 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 18 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 • 20 mins | 2.735 | +0.001 | +0.03% |
|
Bonny Light • 18 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 18 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 17 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 17 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 17 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 17 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% |
Putin Looks To Capitalize As West Diverts Attention From Ukraine
Russia sees advantages in the…
Oil Moves Higher on Inventory Draw
Crude oil prices ticked higher…
Global Climate Goals Still Unreachable Despite Record Renewable Growth
Renewable energy installations reached record…
News
Crude Spikes After API Reports Massive Crude Draw
The American Petroleum Institute reported a 7.5 million barrel draw in U.S. crude oil supplies on Tuesday, instead of the build that many expected. American crude inventories were slated…
Fire At Aramco Oil Terminal In Saudi Arabia Injures 8
A fire at Saudi Aramco’s oil terminal Ras Tanura injured eight workers on Tuesday morning, but oil and gas operations at the site have not been affected, the Saudi Arabian…
U.S. Drivers Squander $2.1 Billion On Premium Gasoline Annually
Over the past 12 months, U.S. drivers splurged more than US$2.1 billion on premium-grade gasoline for vehicles designed to run on regular gasoline, the American Automobile Association (AAA)
Statoil Boasts 5 Billion Barrels From Statfjord Field
Norway’s state-owned oil company Statoil has celebrated the five-billionth barrel of crude extracted from the North Sea Statfjord field, where production began in 1979. The Norwegian company operates the…
The Federal Government Is Seeking More Control Of Self-Driving Cars
The U.S. Department of Education said Monday that it was mulling over the idea of taking the authority to review and approve the technology for “self-driving” cars, and that…
India Turns To Iran To Boost Its SPR After Talks With UAE Stall
After stalled talks with the United Arab Emirates, India is turning to Iran for 6 million barrels of crude oil as it seeks to build up its strategic reserves.…
Encana Prepares Share Issue To Fund Permian Oilfield Development
Canada’s Encana is preparing the placement of up to 107 million shares of new common stock to fund the development of an oilfield it operates in the Permian. The issue…
Cheniere Shuts Down LNG Terminal for Repairs
Gas deliveries from Cheniere Energy, the operator of the Sabine Pass LNG export terminal, dropped on Monday and Tuesday, signaling they may now be shutting down for repairs to fix…
Ukraine Abandons Plan To Attach National Pipeline Company To Energy Ministry
The Ukrainian government reversed a previous decision to bring the nation’s natural gas transport company under the direct control of the Energy Ministry. Deputy Prime Minister and Economy Minister…
Niger Delta Separatists Attack Nigerian Crude Pipeline
In its second attack in the same area in one week, the separatist Niger Delta Greenland Justice Mandate bombed a major crude oil pipeline owned by the state-run…
U.S. Governors Warn Against Price Gouging As Shortages Due To Leak Continue
Georgia Governor Nathan Deal signed an executive order against unjust price hikes after gasoline prices spiked 20-40 cents across the state following a pipeline leak in Helena,…
China Gas And Fosun May Be Planning A Bid For Britain’s Nation Grid
A pair of foreign companies are suspected to have paired up to purchase Britain’s National Grid, a very large distribution network that was put up for auction…
Egypt to Begin $10B Privatization Plan With Oil Firms
Egyptian authorities intend to start their initial public offerings (IPOs) program with state-held oil companies, in a plan to raise US$10 billion from listings in three to five…
Nigeria Police Frees 15 Kidnapped Oil Workers In Delta
Nigerian police have rescued 15 employees of oilfield service company Nestoil who were abducted in early September. The rescue operation involved gunfire that resulted in wounds for some…
S&P Cuts Nigeria Ratings As Low Oil Output Plagues Economy
Standard & Poor’s Global Ratings has further downgraded Nigeria’s sovereign credit rating to ‘B’, five levels below investment grade, citing a significant decline in oil production, restrictive…
New Clashes In Libya Dampen Hopes Of Oil Export Restart
The Petroleum Facilities Guard and the Libyan National Army (LNA) yesterday locked horns again, at the Ras Lanuf port, which halted the loading of the first export-bound oil cargo…
Iran Bumps Up Crude Exports To Highest Level In Five Years
Iran’s crude oil exports were 2.11 million barrels per day in August—up 15 percent from July exports, according to Reuters, citing someone with knowledge of Iran’s tanker…
Democrat Attorney General Probes Exxon’s Accounting Practice
ExxonMobil Corp (NYSE:XOM) has come once again under investigation by Democratic New York Attorney General Eric Schneiderman, who is investigating why the U.S. giant is the only…
Oil And Gas Majors Are Shipping ‘Dirty’ Fuels To African Countries
Oil and gas majors in Europe have been selling low-quality diesel and gasoline to African countries, according to the findings of a three-year investigation conducted by a…
Oil Rig Count Climbs For 12th Week In A Row
This week’s Baker Hughes report showed a two-site increase in the United States oil rig count, marking 12 straight weeks of no-decline in drilling activity. The current…
