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	WTI Crude •4 hours	77.16	-1.12	-1.43%
	Brent Crude •3 hours	81.13	-1.24	-1.51%
	Murban Crude •15 mins	80.02	-1.36	-1.67%
	Natural Gas •4 hours	2.006	-0.035	-1.71%
	Gasoline •4 hours	2.461	-0.007	-0.29%
	Louisiana Light •2 days	81.18	+0.12	+0.15%
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Louisiana Light • 2 days	81.18	+0.12	+0.15%
Bonny Light • 29 days	86.00	-0.62	-0.72%
Opec Basket • 2 days	81.37	-0.08	-0.10%
Mars US • 266 days	75.97	-1.40	-1.81%
Gasoline • 4 hours	2.461	-0.007	-0.29%

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	Marine •29 days	85.28	+0.97	+1.15%
	Murban •29 days	85.91	+0.86	+1.01%
	Iran Heavy •29 days	84.58	-0.38	-0.45%
	Basra Light •970 days	71.69	-3.60	-4.78%
	Saharan Blend •29 days	85.61	-0.11	-0.13%
	Bonny Light •29 days	86.00	-0.62	-0.72%
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Bonny Light • 29 days	86.00	-0.62	-0.72%
Girassol • 29 days	87.27	-0.38	-0.43%
Opec Basket • 2 days	81.37	-0.08	-0.10%

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	Canadian Crude Index •423 days	53.57	-1.23	-2.24%
	Western Canadian Select •11 hours	64.28	+0.69	+1.09%
	Canadian Condensate •19 hours	80.43	+0.69	+0.87%
	Premium Synthetic •19 hours	78.68	+0.69	+0.88%
	Sweet Crude •11 hours	74.98	+0.69	+0.93%
	Peace Sour •11 hours	72.28	+0.69	+0.96%
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Peace Sour • 11 hours	72.28	+0.69	+0.96%
Light Sour Blend • 11 hours	72.28	+0.69	+0.96%
Syncrude Sweet Premium • 11 hours	79.18	+0.89	+1.14%
Central Alberta • 11 hours	72.28	+0.69	+0.96%

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	Louisiana Light •2 days	81.18	+0.12	+0.15%
	Domestic Swt. @ Cushing •2 days	74.76	+0.69	+0.93%
	Giddings •2 days	68.51	+0.69	+1.02%
	ANS West Coast •4 days	81.60	-1.14	-1.38%
	West Texas Sour •2 days	73.51	+0.69	+0.95%
	Eagle Ford •3 days	74.07	+0.63	+0.86%
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Eagle Ford • 3 days	74.07	+0.63	+0.86%
Oklahoma Sweet • 2 days	75.00	+2.00	+2.74%
Kansas Common • 3 days	67.75	+0.50	+0.74%
Buena Vista • 4 days	83.27	-2.82	-3.28%

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All Charts

7 hours Nigeria's Dangote Refinery Reselling Imported Crude Oil
8 hours Oil Prices Sink in Run-Up to OPEC Meet
11 hours Technology and EVs Send China’s Power Demand Surging
12 hours Mexico Set to Import More Fuel as Mega Refinery Startup Is Delayed
13 hours New Local Market Keeps Chinese Imports of Iranian Crude High
14 hours China’s Sinochem Looks to Sell Its 40% Stake in Brazilian Oilfield
15 hours Eni Beats Earnings Forecasts as Oil and Gas Production Grows
16 hours Exxon Inks Another Carbon Capture Deal With CF Industries
17 hours Baker Hughes Tops Expectations With Strong Q2 Results
18 hours Oil Prices Are Set for a Third Consecutive Weekly Loss
1 day Valero Energy Sees Q2 Net Income Cut in Half
1 day Europe’s Power Prices Could Rise as France Curbs Electricity Exports
1 day Russia Says There Isn’t Discord with OPEC+ over Oil Overproduction
1 day U.S. Boosts Natural Gas Power as Wind Output Slumps to 33-Month Low
1 day Repsol Doubles Q2 Earnings on Higher Oil Prices
2 days Mexico May Need to Import Crude and Cease Exports After 2030
2 days TotalEnergies Misses Earnings Estimates Amid Weak LNG Sales and Refining Margins
2 days China’s Solar Industry Calls for Consolidation to Cope With Overcapacity
2 days Tanker Capsizes Off Philippines Coast and Spills Fuel
2 days Alberta Wildfires Spread, Threatening More Oil Production
2 days EV Loss Drags Down Ford’s Q2 Profit
2 days NextEra Energy Reports Mixed Q2 Results, Reaffirms FY24 Outlook
2 days RWE and TotalEnergies Join Forces to Develop Offshore Wind in the Netherlands
2 days Russia, Iraq And Kazakhstan To Compensate Overproduction in The Next 15 Months
2 days Greencoat UK Wind Prioritizes Share Buybacks Despite Challenges
2 days ‘Oil Kills’ Climate Activists Block European Airports
2 days Iran Claims to Have Neutralized Impact of U.S. Sanctions on Condensate Exports
3 days Russia’s Novatek More Than Doubles First-Half Profit
3 days Russia Could Ban Diesel Exports Again
3 days TC Energy Close to Selling Gas Pipeline Stake to Indigenous Groups
3 days UK Natural Gas Grid Ready to Accommodate Hydrogen
3 days India’s Top Private Refiner Gets U.S. License to Buy Venezuelan Crude
3 days China and Russia Discuss High-Level Energy Cooperation
3 days China Natural Gas Consumption Expected to Rise by Up to 7.7% This Year
3 days U.S. Crude Oil Inventories Continue to Fall
3 days Brazil's Oil Permitting Could Soon Resume
3 days Algorithms Push Oil Prices to Five-Week Low
3 days Luxury Car Maker Rolls-Royce Posts Strong Results Despite Economic Challenges
3 days Oil Sinks as Signs of Tepid Crude Demand in Asia Multiply
3 days Europe and China Remain the Biggest Buyers of Russian Pipeline Gas

