Oil Prices
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Oilsands output projected to hit new record this year: S&P GlobalProduction is expected to hit 3.5 million barrels per day this year.Economy2 hours
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Middle East tensions boost oil prices, threaten to disrupt supplyThe risk of a wider Middle East conflict has put investors on edge and boosted oil prices due to fears of a disruption in global oil supplies.EconomyJun 17
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Oil prices leap amid worries about crude market due to Middle East conflictFears of a wider Middle East conflict sent oil prices higher and global stock markets lower on Friday morning, following Israel's overnight attacks on Iran.EconomyJun 13
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Plunging world oil prices are a mixed blessing for AlbertansWhile low world oil prices may be good for drivers as the busy summer driving season approaches, experts warn that government budgets could take a big hit.ConsumerMay 9
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Alberta’s energy industry, government watch nervously as oil prices hit 4-year lowWith oil prices plunging to their lowest level in four years, both the energy industry and governments that depend on energy royalties are watching nervously.EconomyMay 5
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Oil prices dip, global shares mixed amid thin holiday tradingDuring the weekend, the OPEC+ group of eight nations announced it will raise its output of oil by 411,000 barrels per day as of June 1, stepping up production increases.ConsumerMay 5
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Canada’s energy industry faces ‘maelstrom’ of uncertain global economyAfter a week of economic turmoil, Canada's energy industry – and the governments that rely on it for revenue – will be watching the markets closely in the coming days.ConsumerApr 6
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Sharp drop in global crude oil prices drags down Canadian energy stocksWest Texas Intermediate crude, the key U.S. benchmark, dropped as low as US$60.45 per barrel today.EconomyApr 4
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Fresh fears over Middle East tensions cast cloud as energy leaders meet in AlbertaThe day's geopolitical developments were not far from delegates' minds.EconomyOct 2, 2024
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Global oil prices set for 4th weekly decline amid demand concernsOil prices remained on course for a fourth successive weekly decline as signs of weak growth in global fuel demand outweighed fears of supply disruption in the Middle East.WorldAug 2, 2024
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