 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.721 | -0.004 | -0.16% |
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 1 day | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 7 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 7 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 7 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 7 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
Will Namibia Become OPEC’s Newest Member?
Namibia wants to join OPEC…
Suriname’s Resource Boom is Back on Track With First Oil Targeted for 2028
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Explaining the Israel and Iran Missile Exchange
In response to Iran's attack…
News
Gatwick Oil Estimates Too Good To Be True
Rumors are circulating that a hundred billion barrels of oil have just been discovered at Gatwick airport. I first came across this story at WUWT who tipped their…
Chechen Oil Takeover May Be The Start Of Russian Power Devolution
Chechnya is gearing up to establish control over its oil-extracting business. The procedure for handing over the Rosneft affiliate Chechenneftekhimprom to the Chechen authorities is expected…
Billions In Debt Fall Due Soon For Shale Drillers
As the oil price downturn continues unabated, producers are hedging future production in order to lengthen their lifelines as March interest payments loom large. February saw…
Iran, Russia And Azerbaijan Face Off Over Georgian Gas Supply
As the price of natural gas keeps declining, competition among Caspian Basin suppliers is picking up. Georgia, which serves as a crossroads for Caspian Basin energy…
Reports Say Brazil’s New Oil Tax Dead in Water
A new oil and gas tax package introduced in late December and launching high-level disputes with foreign energy companies may be dead in the water,…
API Focuses on Jump in January Petroleum Demand
Total petroleum deliveries for January rose 0.8 percent to 19.4 million barrels per day, according to the American Petroleum Institute (API) today. Petroleum deliveries are…
U.S. Oil Rig Count Drops Another 27 Rigs
Tumbling for the ninth week in a row, the oil rig count is now down by another 27 rigs, according to Baker Hughes data from today.…
Chevron Speeds Up Sale of Shallow Gulf of Mexico Assets
As it refocuses on deepwater projects and bigger and more complex assets, Chevron Corp. is moving to speed up its sale of shallow water assets, eyeing…
Iran Delays Sale of New Heavy Oil Grade
Iran is reportedly delaying the sale of its new heavy oil grade by several months as the country works out a marketing plan, news agencies citied…
Soros Dumped Chesapeake, Chevron Follows Buffet On Kinder Morgan
Soros Fund Management of billionaire philanthropist George Soros has dumped all of its shares in supermajor Chevron, Oklahoma-based Chesapeake Energy and Texas-based NRG Energy. The fund…
Enbridge Says New Pipeline Regulations Mean Costly Delays
Enbridge says that new requirements expected to come out of a Minnesota environmental impact statement for work on two major U.S. pipeline projects could lead to…
Tullow To Add 80,000 bpd To Global Production In Ghana
Irish explorer Tullow Oil says that when it launches production this summer at its Tweneboa, Enyenra and Ntomme (TEN) fields in Ghana, it will add some 80,000 barrels per…
U.S. Launches Airstrikes on ISIS Positions in Libya
U.S. warplanes have carried out attacks on Islamic State militants, targeting an apparent training camp in Sabratha, some 70 kilometers west of the capital, Tripoli. The air strike wave is…
Oil Prices Spiral Down as OPEC Rhetoric Pales
After a week-long flirtation with higher oil prices thanks to vague rhetoric and ambiguous talk from the world’s major producers about an output freeze to January levels, oil was back…
Oil Slump Bypasses Kenya As It Waits To Turn On The Taps
Emerging East African oil giant Kenya is sitting on about one billion barrels of reserves that its discoverers say is commercially viable even with oil at a dismal $30 per…
PKK Attacks Turkey-KRG Oil Pipeline
Militants have attacked the Kirkuk-Yumurtalik oil pipeline in the southern Turkish province of Sanliurfa, interrupting oil exports from the Kurdistan Regional Government (KRG) in northern Iraq to Turkey. The…
Oil Crisis Prompts Venezuela To Hike Fuel Price, Devalue Currency
For the first time in 20 years, Venezuela has raised gas prices, and fears persist that the move could lead to dangerous riots. Venezuela’s President Nicolas Maduro on Wednesday raised…
45 Million Acres Of Oil And Gas Leases Under The Hammer Here
Close to 45 million acres of oil and gas leases in the Gulf of Mexico will go up for sale next month, the Bureau of Ocean Energy Management announced today.…
French Total Lands Exploration Deal With Sri Lanka
French Supermajor Total S.A. (TOTF.PA) signed a deal Thursday with the government of Sri Lanka to explore potential offshore ultra-deep water blocks, according to the Sri Lanka’s Oil Ministry.…
Turkey Blames Syrian Kurds for Ankara Attack
Turkish Prime Minister Ahmet Davutoglu today blamed Kurdish militants in Turkey and Syrian Kurdish fighters for the Ankara bombing that left some 28 people dead and 45 others wounded…
