 |
Louisiana Light • 4 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 185 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.575 | +0.020 | +0.78% |
|
Bonny Light • 3 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 3 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 4 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 8 hours | 71.31 | -0.84 | -1.16% | ||
|
Light Sour Blend • 8 hours | 74.36 | -0.84 | -1.12% | ||
|
Syncrude Sweet Premium • 8 hours | 81.31 | -0.84 | -1.02% | ||
|
Central Alberta • 8 hours | 71.71 | -0.84 | -1.16% |
|
Eagle Ford • 4 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 4 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 6 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 7 days | 87.60 | -1.22 | -1.37% |
Breaking News:
G7 Agrees To End Coal Use But Can It?
Despite big additions of renewable…
Is Copper Heading to $15,000?
Copper prices reached $10,000 per…
A Beginner's Guide to Geoengineering
Amid efforts to counter climate…
News
Kurds Reportedly Delaying Oil Deal with Iran
Kurdish authorities are reportedly holding up the final details of an oil agreement with Iran, according to PRESS TV. Citing information from Rudaw, a Kurdish media group…
Nigerian Militants Kill Three Soldiers in Oil-Rich Bayelsa State
In the latest deadly attack in the restive Niger Delta, militants have killed three soldiers in an ambush in one of Nigeria’s oil state, Bayelsa, local media…
Chevron Vindicated On $9.5B lawsuit by Ecuador… Again
A U.S. appeals court blocked on Monday the enforcement of a US$9.5-billion judgment against Chevron Corporation (NYSE:CVX), upholding a lower court ruling that had found that…
Why Iran’s Oil Exports To India May See a Steep Dive
A 49 percent stake buy by Russia’s Rosneft in Indian Essar Oil will see the Indian company reduce its purchases of Iranian crude oil, according to Essar Oil’s…
BP Looks for US$2-3B In Chinese Stake Sale
BP has put up for sale its 50 percent stake in Chinese SECCO, a joint venture with local energy major Sinopec, eyeing revenues of US$2-3 billion, sources close…
Coalition Air Strike Wipes Out 80+ ISIS Oil Tank Trucks
A coalition forces air strike in Syria has destroyed 83 oil tank trucks used by ISIS to transport crude, which is the group’s major source of funding.…
20 Months, 90 Bankruptcies In North-American Oil & Gas
A report published earlier this month by Haynes and Boone found that ninety gas and oil producers in the United States (US) and Canada have filed for…
More Angolan Soldiers Reportedly Killed in Oil-Rich Cabinda Area
At least ten Angolan soldiers were killed during the last clash with the Front for the Liberation of the Enclave of Cabinda (FLEC) in the oil-rich Cabinda enclave,…
Iran Begins Shipping Euro 4 Compliant Oil
The National Iranian Oil Products Distribution Company (NIOPDC) has announced that the country has deployed its first Euro 4-compliant gas oil shipment to global markets. Mahmoud Taherizadeh,…
Libyan Militia Attacks Oil Terminal
Operation Dignity, a Libyan militia, has attacked the Zueitina oil terminal near Benghazi, local media report. The attack, which took place on Friday, was repelled by Petroleum…
Decades-old $1.2B Back Bill for Iranian Oil Comes Back to Haunt Israel
An arbitration court has ordered Israeli-held Trans-Asiatic Oil (TAO) to pay US$1.2 billion to Iran for oil that the National Iranian Oil Company (NIOC) had delivered to Israel…
Iran Executes Nuclear Scientist
Iranian authorities have confirmed the execution of nuclear scientist Shahram Amiri, who was accused of treason and divulging sensitive information about the country’s nuclear program to U.S.…
EOG Resources Boosts Fracking Plan by 30 Percent
EOG Resources planned fracking will revise its plans upward by 30 percent in 2016, despite the price of oil falling below the US$40 per barrel mark. As reported…
US Oil, Gas Industry Sees 26% Decline in Employment
US oil and gas producers have cut 142,000 jobs as of May 2016 since its peak employment levels in October 2014 of 538,000, according to a US Energy…
Poland and Ukraine Jump Start Close Fuel Ties
Natural gas trade between Poland and Ukraine is expected to rise in the near future after the former offered to supply Ukraine consumers with essential energy commodities.…
Venezuela Announces Effort to Reduce OPEC Production Rates
Venezuelan President Nicolas Maduro said on Thursday that his country had begun discussions with the Organization of Petroleum Exporting Countries (OPEC) on mechanisms to increase the global…
Offshore Oil & Gas To Invest $800B Through 2025, Brazil Leads The Capex Splurge
The offshore oil and gas industry is expected to invest more than US$800 billion in 200-plus major upstream oil and gas projects slated to come on stream by 2025, GlobalData…
UK Sees Oil & Gas Profits Sink To 20 Year Lows
Numbers from the Office of National Statistics (ONS) show that the oil and gas sector in the United Kingdom experienced its least profitable quarter in two decades…
Apache Falls Short of Analyst Expectations with $244M Loss
Apache Corporation (NYSE:APA) reported on Thursday a second-quarter net loss, dropping to US$244 million from US$860 million for the same period of 2015, but still falling…
Undeterred By Refinery Losses, Standard Chartered Doubles Down On Energy
UK lending giant Standard Chartered Plc announced on Wednesday that it had increased the amount of loans to oil refineries by 24 percent as of the end of…
