(Oil Price) – The oil price decline over the past year has started to dent Big Oil’s earnings, which have slipped from the 2022 and 2023 highs. The persistently low oil prices at about $60 per barrel in the past months, compared to $100 in 2022 and $80 in 2023 and 2024, signal that part of the shareholder returns of
(Oil and Gas 360) – CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) is pleased to announce that it has entered into agreements with Machai Capital, Inc. and Euroswiss Capital Partners Inc. to support market awareness, advertising and marketing initiatives designed to enhance the Company’s visibility within the Investment community. These initiatives will target investors globally through a range of
(Investing) – WASHINGTON – The United States and Mexico on Wednesday unveiled a 60-day plan to develop coordinated trade policies aimed at mitigating vulnerabilities in critical mineral supply chains, including possible price floors for certain mineral imports. The plan, which includes no specific mention of China and its chokehold on processing of many such minerals, calls for the two nations to
(BOE Report) – We all know people who seem to attract all the bad luck in life. Europe, facing both internal and external challenges, is starting to look like that unfortunate person. What the region needs now is clarity of purpose and a bold plan to achieve it. Some of the challenges Europe faces come from without, such as fraying
(World Oil) – Equinor expects oil output from its Johan Sverdrup oil field, the largest source of European supply growth in the last decade, to fall this year. Production will decline by somewhere between 10% and 20%, Chief Executive Officer Anders Opedal said at a media briefing on Wednesday. Exports from the field averaged 712,000 bpd last year, according to loading programs compiled by
(Oil Price) – With Russia still focused on Ukraine and China on Taiwan, the U.S. and its key Western allies — most notably, Great Britain, France, and Italy — are continuing to secure highly strategic geopolitical gains across the Middle East and North Africa (MENA). Following Moscow’s loss of its key client state in the region, Syria, the allies have been
(Investing) – Oil prices were largely flat on Wednesday, halting a sharp advance from earlier after reports of growing tensions between the U.S. and Iran pushed up concerns over potential supply disruptions in the Middle East. Oil had also benefited from industry data showing U.S. oil inventories unexpectedly shrank by a large amount in the prior week, as extreme cold weather in
Weekly Crude Oil Storage as of January 30, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 3.5 million barrels from the previous week. At 420.3 million barrels, U.S. crude oil inventories are 4% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data,
