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BREAKING NEWS:
UAE Crude Output Nears Record Following OPEC Exit, Sources Say
Global LNG Trade Hit Record in 2025, But Middle East Conflict Clouds Outlook, IGU Says
More Than 373,000 US Customers Without Power Due to Extreme Weather
Ontario, Alberta Pitch Cross-Canada Oil Pipeline to Ease US Reliance
Oil Climbs as Fresh Tanker Strike Highlights Risks Around Hormuz
Oil Stocks in US Strategic Petroleum Reserve Fall to Lowest Level Since 1983
Cuba’s National Electric Grid Collapses, Reason Unknown
Alberta and Ontario Propose New 2,050-Mile Canada Oil Pipeline
Khamenei Funeral Signals Iran’s Defiance and New Regional Order
Saudi Arabia Cuts August Arab Light Asia OSP, Biggest Drop in Over Two Decades
Iraq Approves Preliminary Agreements to Study Strategic Oil Export Pipeline Projects
World Absorbs Historic Iran War Oil Supply Loss, But Depleted Stocks Bring Risks
OPEC+ to Boost Crude Output, but Can it Deliver and Who Will Buy?: Russell
CDN and International News
China’s Commodity Imports Show Hormuz Impact as Oil Slides, Metals Rise: Russell
May 12, 2026
Read More ➝
Iran Now Defines Strait of Hormuz as Far Larger Zone, IRGC Officer Says
May 12, 2026
Read More ➝
Top Asian LNG Markets Boost Coal Use as Iran War Limits Supply
May 12, 2026
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ADNOC Drilling Ready to Expand UAE Oil Capacity Past 5 Million Bpd Target if Asked
May 12, 2026
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Strait of Hormuz Disruption Could Push Oil Market Recovery into 2027, Aramco CEO Says
May 12, 2026
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Aramco Could Reach Oil Production Capacity of 12 Million bpd in Three Weeks if Required, CEO Says
May 12, 2026
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JP Morgan Sees Brent Staying in Low $100s Even if Hormuz Reopens in June
May 12, 2026
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Oil Market Will Lose Around 100 Million Barrels Every Week, if Strait of Hormuz Remains Closed, Aramco CEO Says
May 11, 2026
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OPEC Oil Output Hits New Low in April on Hormuz Export Disruption, Reuters Survey Finds
May 11, 2026
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India Declines Russian LNG Under Sanctions, Talks Continue on Permitted Cargoes, Sources Say
May 11, 2026
Read More ➝
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