 |
Louisiana Light • 1 day | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 1 day | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.769 | +0.010 | +0.37% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 1 day | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 11 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 11 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 11 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 11 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 1 day | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 1 day | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
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News
Kuwait Oil Chief Sees Oil Prices At $64 For A Half-Year
The CEO of the Kuwait’s state-run oil company says the price of oil won’t rise above $64 per barrel until at least mid-2015 unless either the global economy recovers or…
Oil Price Drop Not Affecting US Drilling
The drop in oil prices caused by a supply glut hasn’t daunted US drillers. Oil companies are still drilling in the United States at the highest rate in more than…
Low Oil Prices Causing Majors To Reconsider Larger, Riskier Projects
With oil hovering around $70 a barrel, oil and gas companies must make decisions on 800 proposed projects worth a total of $500 billion. An oil analyst told Reuters that…
Lower Spending By ConocoPhillips May Mean Higher Oil Prices
The six-month slide in oil prices has driven Houston-based oil and gas giant ConocoPhillips to reduce its capital budget by 20 percent for 2015. The result was an immediate, if…
Ukraine Sends Russia Huge Advance Payment For Gas
Ukraine’s Naftogaz has sent $378.22 million to Russia as advance payment for natural gas supplies, which should lead to the resumption of shipments that were suspended nearly six months ago…
Iran Facing Low Oil Price Reality With Optimism
At a time of plummeting prices for crude, Iran is looking for ways to decrease its dependence on oil revenues to balance its budget. “We need to increase non-oil exports…
Saudis Cut Oil Prices Again In Bid To Maintain Market Share
Saudi Arabia may have led the move to keep OPEC’s crude production high and thereby keep prices low, but that doesn’t mean it isn’t concerned about keeping its share of…
New Study Claims US Shale Gas Quantities Grossly Exaggerated
US government estimates of the amount of natural gas that can be extracted by fracking may be far too optimistic, according to a new study by the University of Texas…
Battered By Low Oil Prices, Venezuela Seeks Foreign Aid
OPEC’s decision last month not to shore up oil prices by cutting production has begun to hurt at least one of its members: Venezuela’s government will cut government spending by…
Nuclear Incident Leaves Doubts Over Ukraine’s Energy Security
Sometimes it seems Ukraine and energy just don’t mix. Its relationship with Moscow, maintained today only for the sake of buying desperately needed Russian gas, is patchy at best.…
Political Will Pushing Energy East Pipeline In Canada
Oil sands in Fort McMurray, Alberta. Alberta Premier Jim Prentice met his Ontario peer Kathleen Wynne Wednesday…
More Sanctions For Russia May Be On The Cards
US Secretary of State John Kerry says the sanctions imposed by his country and the European Union have had the desired effect on Russia’s economy, but they haven’t yet changed…
Chevron, Statoil Announce First Oil Strike In New Gulf Of Mexico Field
Two multinational energy giants, Chevron Corp. of the United States and Norway’s Statoil, have begun extracting oil and gas from the large Jack and St. Malo fields in US waters…
End Of The South Stream Pipeline: Who Are The Winners And Losers
A worker welds pipes during the symbolic start of the construction of the Bulgarian section of the South Stream pipeline…
Baghdad And Kurds Agree Oil Export Deal
The government in Baghdad and Iraq’s semi-autonomous Kurdish regional leadership have agreed on a deal under which the Kurds may export oil, ending a dispute between…
EU Signs Gas Pipeline Deal With Ukraine
The European Union is lending more than $180 million to Ukraine for improving its stretch of a pipeline that ships natural gas from northern Russia to customers in Europe. A…
Bitter Truth About Germany´s Renewable Energy Goals
As an example of the fine pursuit of high ideals, Germany’s drive for clean energy could not be finer. Whether you hold to the majority view regarding the arguments on…
China Will Be The Big Winner In OPEC’s Production Decision
When OPEC decided on Nov. 27 not to reduce production below a nearly 3-year-old cap of 30 million barrels a day, the losers were producers such as the United…
BG Succumb To Shareholder Anger Over New CEO Salary
Evidently the board of BG Group was listening when investor groups complained about a huge pay package for Helge Lund, who is set to become the new CEO of the…
Breakthrough In Wood To Gasoline Research
Researchers at the Netherland’s KU Leuven’s Centre for Surface Chemistry and Catalysis have successfully converted sawdust into building blocks for gasoline. With the invention of a new chemical process, they…
