News

Crude oil prices surged on geopolitical tensions before retreating as markets digested lower global demand forecasts.
US crude oil production likely will fall over the next 18 months as producers cut back on drilling activity in response to ...
Following Israel's attack on Iran, aimed at taking out its nuclear capabilities, both West Texas Intermediate and Brent crude prices surged above $70 a barrel on Friday. That $70 level will likely ...
US Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the ...
Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan ...
Despite current geopolitical optimism boosting oil prices, analysts warn that weak demand growth and rising supply could drive crude below $50 a barrel this year.
Canada posted a $7.1-billion merchandise trade deficit in April – the largest on record – as exports fell sharply in the face ...