 |
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 | 2.707 | +0.022 | +0.81% |
|
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 • 10 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 10 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 10 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 10 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% |
Namibia Racks Up Another Major Offshore Oil Discovery
Shares of Portuguese integrated energy…
Oil Takes a Breather as Geopolitical Risk Eases
WTI crude hangs above $80…
What’s The Next Move In The Israel-Iran Standoff And What Will Oil Do?
Tensions between Israel and Iran…
News
Shell And Gazprom Set To Sign A Deal On LNG Development In The Baltic
Shell has plans to ink a deal with the Russian gas company Gazprom sometime this week. The deal is related to Gazprom’s plan to begin a…
EIA Crude Inventory Data Shows 900,000 Barrel Drop
Oil futures moved up slightly on Wednesday morning following the U.S. Energy Information Administration’s (EIA) official weekly report showing U.S. crude inventories down by 900,000 barrels…
Japan Decreases Dependence On The Middle East, Seeks New Crude Sources
Oil companies in Japan are expanding their list of crude importers, in an effort to reduce their reliance on Middle East oil. Japan-based Idemitsu Kosan upped…
French Oil Giant Extends Renewables Presence, Acquires Lampiris
French oil major Total has purchased all of the company shares of Lampiris, an independent Belgian renewables company. Lampiris services about one million accounts and deals…
Oil Down After API Reports 1.2M Barrel Build
Oil futures dipped back down to well below $50 on Tuesday after the American Petroleum Institute (API) reported a build on U.S. crude oil supplies of 1.2 million barrels for the…
Divestment Crusaders Hold Stanford Donations Hostage
Stanford alumni interrupted an annual senior gift announcement at Stanford University on Friday afternoon, vowing to holdback donations to the university until it rids itself of…
Angola Could Face Niger-Delta-Style Oil Threat
As oil-targeted militancy in Nigeria remerges to threaten the country’s entire industry and put significant amounts of oil offline, foreign operators in oil-rich Angola’s may be…
Venezuela’s Oil Output Drops Sharply Amid Continued Unrest
Venezuela registered its sharpest monthly drop in oil production yet, as unrest continues over political divisions and economic difficulties. The Organization of the Petroleum Exporting Countries…
Exxon Chief Executive To Attend Russian Investment Forum
Rex Tillerson, Chief Executive of Exxon Mobil, is slated to attend an investment forum this week in Russia after a two-year absence following sanctions imposed…
China’s Potential Oil Reserves Up 64%, Says Official Report
China’s potential oil reserves are up 64 percent since 2007 due to increased exploration activities, according to a new report from the Chinese Land and Resource…
IEA Report Sees Global Oil Supply Fall
According to the June IEA report, the global oil supply overall was down 0.8 mb/d for last month, due to outages in both OPEC and…
Statoil To Begin New Drilling Project in North Sea
Norway’s oil and gas regulator has authorized Statoil to begin operations in the Norwegian areas of the North Sea, according to a report by Offshore Post. The…
TransCanada Expands Pipeline Reach In Mexico With $2B Deal
TransCanada Corp announced a new joint venture in Mexico on Monday, through which it will help build and operate a $2.1 billion natural gas pipeline in the southernmost…
Rothman: Oil Prices to Surge To Over $85 By End of 2016
Oil prices could surge above $85 a barrel by the end of this year, according to analysis by Michael Rothman, considered to be one of…
Chile’s ENAP Begins Exploration In Magallanes With ConocoPhillips
Empresa Nacional del Petroleo of Chile has signed a contract with ConocoPhillips (COP) to jointly explore and exploit oil and gas deposits in the Magallanes region, according to…
OPEC Estimates Oil Output Will Fall Among Non-Member States
The Organization of the Petroleum Exporting Countries (OPEC) in its latest monthly report believes that oil production will decline in non-member countries this year. According to the…
New Oil Minister Comes To Power In Algeria
An Algerian Cabinet reshuffle has ousted the freshman oil minister who had held the position for just over a year, replacing him with the head of the country’s…
Russia Is Reportedly Set To Release Clinton's Intercepted Emails
Reliable intelligence sources in the West have indicated that warnings had been received that the Russian Government could in the near future release the text of email messages…
Pemex To Farm Out Production At The Trión Oil Field
Mexico’s state-run Pemex announced on the 10th June that it has selected the Trión deep-water field for its maiden farm-out deal to other operators, according to Reuters.…
60,000 Jobs Lost In Angola Due To Oil Slump
The drop in international oil prices is behind the loss of some 60,000 jobs in the nation of Angola. The situation has unfolded over the past 12…
