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Energy News
Saudi Arabia Sees Higher Oil Revenue as OPEC Cuts Boost Prices
The top OPEC producer expects to collect 492 billion riyals ($131 billion) from oil sales…
Oil & GasDecember 20th 2017
Oil Range-Bound as Disruptions Offset by Rising U.S. Output
Brent crude futures, the international benchmark for oil prices, were at $63.49 a barrel, up…
Oil & GasDecember 19th 2017
Oil Edges Up, Though 2018 Outlook Cites Ample Supplies
In the United States, energy companies cut rigs drilling for new production for the first…
Oil & GasDecember 18th 2017
South Korea’s Nov Iran crude oil imports fall to 5-month low
South Korea’s oil imports from Iran in the first 11 months of this year jumped…
Oil & GasDecember 15th 2017
Oil Prices Lifted by Fourth Straight Weekly Fall in U.S. Crude Inventories
Another cap on prices has been soaring U.S. production, which has risen by 16 percent…
Oil & GasDecember 14th 2017
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…
Oil & GasDecember 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…
Oil & GasDecember 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…
Oil & GasDecember 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…
Oil & GasDecember 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…
Oil & GasDecember 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…
Oil & GasDecember 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…
Oil & GasDecember 6th 2017
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Energy Futures Prices

Brent CrudeICE$59.74
Crude OilTOCOM$40870.00
ECX EmissionsICE$19.99
GasoilNYMEX$557.00
Heating OilNYMEX$185.09
KeroseneTOCOM$56240.00
Natural GasNYMEX$4.30
RBOB GasolineNYMEX$142.71
WTI Crude OilNYMEX$51.31

USA Petroleum Spot Prices

Brent Crude OilEurope$51.42
Conventional GasolineNew York Harbor$1.649
Conventional GasolineU.S. Gulf Coast$1.62
Kerosene-Type Jet FuelU.S. Gulf Coast$1.537
No. 2 Heating OilNew York Harbor$1.532