A coalition of OPEC, Russia and allied oil-producing nations agreed Sunday to boost output by a larger-than-expected amount in a move that could help offset any shortfall from Iran amid this weekend’s strikes.Why it matters: The OPEC+ boost of 206,000 barrels per day is an early sign of how producers and companies will respond to
Oil prices fallout: OPEC producers boost output after Iran strikes Read More »
Edmonton · Analysis The Alberta government’s new budget projects years of deficits due to slumping oil prices. Some experts say the province’s predictions for price recovery may be optimistic. Province’s predictions for price recovery may be optimistic, some experts say Taylor Lambert · CBC News · Posted: Mar 01, 2026 8:00 AM EST | Last
Alberta’s reliance on oil revenues means that when prices fall, the economy follows Read More »
Saturday 28 February 2026 10:45 am Trump’s attack could lead Iran to cause a new oil price surge. (Image: Getty) City analysts and policymakers are on edge as a possible attack by Iran on the Strait of Hormuz could send oil prices spiralling. Investors fear a new inflationary shock could hit major economies including the
Investors tremble as Iran risks oil price spiral with attack on Strait of Hormuz Read More »
Israeli Prime Minister Benjamin Netanyahu announced that Israel, in coordination with the United States, launched a joint military operation against Iran, citing the need to eliminate what he called an “existential threat” posed by Tehran’s regime and its nuclear ambitions. Netanyahu framed the coordinated offensive as a decisive step to prevent Iran from acquiring nuclear
Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Set us as your preferred Google source Premium Content By Tom Kool – Feb 27, 2026, 10:00 AM CST Oil ends the month on a firm
Oil Jumps as Iran Clock Ticks Toward Zero Read More »
TLDR Nvidia reports Q4 earnings Wednesday, the first major test of AI spending sentiment in 2026 The Supreme Court struck down Trump’s IEEPA tariff regime in a 6-3 ruling; markets reacted with modest gains Trump will deliver his State of the Union on Tuesday, likely addressing tariff replacements and economic policy Oil prices are up
Brix Lelis – The Philippine Star February 21, 2026 | 12:00am Local industry sources indicated that diesel prices may climb by P0.40 to P0.60 per liter in the final week of February, while gasoline is likely to hold steady or edge up by P0.10 per liter. STAR / File MANILA, Philippines — Diesel and kerosene
Fuel prices going up for 9th straight week Read More »
A search is underway for the person who stole an ambulance from St. Luke’s Hospital in Meridian, Idaho, and used the vehicle to crash into a nearby office building that houses U.S. Immigration and Customs Enforcement personnel. According to police, the suspect had poured gasoline or another unknown accelerant throughout the stolen vehicle before fleeing
Stolen Ambulance Doused in Gasoline Rammed into Idaho ICE Office Facility, Suspect Flees Read More »
By Tsvetana Paraskova – Feb 11, 2026, 7:00 AM CST Fourth-quarter earnings at French supermajor TotalEnergies ( NYSE: TTE ) fell by 13% from a year earlier as higher upstream production and improved refining margins couldn’t offset the decline in oil prices. TotalEnergies on Wednesday reported an adjusted net income of $3.84 billion for the
TotalEnergies Q4 Profit Slips on Lower Oil Prices Read More »
USD/CAD moves little after registering modest losses in the previous session, trading around 1.3640 during the Asian hours on Wednesday. The pair inches higher as the commodity-linked Canadian Dollar (CAD) struggles amid lower Oil prices, reflecting Canada’s role as the largest crude exporter to the United States (US). West Texas Intermediate (WTI) Oil price trades
USD/CAD holds ground near 1.3650 as Oil prices decline Read More »
