Duration of War on Iran Key in Rising Oil Prices The war against Iran did one thing this week—send crude oil prices climbing. Prices in the U.S. rose to nearly $73 a barrel after closing Friday, prior to the launching of the attacks by Israel and the U.S., at $67 a barrel. How much higher …
Tag: OilPrice.com
Canada moves to replace Keystone XL pipeline
New pipeline discussion emerges years after Keystone XL Four years after former U.S. President Joe Biden halted the proposed Keystone XL Pipeline, discussion has resurfaced around the possibility of a new Canadian oil pipeline, according to reporting by OilPrice.com. Keystone XL was designed to transport crude oil from Alberta, one of the world’s most oil-rich …