Oil Prices Rise for Fourth Day as Hormuz Traffic Slows
Crude oil prices extended their gains for the fourth day today as fresh tanker-tracking data suggests traffic via…
Middle East Oil Tankers Are Going Dark for Longer
Not only is a growing number of tankers moving stealthily with transponders switched off at the Middle East’s…
Oil Prices Climb Toward $100 as Red Sea Risks Rise
Oil prices rose for the fifth consecutive day early on Thursday, topping $98 per barrel to the highest…
Canada Ties New West Coast Pipeline to Oil Sands Expansion
Canada’s biggest oil sands producers, the Alberta provincial government, and the federal government have reached a new milestone…
Major Saudi Oil Terminal Roars Back to Life as Gulf Supply Recovery Accelerates
Saudi Arabia’s biggest oil export terminal is finally stirring back to life, and that’s a much bigger deal…
New Crude Streams Add 12M Barrels to Nigeria’s Output
Nigeria’s ambition to raise crude oil production has received a boost from the growing contribution of newly introduced…
Iran’s Oil Exports Collapse to Six-Year Low as Blockade Tightens
Iran’s oil exports fell to their lowest level in at least six years in May as the U.S.…
Beijing’s Silence Is Fueling the Hormuz Crisis
Even though the Xi–Trump summit in Beijing was supposed to project stability, the outcome was clearly the opposite.…
Trump Approves “Keystone Light” Canada-U.S. Oil Pipeline
Last month, we reported that Bridger Pipeline LLC has proposed a giant pipeline with a capacity in excess…
A Golden Opportunity for Canada’s Oil and Gas Industry
Canada has a “golden opportunity” to become a major global oil player as the war in the Middle…
UAE’s Shock Exit Leaves OPEC Weakened and the Global Oil Order Rewritten
Before 1 May, the once-mighty Organization of the Petroleum Exporting Countries (OPEC) had 12 members, but with the…
U.S.-Canada Oil Pipeline Nears Go-Ahead as Shippers Lock In Volumes
A long-delayed push to move more Canadian crude into the United States is back on the table, and…