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Rollercoaster week for oil prices ends with a surprise

Nov 24, 2025 What's New

Oil prices started the week off higher but faltered as a result of continuing concerns over a glut in the near-term and the first refined product storage gains in several weeks but despite a draw in crude...

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US begins process to reopen leasing in Alaska’s National Petroleum Reserve

Oct 21, 2025 What's New

Instead of the 13.3 million acres available for leasing after a 2024 Biden administration ban, the Trump administration will allow companies to offer from 18.58-million acres, or over 80% of the reserve’s acreage....

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Phillips 66, Kinder Morgan propose refined products pipeline to US West Coast

Oct 21, 2025 What's New

The Western Gateway Pipeline would connect Midwest refinery supply to Phoenix...

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US Oil and Gas Rig Counts Rises to Highest Since June, Says Baker Hughes

Sep 29, 2025 What's New

U.S. energy firms this week added oil and natural gas rigs for a fourth week...

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Sempra advances Port Arthur LNG Phase 2 with FID, $14 billion investment

Sep 29, 2025 What's New

Phase 2 includes two natural gas liquefaction trains, one LNG storage tank,...

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S&P Global: Canadian oil sands production expected to reach all-time highs this year

Jun 25, 2025 What's New

The projection anticipates production will rise to over 3.9 million b/d by...

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What is the Strait of Hormuz and Why is it so Important for Oil?

Jun 25, 2025 What's New

The strait lies between Oman and Iran and links the Gulf north of it with the...

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