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Breaking News:

Nigeria's Dangote Refinery Reselling Imported Crude Oil

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Contributors
Rune Likvern

Rune Likvern

Holds an MSc from Norwegian University of Science and Technology (NTNU), 1980, Marine Technology.

20 years of experiences from several international oil companies, primarily Statoil inclusive management and encompassing major process components, site supervision, field developments, area studies, exploration economics, value chain analyses, technical and commercial responsibilities for natural gas logistics related to Troll Gas Sales Agreements (TGSA)

Latest articles from Rune

Is The Bakken Profitable At $50 Oil?

Published 09 October 2017 | viewed 21,043 times

In the first part of this post I present an update on the profitability for Light Tight Oil (LTO) extraction in the Bakken (ND) as…
Oil Prices To Stay Low If Global Credit Impulse Turns Negative

Published 24 June 2017 | viewed 16,601 times

For some time I have explored the relations in developments for total debt [private and public], interest rates, Gross Domestic Product (GDP) energy consumption and…
Norwegian Oil Plays Struggling After Oil Price Collapse

Published 25 March 2017 | viewed 16,432 times

Norwegian crude oil extraction peaked in 2001 at 3.12 Million barrels per day (Mb/d) and in 2016 it was 1.62 Mb/d, growing from 1.57 Mb/d…
Where Are Oil Prices Heading?

Published 06 October 2016 | viewed 45,706 times

In this post I present developments in world crude oil (including condensates) supplies since January 2007 and up until June 2016. I then take a…
The Bakken: The Top 10 Wells

Published 27 August 2016 | viewed 19,315 times

In this post I present some of the methods I have used to get estimates based on actual NDIC data on the Estimated Ultimate Recovery…
Why Global Debt Growth May Extend The Oil Glut

Published 17 March 2016 | viewed 8,014 times

In this post I present some selected parameters I monitor which may help understand near term (2-3 years) oil price movements and levels. It has…
Oil Price Rebound Might Come Too Late For These Bakken Producers

Published 02 December 2015 | viewed 11,772 times

After years of following developments in extraction of light tight oil (LTO) in the Bakken, the oil price, studying actual well production data from the…
Shrinking Norwegian Natural Gas Production Puts Europe In Dire Situation

Published 03 November 2015 | viewed 30,706 times

In this post I present actual Norwegian natural gas production, status on reserves, the development in discoveries and what this results for Norwegian Petroleum Directorate…
US Shale: How Smoke And Mirrors Could Cost Investors Millions

Published 03 August 2015 | viewed 24,148 times

In this post I present what I found from applying R/P (Reserves divided by [annual] Production) ratios for Light Tight Oil (LTO) for 3 big…
Are The Bakken’s Sweet Spots Past Their Prime?

Published 10 January 2015 | viewed 14,538 times

This post is an update on total Light Tight Oil (LTO) extraction from Bakken in North Dakota based upon actual data as of October 2014…
Global Debt Growth Kept Oil Prices High And Delayed The Bakken “Red Queen”

Published 08 November 2014 | viewed 17,935 times

The saying is that hindsight (always) provides 20/20 vision. In this post I present a retrospective look at my prediction from 2012 published on The…

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