Headlines

U.S. distillate fuel oil inventories fell to a 23-year low last week, the Energy Information Administration said on Thursday, as the Iran war continues to choke global fuel supplies and raise demand for U.S. crude and petroleum products. The country's distillate stockpiles, which include diesel and heating oil, fell by 2.1 million barrels in the week ended May 22 to 100.8 million barrels, the lowest since May 2003. Analysts had expected a 1.02 million-barrel drop. "We're going to continue [Read more]

U.S. crude, gasoline and distillate stockpiles fell last week, the Energy Information Administration said on Thursday, as demand jumped. Crude inventories fell by 3.3 million barrels to 441.7 million barrels in the week ended May 22, the EIA said, compared with analysts' expectations in a Reuters poll for a 4.14 million-barrel draw. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 2.79 million barrels in the week, the EIA said. Oil futures held on to earlier gains, despite [Read more]

The U.S. and Iran have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program, but President Donald Trump still needs to give final approval, Axios reported on Thursday, citing two U.S. officials. (Reporting by Katharine Jackson and Daphne Psaledakis) [Read more]

SECURE recently developed a novel & unique flowback treatment chemistry to specifically target polymer & solids stabilized emulsion complexes which are commonly present during the initial flowback stages of Montney wells. A top-tier Montney producer operating in Northeast B.C was experiencing severe emulsion issues during the initial flowback stages of their Montney wells, causing major operational issues including: Erratic guided wave radar performance issues on inlet vessel [Read more]

If Donald Trump is indeed backing off and allowing the Federal Reserve to do what it needs to do, then the U.S. president may have to park his administration's long-assumed preference for a weaker dollar too. For some nervous Republicans, that may come asa relief. As his appointee Kevin Warsh was sworn in as Fed chair last week, Trump appeared to change tack on his perpetual demand for ever-lower U.S. interest rates, and his persistent barracking of Warsh's predecessor, Jerome Powell, on the [Read more]

CALGARY, Alberta – May 2026 Fuelled, the leading online marketplace for energy and industrial equipment, today announced that it has been engaged to market a 10-million-gallon-per-year B100 biodiesel plant located in Missouri. The facility represents one of the most complete and well-documented renewable fuel assets to come to market in North America. The mandate arrives at a pivotal moment for the North American biofuels sector. Domestic demand for clean, low-carbon fuels continues to [Read more]