 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.775 | +0.016 | +0.59% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 5 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 5 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 5 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 5 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
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News
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A panel has rejected a project for the construction of an oil terminal at the port of Vancouver in the state of Washington on the grounds that the companies…
Alberta’s Economy Is Growing Faster Than Expected
Alberta’s economy is grower faster than projected due to strong growth in oil markets over the course of 2017, according to a new report by Bloomberg. The four-percent growth…
U.S. Shale Becomes More Flexible, Hedges 900,000 Barrels
U.S. oil producers have hedged almost 900,000 barrels of future crude at prices of US$50-60 a barrel, which will likely allow them to continue growing production whatever OPEC decides to…
Oil Prices Slip After API Reports Small Build In Crude Inventories
The American Petroleum Institute (API) reported a build of 1.821 million barrels of United States crude oil inventories for week ending November 24, against analyst forecasts for an inventory drawdown…
Exxon Inaugurates 150,000 BPD Offshore Field In Canada
Exxon Mobil inaugurated the Hebron field in Canada’s Newfoundland this week, just as OPEC gears up to announce extended cuts at its quarterly conference in Vienna at the end of…
Shell Could Be Investigated For Complicity In Human Rights Abuses
Royal Dutch Shell should be investigated for its alleged complicity in abuses of human rights in Nigeria’s military suppressing protests in the oil-rich Niger Delta in the 1990s, Amnesty International…
Enbridge, Michigan Reach Deal To Boost Pipeline Safety
Enbridge (TSX, NYSE:ENB), Canada’s largest pipeline company, has reached an agreement with the State of Michigan on its Line 5 pipelines, which run in a tunnel under the St. Clair River, between…
Norway’s $1 Trillion Wealth Fund: Oil Stocks Sale Will Take Years
The proposed sale of billions of dollars worth of oil and gas stocks held by Norway’s huge wealth fund will take years to be completed, if approved, chief executive…
Shell Signals End Of Austerity Returning To All-Cash Dividend
Royal Dutch Shell is canceling its scrip dividend program effective this quarter, in a sign that it has really left the worst consequences of the oil price crash behind…
Samsung’s Graphene-Based Battery Charges In 12 Minutes
Samsung is adding graphene to its lithium batteries to make them last longer and charge faster, according to emerging reports. The Samsung Advanced Institute of Technology (SAIT) created “graphene…
Keystone Pipeline Leaks More Severe Than Anticipated
The existing Keystone pipeline leaks more often and more oil than TransCanada Corp predicted in communications to regulators and lawmakers during approval hearings, according to a report by Reuters.…
Saudi Aramco Plans More Petrochemical Ventures After $20B Deal
Saudi Aramco will enter more petrochemical projects to boost its downstream business after it signed a preliminary $20-billion joint venture agreement for a crude oil-to-chemicals complex in Saudi Arabia, Aramco’s…
Iraq Offers Nine New Oil Blocks In Move To Boost Production
Iraq invited on Monday foreign firms to bid to develop nine new oil and gas blocks in border regions and offshore as OPEC’s second-largest producer wants to increase its…
New UK Plant Aims To Turn Biomass Into ‘Coal’
Scientists and industry in the United Kingdom are joining forces to build a commercial scale facility capable of transforming biomass into next-generation solid fuels with coal-like properties. This would be…
CNPC Shows Interest In Iraq’s Majnoon Oil Field
Chinese oil corporation CNPC has shown interest in developing the giant Majnoon oil field in Iraq, Reuters reported on Monday, citing two Iraqi oil officials, in what may become…
Giant Libra Oil Field Yields First Oil
The giant Libra field in Brazil’s presalt zone has started producing oil, French Total said today, without providing details about the production rate at the field. The floating production,…
OPEC, Russia Said To Announce Oil Pact Extension On Nov 30
Saudi Arabia and Russia have agreed that OPEC and non-OPEC allies should announce an extension of the cuts at the highly-anticipated meeting in Vienna on November 30, Bloomberg reported…
Wintershall And LetterOne In Talks For $12B Oil, Gas Merger
Germany’s chemicals company BASF said on Friday that it was in talks to potentially merge its oil and gas business, Wintershall Group, with the oil and gas operations of…
India Exempts State Oil Firms Mergers From Competition Approval
Clearing the way for its plans for mega-mergers among state-held oil and gas companies, India is now exempting such mergers and acquisitions deals from seeking mandatory approvals from the…
Turkey Targets $5B Investment In Wind Energy By End-2017
Turkey aims to have $5 billion in wind energy investments by the end of this year, with the awarding of additional wind capacity tenders, the president of the Turkish Wind…
