WTI Crude •12 mins	72.25	+0.17	+0.24%
Brent Crude •1 hour	80.53	+2.29	+2.93%
Natural Gas •10 mins	3.035	+0.006	+0.20%
Mars US •1 hour	75.08	+1.90	+2.60%
Opec Basket •4 days	77.08	-0.05	-0.06%
Urals •18 hours	76.38	+0.00	+0.00%
Louisiana Light •4 days	77.05	-0.52	-0.67%

	Louisiana Light • 4 days	77.05	-0.52	-0.67%
	Bonny Light • 18 hours	81.30	+1.82	+2.29%
	Mexican Basket • 4 days	69.53	+0.65	+0.94%
	Natural Gas • 10 mins	3.035	+0.006	+0.20%
Click Here for 200+ Global Oil Prices

Click Here for 200+ Global Oil Prices

Marine •18 hours	78.19	+1.19	+1.55%
Murban •18 hours	80.84	+1.20	+1.51%
Iran Heavy •18 hours	75.16	+1.78	+2.43%
Basra Light •18 hours	79.97	+2.33	+3.00%
Saharan Blend •18 hours	80.20	+1.82	+2.32%
Bonny Light •18 hours	81.30	+1.82	+2.29%

	Bonny Light • 18 hours	81.30	+1.82	+2.29%
	Girassol • 18 hours	80.77	+1.89	+2.40%
	Opec Basket • 4 days	77.08	-0.05	-0.06%
OPEC Members Monthly
Click Here for 200+ Global Oil Prices

Click Here for 200+ Global Oil Prices

Canadian Crude Index •16 mins	38.99	+0.00	+0.00%
Western Canadian Select •4 days	29.78	-0.54	-1.78%
Canadian Condensate •4 days	60.78	-0.54	-0.88%
Premium Synthetic •4 days	70.93	+0.46	+0.65%
Sweet Crude •4 days	48.78	-2.29	-4.48%
Peace Sour •4 days	47.78	+0.46	+0.97%

	Peace Sour • 4 days	47.78	+0.46	+0.97%
	Light Sour Blend • 4 days	59.78	+0.46	+0.78%
	Syncrude Sweet Premium • 4 days	56.53	+0.46	+0.82%
	Central Alberta • 4 days	49.78	+0.46	+0.93%
Click Here for 200+ Global Oil Prices

Click Here for 200+ Global Oil Prices

Louisiana Light •4 days	77.05	-0.52	-0.67%
Domestic Swt. @ Cushing •18 hours	68.75	+1.50	+2.23%
Giddings •18 hours	62.50	+1.50	+2.46%
ANS West Coast •5 days	78.16	-0.56	-0.71%
West Texas Sour •18 hours	66.03	+1.30	+2.01%
Eagle Ford •18 hours	69.98	+1.30	+1.89%

	Eagle Ford • 18 hours	69.98	+1.30	+1.89%
	Oklahoma Sweet • 18 hours	68.53	+1.30	+1.93%
	Kansas Common • 4 days	61.00	+0.00	+0.00%
	Buena Vista • 4 days	78.29	-0.02	-0.03%
Click Here for 200+ Global Oil Prices

