What happens when the oil market flashes a deceptive grin while storm clouds of oversupply loom large on the horizon? In 2025, Brent crude prices paint an odd "smile" on the forward curve, suggesting confidence even as forecasts predict a glut of millions of barrels per day. This perplexing
What happens when a nation's energy lifeline turns into a battlefield target, transforming the economic foundation into a vulnerable front line? Across Russia's sprawling landscape, plumes of smoke rise from oil refineries and pipelines, struck by Ukrainian drones in a relentless campaign. This
In a bold move to diversify its oil export markets, Alberta, Canada's leading oil-producing province, is exploring a groundbreaking partnership with Japan that could reshape global energy trade dynamics and create new opportunities. With nearly 90% of its 4 million barrels per day of production
South Korea’s petrochemical industry, a vital engine of the nation’s economy, stands on the brink of collapse under the weight of a staggering global oversupply, and with profit margins evaporating and exports plummeting, this sector that once powered industrial growth is now grappling with an
A Pivotal Clash in the Energy Sector Imagine a courtroom in Delaware becoming the epicenter of a multi-billion-dollar struggle over one of America's key refiners, Citgo Petroleum. This is not a fictional drama but a real-time market event unfolding as affiliates of hedge fund Elliott Investment
In a bold move that could reshape the landscape of Canada’s oil sands industry, Cenovus Energy has launched a C$7.9 billion ($5.68 billion) cash-and-stock bid to acquire MEG Energy, positioning itself as a defender against a hostile takeover attempt by Strathcona Resources. This significant
