June
Enbridge Dispute With Michigan Over Oil Pipeline Goes to US Supreme Court
Enbridge Inc.’s long-simmering dispute with the state of Michigan over an oil pipeline that runs under the Straits of Mackinac is headed for the US Supreme Court after years of legal battles and the intervention of Canada’s government.
Oil Holds Losses as Risk Premium Recedes Before OPEC+ Decision
Oil held its biggest weekly loss in more than two years, as hedge funds piled into bearish bets after a fragile truce between Iran and Israel before a likely OPEC+ supply hike.
Inside the Trading Desks That Surfed 12 Days of Oil Market Mayhem
For today’s oil traders, headlines about bombs falling have increasingly become an opportunity to sell.
