 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.766 | +0.008 | +0.28% |
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 2 days | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 12 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 12 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 12 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 12 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
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Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Texas Deepwater Oil Export Projects Stall
Four projects were planned offshore…
Weak Diesel Prices Reflect Global Economic Slowdown
Diesel fuel production has ramped…
EU Prepares to Tighten Screws on Russian LNG Imports
In a move that could…
News
Nigeria Awards 2017 Crude Oil Term Contracts To 39 Companies
State-held Nigerian National Petroleum Corporation (NNPC) has awarded the 2017/2018 crude oil term contracts to 38 companies to lift 32,000 bpd each and an NNPC unit to load 90,000 bpd,…
Fuel Price Protests In Mexico Lead To Critical Situation
Mexicans, who took to the streets at the start of this week to protest a sharp spike in fuel prices, have now created a critical situation in at least three…
Glencore, Qatar Close Deal for 19.5% Stake in Russian Rosneft
Swiss-based commodity trader and miner Glencore and Qatar’s sovereign wealth fund have announced the completion of a deal for the acquisition of 19.5 percent in Russia’s oil behemoth Rosneft.…
Separatist Group Claims Attack On Oil Pipelines In Iran
A separatist group from Iran’s southern province of Kuzhestan has claimed it has bombed two pipelines in the oil-rich province, warning more attacks will follow. The Arab Struggle Movement…
Analyst: Istanbul Attack Precursor To ISIS Strike On Saudi Oil
ISIS has claimed responsibility for the shooting in a nightclub in Istanbul on New Year’s Eve, in which a gunman – who is still at large – killed 39…
Energy Prices Rise More Than Other Commodities In 2016
Supported by higher U.S. gasoline consumption, record U.S. gasoline exports, and an increase in oil prices at the end of 2016, energy commodity prices rose more than any other major…
As OPEC Cuts Take Effect, South Sudan Plans Output Increase
War-torn South Sudan says it will increase oil production on the heels of an OPEC deal that promises to push global oil prices upwards for the time being. According to…
Libya Close To 700,000 Bpd In Daily Oil Output
Libya’s National Oil Corporation has announced the country’s crude oil output has hit 685,000 barrels per day as of the start of January. The increase was made possible by…
Offshore Vessels Provider Sees ‘Clear Signs’ Of Improving Market
The oil price slump that started in 2014 has affected the business of drillers and other service providers as companies slashed exploration spending, but offshore vessel providers say recovery signs…
Venezuela Starts 95,000 Bpd Production Cut As Part Of OPEC Deal
Venezuela - one of the staunchest supporters and promoters of OPEC’s oil production cuts - has said it would start reducing supply by 95,000 bpd beginning January 1, complying…
36 Killed In IS Attack In Baghdad, More Attacks On The Way
An Islamic State suicide bomber killed 36 in a Baghdad market on Monday, just hours after the arrival in Iraq’s capital of French President Francois Hollande. According to…
Iran Picks 29 Foreign Companies To Bid In Oil, Gas Tenders
The National Iranian Oil Company has issued a list of 29 companies that have qualified for bidding in oil and gas tenders, of whom only one is a U.S.…
Electric Car Sales Set To Explode In Dubai
Sales of greener vehicles in Dubai look set to rise in the coming years as the government steps up its bid to reduce the emirate’s carbon footprint. The introduction of…
Kenya To Make Electricity Available For 100 Percent Of Its Population
A national drive to provide 100 percent of Kenya’s population with electricity by 2020 and reduce load losses is gaining momentum, steered by a multi-billion-dollar project pipeline. Supplying hard-to-reach…
The South American Nation Seeing An Oil And Gold Breakout
Big resource developments from a tiny and unexpected nation this week. Where both the mining and energy sectors are, incredibly, taking off at the same time. That’s Guyana — a…
China To Lower Export Quotas For Majors By 40 Percent
Larger quotas expected later in 2017 China will cut its export quotas to the country’s oil majors by 40 percent in the first round of licenses for 2017, reports…
Exxon’s 2040 Outlook: Fossil Fuels Aren’t Going Anywhere
Gas, Nuclear, and Renewables Will Grow the Most, in that Order The global energy mix will not look that much different for oil and gas in 2040, according to Exxon…
Turkmenistan Signs Last-Minute Gas Deal With Iran
Turkmenistan has managed to avert the loss of one of its only two buyers of natural gas with some desperate, last-gasp negotiations. Iran’s Mehr news agency reported on December 30…
This $4.3 Billion Warning Sign Is Flashing In China’s Coal Business
Coal has been one of the big stories of 2016. With this beat-down market taking flight during the last half of the year — lifting stocks of major producers like…
Oil & Gas IPO’s To Spike in 2017
2017 could be a banner year for oil and gas companies who are looking for fresh equity. According to Tudor Pickering Holt & Co., as many as 40 oil and…
