Monday, June 15, 2026

Austrian Explosion Rattles Europe’s Gas Market

From Bloomberg Natural gas flows were set to recover in Europe after an explosion at an Austrian hub threatened supplies already pinched by a closed pipeline in the North Sea and a cold snap across the continent. Oil company OMV AG, which controls the Baumgarten gas hub, managed to divert international transit pipelines so that flows to Italy, Germany and

Canadian Crude Oil Stats

Canada produced 20.0 million cubic meters (125.6 million barrels) of crude oil and equivalent products in September 2017, up 3.8% from the same month a year earlier. Canada’s statistics arm said the increase was largely attributable to an 11.8% rise in non-upgraded production of crude bitumen, which was offset by declines in synthetic crude (-5.3%) and in light and medium