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WTI slides further to $81 as oil-shipping ports near Gulf of Mexico resume operations
The Forex Market· 4 days agoThe Oil price faces selling pressure as supply concerns ease after meteorological department showed...
Eni makes oil and gas discovery off Mexico coast
Reuters via Yahoo Finance Canada· 4 days agoThe discovery, in an exploration well called Block 9, has a preliminary estimate of 300-400 million barrels equivalent (Mboe) of oil and associated gas...
Oil tanker seized by Iran moving to international waters, tracking data shows
Reuters via Yahoo Canada News· 2 days agoThe Marshall Islands-flagged Advantage Sweet was boarded by Iran's military in the Gulf of Oman in...
Oil prices rise as cooling US inflation points to rate cuts, hits dollar
Investing.com via Yahoo Finance Canada· 2 days agoStill, traders were positioning for tighter U.S. markets in the coming weeks, with summer travel set to continue, while hurricane Beryl was also seen causing some disruptions in oil ...
A Bronze Age-style ship just sailed through the Persian Gulf 4,000 years after it was designed
CNN via Yahoo Canada News· 12 hours agoUsing a supply list from an ancient clay tablet, experts have reconstructed a large Bronze Age ship...
Group sues federal government, claims it ignores harms of idle offshore oil and gas infrastructure
AOL· 1 day agoAn environmental group is suing the federal government to force the U.S. Department of Interior to reassess the long-term environmental effects of delays in shutting down inactive oil ...
Oil tanker held by Iran for over a year heads reaches international waters, tracking data shows
Toronto Star· 2 days agoThe Marshall Islands-flagged tanker Advantage Sweet traveled through the Strait of Hormuz, where it was seized in April 2023 by Iran’s navy while carrying $50 million worth of oil< ...
Beryl moves into the Gulf of Mexico after battering Mexico’s Yucatan Peninsula, takes aim at Texas
The Canadian Press via Yahoo Finance Canada· 7 days agoTULUM, Mexico (AP) — Beryl moved into the the Gulf of Mexico Friday and took aim at the south Texas...
Oil prices rise as US inventories shrink more than expected
StreetInsider· 1 day agoInvesting.com-- Oil prices edged higher in Asian trade on Wednesday as industry data showed a bigger-than-expected draw in U.S. inventories, although a build in distillate ...
Oil tanker held by Iran for over a year heads reaches international waters, tracking data shows
Associated Press via Yahoo Canada News· 2 days agoThe strait is the narrow mouth of the Persian Gulf through which 20% of the world’s oil passes....