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Breaking News:

Russian Fuel Exports Jump To 8-Month High

Canada's Oil Sands Set for Expansion as Pipeline Nears Completion

Canada's Oil Sands Set for Expansion as Pipeline Nears Completion

Canada's oil industry, particularly in Alberta, anticipates increased production and higher revenues with the completion of the Trans Mountain Pipeline Expansion, despite current uncertainties and delays.

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Mid-East Tensions Continue To Support Oil

Crude prices are set to close out the first week of the new year with a small gain as tensions in the Middle East continue to provide support.

1 day ago

2024 Could be a Better Year for Canadian Oil Producers

With Canada’s oil industry expecting the start of pipeline fills in the 590,000 b/d TMX lines between March and May, the price of Canada’s benchmark WCS is expected to strengthen to a $13-15 per barrel discount to WTI again.

2 days ago

Oil May Not Go Higher Unless Supply Gets Disrupted

The market is slightly higher for the week as we head into Friday’s action, supported by supply issues in Libya, escalating tensions in the Middle East, and encouraging remarks from the Federal Reserve's December meeting minutes.

2 days ago

Permian M&A Action Continues

APA Corp.--the parent company of Apache Corporation–will buy Callon Petroleum in a deal worth $4.5B in an all stock deal.

2 days ago

My Top Energy Stock Pick for 2024

Oversupply and lower domestic prices increase demand for exports, Cheniere’s area of specialty, so it is possible that even if gas prices fall, LNG’s revenue and profit will climb.

2 days ago

Retaliation Looms After Iran Bombings

There has been a clear increase in momentum and intensification of attacks on U.S. forces in Iraq by pro-Iranian militias.

2 days ago
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