4 d. ago Israel’s Strikes on Iran Raise Shipping Fears Over Chokepoints

Shipping lines, brokers and analysts are warning of risks to key maritime thoroughfares in the Middle East after Israel’s strikes on Iran, a major escalation in a region vital to global oil supply and trade.

Other

1 week ago Oil Extends Drop as Saudi Arabia Seeks More Major Output Hikes

Oil extended declines on signs Saudi Arabia is seeking another big production increase at next month’s OPEC+ meeting, in a bid for market share that could worsen a glut expected later this year.

Politics

1 week ago Oil Holds Decline as Saudi Arabia Seeks More Major Output Hikes

Oil held a drop on signs Saudi Arabia is seeking another big production increase at next month’s OPEC+ meeting, in a bid for market share that could worsen a glut expected later this year.

Politics

1 week ago NDP on TMX: We didn't want it. They built it. So let's use its full potential

Vaughn Palmer: B.C. NDP plays down calls for a major oil pipeline to the northeast coast by saying max out the Trans Mountain line

Other

1 week ago NDP on TMX pipeline: We didn't want it. They built it. So let's use its full potential

Vaughn Palmer: B.C. NDP plays down calls for a major oil pipeline to the northwest coast by saying max out the Trans Mountain line, which is running at around 80 per cent capacity

Other

2 w. ago Alberta Wildfires Shut Down About 7% of Canada’s Oil Production

Wildfires in Canada’s energy heartland of Alberta have shut down almost 350,000 barrels of daily heavy crude production — about 7% of the country’s output — as a major blaze near the province’s eastern border menaces oil sands operations.

Events

2 w. ago Wildfires in Alberta Pose Growing Threat to Canada’s Oil Output

Wildfires are threatening about 4% of Canada’s crude output as a blaze in Alberta’s oil sands region spreads and approaches major production sites.

Events

2 w. ago Kazakhstan Mulls Building Key Gas Refinery Without Oil Majors

Kazakhstan is considering building a natural gas refinery at the Karachaganak oil field by itself, after the cost of the development proposed by international oil companies ballooned to about $6 billion, according to people familiar with the matter.

Politics

2 w. ago Oil Declines as OPEC+ Supply Meeting Overshadows EU Trade Thaw

Oil slipped as the looming prospect of another major OPEC+ production increase overshadowed easing trade tensions between the European Union and the US.

Economics