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All Charts

20 mins India Looks To Cut Crude Imports As Oil Prices Rally
3 hours Libya’s Oil Production Hits Highest Since 2013
6 hours OPEC, Russia Dash Hopes Of Higher Oil Production
9 hours South Korea Has Bought No Iranian Oil In Three Months
3 days Canada Orders New Review Of Trans Mountain Pipeline In Bid To Revive Project
3 days Tesla Signs Lithium Supply Deal With China’s Biggest Producer
3 days Trader Trafigura Beefs Up Crude Oil And Product Tanker Fleet
3 days Emirati Oil Co. Begins Hoarding Jet Fuel
3 days Reliance Shuts Down Oil Field On Production Decline
3 days Mexico Needs to Produce More Gas to Ensure Supply Security
3 days Pemex, Talos Strike Deal To Evaluate Overlap Of Two Blocks
4 days East Coast Refiners Get More Gulf Coast Oil By Tanker, Barge
4 days U.S. Looks To Find Alternatives To Iranian Oil For Allies
4 days Blockade At Oil Field In Libya Could Shut In Production
4 days Exxon, Chevron, Occidental Join Oil And Gas Climate Initiative
4 days Iraq Oil Exports From South Close To Record-High
4 days Japanese Refiners Stop Buying Iran Oil Ahead Of Sanctions
4 days Canada Transport Ministry Fast-Tracks Crude Oil Rail Car Phase-Out
5 days Russia’s Peak Oil Production Could Be Just Three Years Away
5 days Energy, Banking Majors Launch Blockchain Oil Trading Platform
5 days Putin Gives Chechnya An Oil Company
5 days Ultra Light Texas Oil Could Replace Iran’s Sales To Asia
5 days Mexico Begins Oil Contract Review
5 days Iranian Hackers Step Up Attacks On Energy Firms
5 days China Slaps Tariffs On U.S. LNG, Threatens Export Growth
6 days Oil Prices Up Despite Crude Build
6 days Russian Exchange Launches Oil Trade In Crimea
6 days Aramco To Spend $133B On Drilling Over The Next Decade
6 days Russia’s Energy Minister Sees Oil At $50
6 days China's Diesel Demand Reaches Peak
6 days Saudi Arabia To Invest $1 Billion In Tesla Rival
6 days Investors Flock To U.S. Oil And Gas Lease Sale
7 days U.S. Looks To Export LNG To Germany
7 days Petrobras Aims To Cut Debt Further, Boost Oil Production In 2019
7 days Novak: OPEC, Russia To Discuss All Possible Production Scenarios
7 days This IPO Could Be The Largest Oil Firm Listing In A Decade
7 days Cheniere Signs 15-Year LNG Deal With Commodity Trader Vitol
7 days Russia And Saudi Arabia Confirm Long-Term Oil Partnership
7 days Power Demand Rebounds As Hurricane Florence Passes
7 days Tesla To Repair Its Own Cars After Accidents

5 minutes THE GREAT OIL PRICE PREDICTION CHALLENGE OF 2018
8 minutes So oil touched $80! (WTI break $71 twice). What does the future hold?
14 minutes China Tariff Threatens U.S. LNG Boom
2 hours Global Hunger Continues to Grow Driven By Climate Change
11 hours Threat: Iran warns U.S, Israel to expect a 'devastating' revenge
2 hours Tesla’s Powerpack Battery in Australia Made up to $17 Million
5 hours Will Robots Bring The Demise Of European Artistry?
17 hours Praise for Alberta
42 mins Downloadable 3D Printed Gun Designs, Yay or Nay?
46 mins Why Are the Maldives Still above Sea Level?
6 hours Nothing new in Middle East? Iran Puts On 'Show Of Strength' Military Exercise In Gulf
10 hours Saudi Aramco IPO Seems Unlikely
23 hours Lack of Global Warming Messes with Russian Arctic LNG Plans
1 day Regime For Regime: China Says Willing To Provide Venezuela With What Help It Can
1 day Freedom Of Internet: Google Plans Censored Version Of Search Engine In China!
5 hours Permian already crested the productivity bell curve - downward now to Tier 2 geological locations

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India Looks To Cut Crude Imports As Oil Prices Rally

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Charles Kennedy

Charles Kennedy

Charles is a writer for Oilprice.com

Latest articles from Charles

Element 23 Could Disrupt $90 Billion Energy Niche

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Forget everything you think you know about the energy storage market. And especially forget about lithium, last year’s “white petroleum.” It could be about to…
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Utah holds the largest reserves of oil sands in the United States, but up until now, no company had the technology to exploit these vast…
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As Elizabeth Taylor once said: “I adore wearing gems, but not because they are mine. You can't possess radiance, you can only admire it.” It’s…
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Oil prices are cratering after the IEA said that global oil demand is actually much weaker than everyone thought. The IEA lowered its demand forecast…
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Oil giant Saudi Aramco is reportedly considering offering shares to citizens of Saudi Arabia as it prepares for an initial public offering that could be…
Russia Sanctions Scandal Only Begins With Flynn’s Resignation

