 |
WTI Crude •1 day | 54.04 | +1.68 | +3.21% |
|
Brent Crude •1 day | 62.70 | +1.52 | +2.48% |
|
Natural Gas •1 day | 3.239 | +0.065 | +2.05% |
|
Mars US •1 day | 58.80 | +1.73 | +3.03% |
|
Opec Basket •3 days | 59.63 | +0.00 | +0.00% |
|
Urals •3 days | 59.88 | +1.45 | +2.48% |
|
Louisiana Light •3 days | 59.18 | +0.00 | +0.00% |
|
Marine •2 days | 61.04 | +0.93 | +1.55% |
|
Murban •2 days | 62.64 | +1.17 | +1.90% |
|
Iran Heavy •2 days | 54.80 | +1.55 | +2.91% |
|
Basra Light •2 days | 63.35 | +1.71 | +2.77% |
|
Saharan Blend •2 days | 62.30 | +1.87 | +3.09% |
|
Bonny Light •2 days | 63.78 | +2.02 | +3.27% |
|
Canadian Crude Index •1 day | 40.83 | +0.00 | +0.00% |
|
Western Canadian Select •11 days | 44.51 | +0.05 | +0.11% |
|
Canadian Condensate •14 days | 49.51 | +0.05 | +0.10% |
|
Premium Synthetic •14 days | 52.36 | +0.05 | +0.10% |
|
Sweet Crude •14 days | 45.51 | +0.05 | +0.11% |
|
Peace Sour •14 days | 44.86 | +0.05 | +0.11% |
|
Louisiana Light •3 days | 59.18 | +0.00 | +0.00% |
|
Domestic Swt. @ Cushing •2 days | 50.25 | +1.75 | +3.61% |
|
Giddings •2 days | 44.00 | +1.75 | +4.14% |
|
ANS West Coast •4 days | 61.32 | +0.44 | +0.72% |
|
West Texas Sour •2 days | 47.75 | +1.73 | +3.76% |
|
Eagle Ford •2 days | 51.70 | +1.73 | +3.46% |
Oxford Business Group
Oxford Business Group (OBG) is a global publishing, research and consultancy firm, which publishes economic intelligence on the markets of the Middle East, Africa, Asia and Latin America and the Caribbean. Every business intelligence article and report is based on in-country research by experienced analysts.
Latest articles from Oxford Business Group
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Falling Oil Prices Threaten Saudi Economic Growth
In October the IMF revised its forecast for Saudi economic growth in 2018 and 2019, predicting GDP would increase by 2.2 percent and 2.4 percent,…
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Ghana’s Energy Industry Becomes A Boon For The Economy
On October 15 President Nana Akufo-Addo announced the opening of the country’s first open and competitive round of bidding for energy exploration licences, with three…
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Qatar Looks To Revitalize Trade Amid Embargo
On November 7 Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, the deputy prime minister and minister of foreign affairs, announced that Doha was looking…
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Wind, Solar Could Help Oman Meet Energy Goals
On October 29 Petroleum Development Oman (PDO) announced it had contracted Omani-Japanese joint venture Marubeni Consortium to develop a 100-MW solar photovoltaic (PV) power plant.…
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Ivory Coast Pivots Towards Renewables
Côte d’Ivoire is moving forward with plans to build its first biomass power stations, part of wider efforts to respond to rising domestic energy demand…
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Energy Earnings Pull Trinidad And Tobago From Recession
Presented on October 1 by Colm Imbert, the minister of finance, the 2019 budget forecasts GDP to increase by 1.9 percent this year before rising…
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Myanmar To Auction Off 31 New Oil And Gas Blocks
On August 30 the Ministry of Electricity and Energy (MoEE) announced it would be opening fresh rounds of bidding for oil and gas blocks in…
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Nigeria Doubles Down On Mini-Grids
The development potential of Nigerian mini-grids – generation and distribution systems capable of supplying up to 1 MW of capacity from renewable sources, independent of…
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Saudis Expand Mining Sector As Part Of Diversification Push
Mining grew by 6.3 percent year-on-year (y-o-y) in the first quarter of 2018, according to data issued by the General Authority for Statistics on July…
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Peru Looks To Boost Energy Investment With Legislative Reform
Peru’s Congress is to consider legislation reforming the hydrocarbons sector, with the updated law forecast to increase investment in the sector, while reinforcing environmental protection…
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Colombia Profits From Oil Boom, But Challenges Remain
Colombian energy sector expands on the back of higher oil prices and investment Rising oil prices and increased efficiencies have led to significant growth for…
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Ghana Boosts Natural Gas Production
In early July energy firm Eni Ghana Exploration and Production announced it has commenced gas production at the Sankofa fields, part of the $7.9bn Offshore…
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Kuwait Halts Tax Plan As Oil Prices Rise
Following a Budgets and Final Accounts Committee meeting on May 14, the National Assembly confirmed the revised timeline for the VAT introduction, citing a lack of…
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Abu Dhabi To Auction Oil And Gas Exploration Concessions
On April 10 the Abu Dhabi National Oil Company (ADNOC) unveiled detailed plans for its first competitive exploration and production bid round. In total, the…
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Mexico Opens Last Round Of Oil Bidding Before Election
The latest round of open bidding for exploration rights in Mexico’s energy sector received mixed interest, with two further rights sales to take place later…
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Abu Dhabi Steps Up Privatization Push
On February 27 Mubadala Investment Company, which plays a key role in Abu Dhabi’s investment activity, announced that a stake of 10-15 percent in one…
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Malaysia’s Petrochemical Industry Is Booming
In late March Malaysia’s national oil and gas company, Petronas, and Saudi Aramco announced the creation of two joint ventures for the Refinery and Petrochemicals Integrated…
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The Philippines Pivots To Renewables
In early March the Board of Investments (BoI), the investment promotion agency, revealed details of eight solar projects worth P86bn ($1.7bn) to be rolled out…
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Ivory Coast Sees Boost In Thermal Energy Production
In January Thierry Tanoh, the minister of oil, energy and renewable energy development, announced that work on the new units at Ciprel and Azito’s combined-cycle…
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This OPEC Member Aims To Boost Oil Output By 40%
A new expansion drive will see Kuwait invest $120bn in hydrocarbons projects through to 2030, with the aim of boosting both upstream and downstream production…
