 |
Louisiana Light • 2 days | 84.25 | -2.54 | -2.93% | ||
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% | ||
|
Mars US • 181 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.602 | +0.006 | +0.22% |
|
Bonny Light • 2 days | 85.43 | -2.61 | -2.96% | ||
|
Girassol • 2 days | 86.37 | -2.70 | -3.03% | ||
|
Opec Basket • 2 days | 87.17 | -1.55 | -1.75% |
|
Peace Sour • 16 hours | 72.20 | -2.93 | -3.90% | ||
|
Light Sour Blend • 16 hours | 75.25 | -2.93 | -3.75% | ||
|
Syncrude Sweet Premium • 16 hours | 82.20 | -2.93 | -3.44% | ||
|
Central Alberta • 16 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 1080
Is This The Newest Nuclear Player In The Middle East?
Uranium prices continue to hover at multi-year lows, currently going for $20 per pound. But some global buyers see an opportunity in the current market crisis. With one of the world’s…
Oil Prices Steady Amid Rising Crude Inventories
As refineries along the Gulf Coast slowly resume normal operations, there was no surprise in this week’s EIA inventory report: a build of 4.6 million barrels of crude oil. The…
OPEC Fails To Cut Oil Exports Below 2016 Levels
OPEC exported 25.19 million bpd of crude oil last month, the lowest since April this year, Thomson Reuters Oil Research said, but the eight-month average for the year to…
What Happens If The OPEC Deal Expires?
OPEC appears to be nervous that its production cut deal will once again fall short, and the group is already discussing the possibility of yet another extension. While the aftermath…
North Korean Sanctions May Hurt China’s Oil Giants
Tensions over North Korea’s flexing of its nuclear capabilities over the past few months reached a new peak last weekend when Pyongyang conducted its sixth and most powerful nuclear…
Oil Markets Need To Plan For EV Dominance
There will be more than a billion electric vehicles on the road by 2050, according to Morgan Stanley, adding one more voice to notion that the EV revolution is coming.…
How Vulnerable Are Oil Markets To Extreme Weather?
Last week, Hurricane Harvey made landfall in the United States and for days disrupted the national energy industry. Refineries were closed, pipelines shut down, tankers held out to sea. The…
Can NAFTA Protect Big Oil From Mexico’s Populist Movement?
The second round of NAFTA negotiations that concluded yesterday in Mexico City sought ways to enshrine the 2014 energy sector reforms that the Enrique Pena-Nieto government had launched to…
The Single Most Important KPI For Oil & Gas Companies
It is no secret that the CEOs, owners, shareholders and creditors are curious to know how a company is progressing. If there was only one KPI that could measure the…
Is The U.S. Over-Reliant On Gulf Oil Production?
This week we covered the impact on the automotive industry of Hurricane Harvey and the likely boost to demand that will come from the replacement of used and new vehicles damaged…
Putin Reluctant To Cut Off North Korean Oil Supplies
Amid rising tension over North Korea’s nuclear tests, South Korea’s president has pleaded with Russia to help it with its push to cut off oil supplies to Pyongyang’s regime, but…
Libya Resumes Production At Largest Field Amid Rising Oil Prices
Libya’s largest oil field, Sharara, will resume production following a two-week halt, after a pipeline blockade ended yesterday. This is what an unnamed source from Libya’s oil industry told…
Hurricane Irma Could Destroy Oil Demand
About half of the shuttered refining capacity along the Gulf Coast could be back up and running by Thursday, assuaging concerns about the possibility of acute gasoline shortages in much…
Aramco Looks To China Ahead Of IPO
Saudi Arabia is getting ready to list 5 percent of its crown jewel—state oil firm Aramco—in what could be the biggest IPO ever. The Saudis claim that the whole company…
Can Russia Develop Its Shale Reserves?
Russia’s tight oil will play an increasingly important role in its oil output, underpinned by the fact that 20 percent of its current reserves already belong to the “tight” category.…
Tesla’s New Frontier: Batteries And Wind
To power Tesla’s electric car empire, the company has joined hands with Vestas, a top wind turbine manufacturer, to create a storage system that would make power generated from…
Harvey’s Long-Term Impact On Oil Markets
The tropical storm formerly known as Hurricane Harvey continues to dump copious amounts of rain on the Houston area. As a former Houston resident who lived there during the massive…
Oil Markets Rebound After Hurricane Harvey
As the Gulf Coast recovers from Hurricane Harvey, another major hurricane may be right around the corner, spelling further trouble for energy markets. (Click to…
OPEC Deal Could Be Extended Beyond March 2018
The crude oil production cut deal that OPEC, Russia, and several other producers agreed to late last year could get yet another extension. This extension would push the deal beyond…
In A Bold Move, Saudis Raise Crude Prices For Asia
Saudi Arabia’s Aramco said yesterday that it will raise the October price of its Arab Light crude oil blend for Asian clients by US$0.55 a barrel to a premium…
