 |
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 • 18 mins | 2.590 | +0.002 | +0.06% |
|
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 • 18 hours | 71.31 | -0.84 | -1.16% | ||
|
Light Sour Blend • 18 hours | 74.36 | -0.84 | -1.12% | ||
|
Syncrude Sweet Premium • 18 hours | 81.31 | -0.84 | -1.02% | ||
|
Central Alberta • 18 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 951
Lithium Plunging As Chinese EV Production Slows
Changes to Chinese subsidies for hybrid and battery-powered vehicles – or new energy vehicles in local parlance – that came into effect mid-June are already having a dramatic impact. According…
Canada’s Economic Recovery Is Being Driven By Oil
Canada’s gross domestic product grew at a faster pace than forecast in May, led by the oil and gas industry and more specifically, oil sands. Statistics Canada reported that…
Russia Reverses Almost All Its Oil Production Cuts
Russia opened the spigots in July and pumped its highest level of oil since the OPEC+ agreement entered into force in January 2017. At 11.215 million bpd, Russia’s oil…
A New Booming Market For U.S. Crude Exports
The VLCC Tianjin left the Corpus Christi lightering zone in the Gulf of Mexico on June 19 with nearly 2.1 million barrels of US WTI / Midland WTI crude on…
Brazil Reports Record Oil Exports
Crude oil exports from Brazil hit an all-time high in July, at 8.1 million tons, which was a 50-percent increase on the year and a threefold improvement on the month,…
Mexico's Next President Will Pour Billions Into Oil
Mexico’s national oil company is about to receive an injection of cash. Incoming President-elect Andres Manuel Lopez Obrador, or AMLO, has promised to invest around 175 billion pesos ($9.4 billion)…
The Next Trade War Escalation Will Hit U.S. Oil
The Trump administration is considering another ramp up of the trade war with China, a move that could begin to rattle the global economy. The Wall Street Journal reports…
The Winners And Losers This Earnings Season
Higher oil prices this year boosted the earnings of all five Big Oil firms in the second quarter, but despite the increased profits, not all five oil supermajors—Exxon, Chevron, Shell,…
Russia’s High Risk Global Oil Strategy
The energy industry is highly sensitive to U.S. sanctions due to the petrodollar being the single most important currency in global trade. Washington is able to exert significant influence by…
U.S. Oil Production Isn’t Growing As Fast As Expected
U.S. crude oil production is growing, but at a slower pace than predicted. American oil production in May actually inched down from April by 0.3 percent, according to EIA’s Monthly…
Exxon’s Shocking Supply And Demand Predictions
Here are the latest oil production numbers from the EIA. All data is in thousand barrels per day unless otherwise noted. (Click to…
Was The Aramco IPO Destined To Fail?
Since late 2016 the financial media has been abuzz about what would likely be the biggest initial public offering (IPO) ever: The sale of 5 percent of the world's largest…
Kuwait Oil Production Hits 18-Month High
Kuwait is pumping crude at a daily rate of 2.8 million barrels, the most since December 2016, the country’s oil minister Bakheet al-Rashidi said today as quoted by S&P…
Oil Prices Fall After EIA Confirms Crude Inventory Build
After yet another surprise report—this time of an inventory build—from the American Petroleum Institute weighed on prices yesterday, the Energy Information Administration confirmed a build, reporting U.S. crude…
Is A Supply Crunch In Oil Markets Inevitable?
The oil industry is more profitable than at any time in years, yet the industry could fail to supply enough oil to meet global demand in just a few years’…
China Sets Up EV Battery Recycling Scheme
While scores of research labs around the world look for ways to replace lithium-ion batteries with cheaper and more reliable alternatives, China has started a pilot EV battery recycling program…
U.S. Military Bases In Europe Depend On Russian Energy
As Russia aims to tighten its grip over European energy supply, especially in natural gas with the controversial Nord Stream 2 pipeline project, Europe’s energy dependence on Moscow is a…
PetroChina Sees Huge Boost In Profit
It’s a plight that affects all international oil majors, ranging from UK-based BP, to Irving Texas-based ExxonMobil, the world’s largest publicly traded oil company, to China’s state-owned oil and gas…
Analysts See WTI Oil Price Averaging $67 This Year
WTI Crude prices are expected to average $67.32 per barrel this year, and hold steady and range-bound for the rest of 2018 and 2019, as increased supply from OPEC and…
Oil Prices Seesaw As Uncertainty Grips Markets
Oil prices fell on Tuesday as both WTI and Brent look set to close out July with the biggest monthly loss in over a year.
