 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 21 hours | 84.86 | -0.57 | -0.67% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.604 | +0.007 | +0.28% |
|
Bonny Light • 21 hours | 84.86 | -0.57 | -0.67% | ||
|
Girassol • 21 hours | 85.78 | -0.59 | -0.68% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 20 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 20 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 20 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 20 hours | 72.60 | -2.93 | -3.88% |
|
Eagle Ford • 2 days | 75.48 | -2.93 | -3.74% | ||
|
Oklahoma Sweet • 2 days | 75.50 | -2.75 | -3.51% | ||
|
Kansas Common • 3 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 4 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 1078
China’s Petrol-Powered Car Ban Could Cripple The Oil Market
China is joining the UK, France, and Norway in banning vehicles powered by fossil fuels. If China, the world’s largest new vehicle market with sales of 28.03 million units last…
Oil Prices Rise As OPEC Oil Production Declines In August
OPEC’s crude oil production declined in August thanks to Saudi Arabia cutting more from its production, a person familiar with the figures told Bloomberg, adding the information came from…
Can North Korea Survive An Oil Embargo?
The United States has recently suggested a global oil embargo against North Korea, something both China and Russia oppose. The DPRK’s neighbours to the north support UN sanctions against Pyongyang,…
The Mining Sector In This Troubled Nation Just Collapsed
Tanzania’s mining sector has been in chaos lately. With the government escalating attacks on local gold, copper and gems producers over the last several months. And this week, things hit…
Unknown Oil & Gas Deal Just Changed The Global Energy Balance
One of the biggest energy stories this year has been Russia’s Rosneft buying India’s Essar Oil — giving the Russian company a firm grip on one of the world’s biggest
How OPEC Was Hurt By The Hurricanes
Hurricane Irma was downgraded to a tropical storm early Monday, although it is still bringing floods and damage to much of Florida as it makes its way north, leaving…
Middle-East Tensions Soar After Critical Phone Call
One phone call can change a geopolitical landscape. The last bilateral contact between the Emir of Qatar Tamim Bin Hamad and Saudi Crown Prince Mohammed Bin Salman last Friday is…
Aramco Valuation Comes Under Scrutiny
Saudi Crown Prince Mohammed bin Salman says Saudi Aramco should be valued at $2 trillion for its initial public offering, but its true value will only be known when the…
The Two Nations Leading The Wind Power Race
China and the UK have teamed up to develop the next generation of offshore wind power capacity, with a focus on identifying the best locations for the new installations and…
97-Year-Old Law May Be The Cause Of Higher Gas Prices
It's become typical for gas prices to spike before and after major hurricane landfalls. The national average gasoline price jumped more than 30 cents per-gallon in the week following Hurricane…
Should OPEC Extend The Production Cut Deal?
Saudi Arabia’s Energy Minister Khalid al-Falih has discussed with his Venezuelan and Kazakhs counterparts the option of extending the crude oil production cut deal beyond the March 31, 2018 deadline,…
Goldman: Harvey, Irma Cause 900,000 Bpd Drop In Demand
In the wake of the hurricanes Harvey and Irma, oil demand is expected to drop by some 900,000 bpd this month, Goldman Sachs said on Monday. “Irma will…
Russia’s Rosneft Expects $40 Oil In 2018
Russia’s largest oil producer, Rosneft, expects oil prices to average between $40 and $43 per barrel next year, and is preparing for such prices, Rosneft’s CEO Igor Sechin told TV…
World’s Largest Car Market Turns To Electric Vehicles
China is preparing to announce the date from which internal combustion engine car sales will be banned, joining Norway, France, and the UK, among others, that have declared a complete…
Can WTI Break Out Of The High $40s?
The most likely case is that WTI will remain stuck in the upper $40 to lower $50 range through December 2017. Comparative inventories have fallen dramatically since mid-February yet oil…
Is It Time For OPEC To Turn The Taps Back On?
Russia’s Energy Minister Alexander Novak said earlier this week that he’d spoken with his Saudi counterpart about the possibility of another extension to the OPEC-non-OPEC crude oil production deal;…
Refiners Boost Output, But Irma Could Dent Demand
Texas continues to recover from Hurricane Harvey, and many of the disrupted refineries are ramping up production once again. But the ripple effects from the outages are still being felt,…
The U.S. Oil Patch Has A Serious Cybersecurity Problem
Cybersecurity firm Symantec reports that dedicated hackers have been able to control operational software at American and European oil and gas companies, according to a new report by CNBC.…
Russia’s Big Bet On Kurdish Oil
In June 2017, Kurdistan Regional Government (KRG) and Russian energy behemoth Rosneft signed several cooperation, investment and production sharing agreements regarding hydrocarbon exploration, production, infrastructure, logistics and trading. Rosneft also…
Hurricane Season Weighs On Gulf Of Mexico Production
Production Production for June by BOEM was 1631 kbpd and by EIA 1636, compared with 1673 and 1659 kbpd, respectively, in May. The decline was mostly from Thunder Horse going…
