 |
Louisiana Light • 2 days | 72.39 | +1.98 | +2.81% | ||
|
Bonny Light • 2 days | 74.02 | +1.66 | +2.29% | ||
|
Opec Basket • 2 days | 72.79 | -0.28 | -0.38% | ||
|
Mars US • 23 hours | 69.50 | +2.01 | +2.98% | ||
|
Gasoline • 11 mins | 2.506 | +0.069 | +2.85% |
|
Bonny Light • 2 days | 74.02 | +1.66 | +2.29% | ||
|
Girassol • 2 days | 75.63 | +1.53 | +2.06% | ||
|
Opec Basket • 2 days | 72.79 | -0.28 | -0.38% |
|
Peace Sour • 14 hours | 64.35 | +2.01 | +3.22% | ||
|
Light Sour Blend • 14 hours | 65.65 | +2.01 | +3.16% | ||
|
Syncrude Sweet Premium • 14 hours | 74.60 | +2.01 | +2.77% | ||
|
Central Alberta • 14 hours | 63.95 | +2.01 | +3.25% |
|
Eagle Ford • 2 days | 66.58 | +2.01 | +3.11% | ||
|
Oklahoma Sweet • 2 days | 66.50 | +2.50 | +3.91% | ||
|
Kansas Common • 3 days | 58.25 | -1.50 | -2.51% | ||
|
Buena Vista • 11 days | 76.15 | -1.09 | -1.41% |
Breaking News:
Three New China-Russia-Iran and Iraq Agreements Confirm The New Oil Market Order
Three most recent principal cooperation…
Natural Gas Prices Plunge Further Amid Rise In U.S. Stockpiles
U.S. natural gas stockpiles gained…
India's Imports Of Russian Oil Hit A Record High
India imported record levels of…
News
WTO Chief: Nigeria Can’t Rely On Oil & Gas Revenues
African OPEC producer Nigeria will have to prepare to diversify its budget revenues as oil and gas will not be its main source of revenues for much longer, according to…
Record Chinese Oil Demand Prompts IEA To Lift Global Growth Forecast
The world’s oil demand is set to rise by 2.2 million barrels per day (bpd) this year to a record 102 million bpd, the International Energy Agency (IEA) said on…
Big Oil Could Face $12 Billion Bill To Clean Up Nigerian Spills
The clean-up of oil spills in Nigeria’s oil-producing Niger Delta could cost around $12 billion, and oil majors including Shell and Eni should be held responsible for most of the…
Australian Gas Giant Wants To Import Carbon Dioxide From Asia
Santos, an Australian energy major with a focus on gas, wants to import carbon dioxide from Asia and store it in local reservoirs. The idea may have sounded somewhat eccentric…
Venezuela Plans To Dramatically Boost Oil And Gas Production This Year
Venezuela’s state oil company PDVSA has got new management that plans to boost production of crude to 1.17 million barrels daily by the end of the year, Reuters has
U.S. Looks To Add 3 Million Barrels To SPR After Draining 2.9 Million In 1 Week
With oil stubbornly the only asset class that is pricing in if not a depression then certainly a deep recession - even as every other asset is already pricing in…
UK Emerges From Energy Crisis, But Natural Gas Remains Expensive
Energy bills will finally fall this summer after nearly 18 months of sustained hikes, softening a painful cost of living squeeze for millions of Brits. This year’s drop in wholesale…
Iran Seizes Third Oil Tanker As U.S. Boosts Military Presence
Iran has seized yet another oil tanker bringing the tally to three tankers seized in the space of just 19 days as tensions in the Persian Gulf heat up.…
European Commission President Says Fossil Fuel-Centric Growth Is Dead
Economic growth cannot be carried by a fossil fuel energy mix, according to European Commission President Ursula von der Leyen. “A growth model centered on fossil fuels is simply obsolete,”…
U.S. Gasoline Prices Are Set For A Significant Decline
Gasoline prices in the U.S. ticked higher today, according to the AAA, though overall, national averages are down by around $1 from this time last year, according to…
EU Lawmakers Seek Revenue Cap On Power Firms If Energy Prices Soar
The European Parliament is proposing a cap on the revenues of electricity generators in case energy prices surge again, according to a draft proposal of the Parliament's lead negotiator on…
Venezuela Plans To Issue LNG Export Licenses To European Majors
Venezuela is planning to issue in June export licenses to European majors Eni and Repsol to ship liquefied natural gas (LNG) from the country, Venezuela’s Oil Minister Pedro Tellechea has…
Nationalized German Energy Firms Paid Big Bonuses To Their Traders
Uniper and Sefe, two energy firms Germany nationalized last year, paid some of their traders big bonuses for 2022, sources with knowledge of the matter told Reuters on Monday.…
ONEOK And Magellan Merger To Create $60-Billion Pipeline Giant
ONEOK will buy Magellan Midstream Partners in a cash-and-stock deal valued at $18.8 billion, creating a combined U.S. oil and gas pipeline giant with a total enterprise value of $60…
Turkey’s Next President To Be Elected In Runoff
Turkey’s incumbent president Recep Tayyip Erdogan failed to secure 50% of the votes in yesterday’s election, heading for a runoff with closest rival Kemal Kilicdaroglu. This is shaping up…
Newcrest Agrees To Newmont’s $17.8 Billion Takeover Bid
Australian copper mining major Newcrest has decided to back an acquisition bid by bigger sector player Newmont that will create a new copper and gold giant on the mining scene.…
Petrobras Has High Hopes For Refining, Pre-Salt Discoveries
Brazilian-controlled oil company Petrobras has high hopes for increasing its refining capacity and its Curacao pre-salt discovery, company officials said on Friday. In a Friday webcast for investors, Petrobras director…
Justice For NordStream Attack? Highly Unlikely
The chances of finding and bringing the Nord Stream attack perpetrators to justice are negligible, according to Russian Security Council Deputy Chairman Dmitry Medvedev, who added that Russia would nevertheless…
EU Considers Formally Banning Russian Oil Flows To Germany And Poland
The European Union is considering formally banning Russian crude flows via the Druzhba pipeline to Germany and Poland, which have already stopped importing Russia’s crude, Bloomberg reported on Friday,…
Shell Suspends Production At The World’s Largest Floating LNG Facility
Shell has halted production at Prelude LNG – the world’s largest floating liquefied natural gas facility offshore Australia – due to a trip, a spokesperson for the supermajor said on…
