 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.722 | +0.008 | +0.29% |
|
Bonny Light • 2 days | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 2 days | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 4 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 4 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 4 hours | 85.30 | -0.05 | -0.06% | ||
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Central Alberta • 4 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
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Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Breaking News:
Article Archive | Page 1201
Oil Prices See Biggest Weekly Loss In Six Weeks
Despite a weaker dollar, oil prices are limping lower into the weekend, set for a first weekly decline in six. Next week we get a new month, and an onslaught…
U.S. Oil Rig Count Falls For The First Time In 4 Months
This week’s Baker Hughes report shows a small two-rig decline in the United States oil count, ending what was 17 straight weeks of no-decline in the active rig figure,…
OPEC And The Upcoming Oil Crash: U.S. Producers Are Ready
As warned one month ago after the farcical OPEC meeting in Algiers, the cartel's latest jawboning ploy to keep prices artificially higher - if only for one more month…
Exxon Books 38% Lower Earnings In Q3, Blames Refining Margins
ExxonMobil reported earnings of US$2.65 billion for the third quarter of the year, or US$0.63 per share, largely in line with analyst expectations. The positive result reaffirmed the company’s…
The Beginning Of The End For Europe’s Natural Gas War
Russia’s Gazprom is on the verge of striking a deal with EU regulators to settle a half-decade old dispute over natural gas pricing, and the resolution could change the way…
Will U.S. Oil Exports Help Restore Its Waning Geopolitical Influence?
Since the U.S. lifted its restrictions on crude oil exports in December 2015, a dozen new countries have joined its long-term export partner Canada, which had been exempt from these…
Will Electric Cars Be Cost Competitive By 2020?
The energy market is constantly transforming and advancing the way we use everyday products. Very soon, the internal combustion engines we’ve been accustomed to for over 100 years, may…
Post-ISIS Mosul Awaits Russia vs. Turkey Stand-Off
In early 2015, the United States’ campaign against the Islamic State’s oil resources proved to be ineffective, with the terrorist group recovering quickly from strikes meant to disable its…
Iran’s Crude Exports To Fall Of A Cliff In November
A typically low seasonal demand in Europe will lead to Iran exporting 1.89 million bpd of crude oil next month, the lowest level since July, Reuters reported on Thursday,…
Oil Prices Rally On Saudi Rhetoric
Wax on, wax off; oil prices are rallying after selling off for the last three days, egged on by yesterday's supportive inventory report and the ebb and flow of OPEC…
Saudis, Gulf OPEC Members Offer To Cut 4% Of Oil Output
Just when a potential OPEC deal was looking more like wishful thinking than a reality, sources told Reuters on Thursday that Saudi Arabia and its Gulf OPEC producer allies…
Tesla Q3 Reports Modest Gain On Credits, Faces Tough Road Ahead
Contrary to consensus analyst expectations, Tesla has turned in its second-ever quarterly profit, for July to September, boasting that Q4 would also be in the black—but some analysts remain skeptical…
Will Libya Turn Its Back On The OPEC Deal?
The exploration of oil in Libya began in 1955, four years after the country was declared independent. 40 companies were given an area of 600,000 km2 to explore over ambitious…
Full Scale Oil Price Recovery Unlikely As 5000 DUC’s May Come Online
A backlog of oil wells that have been sitting idle could put renewed pressure on oil prices once the oil starts flowing. Oil prices dipped just below $50 per barrel…
Bankruptcies In Oilfield Services Are Accelerating
Clouds have been clearing for oil producers in the U.S. oil patch, but it looks like things are a bit different in oil field services. In fact, they’re quite a…
Is Nevada Sitting On One Of The Biggest Undiscovered Oil Fields?
Most of the giant oil fields on earth, ''elephants'' are deposited in passive margin shelves like the Paleozoic passive margin shelf of the Great Basin of western Utah and eastern Nevada. These…
Offshore Oil Accounted For 30% Of Global Output In 2015
According to new data from the EIA, global offshore oil production (including lease condensate and hydrocarbon gas liquids) in 2015 was at the highest level since 2010, and accounted for…
Houston Oil and Gas: Cuts and Rehires Indefinitely Frozen
Despite indications that the Houston hemorrhage of oil and gas jobs has slowed down, the two-year old wave of advances in drilling and extraction technologies—pioneered by now-jobless engineers—will prevent rehiring…
Oil Jumps After EIA Reports Draw To U.S. Crude Stocks
The Energy Information Administration reported a draw of 600,000 barrels in U.S. crude oil inventories for the week ending October 21, bringing a shred of calm to the market…
Venezuelan Minister Reveals Non-OPEC Lineup For Output Cut Discussion
OPEC has sent invitations to 12 producing countries that are not members of the organization, to discuss market rebalancing measures a day before OPEC’s official meeting on November 30. The…
