Oil Prices Fall on U.S. Default Concerns

Oil & Gas - Exploration & ProductionOil & Gas - Services

Source: The Street, Andrea Tse (7/26/11)

"Oil futures sink as the economy continues to show signs of deterioration."

The Street, Andrea Tse

Crude oil futures were sinking Tuesday as traders held back on buying due to fears of demand destruction as the economy continued to show signs of deterioration and the threat of a U.S. debt default loomed.

West Texas Intermediate light sweet crude oil for September delivery was falling 94 cents to $98.26 and the September Brent crude contract was down 29 cents to $117.65 a barrel on light trading volume. . .View entire article

Oil Co. Advances Massive Namibia Hydrocarbon Discovery Toward Production Testing
Source: Streetwise Reports (05/15/2026)

Reconnaissance Energy Africa Ltd. (RECO:TSXV; RECAF:OTCQX; 0XD:FSE) is advancing its downhole testing operations at the Kavango West 1X site in Namibia. Find out what catalysts are ahead for the company.

Keith Kohl of Energy & Capital takes a look at the current state of the energy market and shares some oil stocks on his list.

Energy Co. Forms High-Value Alberta Oil Project Partnership with Korea
Source: Streetwise Reports (05/13/2026)

CanAsia Energy Corp. (CEC:TSX.V) teams with KIGAM on a CA$26M Alberta SAGD project targeting lower emissions and major production growth.

Energy Sector Delivers Big Gains on Long-Term Buy Signal
Source: Jack Chan (05/06/2026)

Jack Chan of Simply Profits shares his view on the energy sector, taking a specific look at oil.

The Bubble is Back!
Source: Michael Ballanger (05/04/2026)

Michael Ballanger of GMM Advisory Inc. warns markets are in a bubble as the Shiller CAPE hits 40, while spotlighting a copper junior's massive 5 km Chilean anomaly.