Read the latest news articles relating to the oil and gas industry.
By Nia Williams and Stephanie Kelly CALGARY (Reuters) – Canada’s Trans Mountain oil pipeline expansion (TMX), which will nearly triple the flow of crude from Alberta to Canada... Read more
Saudi Arabia’s energy minister said Riyadh and Moscow’s decision to extend crude oil supply cuts is not about “jacking up prices.” “We can reduce more, or we ca... Read more
The recent increase in oil prices could provide a boost to London’s prime office real estate market, according to Morgan Stanley. The Wall Street bank said that historically Middle Eas... Read more
Olive oil prices spiked to fresh records as severe droughts in major producing continue to crimp supplies — driving desperate people to resort to stealing it. Global prices of olive oil surg... Read more
BOSTON (AP) — The family of a 14-year-old girl who allegedly discovered a phone taped to the back of a toilet seat on a recent flight from Charlotte, North Carolina, to Boston said they beli... Read more
Speculators have been quick to chase a breakneck rally in crude futures. Now, the U.S. benchmark may be prone to a near-term pullback, warned analysts at Société Générale on Monday. West Tex... Read more
Treasury Secretary Janet Yellen on Monday said she thinks oil prices will stop rising but that the Biden administration is watching carefully. “My expectation is that they will stabilize, bu... Read more
In an aerial view, the Valero Houston refinery is seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Oil stock... Read more
Shake Shack’s famous crinkle cut fries may soon be receiving a major update. The burger chain on Monday announced that it is testing out a new frying oil which may make the spuds... Read more
Oil prices could rise to $100 a barrel in the short term thanks to the latest developments out of Saudi Arabia and Russia, according to Citi. The firm revised its third- and fourth-quarter p... Read more