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2024 Could be a Better Year for Canadian Oil Producers

With Canada’s oil industry expecting the start of pipeline fills in the 590,000 b/d TMX lines between March and May, the price of Canada’s benchmark WCS is expected to strengthen to a $13-15 per barrel discount to WTI again. ....

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Oil Rig Count Inches Higher As WTI Holds Below $70

The U.S. oil rig count rose by 4 this week while as drillers didn t add any rigs at all ....

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Elon Musk Responds To Worries Over Altitude Changes In Starlink Satellites

Elon Musk s next-gen Starlink internet satellites face technical glitches, some of which will require deorbiting. ....

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Oil Tankers Rerouted To Rotterdam As Strikes In France Continue

Oil tankers are being rerouted to Rotterdam to avoid the French port of Le Havre as intensifying strikes disrupt the industry and protesters block airports and trains and clash with the police ....

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The IMF's Controversial Russian Forecast, Explained

The International Monetary Fund s prediction of a 0.3% growth in Russia s economy for 2023 has raised concerns about possible whitewashing or reliance on untrustworthy Russian statistics. ....

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