Oil prices rise on OPEC report showing global glut all but eliminated
May 14, 2018 | Financial
Oil prices rose on Monday after OPEC released a report showing the global glut of […]
Opinion: Hedge funds take profits after extraordinary oil rally
May 14, 2018 | Opinion
Managers of hedge funds, concerned about a significant downside risk as rising costs cut crude […]
ADNOC to invest $45 billion in downstream expansion
May 14, 2018 | News
Abu Dhabi National Oil Company, or ADNOC, says it has plans to invest $45 billion […]
Trump about to relax federal requirements for refineries to include ethanol in gasoline
May 14, 2018 | USA
Reuters’ sources say that under the Trump administration’s soon-to-be-unveiled overhaul of the US Renewable Fuel […]
Oil prices slip on post-Iran announcement profit taking
May 10, 2018 | Financial
Oil prices dipped slightly on Thursday as investors took profit after Wednesday’s rally which began […]
Enbridge selling US natural gas pipeline business for $1.1 billion
May 10, 2018 | Financial
Midcoast business include natural gas gathering, treating, processing and transportation…assets located in East Texas, Western Anadarko, Barnett […]
Oil prices jump after Trump leaves Iran nuke deal
May 9, 2018 | Financial
Oil prices jumped on Wednesday, one day after US President Donald Trump announced the United […]
Shell to sell $4.3 billion in CNRL shares as part of $30 billion divestment
May 8, 2018 | Alberta
Royal Dutch Shell will divest all its 97 million shares in Canadian Natural Resources Ltd. […]
Oil prices drop ahead of Trump’s Iran sanction announcement
May 8, 2018 | Financial
Oil prices recovered slightly from their 4 per cent drop on Tuesday. Media reports on […]
Oil prices rise on declining Venezuelan production, Iran sanctions worries
May 7, 2018 | Financial
Oil prices rose alongside the US dollar on Monday and their highest levels since November […]
Oil prices hit Nov. 2014 highs on Iran deal tensions, tight crude supply
May 4, 2018 | Financial
Oil prices were up just under 2 per cent on Friday on tight global crude […]
CNRL to cut production this spring due to pipeline, rail bottlenecks
May 3, 2018 | Canada
Canadian Natural Resources Ltd, or CNRL, says it will drop its output this spring as […]
Oil prices steady as OPEC cuts, Iran tensions offset weaker US equity market
May 3, 2018 | Financial
Oil prices were steady on Thursday as the OPEC supply cuts along with possible US […]
Oil prices mixed on rising US crude stocks, US dollar
May 2, 2018 | Financial
Oil prices were mixed on Wednesday following data showing a significant increase in US crude […]
Opinion: Rising oil prices put demand destruction back on the agenda
May 2, 2018 | Opinion
Between 2011 and 2014, when oil prices averaged over $100 per barrel, declining consumption […]