Oil

• As oil hits $100 a barrel, what to know about the Bab el-Mandeb strait

  As of 11 a.m. eastern on Thursday, Brent crude prices were around US$100.60 per barrel as conflict in the Red Sea drove oil tanker traffic in the crucial Bab el-Mandeb strait down.

  Economy

  Jul 23
  
• Oil prices spike, global stock markets mixed as Iran war escalates

  The U.S. stock market is drifting in mixed trading Wednesday, while oil prices climb another 3 per cent as fighting continues in the war with Iran.

  Money

  Jul 22
  
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• Canada ‘one of the best places in the world’ to buy oil from: U.S. envoy

  U.S. President Donald Trump has repeatedly said during his trade war that Washington does not need Canadian products, including the country's oil and gas.

  Canada

  Jul 20
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• Alberta, Saskatchewan make compelling case for supplying U.S. with oil: Hoekstra

  The U.S. ambassador to Canada says his country will need to find four million more barrels of oil per day over the next decade and Canada might be one of the best places to get it.

  Politics

  Jul 20
• Gas prices in Canada set to rise as Trump says peace with Iran is ‘over’

  Gas prices are likely going to tick up once again in Canada, according to an analyst, as a signed peace agreement between the U.S. and Iran appears to be unravelling.

  Consumer

  Jul 8
• U.S. halted Iran oil sales after ‘unacceptable’ Strait of Hormuz strikes

  The United States revoked on Tuesday a general license that authorized the sale of Iranian oil after recent strikes reported in the Strait of Hormuz.

  World

  Jul 7
• Canada’s exports were up for the 4th straight month, says StatCan

  Canada's economy was in a trade surplus for the third straight month in May and exports were up for the fourth month, Statistics Canada reported Tuesday.

  Economy

  Jul 7
• OPEC+ agrees to higher oil production ‘to support oil market stability’

  After the Iran war choked off about a fifth of the world's oil supply for several months, the world's largest alliance of oil-producing nations agreed to increase its quota.

  World

  Jul 6
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• Pipelines faced key challenges in the past. Can Alberta’s overcome them?

  Canada’s track record of proposing and building pipelines means that the newly announced project from Alberta to B.C.'s coast is likely going to face several key challenges.

  Canada

  Jul 3
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• Why strategic oil reserve refills will take ‘a lot of time’ after Iran deal

  If the Strait of Hormuz reopens following the signing of the Iran peace deal on Friday, experts say it will still take some time to replenish the world's strategic oil stockpiles.

  World

  Jun 18