Oil Rises as Diesel Export Talk Swirls
Brent rose nearly 4% as tight fuel supplies, Hormuz risks and diesel export concerns drove trading.
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EIA Raises USA Oil Production Forecasts for 2026, 2027
The U.S. Energy Information Administration raised its U.S. crude oil production forecasts for both 2026 and 2027 in its latest short term energy outlook.
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Imperial Oil Chief Calls for Alberta to Reject Separatism
Imperial Oil Ltd came out against Alberta separatism.
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USA-Iran Conflict Changes Definition of Available Barrel
The U.S.-Iran conflict has changed the definition of an available barrel, Ole Hvalbye, Partner at ABG Sundal Collier, told Rigzone.
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A Critical Week for Oil
Macquarie strategists, including Thierry Wizman, Global FX and Rates Strategist at Macquarie Group, noted that this was a 'critical week for oil'.
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Oil Dips as Saudi Pipeline Restarts
Oil slipped as Saudi Arabia moved to restart its East-West pipeline and traders weighed US-Iran diplomacy.
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Macron Urges EU to Relax Diesel Rules
French President Emmanuel Macron called on European Commission President Ursula von der Leyen to relax rules on oil products like diesel and kerosene.
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Global Upstream M&A Activity Set to Exceed 2025 Total
Global upstream mergers and acquisitions activity is on course to exceed last year's $175 billion total, Rystad Energy announced.
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Saudis in Process of Starting Vital Oil Pipeline
Saudi Arabia is in the early stages of starting up a key oil pipeline, people familiar with the matter said.
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Crude Falls on Iran Diplomacy Hopes
Oil fell as Saudi exports through Hormuz increased and hopes grew for diplomatic progress in the Iran war.