 |
Louisiana Light • 2 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 196 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 9 hours | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 1 day | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 24 hours | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 24 hours | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 24 hours | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 24 hours | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 2 days | 75.71 | +0.60 | +0.80% | ||
|
Oklahoma Sweet • 2 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 2 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 3 days | 83.26 | +0.61 | +0.74% |
Breaking News:
Article Archive | Page 984
Shell Makes Large Deepwater Discovery In Gulf Of Mexico
Shell has made a large deepwater exploration discovery in the U.S. Gulf of Mexico, just 13 miles from its Appomattox project that is expected to start production by the end…
Are Venezuelan And Iranian Oil Exports About To Plunge?
The threat of falling oil supply from both Iran and Venezuela looms large amid geopolitical tension, economic fears and sanctions. All the while, both are scrambling to maintain flows to…
Increasing WTI-Brent Spread Points At Higher Crude Prices
Here’s a new indicator for you: It seems that the difference between the price of oil here and abroad is a measure of tightness in the market, with a rising…
Rosneft Discovers Oil Field In Iraq
Russia’s Rosneft has discovered a new oil field in southwestern Iraq, the company said. The first well in the field, named Salman, was drilled at over 4,000 meters and it…
Permian Growth Is Reaching Its Limits
The Permian isn’t just suffering from a bottleneck for oil, but also for natural gas. In 2016, for instance, gas flows leaving the Permian typically clocked in at about 3.6…
EV Revolution Could Wipe Out $21 Trillion In Oil Revenue
Hardly a day goes by without a research company releasing yet another report forecasting the future of electric vehicles and all related industries, oil included. Some of these are skeptical,…
Mexico’s Oil Sector Set For A Jolt
Several years on from the semi-privatization of its oil sector, Mexico has lined up tens of billions of dollars of potential investment in offshore drilling. But just as the fruits…
Iran: Trump’s Sanctions Can’t Touch Our Oil
As the geopolitical drama between not only Iran and the U.S., but between the U.S. and its EU allies unfolds over Trump’s decision to pull out of the 2015 Iranian…
Norway’s Wealth Fund One Step Closer To Ditching Oil
The world’s biggest sovereign wealth fund, Norway’s US$1-trillion Government Pension Fund Global, has won support from top Norwegian economists and academics for its plan to dump oil and gas stocks.…
Why Southern Company Just Sold Billions In Prime Assets
On May 21, Southern Company, the utility holding company based in Atlanta, with core electric utility franchise areas in Georgia and Alabama, announced a multi-billion dollar asset sale with proceeds…
High Gas Prices May Spoil Driving Season
With the national average gas price continuing its trudge toward $3 a barrel, pushed by rising crude oil prices, GasBuddy is reporting that more Americans are planning stay-cations instead…
OPEC May Ease Oil Cuts As Soon As June
As soon as next month, OPEC may decide to reverse some of the production cuts in place since the beginning of 2017, to respond to supply concerns over plummeting Venezuelan…
Crude, Gasoline Prices Slip On Inventory Build
As crude oil begins to slide back down on talk about a possible easing of the OPEC+ production cuts, the Energy Information Administration added to bearish sentiment by reporting…
Traders See Higher Oil Prices In The Long Term
Oil market participants and analysts have been focused on the front-month oil futures prices that rallied to levels last seen in November 2014, with Brent Crude breaking above $80…
OPEC Could “Relax” Production Cuts
It was only a few weeks ago that top officials from OPEC nations were issuing statements assuring the market that the group’s production cuts would remain in effect through the…
Will The U.S. Push Venezuela Into The Abyss?
Venezuela’s President Nicolas Maduro claimed victory in a low-turnout election that is widely viewed as rigged, raising the threat of more painful sanctions from the United States. But, in a…
Could Venezuela Prompt OPEC To Pump More?
Venezuela’s oil industry is collapsing fast. No wonder then that OPEC is finally talking about perhaps raising production to make up for Venezuela’s overdelivering on production cuts. As Reuters
Dubai To Become Global Leader In Solar Energy
On a recent warm evening in the Dubai desert, government ministers and business leaders gathered to mark a major milestone in solar power, one of worldwide significance. A new phase…
Iran Tensions Send Oil Spiking Again
Oil prices rose on Monday after the U.S. announced a bellicose list of demands on Iran, leaving little chance of a new accord. (Click…
Steel Tariffs Raise Costs For Texas Oil Producers
The imposition of steel import tariffs and quotas will directly burden Texas oil and gas producers with higher costs for oilfield steel goods, which could result in job losses, reduced…
