Weekend

 

 

 

 

Petroleumworld's
Opinion Forum

Viewpoints on Energy, Geopolitics, and Civilization

 

Editorial- Commentary

 

Robin Wright: Trump strikes Syria over chemical weapons

Tom Bachtell


The military strike on Syria could have a ripple effect on President Trump's standing,
both abroad and at home, but it is unlikely to have an enduring impact on the Syrian civil war.

Opinion

HFI Research: The oil bull thesis is just getting started

bulls-oil.eu

With WTI at multi-year highs, the real oil bull thesis is just getting started.

 

Lagniappe

Alfonso Serrano: China fills Trump's empty seat at Latin America Summit

While the United States has been retreating from its southern
neighbors for years, Mr. Trump has added outright hostility to neglect.

 

TOP NEWS

Oil rally on hold as OPEC nearly accomplished goal

U.S. petroleum inventories drop below their five-year average. WTI pushes close to $70 threshold before giving back gains

By Robert Tuttle

CALGARY
Petroleumworld 04 20 2018

Oil's rally stalled as OPEC and allied crude producers gathered in Saudi Arabia amid signs a worldwide glut has been mostly eradicated.

U.S. Treasury Secretary says Europe to share more data on Venezuela corruption

Transparency.org


Says Japan, Latin American nations also will participate.Directed at tightening economic pressure on Maduro regime

By Saleha Mohsin and Andres R Martinez

WASHINGTON/BUENOS AIRES
Petroleumworld 04 20 2018

Treasury Secretary Steven Mnuchin said Thursday that countries from Europe, Asia and Latin America agreed to share information on the assets of “corrupt” Venezuelan officials in an effort to tighten economic pressure on President Nicolas Maduro and stem the nation's humanitarian crisis.

 

 

NEWS HEADLINES

Friday, April 20 2018

C. Mandl and T. Bautzer/Reuters -Petrobras gets three bids for gas pipeline network company TAG

Bate Felix /Reuters - Total's CEO Patrick Pouyanne says will not give up on Venezuela

Reuters -Puerto Rico restores power to over 70 pct of population after blackout - PREPA

T. Bautzer and J. R. Gomes/Reuters -Petrobras considers sale of 60 pct stake in some refineries, keep others

Clyde Russell/Reuters -Australia's natural gas dilemma: to frack or not to frack?

Nick Brown/Reuters -Puerto Rico hit by another island-wide power blackout - PREPA

Rodrigo Viga Gaier/Reuters -Petrobras near deal with China's CNPC to swap refinery investment for oil

Rapheal John-Lall/TT Guardian -New business degree launched at Arthur Lok Jack Global School of Business

Abena Rockcliffe-Campbell/Kaieter News -Guyana will pay at least US$208M to cap Exxon's Liza phase one wells

Kaieter News -Barbados seeks from CARICOM a regional cooperation mechanism on oil and gas

Kaieter News -Guyana working with IMF to employ progressive tax regime for oil sector

Henning Gloystein/Reuters -Oil dips Friday but remains close to late-2014 highs on supply cuts, strong demand

 

OIL PRICES

Real time prices by OilPrice

Updated: April 20 2018, 23:59 GMT / closing prices

04/19	OPEC Basket	$70.96	+ 1.57
04/20	Mexico Basket	$60.12	-0.73
04/20	Venezuela Basket *	$63.20	+0.09
04/20	ICE Brent	$74.06	+0.28
04/20	NYMEX WTI	$68.38	+0.09
04/20	NYMEX Natural Gas	$2.73	+0.07
04/20	USD/MXN Mexican peso	18.52	Live data
04/20	Euro/USD	1.22	Live data
04/20	USD/VBO	719.000	Parallel Market

*Average weekly price .