 |
Louisiana Light • 2 days | 89.15 | -0.01 | -0.01% | ||
|
Bonny Light • 1 day | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.696 | -0.033 | -1.22% |
|
Bonny Light • 1 day | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 1 day | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% |
|
Peace Sour • 6 hours | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 6 hours | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 6 hours | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 6 hours | 75.75 | -2.68 | -3.42% |
|
Eagle Ford • 2 days | 81.84 | -0.05 | -0.06% | ||
|
Oklahoma Sweet • 2 days | 81.75 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 6 days | 89.36 | +0.64 | +0.72% |
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News
Federal Judge Grants Go-Ahead On Keystone XL Lawsuit
A group of environmental organizations have claimed an important victory in their battle against the Keystone XL oil pipeline project. A federal judge has granted approval for their lawsuit against…
Maduro Names Chavez’ Cousin As Citgo Boss
Venezuela’s President Nicolas Maduro appointed the cousin of late Hugo Chavez, Asdrubal Chavez, as the new head of PDVSA’s U.S. refining and marketing business, Citgo. The announcement comes in…
Bidding Action Heats Up In UK’s Continental Shelf
This week, the British Oil & Gas Authority (OGA) reported that 68 companies had applied to operate one or more of 239 different blocks located off the United…
Keystone Pipeline Restart Still Unknown
The duration of the clean-up effort from the Keystone oil spill may span weeks, according to a report by Reuters, and South Dakota’s environmental regulator is unsure of how…
UK Offers North Sea Oil Producers Tax Relief To Boost Investment
The UK government will introduce tax changes from November 2018 to encourage new entrants and fresh investments into the mature fields of the UK Continental Shelf in the North Sea,…
Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
In a bid to reduce gas flaring and pay off outstanding reparations for the 1990 invasion of Kuwait, Iraq has hired Japanese firm Toyo Engineering to help it build a…
Trader Trafigura Raises Share Of Oil Purchases From State Firms
Commodity trader Trafigura raised the share of direct oil purchases from national oil companies in its total trade, while the value of its direct deals with state firms rose by…
German Energy Group Uniper Rejects $9B Finnish Takeover Bid
Germany’s energy group Uniper has rejected a $9-billion takeover offer from Finnish energy firm Fortum because the offer price doesn’t reflect the German company’s true value and is not…
Total Could Lose Big If It Pulls Out Of South Pars Deal
Iran says Total could lose all of its investment if it pulls out of a deal it made with Tehran regarding the development of the South Pars gas field. “If…
Dakota Watchdog Warns It Could Revoke Keystone XL Approval
South Dakota regulators said they might revoke their approval of the Keystone XL oil pipeline project in case they find TransCanada was in breach of its license. The possibility…
Oil Prices Rise After API Reports Major Crude Draw
The American Petroleum Institute (API) reported a draw of 6.356 million barrels of United States crude oil inventories, against a survey of S&P Global Platts analysts that predicted an inventory…
Citgo President And 5 VPs Arrested On Embezzlement Charges
Citgo President Jose Pereira and five of the company’s vice presidents have been detained in Venezuela on embezzlement charges, according to emerging reports. The U.S. subsidiary for PDVSA had…
Gazprom Speaks Out Against OPEC Production Cut Extension
While OPEC is said to be mostly leaning toward a 9-month extension of the production cuts, Russia’s Energy Minister Alexander Novak and major Russian oil companies discussed last week a…
Statoil Looks To Lighter Oil To Boost Profitability
Norway’s oil major Statoil is exploring for lighter oil offshore Norway and Brazil, and is not pursuing oil sands or heavy oil development, because it’s assessing the carbon and cost…
Oil Billionaire Becomes Wind Energy’s Top Influencer
Billionaire Philip Anschutz—who has built his fortune in oil, railroads, and entertainment—has been named the most influential individual in wind energy in the annual Top 100 Power People report…
Transneft Warns Urals Oil Quality Reaching Critical Levels
The sulfur content of Russia Urals oil exports to Europe will reach a critical level this year and continue to rise in 2018 as more low-sulfur crude is shipped to…
Whitefish Energy Suspends Work In Puerto Rico
Whitefish Energy has suspended all work on Puerto Rico’s electric grid, which it was hired to mend after the devastating hurricane season this year. The company said Puerto Rico’s…
U.S. Authorities Arrest Two On Major Energy Corruption Scheme
U.S. authorities have arrested two foreign officials on charges of participating in a large-scale corruption system seeking to secure favorable investment terms for Chinese energy company CEFC in Africa.…
Thanksgiving Gas Prices At 3-Year High
GasBuddy’s newest report pegs gas prices at their highest average since 2014, the year oil prices crashed from their highs of over $100 per barrel. Gasoline prices are up…
Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
Iraq’s giant Majnoon oilfield has attracted the attention of British Petroleum and Italian Eni, according to Iraqi officials who spoke to Reuters on Monday. Royal Dutch Shell is slated…
