 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.723 | +0.038 | +1.40% |
|
Bonny Light • 2 days | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 2 days | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 12 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 12 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 12 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 12 hours | 75.50 | -0.32 | -0.42% |
|
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% |
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News
Oil Prices Down On News Of Crude Output Freeze
Oil prices responded half-heartedly this morning on the news coming out of the surprise Doha meeting that four producers, including Saudi Arabia and Russia, have agreed to freeze output at…
BP Expands $16 Billion Tight Gas Block in Oman
The Sultanate of Oman has signed a deal with oil major BP and Oman Oil to expand their development block in the Khazzan tight gas field, adding another 1,000 kilometers…
Brent Slightly Up Over Unexpected OPEC-Russia Meet
Oil has risen 2 percent since this morning on speculation ahead of a meeting tomorrow in Doha among ministers from Saudi Arabia, Russia, Qatar and Venezuela. After-hours Brent crude…
First Iranian Oil Exports To Europe Leave In 24 Hours
Iran is loading two million barrels of oil on a tanker in the Gulf in preparation for its first oil exports in 24 hours to Europe since the…
Turkey Poised To Battle Kurds In Syrian Border Town
A dangerous showdown is unfolding in the Syrian town of Azaz, near the border with Turkey, as Russian-based Syrian forces advance and Syrian Kurds step in to take over territory…
Statoil Teams Up With Tullow Oil In Uruguay Basin
Norway’s Statoil said today that it has signed an agreement with Tullow Oil to secure a 35 percent working interest in a Uruguay’s Pelotas basin exploration block…
Saudi Stocks Sink To Near Five Year Lows Over War Worries
Oil's late week surge provided much buying excitement as Mid-East equity markets opened with flashing green numbers across every screen. However, by the close, it was…
Oklahoma Earthquake Gives More Impetus To Fracking Fears
Oklahoma was struck by a magnitude 5.1 earthquake on Saturday, the third-strongest quake ever recorded in the state, which has experienced a surge in seismic activity in recent years, feeding…
Nigeria Arrests Mastermind Of Agip Oil Pipeline Bombing
The Nigerian military has apprehended the mastermind of the Agip oil pipeline bombings that lost Italian Eni thousands of barrels of oil that have spilled into waterways and fishing grounds.…
Libya Intercepts Smuggling Tanker Heading To Malta
The Libyan Coast Guard has intercepted an oil tanker flying the flag of Sierra Leone in Libyan waters, heading to Malta and suspected of carrying illicit cargoes of Libyan…
Oil Prices Up As Rumors On OPEC Cut Persist
Crude oil prices gained on Monday morning as optimism prevailed that production cuts would come in response to the oversupplied market. UAE Energy Minister Suhail bin Mohammed al-Mazrouei said…
Can Conventional E&P Bring The Next Generation Of Oil Fortunes
Age demographics do not care about the price of oil. Whether oil is at $100/barrel or at $30/barrel, babies get born, people age and pass away,…
Will Gold Be The World’s Best Currency, Again?
After Peak Debt Comes Deflation Paper money, ‘the Heaven-sent leaf’, is nothing new, but it has not always been held in high regard nor previously attained its unquestioned position as…
Oil Plunges to New Lows, But Rallies on OPEC Rumors
Oil prices sank to 13-year lows on Thursday as bearish forces took over. The comments from the head of the Federal Reserve on Wednesday reflected waning confidence in the health…
Growing Confidence That Oil Will Rebound
With the world’s largest energy trader predicting $45-$50 oil by year’s end, Goldman Sachs and UBS jumping on the bandwagon, and CitiGroup calling oil “the trade…
Armenia-Iran Deal May Threaten Russia’s Natural Gas Market
Economic hopes are rising in Armenia that the country can serve as a trade conduit for Iran now that international sanctions against Tehran are being lifted.…
"Bloodbath" In Black Gold - Buffett's Phillips 66 Dumps Oil In Cushing, Crashes
The canary in the coalmine of an increasingly desperate energy industry just croaked. With "unusual timing" and at "distressed prices," Reuters reports that Phillips 66…
Anti-Russian Sentiment Pushes Lukoil Out Of Baltics
Citing anti-Russian sentiment in Eastern Europe, Russian Lukoil is selling some 240 gas stations in Lithuania, Latvia and Poland, as it seeks to optimize its…
BP Claims That Oil Storage Limit Is Far Nearer Than We Realize
It was just last week when we said that Cushing may be about to overflow in the face of an acute crude oil supply glut.…
Insurance Concerns Could Throw Wrench In Iranian Oil Exports
Of all the things that could throttle Iranian oil exports--from geopolitics and high-level diplomatic game-playing to bloody conflict--at the end of the day, it’s seemingly innocuous…
