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Oil rises
Oil prices suffer November drop as Middle East fears ease, OPEC+ delays meeting
Oil futures fell Friday, booking weekly and monthly losses after a cease-fire this week between Israel and Iran-backed Hezbollah helped soothe remaining worries over a wider conflict that could threaten crude supplies.
Oil up as Israel says ceasefire violated, OPEC+ delays meeting
Oil prices ticked up on Thursday, after Israel said its ceasefire with Lebanese armed group Hezbollah was violated and Israeli tanks fired on south Lebanon and OPEC+ delayed by a few days a meeting likely to extend production cuts.
Oil rises as Israel-Hezbollah ceasefire violated, OPEC+ delays meeting
Oil prices rose nearly 1% Thursday after Israel reported ceasefire breaches with Hezbollah, reigniting Middle East tensions. Brent hit $72.90 a barrel, recovering recent losses. Meanwhile, OPEC+ postponed its meeting,
Oil and gas drilling activity to reach 10-year high in 2025
Canada’s oil patch rattled by Trump's tariff threat
The proposed tariffs, if applied to oil and gas, could hammer Canada's economy and hike prices at the pump for Americans, analysts say.
Oil and gas drilling projected to reach 10-year high but Trump tariffs pose threat
The Canadian Association of Energy Contractors (CAOEC) says Trump's recent threat of 25-per-cent tariffs across the board on goods coming into the U.S. from Canada and Mexico should be taken "very seriously.
Oil and gas drilling activity to reach 10-year high in 2025: Industry group
An industry organization predicts 2025 will see the highest amount of oil and natural gas well drilling activity in Canada in a decade.
14h
Oil settles down as ease of supply risks drives weekly loss
Oil prices edged lower on Friday and posted a weekly decline of more than 3%, pressured by easing concern over supply risks ...
2d
on MSN
Trump Treasury Nominee’s Oil Math Doesn’t Add Up
Boosting energy production is easier said than done, and the effect on the government deficit isn’t clear either.
2d
on MSN
Maine Sues Major Oil Companies Over ‘Ongoing Deception’ About Climate Change
The lawsuit is just the latest alleging a decades-long disinformation campaign about global warming and the companies' ...
16h
on MSN
Oil heads for 3% weekly decline as supply risks ease
Oil prices were steady on Friday and heading for a weekly decline of 3%, pressured by easing concern over supply risks from ...
Crude Oil Prices
1d
Analysts Cut 2025 Oil Price Forecasts Again
Brent Crude
oil
prices are expected to average $74.53 a barrel next year, the monthly Reuters poll of dozens of analysts ...
1d
on MSN
Inglewood Oil Field owner sues California for ‘illegal’ terminating of operations
The law "represents an illegal attempt to coerce an individual company to stop operation of its legal business," oil field ...
15h
US oil output fell in Sept by the most since Jan, EIA says
U.S. crude oil output fell by 157,000 barrels per day (bpd) month-over-month to 13.20 million bpd in September, the largest ...
2d
Robust Fuel Markets Are Throwing a Lifeline to Gloomy Oil Bulls
With oil prices headed for a second annual decline and a widely expected surplus in 2025 fast approaching, bullish traders ...
1d
on MSN
Oil field owner sues California over law that would end its Los Angeles-area operations
The owner of an oil field in Los Angeles County is suing the state of California over a law that will require it to stop ...
2d
Maine Becomes the Latest State to Sue Oil Companies Over Climate Change
In a new lawsuit, the state’s attorney general claims oil companies deceived the public about fossil fuel products’ ...
1d
Repsol sells Colombian oil and gas assets for $530 million
Spanish oil company Repsol has agreed to sell oil and gas production assets in Colombia to Geopark for $530 million, the two ...
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