News

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic ...
Oil buckled on concerns of a global glut after OPEC+ agreed to another bumper output increase, adding to supply at a time ...
Oil prices have rebounded, driven by increased demand, despite ongoing concerns about OPEC+ policies, US tariffs, and ...
Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic ...
Crude futures picked up from the previous day’s losses, helped in part by major Permian producer Diamondback Energy’s CEO warning shareholders that the company expects activity to slow and production ...
Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output ...
Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...
Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...
Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
Imperial Oil reports strong Q1 earnings of $1.288B, plans 25% production growth by 2029, but facility turnarounds could ...