OIL IN 2026 – Analysts Hike Oil Outlook on Geopolitical Risks, Oversupply Concerns Limit Upside

Summary Brent projected to average $63.85 per barrel in 2026 WTI projected to average $60.38 per barrel in 2026 For table of crude price forecasts, click (Reuters) – Supply risks…

US Takes Step to Solidify Rules on Nuclear Fusion Energy

Summary Companies Fusion backers hope to generate power in 2030s Technology would produce nuclear power without long-lived radioactive waste US regulator publishes draft rule on fusion energy WASHINGTON, Feb 26…

Venezuela Suspends 19 Oil Production Contracts

Venezuela’s government has suspended 19 production-sharing agreements with private oil companies, Reuters has reported, citing unnamed sources. The deals are for projects in Lake Maracaibo, the Orinoco Belt, and several…

Alberta Budgets for Three Years of Deficit on Low Oil Prices

Alberta will end fiscal 2025/26 with a deficit and will run a deficit for the next three fiscal years as well, the province’s finance minister has said. The deficit for…

India Plans 30% Slash in Thermal Coal Imports This Year

India seeks to slash imports of thermal coal used in its power sector by 30% this year as it wants to use more of its domestic coal supply, industry and…

U.S. Department of Justice Sides With Argentina in $18 Billion YPF Lawsuit

The U.S. Department of Justice is siding with Argentina in a legal case of $18 billion relating to the 2012 nationalization of Argentinian oil company YPF.  In 2012, the Argentine…