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Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...
OPEC+ production gains pressure U.S. crude exports, weakening light sweet oil demand and adding bearish weight to the current ...
Events in eastern Europe weren’t the only factor driving oil prices higher. OPEC+ agreed to hike production by 411,000 ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
Nigeria’s Dangote Refinery is importing rising volumes of U.S. WTI crude as domestic supply struggles and American grades ...
The Canadian Press on MSN11h
Speech from OPEC head to kick off Global Energy Show in CalgaryMore than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada’s oilpatch next week ...
Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued ...
"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...
Big moves, if not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. The cartel, ...
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
U.S. oil prices were up by about 1.8% at about 11:20 a.m. ET, with the July West Texas Intermediate contract up by $1 to $64.37/bbl. The August WTI contract was 87cts higher at $63.32/bbl.
Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...
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