1 week ago NTSB says company failed to shut down oil pipeline for nearly 13 hours after pressure dropped

Roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for nearly 13 hours after gauges first hinted at a problem, the National Transportation Safety Board said Thursday. The NTSB said the leak off the coast of Louisiana was […]

Economics

2 w. ago US Strikes Iran’s Nuclear Sites, Risking Wider War in Mideast

The US carried out airstrikes on three nuclear sites in Iran overnight, directly entering Israel’s war with Tehran despite President Donald Trump’s longtime promises to avoid new foreign conflicts.

Science

2 w. ago China’s Record Oil Stockpile Offers Buffer as Iran Crisis Builds

Oil refiners in China — the largest takers of Iranian crude — are unfazed for now about the possibility of interruptions to Middle Eastern supplies given the nation has a record stockpile that provides a temporary buffer.

Economics

2 w. ago Oil price hike ‘astronomical’ if Iran’s crude hit: Rory Johnston

Watch: How political instability in the Middle East could affect oil prices

Economics

2 w. ago Why have gas prices gone up recently, and will they keep climbing?

Prices have spiked in recent weeks for crude oil, as well as fuels like gasoline at pumps, and although tensions in the Middle East are a big factor, there is more to the equation.

Economics

2 w. ago EU Faces Struggle to Cut Russia Oil Price Cap on Mideast Risk

The European Union faces an uphill struggle to lower the Russian oil price cap after US opposition at the Group of Seven summit and a crude price spike driven by Iran-Israel tensions.

Economics

3 w. ago Palm Oil Jumps Above 4,000 Ringgit Mark to Track Soy Oil, Crude

Palm oil jumped above the 4,000 ringgit mark to track gains in soyoil, which surged on Washington’s proposal to allow refiners to blend a record amount of biofuels into gasoline and diesel next year.

Other

3 w. ago Charting the Global Economy: Israeli Airstrikes Boost Oil Prices

Crude oil prices surged and investors sought the safety of gold after Israel conducted airstrikes on Iranian atomic facilities involved in nuclear enrichment.

Economics

3 w. ago Oil prices leap amid worries about crude market due to Middle East conflict

Fears of a wider Middle East conflict sent oil prices higher and global stock markets lower on Friday morning, following Israel's overnight attacks on Iran.

Economics

3 w. ago Gold Jumps After Israel Launches Strikes On Iran’s Nuclear Sites

Gold spiked after Israel conducted airstrikes targeting Iran’s nuclear sites and military leadership, raising fears that hostilities between the two nations may spiral into a wider regional conflict.

Science

3 w. ago Crude Oil Spikes as Israel Carries Out Airstrikes Against Iran

Oil surged after Israel carried out airstrikes against targets in Iran, raising fears of fresh confrontations in a region that accounts for a third of global crude production.

Transport

3 w. ago Oil Spikes as Israeli Attacks on Iran Stoke Confrontation Fears

Oil surged after Israel carried out a wave of military strikes against targets in Iran, raising fears of fresh confrontations across a region that accounts for a third of global crude production.

Events

3 w. ago Crude Oil Declines as Traders Parse Signals on US Trade Policy

Oil fell for a second day, as traders digested a welter of headlines on US trade policy, including an appeal court ruling that US President Donald Trump can press on with his global tariffs.

Economics

3 w. ago Crude Oil Steadies as Traders Parse Signals on US Trade Policy

Oil steadied as traders digested a welter of headlines on US trade policy, including an appeal court ruling that US President Donald Trump can press on with his global tariffs.

Events

3 w. ago The Alberta Energy Regulator publishes its 2024 Pipeline Performance Report

CALGARY, AB, June 10, 2025 (GLOBE NEWSWIRE) — The Alberta Energy Regulator (AER) has released its 2024 Pipeline Performance Report, the latest in its annual series tracking industry performance on pipeline safety across the province. The AER regulates more than 400 000 kilometres of pipeline within Alberta’s borders that transport natural gas, crude oil and refined […]

Other

3 w. ago Kazakh Oil Exports to Hold Near Record Again in Fresh OPEC+ Test

Kazakhstan’s crude oil exports are set to hold near record levels again next month, highlighting the ongoing challenge the central Asian country’s burgeoning supply is posing for OPEC+.

Economics