 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 18 hours | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 18 hours | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 18 hours | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 17 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 17 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 17 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 17 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Washington's Pleas Fall on Deaf Ears as Ukraine Strikes Russian Refineries
The Financial Times, citing unnamed…
How Gold Became an Essential Component in Nvidia's GPUs
Nvidia's GPU microchips, essential for…
Central Asian Economies in Limbo As China Fails To Find Its Feet
The World Bank forecasts slower…
News
First Nation Tribes in Canada Secure Victory Against Enbridge
First Nation tribes in Canada secured a court victory against oil major Enbridge’s plan to build a pipeline transporting crude from Alberta to British Columbia, according to a…
Centerra Buys Thompson Creek in US$1.1 Billion Deal
Toronto-based Centerra Gold will purchase Thompson Creek Metals Co. in a deal valued at US$1.1 billion, Bloomberg reports. The transaction will include a US$135 million stock swap…
Latest Pipeline Bombing Adds to Industry Woes in Colombia
The government of Colombia and the National Liberation Army (ELN) rebels announced plans to begin peace talks in March but the situation between the two entities has remained…
Nigerian Militants Continue Strikes Against Oil Facilities
Armed secessionists have purportedly struck against Nigerian energy facilities in the oil-rich Niger Delta region for the second time in two days, according to AllAfrica. The latest…
Tullow Oil Issues $300M in Fresh Debt, Stock Dives
UK-based exploration company Tullow Oil announced today that it has issued a convertible bond to the tune of US$300 million maturing in 2012. The announcement hit Tullow’s…
India Demonstrates Insatiable Thirst for LNG
After it was touted as the biggest driver of global oil demand growth, India, Asia’s second-largest economy, is now emerging as a solid LNG consumer as well. Bloomberg…
Lebanon Gearing Up For First Offshore Oil Tender
Lebanon is preparing to join the ranks of oil and gas producers in the Mediterranean after lagging behind neighbors such as Israel and Egypt for years, unable…
Qatar Sees Spike in LNG Exports to South Asia, Middle East
Qatar’s exports of liquefied natural gas (LNG) to India and Pakistan grew by 50 percent annually over the first half of the year. LNG deliveries to South…
Move Over Canada, U.S. Shale Gas is Here to Stay
A Canadian Energy Research Institute survey has found that the country’s natural gas exports will continue to slide over the coming years, with their market share eaten…
Nigeria’s Buhari Selects New Leadership for National Oil Firm
A new board of directors for the Nigerian National Petroleum Corporation (NNPC) has been announced by the country’s President Muhammadu Buhari, focusing media attention further on the…
Petrobras To Sell “Junk” Oil Fields To Pay Debt
Brazilian state-owned oil giant Petrobras plans to sell nine oil fields as part of its previously announced move to lower the company’s massive debt. The Wall…
Nigeria Spearheads OPEC’s June Output Jump
A ramp-up in oil production in Nigeria pushed up OPEC’s total in June, also helped by smaller but meaningful production increases in Libya and Saudi Arabia. A…
Tesla Q2 Sales Miss Target by 15%
Tesla shipped 14,370 cars in the second quarter of the year, missing its sales target from May by 15 percent. The company produced 18,345 cars in the…
Chevron-Led Consortium To Splash $37 Billion On Tengiz Field Expansion
A consortium of international oil majors led by Chevron has approved a $36.8-billion output expansion plan for the giant Tengiz oilfield in Kazakhstan, the country’s Energy…
Shell Warns Of Further Job Cuts
Shell may have to cut more jobs after laying off 12,500 people over the past year, CEO Ben van Beurden told The Telegraph. The new cuts would be…
Exxon And BP Battle For ‘Oil Contract Of The Century’
ExxonMobil and British Petroleum have been facing off over the terms of the renewal of the “contract of the century” in Azerbaijan, according to sources that spoke to…
Exxon Find In Guyana Could Yield Double The Estimated Output
An offshore oil find near Guyana by Exxon Mobil could yield double the anticipated production, according to a statement from the company cited by Reuters…
Chevron Halts Production At Gorgon Plant For Second Time This Year
For the second time this year, Chevron has stopped production at its Gorgon liquefied natural gas operation in Australia. The plant had to be evacuated…
North Dakota Issues New Rules On Spill Containment
On Wednesday, industry regulators in North Dakota issued new rules to curb oil spills in the state. The new rules include third-party inspections on…
For Those Who Miss the Rumble: Tesla’s Model S Now Has It
Many drivers jokingly—or not so jokingly—have lamented the soundlessness of electric cars. Now Tesla has teamed up with Mutual Mobile, an app developer, to address the lament. The…
