 |
Louisiana Light • 2 days | 89.15 | -0.01 | -0.01% | ||
|
Bonny Light • 1 day | 90.37 | -1.56 | -1.70% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% | ||
|
Mars US • 166 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.710 | -0.019 | -0.70% |
|
Bonny Light • 1 day | 90.37 | -1.56 | -1.70% | ||
|
Girassol • 1 day | 90.93 | -1.38 | -1.49% | ||
|
Opec Basket • 2 days | 90.18 | +0.61 | +0.68% |
|
Peace Sour • 2 hours | 75.35 | -2.68 | -3.43% | ||
|
Light Sour Blend • 2 hours | 78.40 | -2.68 | -3.31% | ||
|
Syncrude Sweet Premium • 2 hours | 85.35 | -2.68 | -3.04% | ||
|
Central Alberta • 2 hours | 75.75 | -2.68 | -3.42% |
|
Eagle Ford • 2 days | 81.84 | -0.05 | -0.06% | ||
|
Oklahoma Sweet • 2 days | 81.75 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 6 days | 89.36 | +0.64 | +0.72% |
Manufacturing Boom Fuels Demand for Industrial Metals
The manufacturing boom in the…
Russia Intensifies Strikes on Ukraine’s Energy Infrastructure
Russia continues its assault on…
Geopolitical Tensions Keep Oil Prices Elevated
In the short term, oil…
News
Algerian Crude Exports Reach Record-High In October
Algeria’s state-held oil company Sonatrach exported an all-time high volume of crude oil in October, Reuters reported on Tuesday, quoting a senior company official. Last month Sonatrach exported 2.77…
Oil Prices Resilient Despite API Reported Crude Inventory Build
A larger than expected build in United States crude inventories caused West Texas Intermediate prices to fall slightly after the American Petroleum Institute’s weekly supply report hit the press Tuesday…
Exxon Negotiating With Chad Over Court-Imposed $74B Fine
Exxon Mobil (NYSE:XOM) is in talks with Chad’s government regarding a huge US$74-billion fine it was ordered to pay last month by a Chad court for failing to meet…
The EIA Reports An Increase In DUCs
The EIA reported the number of uncompleted wells rose for the first time since July The Energy Information Administration (EIA) released its monthly Drilling Productivity Report Monday. The November…
BP Is Reaching Out To Millennials At The Gas Pump
Checked in on Facebook lately from the gas pump? You soon might. It probably does people a bit of good to spend a few minutes away from social media—even millennials—to…
Russian Economy Minister Charged With Bribery
Russia’s Economy Minister Alexei Ulyukayev has been detained on charges of bribery after an ongoing investigation caught him in the act of receiving US$2 million as reward for his…
Russia Lowers Oil Export Duties
The Russian Finance Ministry announced today that the export duty for the country’s most popular Urals blend of crude oil will be lowered to US$90.40 per metric ton, from…
Shell Tops Ranks Of Ideal Oil, Gas Employers
Shell has emerged as the number-one employer in the energy industry, according to a Rigzone survey among 8,400 respondents in more than 100 countries. This is the first survey…
Administration Buys More Time As Dakota Pipeline Protests Heat Up
Tied up in controversy over a section in North Dakota, the Dakota Access pipeline will be the subject of more discussions and analysis before permitting is decided upon, the U.S.…
After A String Of Setbacks, The Giant Kashagan Field Is Showing Results
After a rough start, the blood sweat and tears poured into the Kazakhstan's Kashagan oil field in the Caspian Sea are starting to show some results. This past month,…
UAE Seeks $70B in Industrial Investment Amid Oil Price Slump
As the global oil price slump takes its toll on Gulf countries, the UAE is boosting its non-oil sectors, now seeking to lure in more than US$70 billion in industrial…
Nigerian Oil Ministry Eyes Rosy Outlook Of 2.8M Bpd By 2019
Banking generously on the hopes of resolving unrest in the Niger Delta, attracting tens of billions in foreign investment and successfully reforming the oil sector, the Nigerian Oil Ministry says…
Russneft Owners To Sell 15% Of Company
The Gutseriev family, owners of 75 percent in Russian oil company Russneft (not to be confused with Rosneft), a midsized player in the field, is selling 20 percent of their…
Shell Mulls Divestment Of Norwegian Assets
Shell is considering a partial divestment of its US$3-billion business in Norway as part of an asset sale program aimed at reducing its debt load. The Anglo-Dutch supermajor’s debt…
OPEC Technical Committee Pulls Forward Date For Cut Talks
The technical committee in charge of hammering out the details of an OPEC-wide production cut will meet for a fresh round of discussions on November 21, according to an energy…
Chevron’s $54B Gorgon Nat Gas Plant Shut Down Again
Chevron’s $54-billion Gorgon liquefied natural gas plant in Australia was shut down for a third time since it launched in March, with sources telling news agencies that the downtime…
Yemen’s Shi’ite Houthis Claim Saudi Villages Under Their Control
Shi’ite Houthi militia forces from Yemen claim to have taken control of villages across the border in Saudi Arabia, Houthi-run news agencies report, citing unnamed military sources. Several villages…
Nigeria Plans Sale of NNPC, Oil Sector Reforms
Nigeria has come up with a plan to reform its oil sector by giving NNPC a much-needed makeover with the ultimate aim of listing it on the stock exchange.…
Glut Fears Spike As Europe Runs Out Of On-Land Oil Storage
Oil has been called names (“dirty fossil fuel!”). The cartels use it as a weapon to thwart their rivals. ISIS steals it and pimps it out on some sketchy black…
The Second Oil And Gas IPO Since The Crash
WildHorse Resource Development Corp, an independent oil and gas field operator focused on the Eagle Ford shale in Texas, has filed for an initial public offering with the Securities…
