Oil Prices Stable as Near-Term Supply Plentiful
Oil prices were broadly stable and MUFG said oil prompt spreads were in contango-where oil futures are more expensive than spot prices-signaling ample near-term supply.
Canada, Alberta Agree to Back New Crude Pipeline to Pacific Coast
The move is another sign of Prime Minister Mark Carney's bid to position Canada as an energy-exporting superpower.
Summer Driving Season Is Here, and More Americans Than Ever Are Hitting the Road
