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Vol. 30, No.20 Week of May 18, 2025
Providing coverage of Alaska and northern Canada's oil and gas industry


Caution follows rally

Inventory jump, possible return of Iran oil hit trade agreement rally

Steve Sutherlin

Petroleum News

Alaska North Slope crude slid 64 cents May 14 to close at $69.07 per barrel, while West Texas Intermediate fell 52 cents to close at $63.15 and Brent fell 54 cents to close at $66.09. A surprise jump in U.S. crude inventories spurred the losses, causing the benchmarks to give back a chunk of the pre....

    [additional news subjects in this story]

Trade agreements ignite crude rally

Rally loses steam


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