Oil

Japan’s Eneos leads bids for Chevron’s Singapore oil refinery stake
Japan’s Eneos leads bids for Chevron’s Singapore oil refinery stake
[SINGAPORE] Japan’s Eneos Holdings is ahead of rival bidders for US heavyweight Chevron’s stake in a Singapore oil refinery, according to people familiar with the matter.Other suitors for the...
Middle East oil market weakens as glut concerns gain traction
Middle East oil market weakens as glut concerns gain traction
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026[SINGAPORE] The Middle Eastern oil market has weakened in recent weeks on concern that...
Ghost oil ships dock in Venezuela, showing challenge for US
Ghost oil ships dock in Venezuela, showing challenge for US
The International Energy Agency estimates the current oversupply at a record 3.8 million barrels a day[HOUSTON] Two so-called ghost oil ships are currently loading off the coast of Venezuela,...
Oil posts weekly loss on oversupply concerns
Oil posts weekly loss on oversupply concerns
IEA forecasts published on Thursday indicated that global oil supply will exceed demand by 3.8 million barrels per day next year[HOUSTON] Oil prices closed lower on Friday (Dec 12),...
Oil posts weekly loss on oversupply concerns
Oil slides as US pushes for Russia-Ukraine peace deal
[HOUSTON] Oil prices fell on Thursday (Nov 20) as the administration of US President Donald Trump pushed for Ukraine’s acceptance of a peace agreement with Russia to end a...
Consumers feel pinch at pump as Russia drives oil refining boom
Consumers feel pinch at pump as Russia drives oil refining boom
(Bloomberg) – It’s a great time to be an oil refiner – but a less great time to be filling up at the pump.In Europe, the US and Asia,...
Letters to Editor, Nov. 14, 2025: ‘Carney choking our oil industry’
Breadcrumb Trail LinksNewsAlbertaCanadaOpinionLettersPublished Nov 14, 2025  •  Last updated 5 hours ago  •  2 minute read You can save this article by registering for free here. Or sign-in if you...
Oil slips on scepticism about US commitment to Russian oil sanctions
Oil slips on scepticism about US commitment to Russian oil sanctions
[HOUSTON] Oil prices fell on Friday (Oct 24) as scepticism crept into the market about the Trump administration’s commitment to sanctions on Russia’s two biggest oil companies over the...
GREEN: Smith pipeline proposal reveals nature of oil & gas opponents
Breadcrumb Trail LinksNewsAlbertaCanadaOpinionColumnistsIn June, the Carney government passed Bill C-5 to purportedly eliminate the gridlock that prevents the construction of major energy infrastructure. But the government’s first list of...
Oil prices slip as robust supply outweighs Fed cut
Oil prices slip as robust supply outweighs Fed cut
[HOUSTON] Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first interest-rate cut by the US Federal Reserve...