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Crude oil prices News

Western Canada crude oil prices strong as production cuts kick in

Calgary - Crude oil prices in Western Canada remained elevated on Wednesday, the day after provincially mandated oil production curtailments came into force, but a government spokesman says it’s too early to say how long the program will remain in place.

Korea-owned Harvest Operations to re-open oil sands project

In a surprising move, South Korea-owned Harvest Operations Corp. says it has decided to complete and begin producing from a 10,000-barrel-per-day BlackGold SAGD oil sands project near Conklin, Alberta that it halted in 2015.

Oil prices can't catch a break as U.S. gasoline demand falls

Based on figures from the U.S. Energy Information Administration (EIA), gasoline demand in the U.S. dropped 2.4 percent in February from a year earlier. Based on the figures, the drag from gasoline has pulled crude oil prices lower.

Crude oil price hike due to Syria crisis may raise gasoline costs

Drivers across the United States may be in for a shock when petrol cuts predicted for fall don't materialize. Jittery markets and uncertainty about the situation in Syria since August 26 have led to spikes in crude oil prices that may persist for a while.

Firms Crimping Oil Supplies

An AP analysis and a Pew Research Center poll found in October find. The Pew Research Center is a nonpartisan "fact tank" based in Washington, DC, that provides information on the issues, attitudes and trends shaping the USA and the world.

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A Shell Oil (Royal Dutch Shell) gas station near the interchange of California State Route 46 and In...
A Shell Oil (Royal Dutch Shell) gas station near the interchange of California State Route 46 and Interstate 5 near Lost Hills, California.

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