Louisiana Light • 3 days | 72.39 | +1.98 | +2.81% | |||
Bonny Light • 2 days | 75.19 | +1.17 | +1.58% | |||
Opec Basket • 3 days | 72.79 | -0.28 | -0.38% | |||
Mars US • 2 days | 71.39 | +1.89 | +2.72% | |||
Gasoline • 2 days | 2.501 | +0.065 | +2.65% |
Bonny Light • 2 days | 75.19 | +1.17 | +1.58% | |||
Girassol • 2 days | 77.03 | +1.40 | +1.85% | |||
Opec Basket • 3 days | 72.79 | -0.28 | -0.38% |
Peace Sour • 2 days | 64.35 | +2.01 | +3.22% | |||
Light Sour Blend • 2 days | 65.65 | +2.01 | +3.16% | |||
Syncrude Sweet Premium • 2 days | 74.60 | +2.01 | +2.77% | |||
Central Alberta • 2 days | 63.95 | +2.01 | +3.25% |
Eagle Ford • 3 days | 66.58 | +2.01 | +3.11% | |||
Oklahoma Sweet • 3 days | 66.50 | +2.50 | +3.91% | |||
Kansas Common • 4 days | 58.25 | -1.50 | -2.51% | |||
Buena Vista • 12 days | 76.15 | -1.09 | -1.41% |
This year, the U.S. plans…
Gasoline prices have ticked up…
Spainâs government is concerned that Repsol-YPF, Spainâs largest oil company could revert to foreign ownership.
Madridâs concerns have been heightened by recent international market trades that have resulted in 30 percent of Repsolâs voting bloc being acquired by Mexicoâs Petroleos Mexicanos state oil monopoly Pemex and construction company Sacyr Vallehermoso.
Spanish Industry Minister Miguel Sebastian said in an interview with Cadena Ser radio that the way to ensure Repsolâs âSpanishnessâ is for the majority of shareholders to be Spanish, as the case now with Sacyr holding 20 percent and savings bank La Caixa 12.8 percent.
Sebastian added that Pemex officials told him in a meeting to discuss the voting deal with Sacyr that Mexico reputedly had no interest in taking control of Repsol-YPF, stating, âThey gave me assurances that this operation would in no way put the companyâs at risk,â adding that Repsol-YPF had arrangements with other companies, including Brazilâs Petrobras â âalso state-run and foreignâ â and that is fine âas long as the companyâs Spanishness is not at risk.â Pemex reported that a key element of its agreement with Sacyr is to expand its operations globally.
By. Joao Peixe, Deputy Editor OilPrice.com
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