News

Canada's Suncor says it could cut 2026 capital spending if low oil prices persist
Canada's second-largest oil producer Suncor Energy said on Wednesday a recent cost-cutting campaign had set it up well to ...
Suncor maintains 2025 capex plan but CEO says could cut next year if low oil prices persist
Suncor Energy (NYSE:SU) said Wednesday that its cost-cutting campaign has set it up to withstand lower global oil prices, but ...
Oil prices have crashed to 4-year lows. That means cheaper gas for Americans hitting the roads this summer.
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 ...
Colombia's Ecopetrol plans cost cuts as lower oil prices bite
Colombia's state oil firm Ecopetrol is planning to cut some 1 trillion pesos ($232 million) in costs and expenses and ...
Saudi Arabia Rekindles Oil Price War: Another Epic Miscalculation?
Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...
Wall Street loses ground, breaking a 9-day winning streak, and crude oil prices tumble
Stocks closed lower on Wall Street, breaking a nine-day winning streak. Crude prices fell to a four-year low Monday after the ...
Home heating oil and fuel prices drop to 2021 levels
The price of home heating oil and fuel in Northern Ireland is at its lowest level since 2021, and the advice is to buy now – ...
Aker BP CEO Says Projects Competitive Even as Oil Prices Slide
Aker BP Chief Executive Officer Karl Johnny Hersvik said the company’s portfolio of projects aimed at driving production ...