Friday, January 9, 2026
OPEC Cuts Will Bring Crude Oil into Balance in 2017: UBS

Texas Reps Seek Funding for Corpus Christi Ship Channel Improvement Project

From Dredging Today Project is needed to continue export takeaway growth for U.S. energy The Port of Corpus Christi’s Ship Channel Improvement Project (CIP) received additional support from bipartisan members of the Texas Congressional Delegation in a recent letter sent to the U.S. Army Corps of Engineers, urging that more funds be designated to it this year. As noted in the letter,

Looming Canadian Pacific Rail Strike Lands Another Punch in the Face of Canadian Oil

‘Structured shutdown’ of CP operations already reported underway From Reuters/Grain News Montreal/Vancouver | Reuters –– Canada’s biggest rail union said no progress had been made in negotiations on Friday with Canadian Pacific Railway to reach a deal before a Saturday deadline as worries about a potential strike weighed on the country’s crude oil prices. If the two sides fail to

Panama Canal to Carry Five Times More LNG by 2020

From Reuters Looking at adding more locks TOKYO (Reuters) – The Panama Canal may carry five times as much liquefied natural gas (LNG) in 2020 as it did last year as production of the fuel expands in the United States and Asian import demand rises, the head of the canal’s governing agency told Reuters. LNG volumes traversing the Canal could