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What is OPEC and how does it affect oil prices?The members of the Organization of the Petroleum Exporting Countries (OPEC) and its allies including Russia will meet on June 2 to discuss their joint oil production policy.EconomyMay 24
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Trans Mountain pipeline expansion will boost Canadian oil prices ‘for years’: MEG EnergyPrices for Canadian heavy oil increased, and the WCS-WTI differential narrowed, in April in anticipation of the start-up of the pipeline expansion.MoneyMay 7
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Higher oil prices don’t shake industry talk on spending discipline at CAPP conferenceThe price of oil has been on a steady climb all year, but the talk at Canada's biggest oil and gas conference is still focused on spending discipline.CanadaApr 10
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Why is olive oil so expensive now? Here’s what to knowIf you've noticed higher prices for extra virgin olive oil (EVOO) at the grocery store, you're probably not alone. The price for the item has skyrocketed in recent months.CanadaMar 29
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Climate disaster survivors urge emissions cap that energy CEOs call unnecessaryExecutives of some of Canada's largest oil and gas companies told a parliamentary committee they support carbon pricing as a tool to reduce their industry's environmental impact.EnvironmentJun 6
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S&P/TSX composite index weighed down by energy, U.S. markets riseWeakness in energy and base metals led Canada's main stock index to a loss Tuesday, the day before a much-anticipated interest rate decision from the Bank of Canada.EconomyJun 4
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University of Calgary looks to relaunch oil engineering program after hiatusThe University of Calgary says it is planning a potential relaunch of its oil and gas engineering program, which it suspended three years ago due to dwindling student demand.EconomyMay 24
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S&P/TSX composite posts small gain Monday, U.S. stock markets also upStrength in the energy, technology and base metal sectors helped Canada's main stock index post a small gain on Monday, while U.S. stock markets also rose.EconomyJun 10
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Gas prices have dropped in Canada. Will summer bring more relief?Canadians planning a road trip this summer could see some relief at the pumps but a volatile energy market and weather disruptions threaten gas prices in the country, experts say.ConsumerJun 5
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Alberta advantage slipping as living standards and wages decline: reportA new report published by the Alberta Federation of Labour says the "Alberta Advantage" is slipping away due to declining living standards and wages.EconomyMay 18
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Heading out for the May long weekend? Here’s what to expect for gas pricesFuel price analysts say there's unlikely to be much change at the gas pump this May long weekend, with most Canadians likely to see a one to two cent rise or drop on average.CanadaMay 17
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Inflation continues to cool. So is the Bank of Canada ready for rate cuts?April's inflation report is the final reading the Bank of Canada will get on price pressures ahead of its next interest rate decision on June 5.EconomyMay 21
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Imperial Oil marks record Q1 production at Kearl ahead of Trans Mountain startImperial Oil Ltd. pushed its Kearl oilsands project to record production as it continues to ramp up output ahead of the opening of the Trans Mountain pipeline expansion.CanadaApr 26
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World food prices rebound from three-year low, says UN agencyWorld food prices rebounded in March from a three-year low, boosted by increases in vegetable oils, meat and dairy products, according to the UN food agency's latest price index.WorldApr 5
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Trans Mountain pipeline project gives hope to those working, living in Fort McMurrayWith the official opening of the Trans Mountain pipeline expansion just days away, those who live and work in Fort McMurray hope their fortunes are headed for an upswing.EconomyApr 29
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S&P/TSX composite flat on Wednesday, U.S. stock markets fallCanada's main stock index was flat on Wednesday, helped by strength in battery metal and technology stocks, while U.S. stock markets moved lower.EconomyApr 17
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Gas prices in Ontario, Quebec to jump to highest level in 2 years: analystGas prices across Ontario and Quebec are set to rise to their highest level in almost two years, a petroleum analyst tells Global News.ConsumerApr 17
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Inflation ticked higher in March. Are Bank of Canada rate cuts still in the cards?Statistics Canada reported that the overall inflation in the country was 2.9 per cent year-over-year in March, up from 2.8 per cent the previous month.EconomyApr 16
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Gas prices surge in some parts of Canada. What’s causing pain at the pumps?Gas prices were up as much as 22 cents in some parts of Canada on Thursday. Here's where motorists were feeling the most pinch at the pumps, and why.MoneyApr 18
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Israel urged to show restraint over Iran’s missile and drone attackIsrael remained on high alert Monday, but authorities lifted some emergency measures that had included a ban on some school activities and caps on large gatherings.WorldApr 15