Oil Prices

• Fresh fears over Middle East tensions cast cloud as energy leaders meet in Alberta

  The day's geopolitical developments were not far from delegates' minds. 

  Economy

  Oct 2
  
• Global oil prices set for 4th weekly decline amid demand concerns

  Oil 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.

  World

  Aug 2
  
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• Canadian Natural Resources curtailing production from new natural gas wells as low prices persist

  Canada's largest oil and gas producer is postponing the start of production from some of its planned new natural gas wells due to persistent low prices.

  Money

  Aug 1
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• Higher oil prices don’t shake industry talk on spending discipline at CAPP conference

  The 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.

  Canada

  Apr 10
• Weaker oil prices should bring some relief to consumers in 2024, analysts say

  Analysts say 2024 will be a year of weaker oil prices, something that should bring some relief to weary consumers after two years of soaring energy costs.

  Canada

  Jan 8
• Could gas prices spike ahead of holiday road trips? What to know

  Oil prices typically bottom out around this time of year, but with the Red Sea crisis adding to the uncertainty in the world, will cheap gas prices stick around?

  Canada

  Dec 21, 2023
• Saudi Arabia extending cut in oil it sends to the world in bid to boost prices

  Saudi Arabia will extend a cut in the amount of oil it sends to the world.

  Economy

  Nov 30, 2023
• Israel-Hamas conflict risks pushing oil prices into ‘unchartered waters’: World Bank

  The World Bank report published Monday simulates three scenarios for the global oil supply in the event of a small, medium or large disruption.

  World

  Oct 30, 2023
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• Growing number of forecasts predict oil will reach US$100 this fall

  According to Statistics Canada, Canada's annual inflation rate has risen for two consecutive months, with higher gasoline and energy prices the major driving factor.

  Canada

  Sep 20, 2023
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• Alberta on track for $2.4B surplus despite wildfires, lower oil prices

  Oil royalties shrunk due to lower-than-forecast prices, with the impact softened by a smaller discount oilsands producers receive for their product compared to conventional oil.

  Politics

  Aug 31, 2023