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WTI CRUDE • 69.80 +1.37 +2.00%

BRENT CRUDE • 74.87 +1.25 +1.70%

MARS US • 68.09 +0.57 +0.84%

OPEC BASKET • 70.66 +0.19 +0.27%

URALS • 70.64 -0.15 -0.21%

LOUISIANA LIGHT • 72.25 +0.54 +0.75%

BONNY LIGHT • 73.49 +0.46 +0.63%

MEXICAN BASKET • 59.90 -0.29 -0.48%

NATURAL GAS •2.718 -0.008 -0.29%

Click Here for 200+ Global Oil Prices

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NEWS

Petrobras Picks Engie For Gas Pipeline Network

Petrobras Picks Engie For Gas Pipeline Network

May 04, 2018 at 09:44 | Irina Slav

Brazil’s state energy major Petrobras has selected French utility Engie as the preferred bidder for its
natural gas pipeline network, unnamed sources said, as quoted by Reuters. The talks…

TransCanada Allowed To Increase Pressure Of Keystone

TransCanada Allowed To Increase Pressure Of Keystone

May 04, 2018 at 09:06 | Irina Slav

The U.S. Pipeline and Hazardous Materials Safety Administration has lifted a pressure restriction on the
Keystone pipeline introduced in November after a leak, a spokesman for the authority told…

Platts: Venezuela’s Oil Production Is Set To Fall Further

Platts: Venezuela’s Oil Production Is Set To Fall Further

May 03, 2018 at 17:39 | Julianne Geiger

Venezuela’s crude oil production is set to fall further in the coming months, up to another 200,000
barrels per day, according to a source inside Venezuela’s oil industry, according to…

BP Might Buy Some BHP Billiton U.S. Shale Assets

BP Might Buy Some BHP Billiton U.S. Shale Assets

May 03, 2018 at 17:29 | Tsvetana Paraskova

Supermajor BP is studying some of the onshore U.S. shale assets put up for sale by BHP Billiton, as the
UK giant looks to more shale exposure, Bloomberg reported…

Libya Withholds Total’s Share Of Waha Oil Over Deal Dispute

Libya Withholds Total’s Share Of Waha Oil Over Deal Dispute

May 03, 2018 at 17:24 | Tsvetana Paraskova

Libya’s National Oil Corporation (NOC) has been withholding the share of crude oil that is due Total over
to an ongoing dispute over the French company’s recent acquisition of a…

Saudi Arabia’s Private Non-Oil Growth Lowest In 9 Years

Saudi Arabia’s Private Non-Oil Growth Lowest In 9 Years

May 03, 2018 at 17:10 | Tsvetana Paraskova

Saudi Arabia’s private non-oil sector grew at its slowest pace in at least nine years, as it continues to feel
the pinch of the government’s austerity measures in response to…

Alberta Turns To Trains To Move Its Crude

Alberta Turns To Trains To Move Its Crude

May 03, 2018 at 15:38 | Irina Slav

Alberta will discuss shipping more crude oil by rail across province borders with railways companies,
Energy Minister Margaret McCuaig-Boyd told media in Calgary. The talks will begin tomorrow, with…

Exxon Proceeds With Russian LNG Project Despite Sanctions

Exxon Proceeds With Russian LNG Project Despite Sanctions

May 03, 2018 at 12:31 | Tsvetana Paraskova

Despite the fact that ExxonMobil has been forced to withdraw from some joint projects with Russian oil
giant Rosneft due to the sanctions on Russia, the U.S. supermajor is proceeding…

Tesla Posts Record Revenue, Loss

Tesla Posts Record Revenue, Loss

May 03, 2018 at 09:30 | Irina Slav

Tesla booked higher than expected revenues and lower than expected operating losses for the first
quarter of the year, leaving analysts confused again as to the future of the company.…

OPEC Production Cuts: Is Russia Complying?

OPEC Production Cuts: Is Russia Complying?

May 02, 2018 at 18:15 | Tsvetana Paraskova

Russia’s oil production held onto an 11-month high in April, flat compared to March and above its quota
under the OPEC/non-OPEC deal for a second consecutive month, according to…

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