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Giant shovels, driverless trucks and a dog-like robot have all helped Canada's oil sands companies including Imperial Oil and ...
Goldman Sachs raised its oil price forecasts for the second half of 2025 on Monday, citing the risk of supply disruption, ...
Department of Energy authorized the exchange of as many as 1M barrels from the US Strategic Petroleum Reserve to ease the ...
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...
US crude inventories fell 3.9 million barrels last week, but conflicting data and builds in gasoline and distillates left markets rattled and oil prices falling.
OPEC+ jolted markets by announcing it would flood the market with more oil.
U.S. crude oil inventories fell last week amid a rise in exports, reversing some of the large stock builds seen the previous two weeks, according to data.
OPEC+ has surprised markets with a sharp output increase, citing strong demand and low inventories, and plans to fully unwind ...
Oil futures fell as the market makes light of President Trump’s threat of tariffs on Russia and countries that trade with Russia if a deal with Ukraine isn’t reached in 50 days.
Crude oil futures fell for the third straight session Wednesday, dragged down by higher inventory levels of U.S. fuels and concerns about the wider economic impact of looming U.S. tariffs. The U.S.
Norway's Equinor has traded interests in multiple offshore discoveries with compatriot Wellesley Petroleum that should serve to enhance new field developments and production ambitions. The swap deals ...
A decrease in crude oil held worldwide on tankers is bullish for oil prices. Vortexa reported Monday that crude oil stored on tankers that have been stationary for at least seven days fell by -4.6% ...
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