Brent crude oil OTC price has fallen below $92 per barrel, with a daily decline of over 0.5%.

Unifor, Canada’s largest private sector union, has announced that it has reached a tentative agreement with General Motors (GM.US). The implementation of this preliminary agreement will require a vote among union members. The agreement is likely to cover key issues such as employee wage adjustments, job security, factory capacity allocation, and labor rights for positions related to new energy vehicles—topics that are of significant concern to multiple parties. The outcome will have a considera

Canadian Prime Minister Carney stated that conducting oil and liquefied natural gas trade with Asia can help Canada reduce its dependence on the United States.

According to disclosures from U.S. officials, on Friday night, approximately 40 oil tankers passed through the deep-water channel in the southern part of the Strait of Hormuz, ensuring the passage in and out of the strait. That night, a total of about 16 million barrels of crude oil were transported out of the Strait of Hormuz via this channel. As one of the world’s busiest oil transport chokepoints, the Strait of Hormuz is responsible for nearly 30% of the Middle East's oil exports. Changes in

On the 22nd local time, according to Iranian sources, during the visit of Speaker of the Islamic Consultative Assembly of Iran, Mohammad Bagher Ghalibaf, to Iraq, the Iraqi side requested that Iran grant special transit permits for Iraqi oil tankers to pass through the Strait of Hormuz. It is reported that Iraq has previously made this request to Iran several times through various channels, and Iran currently allows some Iraqi oil tankers to pass through the Strait of Hormuz. (CCTV News)