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Oil & Gas News

India: The Newest Destination of US Crude Oil Exports
India is set to emerge as a key market for American crude exports in coming…
October 18th 2017
Oil Prices To Crash to $10 a Barrel?
The Longview Economics CEO forecast the price of oil would ultimately slump to $10 a…
October 17th 2017
Chinese EV Boom Could Lead to Crash in Oil Prices
The falling cost of batteries has made EVs much more competitive, and EVs could become…
October 16th 2017
Oil market bulls are wrong to forecast a pick-up in prices
Oil prices are unlikely to reach $60 per barrel anytime soon as hawkish forecasters continue…
October 13th 2017
Oil drops on rising U.S. crude inventories, OPEC likely to extend cuts
Starting this year, the Organization of the Petroleum Exporting Countries (OPEC) and other producers including…
October 12th 2017
Tighter Markets Boost Oil Prices, But 2018 Looks More Uncertain
Oil prices edged up on Wednesday, extending 2 percent gains recorded the previous day, on…
October 11th 2017
Has The Bear Market In Oil Finally Ended?
The report notes that global oil demand grew by 2.3 million barrels per day (BPD)…
October 10th 2017
This Unexpected Move Could Derail Mexico’s Oil Boom!
The recent discovery could potentially extend into a neighboring owned by state-run Pemex, so Mexico…
October 9th 2017
US Crude Oil Exports Spikes To Record High
In recent weeks they have exploded, averaging 1.984m b/d last week and 1.491m the week…
October 5th 2017
Oil Prices Under Pressure After API Reports Large Gasoline Build
While the inventory draws keep piling on the United States, the global supply/demand situation for…
October 4th 2017
Oil prices are heading into what has been an ugly part of the year
Oil prices have been on a tear lately, rising on the back of improved demand…
October 3rd 2017
India to Get Its First Ever Shipment of US Crude Oil Today
India will receive its first ever shipment of US crude oil when a very large…
October 2nd 2017
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Energy Futures Prices

Brent CrudeICE$58.34
Crude OilTOCOM$38750.00
ECX EmissionsICE$7.65
GasoilNYMEX$533.75
Heating OilNYMEX$181.51
KeroseneTOCOM$53420.00
Natural GasNYMEX$2.89
RBOB GasolineNYMEX$163.78
WTI Crude OilNYMEX$52.16

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