 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 20 hours | 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 • 30 mins | 2.732 | -0.003 | -0.10% |
|
Bonny Light • 20 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 20 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 19 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 19 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 19 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 19 hours | 76.96 | +1.46 | +1.93% |
|
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% |
Big Oil May Not Support All Trump 2.0 Policies
Trump's two primary campaign promises,…
Texas Deepwater Oil Export Projects Stall
Four projects were planned offshore…
LME's Russian Metal Ban Reshapes Global Trade Dynamics
The London Metal Exchange's ban…
News
Taiwan’s Power Grid On Red Alert As Heatwave Drives Peak Demand
Temperatures rose to a record-high for the year in Taiwan on Monday, driving electricity consumption to a peak and leaving the reserve capacity of Taiwan’s power grid to a level…
Statoil’s 2017 Barents Sea Exploration Proves Disappointing
Norway’s Statoil said on Monday that it had made a small non-commercial gas-only discovery in the third well in the Barents Sea it had drilled so far this year,…
Repsol, Statoil Pull Foreign Oil Workers From Venezuela
One day after Venezuela allegedly squashed a "military rebellion", in anticipation of further political and social turmoil in the socialist nation, energy giant Repsol SA pulled all foreign workers…
UAE’s Oil Firm ADNOC To Split Offshore Concession
The Abu Dhabi National Oil Company (ADNOC), the state-held oil company of the United Arab Emirates (UAE), said on Monday that it would split its existing offshore oil concession into…
Uganda Picks GE, Saipem To Build First Oil Refinery
Uganda has picked a consortium including GE and Italian Saipem to build and operate the African country’s first oil refinery. The 60,000-bpd facility will process crude from fields operated…
Libya’s Largest Oil Field Restarts After Armed Protesters Stormed Control Room
Libya’s largest oil field, Sharara, is resuming normal operations after a brief shutdown caused by a militant attack on the control room in the port city of Zawiya, where crude…
Russian Crimea Project Faces New EU Sanctions
Deputy Russian Energy Minister Andrew Cherezov and three new Russian companies now face new sanctions from the European Union due to their involvement in the delivery of gas turbines…
Nigerian Company Lines Up To Continue Refining Revitalization
Nigerian company Forte Oil announced on Friday that it was in talks with one of the country’s major refineries to enhance the African nation’s low post-production processing capabilities, according…
Another Big Indian Refiner Keen To Buy U.S. Crude
India’s Hindustan Petroleum Corporation Limited (HPCL), plans to buy U.S. crude oil in coming months for its 166,000-bpd refinery in southern India, according to company executives, which would add yet…
Rising U.S. Shale Prompts Banks To Cut Oil Price Forecasts, Again
Some investment banks doubt that the recent stockpile drops will continue after the summer season ends, as growing U.S. output could reverse the inventory trend later this year, according to…
Saudi Aramco In Talks To Buy $2B Stake In PetroChina Refinery
Saudi Aramco is negotiating a deal to buy a stake of more than 30 percent in a 260,000-bpd refinery in China owned by state firm PetroChina, in a transaction valued…
Rosneft’s H1 Profit Falls 12.5%
Rosneft reported a net profit attributable to shareholders of US$1.4 billion for the first half of 2017, down by 12.5 percent from the result for January-June 2016 because of…
China-Myanmar Warming Continues With Energy Export Talks
China may soon start selling electricity to neighbor Myanmar in the latest sign that bilateral relations are thawing. China/Myanmar relations have been tense since 2011, when the Myanmar government…
Hyperloop Travel Reaches Milestone In Nevada Desert Trial Test
Pod-based hyper-speed travel reached a new milestone this week after the completion of the first full-scale test of Elon Musk’s envisioned Hyperloop in the desert of Nevada. The 500-meter…
KRG Refuses Plan To Ship Kirkuk Oil To Iran
The Kurdistan Regional Government (KRG) is refusing to ship oil to Iran because Baghdad refused to consult the semiautonomous regime regarding the export program, according to a new report by…
Europe’s Big Oil To Tackle Huge Debt Problem
Europe’s three biggest integrated oil and gas companies—Shell, Total, and BP—have recently reported second-quarter and first-half figures that suggest they had passed the bottom of the cycle in terms of…
NNPC Announces New Deals With Four Oil Majors
The Nigerian National Petroleum Corporation has inked new investment deals with four oil companies including Chevron, Shell, Total, and Eni for the development of untapped fields both onshore and…
U.S. Set To Deliver Coal To Ukraine For The First Time
The United States is set to begin delivering coal to Ukraine for the first time in a deal Washington framed as a move toward reducing Kyiv's reliance on Russian energy.…
Rio Tinto’s First-Half Profit Soars 93%, Investors Getting $3B Back
Rio Tinto, the world’s second largest miner, gave its shareholders an early Christmas present Wednesday as it declared its biggest interim dividend in the company’s 144-year history, thanks to climbing commodity…
Iran To Boost Oil Exports To China Further In August
Iran’s crude oil exports to China could hit an 11-month high this month, according to sources who spoke to Reuters. But overall, Iran’s total oil and condensate exports for…
