Oil

• Canadians choosing pricier destinations over Cuba amid crisis: travel agents

  The U.S. oil blockade against Cuba triggered severe fuel shortages in the country prompting Canadian airlines to suspend flights to the island destination earlier this year.

  Canada

  Nov 7
  
• AI stocks weigh on markets Thursday as oil rises to highest price since May

  Drops for stocks in the artificial-intelligence industry are dragging markets down worldwide on Thursday, while oil prices hit their highest levels since May amid the Iran war.

  Economy

  Oct 22
  
• Advertisement
• Middle East oil exports reportedly topped pre-war levels last month: data

  Persian Gulf oil exporters topped pre-war levels for about half of September, shipping data showed on Monday, though attacks on tankers continue to cloud the outlook.

  World

  Oct 5
• Advertisement
• As Texas declares state of emergency over fuel shortage, what’s dyed diesel

  As global oil supplies continue to tighten up amid ongoing geopolitical conflicts that have pushed up fuel prices, the governor of Texas has declared a state of emergency.

  U.S. News

  Oct 1
• What is Keystone XL—and why does Trump want to bring it back to life?

  U.S. President Donald Trump says he is looking to revive the the Keystone XL pipeline expansion project as part of a pending trade deal with Canada.

  Economy

  Aug 19
• Gas prices set to change when excise tax pause expires — what to know

  Some temporarily relief at the gas pump for Canadian consumers is set to end next month when the fuel excise tax pause is scheduled to expire.

  Consumer

  Aug 14
• IEA expects world oil demand to fall amid surging gas prices

  Demand for crude oil worldwide is expected to fall as higher gas prices force many consumers and businesses to reduce their consumption, according to the IEA.

  Consumer

  Aug 13
• 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
• Advertisement
• 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
• Advertisement
• 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