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…
Hormuz Tanker Traffic Slows to a Trickle
Tanker traffic via the Strait of Hormuz slowed further over the weekend, maintaining upward pressure on oil prices.…
Oil Prices Head for 20% Monthly Surge Despite Recent Pullback
Crude oil prices have been trending lower over the past couple of days, but the benchmarks are on…
Dubai and Murban Crude Signal End of Middle East Supply Crunch
The benchmark crude grades of the Middle East have slumped this week as the U.S.-Iran deal raises hopes…
$125 Oil Could Tip Global Economy Into Recession
Elevated oil prices for a sustained period of time would tip the global economy into a recession, Moody’s…
B.C. Liberal MPs say tanker ban changes would need provincial, First Nations consent
OTTAWA — B.C. Liberal MPs said Wednesday the tanker ban on the northern B.C. coast can’t change without…