 |
Louisiana Light • 1 day | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 1 day | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.717 | +0.031 | +1.16% |
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 1 day | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 1 day | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 11 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 11 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 11 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 11 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 1 day | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 4 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 1 day | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 4 days | 87.31 | +0.41 | +0.47% |
China Tightens Hold on Iraq's Oil with Al-Faw Refinery Nearing Completion
China is finishing the Al-Faw…
Hedge Funds Dump U.S. Energy Stocks to Buy Crude Options
Following a rally in energy…
Big Oil’s Carbon Capture Conundrum
Energy experts and environmentalists express…
News
Gazprom Gets First Ankara Nod To Restart Turkish Stream
Russia’s Gazprom said on Wednesday that it had received—via diplomatic channels—the first permit from Turkish authorities for the construction of the offshore leg of the Turkish Stream…
Talks To Unfreeze Iran’s Revenue From UK Gas Field Continue
The National Iranian Oil Company (NIOC) is still negotiating with the UK over the release of revenues Iran is owed from a 50-percent interest in the Rhum gas…
Is The UK’s Go-Ahead To The US$24B Hinkley Point Close?
The UK government is set to announce by the end of this week that it is giving its consent to the Hinkley Point project, with a new contract…
Challenges For Scotland’s North Sea Oil & Gas Persist
Despite a jump in Scottish North Sea production in the 2015-16 fiscal year, the value of Scotland’s oil and gas sales plunged by 23.5 percent as sustained low prices highlight…
Desperate PDVSA Seeks To Swap $7 Billion In Bonds
Venezuela’s embattled state-owned oil company PDVSA is seeking to swap US$7 billion worth of bonds maturing in the next two years in order to free some much needed…
Niger Delta Group Bombs Pipeline Despite Ceasefire
More violence in the Niger Delta Region has been reported, at the hands of a militant group called The Niger Delta Greenland Justice Mandate (NDGJM). The group…
Oil Stabilizes After API Reports Lower Than Expected Build In Crude Stocks
The American Petroleum Institute (API) is reporting a 1.4-million-build in US crude oil inventory over last week—bursting the bubble created the week before when official data showed the…
Western Powers Call for Libyan Unity, Condemn Latest Oil Ports Attacks
The United States, the United Kingdom, France, Germany, Italy and Spain condemned on Tuesday this weekend’s attack on oil export terminals in eastern Libya by armed forces…
Exxon Set To Load First Nigerian Qua Iboe Oil Since July Force Majeure
For the first time since ExxonMobil (NYSE:XOM) declared force majeure on Nigeria’s Qua Iboe oil exports in July, the U.S. oil company is offering Qua Iboe crude…
Billion-Dollar Mexico Oil Equity Placement Reportedly In Offing
One of the biggest Mexican equity placements in years could soon take place as Infraestructura Energetica Nova (IEnova) is expected to earn at least US$1 billion in a…
Brazil Ratifies Paris Climate Change Participation
The government of Brazil on Monday ratified the country’s participation in the Paris Agreement on climate change, making it one of the biggest carbon dioxide releasers in…
Repsol Sells 20% In Gas Natural For $4.2B
Spain’s energy major Repsol and investment company Criteria Caixa have agreed to sell a 20-percent stake in utility Gas Natural for a total of US$4.27 billion (3.8…
Russia To Stop Exporting Oil Through Foreign Baltic Ports
Russia will stop exporting its oil through foreign ports sitting on the Baltic Sea by 2018, according to a new report by Reuters. Nikolai Tokarev, head of…
Anadarko Splashes US$2 Billion On Freeport Oil Assets
Anadarko will pay US$2 billion to acquire a number of assets of mining giant Freeport-McMoRan in the Gulf of Mexico, the oil company said yesterday. The deal,…
Manchester United Posts Record Revenue Without Petrodollars
Manchester United has become the first British soccer club to surpass the half a million pound mark in annual revenue, according to its latest quarterly earnings report. Some Red Devils…
Oil And Gas Creditors Recover $1 Of Every $5 On Defaulted Debt
Creditors who funded the United States’ shale boom are not in good shape to recover their invested funds, according to Moody’s Investors Service. Banks and private lenders…
Coalition Against ISIS Destroys 55 ISIS Oil Tankers In Syria
Fifty-five oil tankers perished in recent raids in Syria, as part of the U.S. and allies’ international coalition against the Islamic State (ISIS), according to a recent
Indian Oil Minister Expects Record-Breaking Surge In Crude Demand 2016
India’s Petroleum Minister Dharmendra Pradhan expects the demand for crude oil in the country to rise in excess of 11 percent this year, thanks to “better monsoon…
Iraq Lifts Crude Loading Plans For October By 23,000 Bpd
Iraq’s State Oil Marketing Company, SOMO, expects its October exports from the main southern Gulf terminals will average 3.28 million barrels per day, up by 23,000 bpd from…
OPEC Expects Oil Oversupply To Persist In 2017
OPEC revised up on Monday its forecast for non-OPEC oil supply in 2017 by 350,000 barrels per day and now expects producers outside the cartel to…
