Oil-Rich Alberta Could Vote to Separate from Canada
Alberta could vote next year on whether to separate from Canada if a citizen-led petition gathers the requisite…
Crude Stockpiles Drop as Oil Prices Rebound
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.49 million barrels…
Spain’s Blackout Wiped €400 Million Off Economy, Top Bank
(Bloomberg) — Spain’s biggest ever blackout wiped almost €400 million ($454 million) off the economy, according to an…
Barclays lowers crude oil forecast
LONDON: Barclays has lowered its Brent oil price forecast by US$4 per barrel (bbl) to US$66/bbl for 2025…
Here’s why falling oil prices are beneficial for OMCs, paint stocks, aviation companies
Shares of oil marketing companies (OMCs), Hindustan Petroleum Corporation Ltd. (HPCL), Bharat Petroleum (BPCL) and Indian Oil (IOC),…
Shell Is Studying Merits of BP Deal as Rival’s Stock Slumps
(Bloomberg) — Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s…
Germany’s Red Tape Creates a Berlin-Sized Hole in Energy
(Bloomberg) — Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of…
Petrochemical News – Crude oil drops 1.5% ahead of anticipated OPEC+ meeting outcome
Crude oil prices declined by around 1.5 percent on Friday, erasing nearly all the gains registered the previous…
Chevron Slashes Buybacks as Trump Trade War, OPEC Hit Oil
(Bloomberg) — Chevron Corp. will slash share buybacks this quarter after oil prices have tumbled, indicating that President…
WTI Stuck Below $60 as EIA Confirms Crude, Gasoline Draws
By Julianne Geiger – Apr 30, 2025, 9:38 AM CDT Crude oil inventories in the United States saw…
Crude Oil Inventory Gain Outshone By Product Draws
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 3.76 million barrels…
Alaska LNG project aims to transform US energy exports to
Japan’s top power generator JERA, the world’s second-largest LNG buyer after China, may consider the $44 billion Alaska…