 |
Louisiana Light • 4 days | 83.45 | -0.94 | -1.11% | ||
|
Bonny Light • 4 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 4 days | 83.79 | -0.44 | -0.52% | ||
|
Mars US • 185 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 14 mins | 2.586 | -0.002 | -0.07% |
|
Bonny Light • 4 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 4 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 4 days | 83.79 | -0.44 | -0.52% |
|
Peace Sour • 20 hours | 71.31 | -0.84 | -1.16% | ||
|
Light Sour Blend • 20 hours | 74.36 | -0.84 | -1.12% | ||
|
Syncrude Sweet Premium • 20 hours | 81.31 | -0.84 | -1.02% | ||
|
Central Alberta • 20 hours | 71.71 | -0.84 | -1.16% |
|
Eagle Ford • 4 days | 74.59 | -0.84 | -1.11% | ||
|
Oklahoma Sweet • 4 days | 74.50 | -1.00 | -1.32% | ||
|
Kansas Common • 7 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 8 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Article Archive | Page 635
Low Prices Put The Brakes On Peru’s Oil Ambitions
One country often ignored when considering Latin America’s regional hydrocarbon sector is the Latin American country of Peru. Over the last two decades, the Andean country has developed…
Europe’s Biggest Coal Nation Could Soon Go Nuclear
Every severe economic crisis shakes the basic foundations of seemingly mainstream policies and ideas and makes one wonder whether the recession’s impact could have been mitigated by timely and ambitious…
The Oil Industry’s Biggest Weakness Is Its Reliance On China
Whenever the commodity cycle reaches a trough, all eyes turn to China. Asia’s biggest powerhouse has through years of explosive growth become the top—or one of the top—importers…
Is U.S. Shale Poised For A Comeback?
It’s been a brutal year for shale. While the sector was already faltering, spurring countless headlines about the death of shale over the past year or so, the…
Oil Falls On Gloomy U.S. Jobs Report
Oil plunged on Thursday morning, after an unexpected increase in weekly U.S. jobless claims added to a cautious view from the Fed about the U.S. economic recovery to weigh on…
Kuwait Is Running Out Of Money To Pay Public Salaries
Kuwait is running out of money for the salaries of public servants and will have no money to cover these after November, the country’s finance minister told parliament. Unless oil…
World’s Largest Offshore Rig Owner Files Bankruptcy
UK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some $6.5 billion of its $7.8-billion debt pile for equity. The…
Is It Time To Buy Canadian Oil Stocks?
Canadian exploration and production companies have not rebounded from the sharp sell-off that took place in the oil patch after the OPEC+ fallout in March and the almost…
Big Oil’s Petrochemical Bet Is A Risky One
Petrochemicals are expected to underpin global oil demand growth in the future as growth in transportation fuels demand is set to slow with the increased use of electric…
Saudi Oil Minister: Oil Demand Could See A 97% Recovery By The End Of 2020
Global oil demand is set to recover to near pre-covid-19 levels by the end of this year, Saudi Arabia’s energy minister Prince Abdulaziz said today prior to the OPEC+ Joint…
Is This The End Of China's Oil Buying Spree?
China’s record-breaking crude oil imports supported oil prices through the late spring and summer when oil demand recovery in the rest of the world had just started and…
Demand For Oil Tankers Plunges As OPEC+ Restricts Exports
Ton-mile demand, a proxy for demand for oil tankers, has slumped in the summer as OPEC’s oil production dropped to a three-decade low and exports were drastically cut as part…
Could The GNA Ever Successfully Control Libya’s Oil?
Introduction The success of the Tripoli-based Government of National Accord (GNA) in forcing the withdrawal of the eastern-based Libyan National Army (LNA) from northwestern Libya has led to…
Europe’s Big Oil Companies Aim To Become Big Energy
Big Oil’s most profitable business is no longer oil. This attention-grabbing headline published by Oilprice.com earlier this month may be dramatic, but it’s…
U.S. Brokerage Faces Lawsuit Over Trades At Negative Oil Prices
E*Trade Securities, one of the largest U.S. brokerages, was slapped with a class-action lawsuit on Tuesday for allegedly failing to disclose proper risks to clients that were burnt by the…
Oil Prices Rebound On EIA Inventory Report
A crude oil inventory draw of 1.6 million barrels sent oil prices higher today, with the Energy Information Administration also reporting a fall in gasoline inventories and a modest…
3 Ways To Play The Coming Oil Boom
With the double negatives of a demand-culling pandemic and wildly declining sentiment trouncing the oil and gas and pushing companies to record lows, with $30 billion in collective debt,…
Trade War Becomes Key Driver For Oil As Elections Near
Although the focus of oil markets in recent months has been on the impact of the COVID-19 pandemic and of the latest Saudi Arabia-instigated oil price war, still bubbling away…
Oil Piracy Has Spiked During COVID Pandemic
The year 2019 marked a crucial milestone in the fight against global maritime piracy. According to the International Maritime Bureau (IMB), global pirate attacks plunged to a 25-year low, with…
UAE’s Oil Major ADNOC Sees ‘Robust’ Return Of Oil Demand
The Abu Dhabi National Oil Company (ADNOC) sees a robust return of oil demand, mainly from China, ADNOC Group’s chief executive Dr. Sultan Ahmed Al Jaber told IHS Markit Vice…
