BaynWallstreet

(Bloomberg) — Kuwait, OPEC’s fifth-biggest producer, reduced oil and refinery production following the slowdown of shipping traffic through the Strait of Hormuz, the latest in a string of output reductions that hit some of the world’s biggest energy producers.   Read More

This week FP Video was on the floor of the Prospectors & Developers Association of Canada (PDAC) 2026 convention in Toronto, talking to the movers and shakers of the natural resource industry. Read More

(Bloomberg) — Strait of Hormuz transit remains near a standstill for a sixth day, with Iran-linked tankers the only large vessels making the crossing in the past 24 hours. Read More

(Bloomberg) — A week into one of the biggest ever disruptions to global energy markets, oil prices still remain far below levels seen in previous crises. But a growing chorus of energy executives and traders is warning that every day that war rages on brings the world closer to a tipping point — with several predicting $100 crude within days. Read More

(Bloomberg) — US oil prices posted the biggest weekly gain on record as the war in Iran upends critical energy market flows, with shipping through the Strait of Hormuz grinding to a virtual halt. Read More

Why now is not the time to buy the dips from the war in Iran, how projects of national interest could help Canada’s freight stocks and more from The Week in Stocks. Read More

JPMorgan Chase & Co. is shifting more of the debt financing for the record leveraged buyout of Electronic Arts Inc. toward junk bonds, according to people with knowledge of the matter. Read More