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Vol. 30, No.47 Week of November 30, 2025
Providing coverage of Alaska and northern Canada's oil and gas industry


Crude surplus looms

Russia/Ukraine peace prospects become major catalyst for crude markets

Steve Sutherlin

for Petroleum News

Alaska North Slope crude gained 84 cents on Nov. 24 to close at $63.89 per barrel, while West Texas Intermediate gained 78 cents to close at $58.84, and Brent gained 81 cents to close at $63.37. The day's gains broke a 3-day losing streak prompted largely by reopened negotiations announced Nov. 19 f....

    [additional news subjects in this story]

Oversupply on track to grow


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