 |
Louisiana Light • 3 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 2 days | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 3 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 198 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 2 days | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 2 days | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 2 days | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 3 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 2 days | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 2 days | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 2 days | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 2 days | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 3 days | 75.71 | +0.60 | +0.80% | ||
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Oklahoma Sweet • 3 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 3 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 4 days | 83.26 | +0.61 | +0.74% |
Breaking News:
Article Archive | Page 949
Iran Sees Oil Exports Fall By More Than 600,000 Bpd
Iran’s oil customers may have started to drastically wind down purchases of Iranian crude ahead of the U.S. sanctions, with Platts preliminary tanker tracking data showing that in the first…
Oil Prices Jump On Major Crude Draw
Crude oil prices jumped on Wednesday following the Energy Information Administrations’ latest weekly petroleum status report, with the authority confirming a draw in crude oil inventories of 5.8 million…
Spending Boost Fails To Raise Production In The Permian
The U.S. shale industry is gearing up to spend more this year, despite assurances to maintain capital discipline. In the second quarter, shale companies signaled their intention to lift capex.…
This Vital Oil And Gas Choke Point Could Be At Risk
Beijing is taking to task a Pentagon report, ”Military and Security Developments Involving the People’s Republic of China 2018” released last Thursday on China’s military activities. The annual report…
Chinese Oil Futures Remain High-Risk Endeavour
When the long-awaited yuan-denominated oil futures launched earlier this year, opinions were split: one camp argued with passion that the days of the petrodollar were numbered, its demise a certainty.…
The Next Major Challenge For Norway’s Oil Industry
The next challenge for Norway’s oil industry may not come from another oil price crash. It could come from a political uncertainty over which new areas Western Europe’s biggest oil…
Brazil’s Opposing Energy Views
Brazil’s energy industry seems to be caught in a moment of deep ambivalence--on one side of the issue, they are breaking records in terms of renewable resources and green energy;…
Oil Edges Higher On Iran Fears
Oil prices rose slightly on Tuesday morning as analysts think that reduced supply from Iran could have a more significant impact on oil markets than previously thought.
Indonesia Books Sharp Drop In Oil Imports
Indonesia recorded a substantial decline in crude oil imports in June, official statistical data quoted by S&P Global Platts showed, as the country boosted domestic production. At 833,630 metric…
Venezuela Takes Unprecedented Action To Stabilize Currency
As previewed yesterday, on Monday Venezuela officially slashed five zeros from prices and its currency as part of what has been dubbed one of the greatest currency devaluations in history which slashed…
Texas Exports More Oil Than It Imports For First Time Ever
The Texas Gulf Coast oil terminals sent abroad more crude than they received in April, the Energy Information Administration said this week. During that month, crude oil exports from…
What Caused Oil’s Longest Losing Streak In Years?
Oil prices seemed to have leveled off after seven consecutive weeks of weekly declines, the longest streak in years. But the next steps are unclear. In the battle over the…
Oil Markets Are In For A Bumpy Ride
The always-volatile oil market is set for even more volatility over the next two years as investors and speculators try to make sense of the conflicting market forces determining the…
PDVSA Settles With ConocoPhillips In Desperate Bid to Stop Decline
PDVSA settled with ConocoPhillips on Monday over an outstanding debt issue, a move that the Venezuelan oil company surely hopes will give it some breathing room even as the…
Trump Administration Embraces Energy Dominance Agenda
The United States no longer needs to conserve oil as domestic production increases have reduced the need for imports. As a result, the United States has been given “more flexibility…
New Gulf Of Mexico Leases Raise Concerns
The Trump administration on Wednesday held a new auction for offshore drilling in the Gulf of Mexico (GOM), yielding some $178 million in winning bids, a slight improvement from…
Why Mexico’s Oil Production Could Fall Even Further
Mexico oil production is in decline though, at the moment, not as steep as it was expected to be (at least by me – IEA predictions are closer). Data is…
The Never-Ending Battle For Libya’s Oil Crescent
The recent turmoil in Libya’s Oil Crescent – a region which stretches along the coast from Sirte to Ras Lanuf, and which extends down to the Jufra district – has…
Iran’s Warning To OPEC: No One Can Overtake Our Oil Quota
“No country can overtake the production and export quotas of other member states under any circumstances,” Iran’s permanent envoy to OPEC, Kazem Gharibabadi, said this weekend, reiterating a message…
Saudi Investment Fund Eyes Tesla Rival
Saudi Arabia’s sovereign wealth fund may buy an electric car maker competing with Tesla in the luxury car segment, Reuters reports, citing unnamed sources. According to them, the talks…
