Canadian Oil Stocks Plunge on Venezuela Oil News
Canadian oil producers saw billions wiped off their value after U.S. plans for Venezuelan oil sparked investor fears. Industry leaders call it an 'overreaction' as uncertainty looms.
Canadian oil producers saw billions wiped off their value after U.S. plans for Venezuelan oil sparked investor fears. Industry leaders call it an 'overreaction' as uncertainty looms.
A business professor predicts Venezuelan crude could be processed at the Irving Oil refinery in Saint John and head to the U.S. market within 12 months. Get the latest analysis on this potential energy shift.
The Trump administration's plan to flood markets with Venezuelan crude, aiming for $50 oil, creates new pressure for Canada's critical energy sector. Explore the implications.
President Donald Trump convenes a who's who of American oil executives, including Harold Hamm, to discuss rebuilding Venezuela's energy sector. Key details on the high-stakes meeting.
Chinese refiners are seeking Canadian crude as a replacement for sanctioned Venezuelan oil, with China buying nearly 40% of Canada's seaborne exports in 2025. Discover the market shift.
The U.S. Senate is debating measures to limit presidential war powers following military actions in Venezuela, as oil shipments and Canadian travel are impacted. Read the latest developments.
Stephen Colbert expressed shock at Donald Trump's claim about controlling Venezuelan oil proceeds. The late-night host called it 'the most illegal-sounding thing' he's ever heard. Watch his full reaction.
Nobel laureate Paul Krugman dismantles Donald Trump's assertions about capturing wealth from Venezuela's oil, citing major economic and logistical barriers. Read the full analysis.
Daily Show correspondent Ronny Chieng skewered the Trump administration's military raid in Venezuela and its oil demands. Watch the biting political satire here.
Republicans urge democracy in Venezuela as Trump prioritizes oil imports. Opposition leader Maria Corina Machado's fate hangs in the balance. Read the latest on the political rift.
A former Canadian diplomat criticizes Ottawa for aligning with a U.S. approach he calls anti-democratic towards Venezuela. Read the full analysis of Canada's foreign policy stance.
The U.S.-backed change in Venezuela puts Canada's oil exports at risk, highlighting an urgent need for trade diversification and infrastructure investment. Read the analysis.
Venezuela holds the world's largest oil reserves but production is a fraction of its peak. Sanctions and crumbling infrastructure mean its impact on tight global crude markets remains minimal. Discover the barriers to unlocking its potential.
The United States has seized two sanctioned oil tankers linked to Venezuela in a strategic move, while selectively easing sanctions to permit certain oil sales. Explore the implications for global energy markets.
U.S. President Donald Trump plans to meet with Western energy executives to secure investment for rebuilding Venezuela's crumbling oil sector. Read the full story.
Following the US military raid in Caracas, analysts warn the 'Trump Corollary' could target Canada's oil exports and sovereignty. Explore the implications for Ottawa and Alberta.
U.S. authorities have captured the Russian-flagged tanker Bella 1 following a weeks-long international chase. The seizure near Venezuela could impact global oil markets and U.S.-Canada energy dynamics. Read the full story.
Global oil prices fell sharply after the Trump administration's move to divert Venezuelan crude from China, sparking diplomatic tensions and market reactions. Read the full analysis.
President Trump announces Venezuela will send up to 50 million barrels of oil to the U.S., a move reshaping global energy flows and challenging China's influence. Read the full analysis.
The U.S. capture of Venezuela's president raises global tensions. Explore five key ways this geopolitical shift could directly affect Canada's economy and foreign policy.
A leading economist says Venezuelan crude can only fill a small fraction of Canadian oil exports in the near term, impacting global markets. Read the full analysis.
The U.S. and Venezuela reach a landmark deal for up to $2 billion in crude oil exports, redirecting shipments from China. President Trump announces the agreement, which follows the capture of Nicolas Maduro.
Former President Trump announces a major U.S. acquisition of Venezuelan oil, raising geopolitical tensions and concerns for Canada's energy sector. Get the full analysis.
As Donald Trump pledges to revive Venezuela's oil industry in 18 months, Canada's slow pipeline approval process under Mark Carney faces scrutiny. Experts warn of capital flight risks.
A new video analysis breaks down the political and economic collapse of Venezuela, leading to the removal of its leader by Trump. Share your thoughts in the comments.
Following the arrest of Venezuela's president, U.S. plans to revive its oil industry could challenge Canadian energy investments. Explore the global reserve shift and market implications.
Following the arrest of Venezuela's president, U.S. plans to revitalize its oil industry could sideline Canadian firms. Explore the implications for Canada's energy sector.
At least 24 Venezuelan security officers were killed during a U.S. operation to capture President Nicolás Maduro, officials confirm. The incident raises major geopolitical questions.
U.S. actions in Venezuela strengthen the political argument for a new Canadian pipeline to the Pacific, aiming to diversify oil exports to Asian markets. Read the analysis.
PM Mark Carney says Canadian oil remains competitive despite Venezuela's political shift, while Conservative Leader Pierre Poilievre urges swift pipeline approval to secure new markets.