Oil Rises as US Inventory Declines Heighten Supply Concerns
Prices rose after the U.S. Energy Information Administration reported on Wednesday domestic crude oil stocks fell for the ...
Trudeau vows Canada will respond to Trump's tariffs, but says burden will be shared across regions
Outgoing Canadian Prime Minister Justin Trudeau said Wednesday “nothing is off the table” when it comes to responding to ...
Oil Prices Break $80, Reach 6-Month Highs Despite Israel-Hamas Ceasefire Deal: Why Is Crude Rallying?
Oil prices soar on concerns over global supply disruptions, ceasefire in Gaza, and declining US crude inventories. Sanctions ...
MT Newswires on MSN15h
Weekly US Crude Inventories Fall, Oil Prices Rally Following IEA, OPEC Reports
Commercial crude stockpiles in the US posted a bigger draw than projected last week, government data showed Wednesday, while oil prices rallied as markets evaluated two other oil market reports.
Upstream16h
Oil prices rise on low US stockpiles, Russia sanctions; Israel-Gaza ceasefire impact unclear
Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...
Oil prices end higher as traders weigh demand prospects, supply risks
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...
Civitas Resources weighs sale of DJ Basin assets, Bloomberg News reports
Oil and gas producer Civitas Resources is exploring a sale of part or all of its assets in the Denver-Julesburg Basin in ...
US crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
After strategic review, New Brunswick's Irving Oil to remain privately held company
SAINT JOHN, N.B. - New Brunswick-based Irving Oil has confirmed that the century-old company will remain privately held, ...