Analysts anticipate continued upward momentum driven by robust demand during the peak driving season and reduced exports from OPEC and Russia.
July 06, 2024
Saudi Arabia's state-owned company has once again reduced its crude prices for all grades destined for Asia, marking the second consecutive month of cuts.
July 06, 2024
OPEC and industry leaders see oil and gas playing a vital role in the energy transition.
July 06, 2024
The Latin American producer of tarsands boosted its crude oil output to an average of 908K b/d in Jun., a 10K b/d increase from May.
July 06, 2024
The US oil and gas sector is experiencing a deceleration in production growth due to lower prices and a strategic focus on shareholder returns.
July 06, 2024
Canada's heavy oil has emerged as a key player in global oil growth as the oil sands sector is experiencing a resurgence, driven by the completion of the Trans Mountain Expansion Project (TMX) after significant delays.
July 01, 2024
Concerns about potential supply disruptions related to the wars in the Middle East and Europe outweighed news of weak supply/demand balances.
July 01, 2024
The outlook for the crude market in the second half of 2024 presents a nuanced landscape shaped by global economic factors and geopolitical dynamics.
June 29, 2024
The U.S. oil production landscape in 2024 presents a paradox: despite stagnant growth over the past 10 months, the country is poised to achieve a new annual production record.
June 29, 2024
The Trans Mountain Expansion (TMX) pipeline is set to implement significant changes to quality regulations for heavy crude effective Sept. 1, following industry feedback.
June 29, 2024
