80 Million Barrels of Crude Are Lined Up to Exit the Strait of Hormuz
The imminent transit of 80 million barrels of Iranian crude through the Strait of Hormuz, following a preliminary US-Iran diplomatic understanding, marks a major shift in global oil supply dynamics. T
Forget Critical Metals, Electricity is The Real Bottleneck for AI
The rapid expansion of artificial intelligence is shifting the primary constraint of tech development from hardware and critical minerals to raw electrical grid
OilPrice·Jun 19
First Oil Sands Project in 10 Years Starts Production
International Petroleum Corp. (IPC) has initiated commercial production at its Blackrod oil sands project in Alberta, marking the first greenfield oil sands dev
OilPrice·Jun 18
Oil Slips as Hormuz Traffic Resumes
Global crude prices experienced a downward correction as maritime traffic resumed through the strategic Strait of Hormuz, easing immediate market anxieties over
Germany's consideration to extend its strategic oil reserve waiver reflects deep-seated anxieties over European energy security, despite a temporary cooling of
OilPrice·Jun 18
Jun 18
How the U.S.-Iran Deal Put A Higher Floor Under Oil Prices
OilPrice
Jun 18
Hormuz Shipping Activity Accelerates
Rigzone
Jun 18
ExxonMobil Backs 1st South African LNG Import Terminal with Supply Deal