 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 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 • 11 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 18 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 18 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 18 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 18 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% |
China Raises Gasoline and Diesel Prices amid Soaring Crude Oil Prices
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News
Rosneft’s $3 Billion Indian Oil Plan May Hit US Sanctions Snag
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Blackstone Snatches Up Permian Oil Assets
Blackstone Group LP is partnering with two energy companies to buy assets in the Permian, one of the few shale plays in the U.S. where production is still…
Petroleum Facilities Guard Shuts Down Oil Field in Libya
As Libya continues its descent into chaos with three rival ‘governments’ vying for control of the country’s oil wealth, the Petroleum Facilities Guard (PFG), has reportedly shut down…
Anti-Trust Regulators Approve Tesla’s Solar City Acquisition
Tesla has gotten the approval of the Federal Trade Commission to acquire solar panel maker SolarCity. The anti-trust regulator said that approval was quick, because the two…
Layoffs In Oil & Gas See These Industries Hit Their Bottom Lines
Layoffs in the oil industry are setting jewelry stores and many fast food restaurant chains back on their bottom lines, according to a new report by Business…
Biden Reveals U.S. Opposition to Nord Stream 2 Pipeline
Comments made by U.S. Vice President Joe Biden on Thursday indicate that the United States believed the Nord Stream 2 pipeline that would have connected Europe to Russia…
Move Over Coal – U.K. Now Gets Half Of Its Power From Nat Gas
According to statistics released by the United Kingdom’s Department for Business, Energy and Industrial Strategy, in the second quarter of this year, natural gas was the source…
New Tax Regimes Emerge Worldwide Due to Low Oil Prices, EY
More and more governments across the world are reconsidering their oil and gas tax regimes in order to cope with the “lower for longer” crude prices and remain…
Russian Experts Say Country’s Oil Output to Hit All-Time High in 2016
Russia is on track to pump record oil volumes this year, with production expected to rise by 1.5-1.6 percent annually to 539 million-540 million tons, experts at local…
New Johns Hopkins Study Links Migraine to Fracking
A new study published on Thursday has found that fracking is associated with migraine headache, nasal and sinus, and fatigue symptoms among residents in Pennsylvania, where more…
Iraq Recaptures The Oilfields South Of Mosul From ISIS
Iraqi Prime Minister Haider al-Abadi announced the recapture of the Qayyara oil producing regions south of Mosul from forces loyal to the Islamic State on Thursday, according to…
Angola Tops Saudis And Russia In July Crude Exports To China
In a surprising development, Angola crude oil exports to China topped both Saudi Arabia’s and Russia’s for the month of July, with the African country beating the…
North Sea Oil Companies Caught in Major Tax Avoidance Scheme
New research from the International Workers Federation (IWF) is claiming that big oil players in the North Sea, including Chevron and China’s Nexen have avoided paying significant…
Colombian Government, FARC Insurgents Agree On Peace Deal
A long-awaited peace deal between the Colombian government and the Revolutionary Armed Forces of Colombia (FARC) has been sealed by President Juan Manuel Santos and FARC official…
New Tests Affirm Discovery Of 25 Billion Barrel Basin In Canada
The Canadian province of Newfoundland and Labrador holds as many as 25.5 billion barrels of oil and 20.6 trillion cubic feet of gas, according to the results of…
Qatari Gas Money Buys Chunk of Empire State Building
The sovereign wealth fund of Qatar (the Qatar Investment Authority) purchased 9.9 percent, or approximately US$622 million, in the firm owning and operating the Empire State Building. As…
Statoil Increases Brazilian Operations Despite Analyst Warnings
Norwegian oil producer Statoil is hoping to expand its operations in Brazil by entering a second phase of exploration at the Peregrino offshore oilfield. As reported by Norwegian Solutions,…
China’s Biggest Offshore Producer Posts First-Ever Half-Year Loss
China’s biggest offshore oil and gas producer Cnooc Ltd (NYSE:CEO) reported on Wednesday its first-ever net loss for a half-year, of US$1.16 billion (7.74 billion yuan),…
Banking On Brent-WTI Spread, U.S. To Hit Record Exports In September
U.S. oil exports may hit a new record next month, as oil traders cash in on the widening gap between the price of Brent Crude and West Texas…
Turkey Ramping Up ISIS Offensive After Wedding Bombing Kills 54
Turkish shellfire on a string of Islamic State-affiliated targets in northern Syria since Monday has paved the way for a planned ground attack on an Islamic State held…
