 |
Louisiana Light • 2 days | 78.00 | -2.16 | -2.69% | ||
|
Bonny Light • 2 days | 81.20 | -2.15 | -2.58% | ||
|
Opec Basket • 2 days | 84.27 | -2.23 | -2.58% | ||
|
Mars US • 6 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 10 mins | 2.172 | +0.044 | +2.06% |
|
Bonny Light • 2 days | 81.20 | -2.15 | -2.58% | ||
|
Girassol • 2 days | 81.54 | -2.27 | -2.71% | ||
|
Opec Basket • 2 days | 84.27 | -2.23 | -2.58% |
|
Peace Sour • 3 hours | 58.33 | -1.89 | -3.14% | ||
|
Light Sour Blend • 3 hours | 62.83 | -2.04 | -3.14% | ||
|
Syncrude Sweet Premium • 3 hours | 69.18 | -2.69 | -3.74% | ||
|
Central Alberta • 3 hours | 59.73 | -1.64 | -2.67% |
|
Eagle Ford • 2 days | 71.81 | -2.04 | -2.76% | ||
|
Oklahoma Sweet • 2 days | 71.75 | -2.00 | -2.71% | ||
|
Kansas Common • 3 days | 67.50 | -3.50 | -4.93% | ||
|
Buena Vista • 4 days | 87.02 | +0.31 | +0.36% |
Gold Retreats from $2,000 Mark As Economic Worries Fade
Gold prices have plummeted due…
Japanese Scientists Reinvent Fuel Cells With Graphene Breakthrough
A research team from the…
Big Oil Investors May Not Win From M&A Streak
Big Oil’s mega acquisitions have…
News
EU Climate Researchers Say 2023 Will Be The Hottest Year In 125,000 Years
Researchers from the European Union’s Copernicus Climate Change Service have sounded an alarm about this year being “virtually certain” to be the hottest in 125,000 years. The service’s…
China's Oil Demand Weakens
Lower refining margins, higher oil and fuel inventory levels, and a slower-than-expected increase in air travel have combined to push down oil demand in China, according to a…
Oil Prices Fall Further As U.S. Crude Oil Inventories See Major Build
Crude oil inventories in the United States rose by a staggering 11.9 million barrels for week ending November 3, according to The American Petroleum Institute (API), after a 1.347-million-barrel…
Suriname’s Staatsolie Opens Bidding For 11 Offshore Blocks
Suriname’s state-run energy company Staatsolie has opened up bidding for 11 offshore areas in the country, according to a statement made on the company’s website. Staatsolie Hydrocarbon Institute N.V. (SHI)…
OPEC Says Door Is Open for Brazil To Join Oil Group
OPEC’s door is open should Brazil wish the join the oil exporting group, OPEC’s Secretary General HE Haitham al-Ghais said at this week’s Argus European Crude Conference. “Today, Brazil has…
Switzerland To Keep Nuclear Plants Operating For Longer Than Planned
Switzerland’s nuclear power plant operators plan to keep the facilities operational for longer than initially planned, spokespeople for the large Swiss utilities Axpo Holding and Alpiq Holding told
OPEC Is Upbeat On Oil Demand Ahead Of Key Policy Meeting
Despite the ongoing concerns about the state of the global economy, OPEC continues to hold an upbeat view on world oil demand, OPEC Secretary General Haitham Al Ghais…
French Utility Giant: European Natural Gas Demand Is Unlikely To Recover
Europe’s natural gas demand continues to be weak after last year’s energy crisis and most of the demand destruction will likely be permanent, according to France’s utility giant…
China To Tighten Regulation Of Oil, Natural Gas, And Power Monopolies
China plans to tighten regulation of monopolies in the oil and gas and power sectors, among other vital industries, a commission of the Communist party has decided. …
Nigeria Launches New Crude Grade To Compete In Europe
NNPC Ltd, Nigeria’s state-controlled oil company, has launched a new low-sulfur crude grade, called Nembe, which it plans to sell primarily on the European market, an NNPC executive…
Saudi Aramco Q3 Profit Slips 23% As Oil Prices And Production Fall
Saudi Aramco reported on Tuesday a 23.2% annual decline in its third-quarter net income as lower oil prices and lower oil sales weighed on profits and cash flows.…
China’s Oil Imports Jump By 13.5% In October
Stronger fuel demand due to a week-long holiday and a fresh batch of oil import quotas boosted China’s crude oil imports by 13.5% year-over-year in October, customs data…
Kinder Morgan Strikes $1.82-Billion Deal For Texas Natural Gas Pipelines
Kinder Morgan will buy the natural gas pipeline portfolio of NextEra Energy Partners in Texas, paying $1.82 billion for the assets. The pipeline network has a throughput capacity…
Department Of Energy Invites Bids For SPR Oil Refill
The Department of Energy has issued an invitation for bids for some 3 million barrels of crude that will go into the strategic petroleum reserve…
U.S. Institutional Oil Investors Shun Climate Resolutions
Large U.S.-based institutional investors in Big Oil have this year refused to back climate-related resolutions tabled at the companies’ general meetings. Per a Reuters report, at the…
Russia Shrugs Off Arctic-2 LNG Sanctions As Putin Eyes 2024 On The Throne
Russian Novatek has dismissed sanctions against its Arctic LNG 2 project imposed by Washington last week as a desperate attempt to keep international gas prices high, Interfax reported on Monday. …
American Refiners To Lower Utilization Rates As Gasoline Demand Cools
American refiners are planning lower refinery utilization rates after producing gasoline at high rates amid softening demand, Reuters reports. In the past month, U.S. national average gasoline prices have dropped…
Iranian Oil Exports Decline As Sanctions Talk Intensifies
Iranian oil exports have declined for the second consecutive month in October, with the country loading 1.43 million barrels per day of crude and condensate, Bloomberg reports, citing TankerTrackers.com…
Ex EU Climate Chief Drops Key Green Pledge Ahead Of Dutch Election
Frans Timmermans, the former European Commission climate chief and currently the leader of the left-wing bloc ahead of the upcoming Dutch elections, has ditched a previous commitment to halve…
Price Of Russian Oil For India Dropped In September
High prices and maintenance prompted Indian refiners to reduce purchases of Russian crude oil in September compared to August, which resulted in lower prices of Russia’s crude landing…
