US is maxing out its strategic oil reserves
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Iran, Hormuz and Oil prices
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The Edmonton Oilers are not done making offseason moves just yet. General manager Stan Bowman has already brought in Ryan Shea and Frederick Andersen via free agency and acquired Devon Levi and Shakir Mukhamadullin in separate trades.
The reopening of the pipeline has made residents anxious in a region prized for its gorgeous beaches and ocean views.
The United States Oil Fund (USO), the ETF that best tracks oil prices, offers equity options traders a liquid, accessible alternative to the complexities of the futures market.
Oil prices climbed by more than 3% on Monday 13 July following renewed military exchanges between the US and Iran, prompting concerns over the security of global energy shipments through the Strait of Hormuz.
Latest Edmonton Oilers futures, including Connor McDavid props and Stanley Cup odds, ahead of Alberta launching regulated sports betting.
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Canada's Oil Sands Alliance reaches agreement to advance Pathways Carbon Capture and Storage Project
July 13 (Reuters) - Canada's federal government, the province of Alberta and the Oil Sands Alliance on Monday said they reached an agreement to advance the Pathways Carbon Capture and Storage Project,
Oil prices raced upward on Monday as President Trump said the US would reimpose its blockade of the Strait of Hormuz and begin charging a 20% fee on any cargo shipped through the vital waterway, further complicating an already volatile situation in the Middle East.
