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 19 mins | 2.732 | -0.002 | -0.09% |
|
Bonny Light • 21 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 21 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 20 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 20 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 20 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 20 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
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News
Florida Gets An Oil Drilling Pass
Florida will be exempt from the Trump administration’s new offshore drilling plans—a decision made after the state’s governor pleaded with Washington that it be excluded from future drilling leases because…
Oil Prices Rise After API Reports Staggering Crude Oil Draw
The American Petroleum Institute (API) reported a staggeringly large draw of 11.19 million barrels of United States crude oil inventories for the week ending January 5, marking six large draws…
Tesla Begins Mass Production Of Solar Shingles
Tesla began manufacturing its solar powered shingles for mass market release, according to CEO Elon Musk’s Tuesday email reported by Bloomberg. Musk introduced the concept to industry leaders and…
EIA Boosts World Oil Demand Forecast For 2018 By 100,000 Bpd
World oil demand in 2018 is set to grow by an additional 100,000 barrels per day, according to the latest revision to the figure by the U.S. Energy…
Businessman Seeks Sale Of $5.2B Stake In Kazakhstan Oil Field
Moldovan businessman Anatolie Stati will ask courts to sell US$5.2 billion worth of a stake in Kazakhstan’s biggest oil field, Kashagan, held by a Kazakh sovereign wealth fund if Kazakhstan…
Exxon Accuses California Of Climate Change Hypocrisy
Exxon has called out a deliberate discrepancy between statements made by several California municipalities and cities in lawsuits against it and more than a dozen other energy companies, and information…
Norway’s Recovering Oil Industry Resumes Hiring
Oil companies in Norway, as well as their suppliers, will hire more employees in the coming years as the country’s oil and gas sector recovers from the downturn in the…
$2.3 Million Seized Following Singapore Oil Heist
The Singapore police have arrested seventeen people and have seized millions of dollars in cash after a raid prompted by a complaint about a theft from Shell’s biggest refinery in…
China Nears 2016 Carbon Emissions Target
China’s climate change watchdog said 27 of the country’s 31 regions have met the carbon emission reduction targets Beijing set in 2016. The targets include an 18-percent reduction in…
Oil Companies Respond Slow To New U.S. Lease Plan
Analysts are saying that the oil and gas industry’s response to the Trump administration’s announcement last week—that almost all of the U.S. continental shelf may soon be open for drilling…
Maduro To Issue First 100 Million Petros Despite Skeptics
Venezuelan President Nicolas Maduro said that he ordered the first 100 million units of its new oil-backed Petro—Venezuela’s cryptocurrency creation. Each Petro unit will be backed by one barrel…
Iraq Bans Kurdish Firm From Operating Kirkuk Oil Fields
After Iraq’s federal forces recaptured the oil fields in Kirkuk in October, the Iraqi Parliament voted on Monday to ban Kurdish engineering company Kar Group from operating Kirkuk’s oil…
Goldman Sachs And Citi To Lead Saudi Aramco IPO
U.S. investment banking giants Goldman Sachs and Citi are lined up to lead the initial public offering (IPO) of part of Saudi Aramco, according to reports. The Saudi state-owned oil…
Iraq To Begin Oil Deliveries To Iran
Iraq's oil minister says the country will start exporting oil to Iran from its northern Kirkuk oil fields by the end of January. Oil Minister Jabar al-Luaibi said on January…
Kuwait Energy In Talks To Merge With London-Listed Firm
After failing to complete an initial public offering in London last year, independent oil and gas company Kuwait Energy may find a way to get access to the London…
Vietnam Oil Executives Could Face Death Penalty In Corruption Case
Vietnam’s government has put on trial 22 executives from state-owned energy company PetroVietnam for losses incurred by the company. Some of the offenses the executives are charged with are punishable…
Libyan Oil Company Calls For Reopening Of Ras Lanuf Refinery
Libya’s National Oil Corporation has called for the reopening of the Ras Lanuf crude oil refinery after it won two arbitration cases against the owner and operator of the…
Libya Triples Oil Revenues In 2017 As Production Recovers
Libya’s oil revenues nearly tripled in 2017 to US$14 billion as the country managed last year to gradually recover its oil production, reaching 1 million bpd for the first…
Exxon Treats Guyana To 6th Offshore Discovery Since 2015
Guyana’s nascent oil and gas industry just gained a new discovery: ExxonMobil’s drilling team found 230 feet of high-quality, oil-bearing reservoir just outside the Liza phase one project, according to…
Canadian Crude Oil Exports Decline On Keystone Pipeline Leaks
Canadian crude oil exports fell 2.4 percent in November as the United States dropped imports from its northern neighbor to 3.26 million barrels per day, according to a new
