 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 11 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 19 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 19 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 19 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 19 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
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News
DOJ: Protestors Interfering With Pipeline Construction Will Be Prosecuted
The U.S. Justice Department will begin prosecuting climate activists and protestors that perpetrate violence and destruction towards pipelines or other oil infrastructure to make their political points, Reuters said…
Lower Oil Prices Benefit European Refiners
European refiners have seen their energy costs drop alongside the fall in oil prices, which has boosted their competitive position compared to North and South America, but Europe is still…
World’s Biggest Private Equity Firm Raises $1 Billion To Invest In Oil
On the back of renewed confidence in higher oil prices, the world’s biggest private equity firm, The Carlyle Group, is looking to raise US$1 billion to create a new fund…
Oil Prices Tank After API Reports Strong Build In Crude Inventories
The American Petroleum Institute (API) reported a shocking build of 6.513 million barrels of United States crude oil inventories, against a Wall Street Journal analyst expectation that inventories would draw…
Iraq Oil Revenue Not Enough For Sustainable Development
Oil revenues still are not high enough to allow the Iraqi government to fund the reconstruction of the country, according to Iraqi Prime Minister Haider Al-Abadi. “Oil prices are…
Sudan In Talks With Foreign Oil Firms To Boost Crude Production
Sudan has discussed the development of its oil industry following the removal of many U.S. sanctions on the country—including on oil and petrochemical industries—with Russia’s Lukoil and with other…
Shell: Four Oil Platforms Shut In Gulf Of Mexico After Fire
Four oil platforms in the Gulf of Mexico have been shut after a fire broke out at Shell-operated Enchilada oil platform last week, Shell said on Tuesday. “Production is…
OPEC To Recruit New Members To Fight Market Imbalance
Some non-OPEC members allied with OPEC in the oil production cuts could become official members of the cartel in the future, the UAE’s Energy Minister Suhail Al Mazrouei said on Tuesday.…
Green Groups Want Norway’s Arctic Oil Drilling Licenses Canceled
Environmentalist organizations took the Norwegian government to court over the awarding of oil drilling licenses in the Arctic, and argued on the first day of hearings on Tuesday that…
Venezuelan Oil Output Drops To Lowest In 28 Years
Venezuela’s oil output dropped to its lowest in 28 years last month, according to new data released by OPEC on Monday. The oil-dependent economy produced only 1.863 million barrels…
Shale Production Rises By 80,000 BPD In Latest EIA Forecasts
Shale production at American oil production sites will increase by 80,000 barrels per day next month, according to estimates from the Energy Information Administration. So far, every month in…
GE Considers Selling Baker Hughes Assets
General Electric is going through some serious changes in its core business structure, according to some news from CEO John Flannery, and is looking at selling off its Baker…
Eni To Address Barents Sea Regulatory Breaches By Dec 11
Norway’s Petroleum Safety Authority ordered on Monday Eni Norge—the operator of the 100,000-bpd Goliat oil field in the Barents Sea—to present a plan by December 11 on how it…
Saudi Aramco To Invest $300 Billion In Upstream Projects
Saudi Aramco plans to invest some US$300 billion in upstream oil and gas projects over the next ten years, Aramco’s chief executive Amin Nasser said at the ADIPEC energy…
Aramco To List Shares In Hong Kong ‘For Sure’
Saudi Aramco is still studying the international venue for its IPO, but the chief of the Hong Kong stock market is certain that the Saudi oil giant will be attracted…
BP CEO Sees Venezuela As Oil’s Wildcard
Venezuela—not the Middle East—is the wild card when it comes to the near future of the oil industry, BP’s chief executive Bob Dudley told CNBC on the sidelines of…
Iran Denies Involvement In Bahrain Oil Pipeline Blast
Tehran has denied that it had anything to do with the blow-up of Bahrain’s biggest oil pipeline that carries crude from Saudi Arabia. In a statement carried by media,…
The Oil Rig Drilling 10 Miles Under The Sea
Final sea trials for the Blue Whale II underwater drilling rig are now underway, according to the technology’s producer, CIMC Raffles, marking a new milestone drilling rig developments. The…
Baghdad Agrees To Ship Kirkuk Oil To Iran
Tehran and Baghdad have reached an agreement on a plan to export oil from Kirkuk in northern Iraq to Iran, according to a new announcement by Iraqi Oil Minister…
Another Group Joins Niger Delta Avengers’ Ceasefire Boycott
Another militant group in the Niger Delta has vowed to break its truce against the Abuja government and restart attacks on oil and gas infrastructure in the area, according to…
