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Latest Crude oil, Gas Price and News

London, August 16, 2024, (Oilandgaspress) –– Slowing Chinese demand continues to be a key source of anxiety for crude markets as China struggles with a dwindling economic recovery. OPEC and the IEA have trimmed their outlook for oil demand growth in 2024 as a result of this.

Oil and Gas BlendsUnitsOil Price US$/bblChange
Crude Oil (WTI)USD/bbl$76.90Down
Crude Oil (Brent)USD/bbl$79.98Down
Bonny Light 16/08/24USD/bbl$83.33Down
DubaiUSD/bbl$77.89Down
Natural GasUSD/MMBtu$2.21Down
Murban CrudeUSD/bbl$79.02Down
OPEC basket 15/08/24USD/bbl$79.93Down
At press time 16 August 2024

Subsea7 S.A. today announced the award of a sizeable(1) contract in the US Gulf of Mexico.
The scope of work includes engineering, procurement, construction, and offshore installation of a water injection flowline, hull piping, and associated subsea infrastructure.
Project management and engineering work will start immediately at Subsea7’s office in Houston, Texas, and offshore activity is expected to begin in 2026. Source,


The shares in Equinor ASA will as from today be traded on Oslo Børs exclusive the first quarter 2024 cash dividend as detailed below.

Ex. date: 16 August 2024

Ordinary cash dividend amount: 0.35

Extraordinary cash dividend amount: 0.35

Announced currency: USD Read full article


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