Prime Minister Mark Carney is hinting that Canada could soon see a major new oil pipeline proposal, calling it "highly likely" as part of a broader nation-building effort. The project might get fast-tracked under new federal legislation, signaling Ottawa’s push to prioritize big infrastructure developments—especially those boosting energy exports from the West Coast.

Editor’s Note: Pipelines are always a hot-button issue in Canada, splitting opinions between economic boosters and environmental critics. If this moves forward, it could mean jobs and energy revenue—but also reignite debates over climate goals and Indigenous rights. Either way, it’s a sign the government’s leaning into big, contentious projects to fuel growth.

Saudi Arabia just upped the price of its top-tier crude oil for Asian buyers—more than analysts predicted. This isn’t just a routine adjustment; it’s a bold move signaling that the Saudis aren’t worried about recent OPEC+ supply increases tanking demand. Essentially, they’re betting the market can handle it without prices slipping.

Editor’s Note: Oil prices are like a global economic pulse check, and Saudi Arabia’s pricing power tells us something important: they see enough demand out there to justify hiking costs, even as OPEC+ pumps more supply. For consumers, it might mean pricier gas down the line, but for investors, it’s a sign of confidence in the market’s resilience. If the Saudis are this bullish, others might follow suit.

OPEC+ just threw a curveball at the oil market by boosting production way more than expected—548,000 extra barrels per day in August. Analysts were caught off guard, but the move makes sense: global economies are looking stronger, and oil stockpiles are running low. It’s a clear sign the group is prioritizing market share over propping up prices.

OPEC+ heavyweights like Saudi Arabia and Russia, along with six other members, just announced they're cranking up oil production even more in August—adding another 548,000 barrels per day to global supply. This signals a strategic push to lock down market share while prices stay high.

OPEC+—the alliance of oil-producing nations led by Saudi Arabia and Russia—is reportedly gearing up to ramp up production even faster than planned, according to insider sources. This move signals a response to tight global supplies and soaring fuel prices, though the final decision hinges on upcoming meetings.

OPEC+, the group of oil-producing nations, has decided to boost oil production starting in August. This move comes amid high fuel prices and pressure from major consumers like the U.S. to ease supply constraints. While the increase is modest, it signals a willingness to stabilize the market—though some analysts argue it may not be enough to significantly lower prices.