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Oil & Gas News

Why the North Sea Oil Pipe Is Critical for Global Crude?
Forties is one of the North Sea grades that determine the value of the Brent…
December 13th 2017
Brent Crude Oil Hits 2.5-Year High on Forties Pipeline Outage
The Forties pipeline system will close for several weeks while its operator, INEOS, repairs a…
December 12th 2017
EPA Anticipates Delay in Cleanup of 43 Superfund Site
The meeting was the first held since the Environmental Protection Agency announced in October the…
December 11th 2017
Oil Prices Dropped on Increased U.S. Drilling Activity
The number of rigs drilling for new oil output in the United States rose by…
December 11th 2017
Crude Oil Rally Stalls as Fuel Prices Soften
U.S. refinery crude runs have been running at record rates almost continuously since April, according…
December 8th 2017
Oil Settles at Two-Week Low, Sliding by Nearly 3%
U.S. gasoline stocks rose by 6.8 million barrels and distillate inventories were up 1.7 million…
December 7th 2017
Goldman Sachs Raises 2018 Oil Price Forecast on Robust OPEC Commitment
In a research note published late Monday, Goldman lifted its Brent price forecast for next…
December 6th 2017
Oil Prices Nudged Higher On Expected Drop in U.S. Crude Stockpiles
The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers last week rolled over…
December 5th 2017
Venezuelan President Gains Control over Oil Contracts Amid Purge
A months-long crackdown on alleged graft in Venezuela’s oil industry has led to the arrest…
December 4th 2017
OPEC and Russia Kick Crude Oil Can Down the Road
The oil cartel led by Saudi Arabia, and 10 non-OPEC oil producers led by Russia,…
December 1st 2017
US Crude Stocks Fell, but Gasoline Stockpiles Rose: EIA
Refinery crude runs rose by 165,000 bpd, EIA data showed. Refinery utilization rates rose by…
November 30th 2017
Oil Prices Sink on OPEC Deal Extension Jitters
Prices also briefly came under pressure after a fire broke out at Exxon Mobil Corp’s…
November 29th 2017
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Energy Futures Prices

Brent CrudeICE$65.75
Crude OilTOCOM$43170.00
ECX EmissionsICE$7.25
Heating OilNYMEX$197.89
Natural GasNYMEX$2.83
RBOB GasolineNYMEX$175.73
WTI Crude OilNYMEX$58.44

USA Energy Spot Prices

Brent Crude OilEurope$51.420
Conventional GasolineNew York Harbor$1.6490
Conventional GasolineU.S. Gulf Coast$1.620
Kerosene-Type Jet FuelU.S. Gulf Coast$1.5370
No. 2 Heating OilNew York Harbor$1.5320
PropaneMont Belvieu-Texas$0.7280
RBOB Regular GasolineLos Angeles$1.7140
Ultra-Low-Sulfur No. 2 Diesel FuelNew York Harbor$1.630
Ultra-Low-Sulfur No. 2 Diesel FuelU.S. Gulf Coast$1.6050
Ultra-Low-Sulfur No. 2 Diesel FuelLos Angeles$1.6750