Oil Supply

• Russia, Saudi Arabia cut oil supply again to raise price

  Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world in a bid to prop up price to boost income from the fossil fuel.

  World

  Jul 3, 2023
  
• Little truth to Higgs’ claims that federal energy policy is driving inflation: experts

  Premier Blaine Higgs has argued that federal energy policy has intentionally restricted Canadian oil supply in order to drive up prices.

  Politics

  Jun 3, 2022
  
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• ‘Thank you President T’: Trump congratulates himself for falling oil prices

  U.S. President Donald Trump has expressed thanks to himself, not for the first time during the Thanksgiving weekend.

  Economy

  Nov 25, 2018
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• Canadian energy producers’ strategies are adapting to new era of oil supply certainty

  A shift in global oil markets sentiment is under way, replacing decades of scarcity fears with confidence in surpluses, capping oil prices and forcing changes in the way the industry works, observers say.

  Economy

  Oct 15, 2017
• OPEC oil cut: What Canadians need to know

  Oil prices headed towards the $50-per-barrel mark Friday buoyed by a surprise agreement earlier this week from the OPEC to cut oil outputs, but what does that mean for Canada?

  Canada

  Sep 30, 2016
• Oil prices inch higher as OPEC agrees to cut production

  Oil prices rose nearly 3 per cent on Thursday, extending their rally on optimism over OPEC's first output cut plan in eight years, despite some analysts' doubts that the reduction would be enough to rebalance a heavily over-supplied market.

  Canada

  Sep 29, 2016