U.S. crude oil jumps nearly 3%, trades above $76 as market waits for Israel strike against Iran
U.S. crude oil rose nearly 3% on Monday, as the market waited for Israel to strike Iran. Oil prices spiked last week on fears that Israel could hit the Iran's oil industry in retaliation for Tehran's ballistic missile attack.
Iran's Oil Minister Visits Key Oil Terminal Amid Israel Strike Fears
An Israeli military spokesman said on Saturday that Israel would retaliate, following last week's missile attack by Tehran, "when the time is right." Following Iran's attack, Axios cited Israeli officials as saying that Iran's oil facilities could be hit in response.
Israel Defence Minister Warns Iran It May End Up Like Gaza, Beirut
Israeli Defence Minister Yoav Gallant warned Iran on Sunday that it might end up looking like Gaza or Beirut if the Islamic republic was considering an attempt to harm Israel.
Israel-Iran war news: Iranian minister tours site on Netanyahu's hitlist amid bombing, says ‘not afraid’
In response to Israeli threats, Iranian Oil Minister Mohsen Paknejad visited Kharg Island, emphasizing Iran's resilience. His visit follows missile attacks on Israel and US deliberations on military actions.
Iran's Oil Minister 'Not Worried About Crisis' Amid Israeli Threats
Iran's oil minister Mohsen Paknejad said on Saturday that he was "not worried" amid the escalating conflict in the region, the ministry's Shana news site said, after reports that Israel may strike Iran.
Iran Oil Minister Visits Key Site After Israeli Threats
Iranian Oil Minister Mohsen Paknejad visited an oil facility on Kharg Island on Sunday amid growing concerns over potential Israeli air strikes targeting such vital sites.
Chevron to Sell Oil Sands, Shale Assets for $6.5 Billion to Canadian Natural
Chevron’s Canada unit plans to sell its stakes in oil sands and shale assets to Canadian Natural Resources for $6.5 billion ...
Oil prices dip after strongest weekly rise in over one year
Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid ...
New Zealand loses first naval ship since WW2 threatening oil spill off Samoan coast
New Zealand’s Navy lost its first ship since World War II after the HMNZS Manawanui sank on a reef off the coast of Samoa on ...
Ukraine strikes a Russian oil hub as Zelenskyy says the war is in 'a very important phase'
Ukraine’s military claimed it struck a major oil terminal Monday in Crimea that provides fuel for Russia’s war effort as ...
Big Oil Urges Trump Not to Gut Biden’s Climate Law
Oil companies try to persuade the former president and his Republican allies not to slash provisions of the Inflation ...
Asia Refiners Lament Pricey Saudi Oil as Profits, Iran Risk Loom
Asian oil refiners hit by lean margins are baulking at Saudi’s latest price hike, saying the kingdom raised prices by more ...
Energy availability could be hurt if Mideast situation worsens, India's oil minister says
India's oil minister Hardeep Singh Puri said on Monday that energy availability could be hurt if the situation in the Middle ...
North Dakota’s Likely Next Governor Brushes Off Conflict Concerns, Says His Oil and Gas Ties Would Benefit the State
Kelly Armstrong earns nearly all of his personal income from oil and gas. If elected, he'll lead boards overseeing the ...
Dangote’s Nigerian Crude Grab to Shake Up Atlantic Oil Markets
Dangote oil refinery is due to take in up to 400,000 barrels a day of Nigerian crude over the coming two months as Africa’s ...
$100 oil could be the October surprise no one wanted
At just $70 a barrel, US oil prices remain much closer to their 2024 lows than their highs last fall of nearly $90. The ...
Ukraine strikes a Russian oil hub as Zelensky says the war is in ‘a very important phase’
Both sides are facing the issue of how to sustain their costly war of attrition — a conflict that started with Russia's ...
Chevron Canada Limited announces US$6.5 billion sale of its interests in the Athabasca Oil Sands Project and Duvernay shale
CALGARY, AB, Oct. 7, 2024 /CNW/ - Chevron Canada Limited ("CCL") announced today that it and Chevron Canada Oil Sands Partnership ("CCOSP") have entered into a definitive agreement to sell CCOSP's 20 ...