Sunday, June 21, 2026

Cenovus Looks to Europe for Higher Oil Margins

From the Globe and Mail Cenovus Energy Inc. is intensifying efforts to export crude to global markets as the oil sands producer seeks higher margins for severely depressed barrels. Cenovus has shipped a cargo of crude oil from its flagship Christina Lake bitumen project in northeastern Alberta to Europe, adding to a steady trickle of Canadian oil that has flowed

Iran and Saudi Arabia: if Current Actions Escalate to War, What Happens to Oil Prices?

An expert on relations between the two countries weighs in on this week’s clash in an exclusive Oil & Gas 360® interview Relations continued to worsen this week between Iran and Saudi Arabia in the Middle East, with Iran claiming that Saudi Arabia intentionally struck its embassy in Yemen with an airstrike late Wednesday night. Yemen has served as a