oil
Oil prices climb on worries of possible Iran-US conflict
[HOUSTON] Oil prices settled higher on Friday (Feb 6), reversing earlier losses as traders worried that this week’s talks between the US and Iran had failed to reduce the risk of a military conflict b...
Trump welcomes China, India investment in Venezuela oil
Venezuela will allow greater ownership for foreign oil companies
ExxonMobil, Chevron clock best month since 2022 as crude surges
The robust moves come alongside an upswing in oil prices and a broader rally
Oil hovers near six-month high as investors track US-Iran tensions
A stronger US dollar can limit demand from oil buyers paying in other currencies
Trump threatens tariffs on any nation supplying Cuba with oil
[WASHINGTON] US President Donald Trump on Thursday threatened new tariffs on countries supplying oil to Cuba, escalating a pressure campaign against the Communist-run island.
Why US parks Venezuelan oil money in a Qatar bank account
The move ensures that Venezuela doesn’t wriggle out of the US dollar zone
Chevron amasses largest fleet in almost a year to ship Venezuelan oil
The US has also enlisted traders Trafigura Group and Vitol Group to help sell as much as 50 million barrels of oil
Vitol and Trafigura – traders at the heart of Trump’s Venezuela oil grab
The companies’ special licences to ship still-sanctioned barrels have given them a head start in a potentially lucrative trade
World oil market faces major surplus in first quarter: IEA
It forecasts that the global oil supply will exceed demand by 4.3 million barrels a day, equal to 4% of the world demand
Canada’s energy sector is its gateway to Asia
With economies like South Korea, Japan and Singapore importing almost all their oil and gas, Asia presents a huge opportunity for Ottawa