Published 15 February 2017 | viewed 8,604 times

The resignation of General Michael Flynn after only 24 days as national security advisor over secret conversations with a Russian diplomat may only be the…
Pipeline Approvals Could Put A Ceiling On Gas Prices

Published 09 February 2017 | viewed 15,407 times

Two new pipelines to be built over the next 12-18 months are likely to bring down natural gas prices on the U.S. market just when…
Dubai State Oil Company Loses 10% In Turnover In Oil Price Dip

Published 06 February 2017 | viewed 5,996 times

Dubai-based state-owned Emirates National Oil Company (ENOC) has reported a nearly 10-percent year-on-year drop in turnover as a result of depressed oil prices, the company…
Kuwait Slashes Oil Production To 2.707M BPD On OPEC Accord

Published 06 January 2017 | viewed 27,106 times

Kuwaiti officials say the OPEC-member country has reduced oil production this month to around 2.707 million barrels per day, in line with the targeted amount…
Republican Senator Says ‘No’ To Tearing Up Iran Nuclear Deal

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Senate Foreign Relations Committee Republican Chair Bob Corker says President-elect Donald Trump should not and would not reverse the nuclear deal with Iran. Speaking to…
OPEC Oil Output Falls From Record Highs

Published 05 January 2017 | viewed 16,843 times

A newly released survey by Reuters indicates that OPEC oil output in December fell from its record high - for the first time since May…
600 Hundred Arrested And 1 Dead As Mexican Gas Price Protests Intensify

Published 05 January 2017 | viewed 11,584 times

Some 600 people have been arrested, one policeman killed and around 300 stores looted as protests intensify in Mexico following the weekend decision to hike…
API Reports A Major Crude Oil Draw

Published 04 January 2017 | viewed 33,205 times

The American Petroleum Institute (API) has reported a sizable draw on U.S. crude oil inventories, down 7.4 million barrels over the previous week—a much larger…
As OPEC Cuts Take Effect, South Sudan Plans Output Increase

Published 03 January 2017 | viewed 10,761 times

War-torn South Sudan says it will increase oil production on the heels of an OPEC deal that promises to push global oil prices upwards for…
U.S. Exports Record Level Of Refined Products

Published 31 December 2016 | viewed 11,591 times

U.S. refiners continue to expand their footprint, exporting record volumes of product abroad. The U.S. refining complex exported nearly 4 million barrels per day of…
Plunging Natural Gas Inventories Pull Prices Even Higher

Published 30 December 2016 | viewed 19,200 times

Natural gas markets have experienced a dramatic change in just the past two months, upending forecasts about a protracted period of oversupply. The EIA reported…
Oil & Gas IPO’s To Spike in 2017

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2017 could be a banner year for oil and gas companies who are looking for fresh equity. According to Tudor Pickering Holt & Co., as…
The End Of The Oil And Gas Bankruptcy Wave

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Even as oil prices are rebounding, we are closing out one of the worst years for the oil and gas industry in decades. In 2016,…
Natural Gas Drillers Rush To Hedge Production As Prices Soar

Published 28 December 2016 | viewed 15,757 times

Natural gas prices are soaring on cold weather and falling production, spreading optimistic conditions for gas producers for the first time in years. Natural gas…
Egypt Signs Oil & Gas Deals, Plans To Jump Start Drilling

Published 28 December 2016 | viewed 8,352 times

Egypt has signed several large deals with a handful of oil majors, which could lead to more oil and gas production in the energy-starved nation.…

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