Latest Crude oil, Gas Price and News

London, August 15, 2024, (Oilandgaspress) –– Oil prices down as the U.S. crude oil benchmark, WTI reversed gains from earlier this week on Wednesday, responding to an unexpected build in U.S. crude stockpiles after a series of drawdowns, and as an Iranian attack on Israel has not materialized.

Oil and Gas BlendsUnitsOil Price US$/bblChange
Crude Oil (WTI)USD/bbl$77.52Down
Crude Oil (Brent)USD/bbl$80.34Down
Bonny Light 15/08/24USD/bbl$83.84Down
DubaiUSD/bbl$78.42Down
Natural GasUSD/MMBtu$2.23Up
Murban CrudeUSD/bbl$79.56Down
OPEC basket 14/08/24USD/bbl$80.78
At press time 15 August 2024

Rhône Energies, a consortium composed of Entara LLC and Trafigura Pte Ltd, has reached an important milestone in the acquisition process of the Fos-sur-Mer refinery and the Toulouse and Villette-de-Vienne terminals from Esso. All parties have now signed a sales agreement following the completion of the information and consultation procedure with employee representative bodies. This is a key step towards the transfer of ownership of the site which remains subject to the required regulatory approvals. Discussions with the relevant authorities are ongoing and the necessary authorizations are expected by the end of October 2024.. Source,


Four German airports were disrupted today after eight people entered the airfields and glued themselves to taxiways as part of Oil Kills – an International Uprising to end oil, gas, and coal by 2030. The uprising is calling for governments to commit to signing a Fossil Fuel Treaty.
Starting shortly before 5:00 CEST, eight supporters of Letzte Generation (Last Generation) entered airfields at Berlin, Cologne/Bonn, Nuremberg and Stuttgart and glued themselves to the tarmac. Flights were suspended at each airport, in some cases for up to two hours, as police removed and arrested the action takers. Flights have resumed at all airports by 7:50 CEST.
The actions started shortly before 5.00 CEST at Berlin BER, and around 30 to 50 minutes later protests also took place at the three airports in North Rhine-Westphalia, Bavaria and Baden- Württemberg. In each case, two people in orange high-visibility vests peacefully expressed their opposition by displaying banners with the words “Oil kills” and “Sign the treaty”. They did not enter the runways. Read full article


Golar LNG Limited (“Golar”), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around September 3, 2024. The record date will be August 26, 2024.
Due to the implementation of the Central Securities Depository Regulation (“CSDR”), please note the information below on the payment date for the small number of Golar shares registered in Norway’s central securities depository (“VPS”):

Dividend amount: $0.25 per share
Declared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOK
Last day including right: August 22, 2024
Ex-date: August 23, 2024
Record date: August 26, 2024

Payment date: On or about September 3, 2024. Due to the implementation of CSDR in Norway, dividends payable to shares registered in the VPS will be distributed on or about September 5, 2024. Read full article


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