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Oilsands infrastructure expansion lags behind production expansion. 2016-07-22

Little progress has been made on building out export infrastructure in Canada, however, and traders expect that Western Canada Select—already at a $15/bbl discount to WTI—may slip another $2-3/bbl against the US benchmark...

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US shale is resilient and price competitive too. 2016-07-25

According to a new report from the Edinburgh-based consultancy, US shale producers have made exceptional progress in cutting their costs, and are now among the most competitive investment options worldwide for oil producers...

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Heavy crude OSPs continue to climb. 2016-07-13

Official Selling Prices (OSPs) for select heavy grades were set higher in July (and June for Maya), mostly continuing an upward trend that commenced in April. The OSP for Arabian Heavy climbed above the...

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New Products

Integration of Delayed Coker and Hydrocracker

In order to reduce fuel oil, natural gas, and fuel gas consumption along with a reduction in CO2 emissions, some refiners are...Read more

Futures prices


Prices below are settled prices at the end of yesterday or last trading day

Popular Articles:

CNOOC idles Long Lake upgrader. 2016-07-21

Canadian oilsands production growth unabates. 2016-07-19

Roadblocks are piling up for Northern Gateway. 2016-07-15

Utica shale permitting slows down. 2016-07-22

Mexican shale looks good—geologically, at least. 2016-07-21

Brexit vote could be boon for British shale development. 2016-07-20

US coking, cracking margins fall on Gulf Coast, climb in Midcon. 2016-07-13

Coking and cracking margins in May were split between the Gulf Coast and the Midcontinent...

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White papers

Increased blending is both a blessing and a curse. Part 2

As discussed in Part 1 of this paper published earlier, declining crude prices encourage more spot purchases...


Market Insights

OPEC unity correlates with crude price

Once again, OPEC members have decided against an output ceiling, choosing instead to prioritize market share over crude prices that may be outside their ability to influence anyway. In contrast to the Dec. meeting six months ago, when tempers flared as Saudi Arabia......Read more


Trends and Statistics

Tight oil and gas reserves and production for Europe, Africa, & Asia.

As shown in Table 1c, the recoverable resources and current production of tight oil and shale gas in the......Read more



Unit revamps
  • Gazprom Neft completes modernization of AR deep conversion complex. The Russian firm has announced that it has completed a RUB 6B ...More
  • L&T Oman wins EPC contract for Sohar coke facility. Larsen & Toubro Oman has announced that ...More
  • KBR to license ROSE technology to Shell refinery. Royal Dutch Shell will license a ROSE® ...more

New Products
  • Clariant's SCAVTREAT® is designed to remove H2S in heavy fuel oil and bitumen (asphalt) to meet safety and environmental requirements. For more information, visit here

  • Criterion markets a Sentry Guard Portfolio: Maxtrap to protect feed poisons and OptiTrap to control reactor fouling. For more information, visit here

  • Modcon's newly redesigned MOD-4100 crude analyzer is capable real-time measurements of crude density, salt concentration, the Total Acidic Number (TAN), H2S content, viscosity and water level. For more information, visit here

  • Owlstone's Lonestar™ allows rapid detection and quantification of H2S, methanol, organic chlorides in crude oil. For more information, visit here

  • Crude Quality Inc. provides services to oil producers, shippers and refiners via consultation, expert witness, contamination testing, assay evaluation, and hydrocarbon testing. For more information, visit here