EIA: US crude inventories decrease 1.4 million bbl

US crude oil inventories, excluding the Strategic Petroleum Reserve, declined by 1.4 million bbl for the week ended Aug. 3, according to data from the US Energy Information Administration. At 407.4 million bbl, US crude oil inventories are about 1% below the 5-year average for this time of year, the Weekly Petroleum Status Report indicated. […]


08 Aug 2018 11:55:22 EDT – The latest stock information is now available for your stocks

XOM    Last 80.51  Change –0.76   % Change 0.94%   Volume 2,567,130   As of: 8 Aug 2018 11:55:22 EDT   View: Stock Quote |  News   CVX    Last 123.69  Change –1.49   % Change 1.19%   Volume 2,077,155   As of: 8 Aug 2018 11:55:22 EDT   View: Stock Quote |  News   COP    Last 70.8  Change –2.10   % […]


Turkey’s STAR refining complex receives first crude shipment

STAR Rafineri, a subsidiary of SOCAR Turkey Energy—the Turkish arm of State Oil Co. of Azerbaijan Republic—has received the first 80,000-tonne cargo of crude oil for processing at its soon-to-be fully commissioned 10 million-tonne/year SOCAR Turkey Aegean Refinery under construction in Izmir, Aliaga, Turkey. Source: News


Keyera lets contract for Wapiti gas complex expansion

Keyera Corp. has let an engineering services contract to Jacobs Engineering Group for the second-phase expansion of the Wapiti development project south of Grand Prairie, Alta. As part of the project, Jacobs will design a second 150-MMcfd sour gas processing train to the Phase 1 plant now under construction at the site. Source: News


Tonalli plans horizontal well in Veracruz

International Frontier Resources reported plans for a horizontal well on the Tecolutla block in the Mexican state of Veracruz after production increased throughout an extended production test of its TEC-10 well. It expects its Tonalli Energia joint venture to spud the horizontal well, TEC-11, late in the fourth quarter in the northern extension of the block. […]


MARKET WATCH: Brent crude oil reaches above $74/bbl

Light, sweet crude oil prices rose slightly on the New York market Aug. 7 to settle above $68/bbl for October delivery while the Brent contract for October gained 90¢ to settle at $74.65/bbl. Source: News


08 Aug 2018 10:55:54 EDT – The latest stock information is now available for your stocks

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08 Aug 2018 09:55:35 EDT – The latest stock information is now available for your stocks

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EIA STEO: Oil market expected to be fairly balanced in coming months

The front-month futures price for Brent crude oil settled at $73.45/bbl on Aug. 2, a decrease of $3.85 from July 2. The front-month futures price for West Texas Intermediate crude oil for delivery at Cushing, Okla., decreased $4.98/bbl during the same period, settling at $68.96/bbl on Aug. 2. Source: News


07 Aug 2018 16:00:00 EDT – The latest stock information is now available for your stocks

XOM    Last 81.27  Change +1.09   % Change 1.36%   Volume 10,694,397   As of: 7 Aug 2018 16:00:00 EDT   View: Stock Quote |  News   CVX    Last 125.18  Change +0.88   % Change 0.71%   Volume 4,456,130   As of: 7 Aug 2018 16:00:00 EDT   View: Stock Quote |  News   COP    Last 72.9  Change +1.17   % […]