 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.701 | -0.013 | -0.48% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 8 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 8 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 8 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 8 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Small Banks Significantly Boost Loans to Oil And Gas Firms
Regional banks BOK Financial, Citizens…
Gold Surges Past S&P 500 in Five-Year Growth
Gold has outperformed the S&P…
China Tightens Hold on Iraq's Oil with Al-Faw Refinery Nearing Completion
China is finishing the Al-Faw…
News
Latin America Looks Toward Oil Cargo Sitting Offshore Venezuela
Latin American countries that import U.S. fuel cargoes, mostly from the Gulf Coast, are scrambling to find alternatives to U.S. shipments after Hurricane Harvey battered Texas and Louisiana, leading to…
Rover Gas Pipeline Gets Phase 1A Approval
The Federal Energy Regulatory Commission has given the go-ahead to the Rover natural gas pipeline project’s Phase 1A, which will transport gas from Cadiz to the Midwest Hub,…
U.S. Coal Output Up 9.6% Year On Year
U.S. coal output last week stood at 16.7 million short tons, according to estimates from the Energy Information Administration. This compares to 17.025 million tons in the prior…
Trump To Block Russian Ownership Of Venezuelan Subsidiary In US
Trump’s White House will block attempts by the Kremlin to acquire large portions of Venezuela’s Citgo, a U.S. subsidiary of the state-owned PDVSA. Rosneft agreed to acquire half of…
OPEC Compliance Hits 89 Percent In August
Output from the Organization of Petroleum Exporting Countries (OPEC) fell by 170,000 barrels per day this month, down from a year-long high in July, according to feedback from a new
Libya Thwarts Suspected Oil Smugglers For Second Time This Week
A medium-sized oil tanker that was smuggling crude oil in the Mediterranean Sea was apprehended by the Libyan coastguard on Thursday, according to a new report by The New…
Russia To Fund Arctic Oil, Economy Development With $2.75B
Russia will be financing the development of the Artic continental shelf and the economy of the local areas with more than US$2.75 billion (160 billion rubles) by 2025, Russia’s Prime…
Activists Protest Kinder Morgan’s Westridge Crude Oil Terminal
On a sparsely populated island off the coast of the northwestern United States, more than a hundred environmental activists gathered last weekend to practice seaborne drills to disrupt construction on…
Aramco Is Using Advanced Tech To Search For New Oil Reserves
Saudi Aramco is deploying advanced seismic testing technology to explore again areas of the desert known as the Empty Quarter, a move that could help it to raise its…
Angola Needs Oil At $60
Angola, Africa’s second-largest crude oil exporter, is finding it hard to make ends meet with oil prices at their current levels, according to Petroleum Minister Jose Maria Botelho de Vasconcelos.…
Russia’s Gazprom Neft & LukOil Team Up To Develop Iranian Oil Fields
Russian oil companies Gazprom Neft and Lukoil have filed plans to develop oil fields in Iran, the National Iranian Oil Company (NIOC) said in two separate statements this week. Lukoil,…
Pemex Needs Partner For $10.7B Offshore Oil Project
Big Oil and independents will have to reach deep into their pockets if they want to win the farm-out rights to Mexico’s Nobilis-Maximino offshore field, as the cost of the…
Democratic Senator Urges Trump To Sell Oil In Strategic Reserves
Federal officials should release fuel from the Strategic Petroleum Reserve to prevent gas prices from rising in the wake of Hurricane Harvey, Democratic Senator Edward Markey from Massachusetts told President…
U.S. Gasoline Futures Hit 25-Month High
Gasoline futures spiked on Wednesday as refiners and other members of the field-to-pump supply chain began to report damages caused by Hurricane Harvey, according to a report by Reuters.…
Tokyo Seeks Tough U.N. Response To North Korean Missile Launch
A day after North Korea fired a ballistic missile over Japan, Tokyo is pushing the United States to encourage the United Nations to levy new sanctions against Pyongyang, including choking…
Lukoil To Sell Oil Its Trading Arm Due To Russia Sanctions
Russia’s second-biggest oil producer Lukoil is studying the possible sale of its oil trading arm, Switzerland-based Litasco, fearing that the new U.S. sanctions on Russia will make it more difficult…
Russia, Qatar Vow To Boost Energy, Trade Ties
Russia and Qatar are reiterating their mutual interest to continue coordination in energy, in oil production, and in the gas-exporting countries forum, as well as to boost trade and economic…
Total Boosts North Sea Oil Output With New Startup
Total SA will be adding production capacity of up to 56,000 barrels of oil equivalent a day (boed) to its North Sea production after it started up production from the…
Oil Shipments From Louisiana Jump Ahead Of Harvey
Traders are scrambling to ship as much oil and oil products from the Louisiana coast before Hurricane Harvey hits it and disrupts loadings, Reuters reports. Oil import and export…
API Reports Significant Crude Oil Draw, Small Gasoline Build
The American Petroleum Institute (API) reported a major draw of 5.78 million barrels in United States crude oil inventories, compared to analyst expectations of a draw of 1.75 million barrels…
