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05/17 Closing Prices / revised 05/17/2024 21:59 GMT 05/16 OPEC Basket $83.30 +$0.35 cents | 05/17 Mexico Basket (MME) $75.11 +$0.80 cents | 04/30 Venezuela Basket (Merey) $74.91 +$3.93 cents | 05/17 NYMEX WTI Texas Intermediate June CLM24 $80.06 +$0.83 cents | 05/17 ICE Brent July BRNN24 $83.98 +$0.71 cents | 05/17 NYMEX Gasoline June RBM24 $2.57 +1.4% | 05/17 NYMEX Heating Oil June HOM 24 $2.63 +5.3% | 05/17 Natural Gas June NGM24 $2.50 +3.3% | 05/17 Active U.S. Rig Count (Oil & Gas) 604 +1 | 05/17 USD/MXN Mexican Peso 16.6106 (data live) | 05/17 EUR/USD 1.0869 (data live) | 05/20 US /Bs. (Bolivar) $36.57170000 ( data BCV)

Top News

Suriname’s Oil Resources Seen Totaling 2.4 Billion Barrels

May 17, 2024

Existing Investors Have Priority for Venezuela U.S. Oil Licenses, Say Sources

May 17, 2024

To Talk With Putin or Iran, the West Turns to the World’s Nuclear Inspector, Rafael Grossi

Magda Chambriard to Take Reins at Petrobras After Prates Goes

Venezuela Moves Substantial Troops to Guyana Border, CSIS Report Says

Seaport Says, Buy PDVSA Bonds as Gap With Sovereign Unjustified

Previous Top News

Opinion

Gulf States Learn the Power and Limits of Petrodollar Persuasion – Ziad Daoud/Bloomberg

Pope Francis: Catholics can’t pick and choose between life and social ethics – Raymond J. de Souza / WSJ

Coastal wetlands can’t keep pace with sea-level rise, and infrastructure is leaving them nowhere to go – Randall W. Parkinson (video)

The Case Trump is Desperate to Delay – Dan Rather

Previous Opinion Articles

Daily News

Oil scores weekly gains Friday, with U.S. prices ending above $80 for first time this month

Latam Brief: Ortega backtracks on canal plan

What Trump promised oil CEOs as he asked them to steer $1 billion to his campaign

Shell Beats Forecasts on Gas-Trading Resilience; Launches $3.5 Billion Buyback

Ex-Pioneer CEO Scott Sheffield Barred From Exxon Board for Megadeal to Close

U.S. Oil Inventories Post Big Build Amid Lower Refinery Runs

Oil prices blog worst week Friday since February as concerns over Middle East supply risks fade

Javier Milei’s Achilles’ Heel – Mary Anastasia O’Grady / WSJ

Latam Brief: Haiti transitional council swears in.“Brace yourselves,” gang leader Jimmy “Barbeque” Cherizier warned.

Caribbean Updates: Inter-American Court of Human Rights holds climate change hearing

How TikTok Lost the War in Washington

Exxon and Chevron Earnings Fall Back to Earth

Why are women becoming so much more liberal than men? – Rob Herderson/Boston Globe

Oil prices Friday score weekly gain, breaking run of back-to-back weekly losses

Mexico’s 2024 General Election: What to Know – Emiliano Rodríguez Mega / NYTimes

A Dangerous Game Is Underway in Asia – Mike M. Mochizuki and Michael D. Swaine / NYTimes

Biden Helps Iran, Hits Alaska – Dan Sullivan / WSJ

Gulf States Learn the Power and Limits of Petrodollar Persuasion – Ziad Daoud/Bloomberg

The Biden-Trump Trade War With Mexico – Mary Anastasia O’Grady / WSJ

Caribbean Updates: DR immigration officer accused of rape

6th Colombia Oil and Gas Congress 2024

Ecuador Voters Back of Noboa’s Anti-Criminal Measures, But Reject His Economic Reforms

OPEC daily basket price stood at $87.52 a barrel Friday, April 19

Oil prices, what comes next? This timeline charts oil prices reacting to Israel-Iran attacks so far

Previous Daily News

Oil ends Friday below the day’s highs as panic eases over Israel’s retaliation against Iran

Pope Francis: Catholics can’t pick and choose between life and social ethics – Raymond J. de Souza / WSJ

Trump’s Trade Tactics Collapse in Mexico – Mary Anastasia O’Grady/WSJ

Hydrogen Americas 2024 :

U.S. send Warships to Defend Israel in Case of Iranian Attack (video)

Petrobras finds hydrocarbons in ultra-deep waters of Potiguar basin

Oil prices finish lower Tuesday as traders weigh prospects for Gaza ceasefire

Coastal wetlands can’t keep pace with sea-level rise, and infrastructure is leaving them nowhere to go – Randall W. Parkinson (video)

Tweets

Caribbean Updates

Inter-American Court of Human Rights holds climate change hearing

Latam Brief

Haiti transitional council swears in.“Brace yourselves, ” gang leader Jimmy “Barbeque” Cherizier warned.

Energy Matters

Exxon and Chevron Earnings Fall Back to Earth

EIA Total Energy Review
This Week in Petroleum

Natural Gas Weekly Update

Issues

How TikTok Lost the War in Washington

WTRG - Economics

Crude Oil, Gasoline and Natural Gas Future Prices.

Day View

Javier Milei’s Achilles’ Heel – Mary Anastasia O’Grady / WSJ

Guest Post

Why are women becoming so much more liberal than men? – Rob Herderson/Boston Globe

Energy transitions

Biden Helps Iran, Hits Alaska – Dan Sullivan / WSJ

Caribbean Updates: Decolonization and Reparations – CPAN (video)

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By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas, Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com

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