 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 23 hours | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 59 mins | 2.769 | +0.011 | +0.41% |
|
Bonny Light • 23 hours | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 23 hours | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 22 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 22 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 22 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 22 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 23 hours | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Four Big Mistakes in Deregulating the Electricity Industry
When policymakers both here and…
China Is Winning The Race for Affordable EVs
While U.S. and European automakers…
Tech Leaders Big Big On Green Energy Startups
Sam Altman and Andreessen Horowitz…
News
Libyan Navy Intercepts Oil Tanker On Smuggling Allegations
The Libyan navy detained 20 Filipino crew members near Tunisian waters after intercepting their oil tanker, according to official sources that spoke to The Libya Observer. Spokesman Atounb Qassam…
Venezuela’s Oil Minister To Discuss OPEC Deal With Saudis, Russians
Venezuela’s Oil Minister Eulogio del Pino, who was appointed again as minister last week, plans to visit Saudi Arabia and Russia ahead of the September 22 meeting of the joint…
Fuel Shortages Expected In Texas Amid Gasoline Price Spike
According to retail fuel supplier Mansfield Oil, short-term fuel supplies for Houston and San Antonio are significantly impacted by Tropical Storm Harvey. Bloomberg reports that San Antonio and Houston supplies…
UAE Pledges More Cuts To Meet OPEC Commitment
The Abu Dhabi National Oil Company (ADNOC), the state-held oil company of the United Arab Emirates (UAE), will cut by 10 percent its October crude term agreements for three grades,…
South Pars Gas Exports Jump 12%
Natural gas exports from the world’s biggest deposit, South Pars, rose by 12 percent over the past 12 months, according to Iran’s head of customs, as quoted by Reuters.…
White House Approves Fresh Sanctions On Venezuela
The White House approved new sanctions against President Nicolas Maduro’s regime on Friday, making it harder for Venezuela’s embattled government to secure funds as Caracas spirals towards a default.…
Indigenous Leaders Threaten Access To One Of Peru’s Largest Oilfields
Indigenous leaders in Peru will obstruct the government’s access to one of the country’s largest oilfields if an indigenous rights law does not take effect in the next 20 days,…
New Russia Sanctions Create Snag For Italian Bank
Due to the new U.S. sanctions on Russia, Italian bank Intesa Sanpaolo has hit a snag in its plans to syndicate a US$6.13 billion (5.2 billion euro) loan it had…
Iraq’s Plan To Change Oil Pricing For Asia Faces Resistance
Buyers do not support Iraq’s plan to change the way it prices its Basra crude for the Asian markets, because longer lead times between pricing and delivery would make it…
North Sea Floating Oil Stockpiles Almost Halve In Two Weeks
Crude oil stored on tankers idling in the North Sea has shrunk from 12 million barrels two weeks ago to just 6.6 million barrels, Paris-based energy data provider Kpler reports,…
Sanctions On North Korea Won’t Slow Chinese Oil Flow
While the latest round of U.S. sanctions on North Korea’s oil trade is likely to stop major companies from trading due to reputational risks, it is unlikely to stop China’s…
U.S. Coal Output Hits 2017 High
U.S. coal production is on the rise, hitting a high last week of 17.025 million tons, according to the Energy Information Administration. That’s 3.4 percent more than in the…
Maduro Shuffles PDVSA Management, Oil Minister
As investors wait to see if PDVSA will default on about US$3.5 billion in debt due this fall and push oil prices up, Nicolas Maduro has for the second…
Saudis Expects To Exceed Renewable Energy Targets
Riyadh plans to surpass its commitment to generate 9.5 gigawatts of energy from renewables in order to boost its commitment to green energy and climate-friendly initiatives, according to a…
Kurdistan Strikes Deal With Genel And DNO For Oil-Debt Repayment
Kurdistan struck two agreements with Norway’s DNO and British Genel Energy to structure oil exports and debt repayment, according to an announcement by the oil producers on Thursday. Debt repayment-related…
Brazil Pre-Salt Tenders Attract 10 Oil Companies’ Initial Interest
Two tender rounds for exploration rights in the pre-salt areas of Brazil have attracted the attention of ten oil companies, according to a government official who spoke to Reuters on Thursday.…
State Firm PetroChina Pays Entire H1 $1.9B Profit As Dividends
China’s biggest oil and gas producer, state-held PetroChina, said on Thursday that it would be paying its entire first-half net profit in interim dividends to shareholders, in a move…
Shell Plans To Double Gas Stations In Russia
Royal Dutch Shell plans to double the number of its retail gas stations in Russia from the current 227, Sergey Starodubtsev, the chief executive of Shell’s Russian unit, said…
Shell Launches Second Phase Of Major Nigerian Gas Project
Shell has begun pumping natural gas from the second phase of development at the Gbaran-Ubie Niger Delta project. The gas from the expanded project will go to both the…
Ruling Party Claims Victory Angola’s Elections
Oil-rich Angola’s incumbent ruling party is claiming victory in yesterday’s critical elections to replace President Jose Eduardo dos Santos after nearly four decades of rule. With five million votes…
