World Business
Hormuz Attacks Hit Record High, Oil Exports Slow
Ship attacks near the Strait of Hormuz reached a record 12 vessels in a week, according to BBC Verify, significantly slowing oil...
#oil exports 9 articles
World Business
US Waives Iran Oil Sanctions for 60-Day Peace Talks
The United States temporarily lifted sanctions on Iranian oil exports on Monday, a move linked to 60-day peace negotiations aimed at allowing...
Stocks
Pembina Joins Major Energy Corridor Project to Boost Canadian Oil Exports
Pembina Pipeline Corporation has signed a non-binding agreement to participate in a proposed nation-building energy corridor, aiming to construct a new 1-million-barrel-per-day...
World Business
US Sanctions Waivers Boost Iran Oil Exports; Billions in Aid Conditional
Tehran has secured immediate economic relief through US sanctions waivers, allowing a swift rebound in its crucial oil exports. However, billions in...
Stocks
U.S. Blockade Drives Iran Oil Exports to Six-Year Low
Iran's oil and condensate exports fell below 300,000 barrels per day in May, marking a six-year low. Analysts attribute this sharp decline...
Markets
Suncor CEO: National Resolve Key to Boosting Oil Exports as Profit Hits $2.1B
Suncor Energy Inc. reported a $2.1 billion Q1 profit, up 24%, driven by higher crude prices and record sales. CEO Rich Kruger...
Stocks
Exxon CEO Sees Opportunity in Venezuela’s Oil Rebound
Exxon Mobil CEO expresses optimism about Venezuela's oil sector, which has seen exports reach a seven-year high. U.S. oil firms are exploring...
Stocks
Asian Demand Drives U.S. Oil Exports to 5.2M BPD Record
U.S. crude exports projected to hit record 5.2M bbl/day in May. Asian buyers are offsetting Middle East supply losses due to the...
Economy
Iraq’s Oil Exports Halt: Basra Output Plummets 70% Amid Hormuz Closure
Iraq's economy faces a severe blow as the Strait of Hormuz shutdown halts oil exports, slashing Basra's production by over 70% and...