IEA Executive Director Fatih Birol met with Canadian officials to discuss oil and gas market disruption tied to the Strait of Hormuz crisis and Canada’s growing role in global energy exports. SourceContinue Reading

Trump Cannot Just Win the Strait. He Has to Win the Oil Curve | OilPrice.com Emir Phillips Emir J. Phillips is a finance professor and author whose work examines energy finance, monetary architecture, valuation, banking fragility, and political economy. His essays have… More Info Premium Content By Emir Phillips – May 07, 2026, 5:00 PM...Continue Reading

BW Offshore has extended the FPSO BW Catcher contract through the end of 2030, adding approximately $490 million in operating cash flow backlog and improving redeployment flexibility. SourceContinue Reading

Water Is Quietly Becoming One of the Biggest Risks in Energy | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – May 07, 2026, 4:00 PM CDT Water...Continue Reading

Canada Scores Record Trade Surplus on High Oil | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – May 07, 2026, 3:00 PM CDT Canada posted its first trade surplus in six months in March, with exports jumping 8.5% as...Continue Reading

Iran has cut oil production by roughly 400,000 barrels per day (bpd) as exports stall and storage runs out, according to U.S. Energy Secretary Chris Wright. “It looks like they’ve likely already cut back their production, maybe by 400,000 barrels a day,” Wright said in an interview on Thursday. “They’ll likely continue to ramp down...Continue Reading

Canadian Natural Says Pipeline Needed to Unlock Oil Sands Growth | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – May 07, 2026, 1:30 PM CDT Canada’s oil sands can grow, but getting...Continue Reading

Trump-Linked Tungsten Deal in Kazakhstan Moves Forward | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – May 07, 2026, 1:00 PM CDT Cove Kaz Capital closed a deal to...Continue Reading

U.S. Cracks Down on Iraq Oil Links to Iran | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – May 07, 2026, 12:30 PM CDT The United States has sanctioned Iraq’s deputy oil...Continue Reading

UAE Running Ghost Tankers Through Hormuz to Escape Iran’s Blockade | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 07, 2026, 12:00 PM CDT ADNOC moved at least 6 million barrels of Upper Zakum and Das crude through the Strait of Hormuz...Continue Reading