 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 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 • 12 mins | 2.746 | +0.011 | +0.42% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 2 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 2 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 2 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 2 hours | 76.41 | -0.55 | -0.71% |
|
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% |
Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June
Despite some crude inventory builds…
How Iraq Continues To Trick Washington
The U.S. government has multiple…
Mysterious Iranian 'Spy' Ship Returns Home As Israel-Iran Conflict Worsens
A suspected Iranian spy ship…
News
U.S. Braces For Second Major Hurricane In Two Weeks
Hurricane Irma has reached category 5-level winds, according to the latest reports from the Atlantic Ocean. If it hits land near Texas, it could destroy an oil and gas…
Norway Plans Tax Breaks For Oil Companies In Arctic
New tax breaks will put Norwegians on the hook for oil production taxes levied by the United Nations for drilling deeper in the Arctic, according to Reuters. The report…
Qatar’s Latest Move Against The GCC Blockade
Three months after the announcement of a Gulf blockade against Qatar, the country is accelerating trade growth via a special port located on its shores, according to reports emerging…
Goldman: Post-Harvey Reconstruction To Boost U.S. Oil Demand
As devastating as Hurricane Harvey was to Texas, reconstruction is now expected to be ultimately positive for U.S. oil demand in a few months as fuel consumption is expected to…
Brazil To Limit Private Stakes To 5% In Eletrobras Privatization
Brazil will allow private investors willing to buy into its state-held utility giant Eletrobras to obtain a maximum of 5 percent each, regardless of whether they are domestic or foreign…
UK Aims To Lead Global Oil Decommissioning Industry
The UK, whose offshore waters hold some of the most mature oil and gas fields, has the chance to become a pioneer in oil decommissioning, and should develop the expertise…
Local Industry Welcomes Indonesia’s Revised Oil Sharing Deals
Struggling to attract international investors to revive its declining oil production, Indonesia has tweaked anew the production sharing contracts it introduced at the beginning of this year—a move that is…
Oil Output From UK North Sea Startups Highest In 10 Years
A total of 14 startups with a combined production of 230,000 bpd are expected to come on stream in the UK section of the North Sea this year, the highest…
Russia Expands Control Over Oil Pipeline Monopoly
A Transneft share swap could give the Russian sovereign wealth fund more control over the oil pipeline monopoly, according to a new report by Reuters. The Russian government already…
Foreign Workers Evacuated At Libya’s Sharara Oil Field
Reuters reports that foreign workers at Libya’s largest oil field have been evacuated after news emerged on Monday of unspecified activities near the site. An engineer at the field…
Insolvencies Jump In Canada’s Oil Country
Canada’s oil-producing regions saw the highest increase in insolvencies over the 12 months to June 2017, according to the latest insolvency report by the federal government. Total insolvencies in…
Natural Gas Output In Kurdistan Set To Jump
Natural gas output in Iraqi Kurdistan is set to jump as the regional government settles a court case with a consortium of companies active in the area, according to
How To Incentivize Purchasing Of Eco-Homes
Two seemingly perennial challenges concerning the UK are; the urgent need (and legal obligation) to reduce the country’s carbon emissions by 80 per cent by 2050; and the supply and…
Indian ONGC To Bid For Israel’s Offshore Oil & Gas Blocks
In what could be a first major official energy deal between the two countries, India’s state-owed ONGC plans to bid for exploration rights of oil and gas blocks offshore Israel,…
Brent Prices Fall After North Korean Nuclear Test
Brent prices were down on Monday morning after investors shied away from crude oil markets and instead turned to safer-haven gold futures after North Korea conducted its sixth and most…
Rosneft, Chinese CEFC Ink Strategic Deal
Russia’s largest state oil major, Rosneft, along with CEFC China Energy Company, sealed a strategic cooperation deal for the joint development of oil and gas projects in Siberia at this…
U.S. Taps 4.5 Million Barrels Of Oil From Strategic Reserve After Harvey
Approximately 4.5 million barrels of oil have been released from the Strategic Petroleum Reserve (SPR) in response to Hurricane Harvey’s effect on national gasoline availability. Three million barrels of the…
Cash-Strapped Venezuela Offers $5 Million To Harvey Victims
Venezuela is offering five million dollars’ worth of Hurricane Harvey relief to the United States just days after the White House approved a new round of sanctions against Caracas, according…
China Readies Yuan-Priced Crude Oil Benchmark Backed By Gold
The world’s top oil importer, China, is preparing to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, potentially creating the most important Asian oil…
Chinese Teapots Team Up In Refining Conglomerate
The Shandong province in China has approved a request by the largest independent oil refiners—typically known as teapots and most located in the province—to set up a refining conglomerate to…
