The Israel-Iran war highlighted a harsh truth for Canada: Our oil economy has no future
Open this photo in gallery: Stability in oil prices despite war in the Middle East has demonstrated that…
WTI Crude steadies near $65.00 as weekly losses climb above 12%
WTI Crude Oil reports the largest weekly loss since March 2023.OPEC prepares to increase supply by an additional…
Russian Oil Flows Keep Falling, Pipeline Giant Transneft Says
Oil flows on the Transneft pipeline network, which handles 80% of all the oil Russia produces, fell last…
Forecast update for crude oil -27-06-2025
General Mills’ stock price (GIS) extended its losses in latest intraday trading, amid the dominance of the main…
Tight US Oil market prevents further price slide – Commerzbank
This week’s inventory report from the US Energy Information Administration is likely to have played a major role…
WTI rises to near $75.00 as US crude inventories fell on higher demand
WTI price drifts higher to near $65.00 in Friday’s Asian session. Crude inventories in the United States fell last week,…
Israel Orders Reopening of Biggest Gas Field After Ceasefire
(Bloomberg) — Israel ordered the resumption of production at its biggest natural gas field following a truce with…
Rubio surprises NATO allies with softer rhetoric on Russia sanctions – POLITICO
Rubio, who came under criticism at the dinner over Trump’s reluctance to toughen up on Moscow, acknowledged to…
Oil Jumps on Significant Crude, Product Inventory Slide
By Julianne Geiger – Jun 25, 2025, 9:46 AM CDT Crude oil inventories in the United States fell…
Oil-eating microbes tested at retired Central Valley fossil-fuel field
Microbes can break down everything, including methane and plastic. Now, a startup is pioneering their use to consume…
Lula’s Brazil Doubles Down on Oil and Cash
A new offshore oil auction in the Amazon, a major investment in refinery expansion, and an attempt to…
US Crude Oil Inventories See Another Sharp Draw
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again, this time…