 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 18 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 2 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 18 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 18 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 10 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 10 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 10 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 10 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Europe's Love Affair with Electric Cars Wanes as Sales Plunge
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Arab Nations Act Against Iran-Israel Escalation
Arab states, including Jordan, Saudi…
U.S. Drilling Activity Inches Up
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News
Iran’s President Says Economy Withstands Low Oil Price Trouble
Iran has been spared the economic troubles that other oil-producing countries have been facing with the low crude prices, as the government has managed to curb inflation and add billions…
Italy’s Eni Seeks Billion-Dollar Loan For Mozambique Gas Project
Italy’s oil and gas major Eni has contacted banks to ask billions of U.S. dollars to finance the development of the huge Coral field offshore Mozambique, Reuters reported on…
Algeria Privatizes State Banks On Oil Price Slide
A couple days ahead of the informal OPEC meeting in Algiers regarding the stability of oil prices, Algeria has announced its plans to privatize their state banks in reaction to…
API Surprises Oil Markets, Reports Draws Across The Board
The American Petroleum Institute (API) has reported what very well may be the fifth week in a row of a draw in U.S. oil inventories of 752,000 barrels, in dramatic…
Four Dead Following Helicopter Crash in Angola
Chevron has confirmed that four out of six people aboard a helicopter died in a crash en route to the company’s Tombua-Landana facility in Angola. A search operation has been…
First US Shale Gas Arrives In Scotland Amid Controversies
The first tanker loaded with shale ethane extracted from U.S. fields reached Scotland’s Grangemouth site of chemicals company Ineos on Tuesday, rekindling the shale controversy in Scotland and in…
The Oil Glut Will Bleed Into 2017, Says IEA Chief
The International Energy Agency (IEA) executive director Fatih Birol does not see the oil market rebalancing until late next year, expressing a gloomier view on the crude glut than…
Russian-Turned-American Oil Vet Bets Big on Trump Victory
Simon Kukes, a former head of Russian state-owned oil and gas company Yukos, has spent over US$150,000 on Donald Trump’s presidential campaign, adding to a list of Russia-related facts…
Shell Shuts Down Bonny Light Pipeline
Shell’s Nigerian division has shut down one of the two pipelines that carry Bonny light crude to its Forcados terminal in the Niger Delta, saying a fire was detected “on…
Merrill Lynch Sees End Of OPEC Market Share War
The decline of new oil and gas investments means the current oil glut’s days are numbered, according to a new report from Merrill Lynch. “Our analysis shows that the…
Dakota Access Owners Evade Federal Regulators, Buy Land Surrounding Pipeline
Energy Transfer Partners—one of the major stakeholders in the controversial Dakota Access pipeline—bought over 6,000 acres of land surrounding the line’s route in North Dakota, according to several media…
New Clashes In South Sudan Raise Risk Of Civil War
South Sudan’s oil-rich Unity state saw heaving fighting this weekend when clashes between government troops (SPLA) and the armed opposition (SPLA-IO) broke out in Rubkotna county. The Sudan Tribune…
Colombian Government, FARC Rebels To Sign Peace Accord
One of the deadliest chapters in the decades-long armed conflict in Colombia will come to a close on Monday following the signing of a peace agreement between Colombian president…
UK’s Labour Party Vows To Ban Fracking If Elected
The UK’s opposition Labour Party will ban fracking ‘outright’ if it wins the next general elections, shadow international trade secretary Barry Gardiner said at the Labour conference on Monday.…
Major Deal Turns Israel Into Jordan’s Leading Gas Supplier
A deal between the operators of the Leviathan oil and gas field off the Israeli coast and Jordan Electric Power Company has just turned Israel into Jordan’s biggest gas supplier.…
Saudi Arabia Bolsters Bank Lending With $5.3B Support
In a bid to support financial liquidity amid the low oil prices, Saudi Arabia’s central bank will be injecting US$5.33 billion (20 billion riyals) into local banks in the…
UAE To Start Publishing Weekly Oil Data
The United Arab Emirates will start publishing weekly inventory data for its Fujairah port in a bid to enhance transparency and help turn the Indian Ocean port into an…
Niger Delta Avengers Blow Up Oil Pipeline Again
The Niger Delta Avengers announced yesterday that they have bombed the Bonny pipeline, which carries crude to the Shell-operated Forcados terminal. The militant group had agreed a ceasefire with…
Russia Will Join Oil Freeze Talks After OPEC Members Agree In Algiers
Russia will join output freeze discussions with the Organization of Petroleum Exporting Countries only after its members agree on the terms of the deal amongst themselves first, according to…
Egypt Makes Its LNG Importer Picks For Remainder Of 2016
Egypt has chosen three firms to supply liquefied natural gas to its markets for the remainder of 2016, closing a tender it had issued two weeks ago, according to a…
