Oil Climbs as Ukraine Peace Talks Hit Snag, China Vows Support
Crude oil prices reversed losses as US-led Ukraine peace talks faced new complications and China pledged fiscal support for growth. WTI settled above US$58.
Crude oil prices reversed losses as US-led Ukraine peace talks faced new complications and China pledged fiscal support for growth. WTI settled above US$58.
The U.S. has boarded two more oil tankers off Venezuela, escalating a blockade that experts warn could halt all of the country's crude exports. Read the latest on the rising tensions.
U.S. forces intercept another sanctioned oil tanker off Venezuela, escalating Trump's blockade. The move disrupts global crude flows and risks pushing oil prices higher. Get the latest details.
Alberta Premier Danielle Smith suggests a pipeline route through Montana, Idaho, and Washington could bypass B.C.'s resistance. Explore the escalating interprovincial energy conflict.
As oil prices near a five-year low, Canada's expanded pipeline network offers critical shelter from a potential 2026 supply glut, putting producers in a stronger position than during the 2018 crisis.
Industry experts express confidence in the Canadian energy sector's ability to navigate current crude market challenges. Discover the factors behind this resilience and the outlook for 2025.
Canada's major oilsands companies, led by Cenovus, forecast higher 2026 output despite a looming global supply glut. Discover how pipeline capacity is driving this counter-cyclical strategy.
Conservative Leader Pierre Poilievre plans to force a parliamentary vote on a pipeline agreement through an opposition motion. The move, set for next week, intensifies political debate over energy policy. Read the details.
Prime Minister Mark Carney came close to granting British Columbia de facto veto power over a crucial national oil pipeline, a move critics warn would cripple major projects. Read the analysis.
The U.S. Energy Information Administration reported a rise in crude oil and fuel stockpiles for the previous week. Get the latest data on energy inventories and market implications.
Alberta Premier Danielle Smith says a proposed oil pipeline to B.C.'s coast could be 50% owned by Indigenous groups, generating $2B annually. Learn about the project's details and political support.
A new poll reveals majority national support for a proposed oil pipeline from Alberta to B.C.'s coast, despite cooler reception in the affected province. Read the details.
Energy Minister Tim Hodgson says Ottawa will maximize the Trans Mountain pipeline's capacity and resolve tolling disputes before considering a sale to the private sector. Read the latest.
Montreal MP Steven Guilbeault resigns as culture minister, citing a conflict of conscience over a new Alberta pipeline deal. The former environmental activist explains his decision on Tout le monde en parle.
Ottawa and Alberta signed a pipeline MOU for Asian markets, but conditions, financing and regulatory hurdles remain unresolved. Read analysis of the real challenges ahead.
New Angus Reid poll reveals 53% of British Columbians conditionally support Alberta-to-coast oil pipeline, showing shift in public opinion from previous opposition.
CIBC analysts express skepticism about private sector willingness to finance new BC pipeline despite federal-provincial agreement. Read analysis of economic hurdles.
Trans Mountain pipeline records $127 million Q3 profit as revenue climbs and utilization increases. Key financial results and operational updates for Canadian energy sector.
Global oil markets face continued price pressure through 2026 as swelling supply outpaces demand. New analysis reveals production growth will challenge market stability.
Quebec Premier Francois Legault expresses conditional support for potential oil pipeline development. Learn about the specific requirements and political context.
A Ukrainian man is in custody in Germany, suspected of involvement in the 2022 Nord Stream pipeline explosions. The case marks a major development in the international investigation.
Environment Minister Steven Guilbeault resigns from cabinet following Mark Carney's energy agreement with Alberta that could approve new oil pipeline projects.
Alberta Premier Danielle Smith announces landmark pipeline agreement with PM Mark Carney, but faces challenge convincing Albertans and overcoming opposition.
Mark Carney signs major energy agreement with Alberta, setting pipeline conditions. Steven Guilbeault resigns from cabinet in protest. Political leaders divided on oil project future.
Steven Guilbeault's resignation from Liberal cabinet emerges as significant victory for Alberta in new pipeline memorandum of understanding. Read about the political implications.
Environment Minister Steven Guilbeault resigns from cabinet over Mark Carney's energy deal with Alberta, creating political turmoil while new pipeline conditions emerge.
Environment Minister Steven Guilbeault resigns from cabinet over Mark Carney's energy deal with Alberta, creating political turmoil. Get the latest developments.
Environment Minister Steven Guilbeault resigns from cabinet following Ottawa's new oil pipeline deal with Alberta. The longtime climate activist remains as Liberal MP.
Environment Minister Steven Guilbeault resigns from cabinet as PM Mark Carney signs a major energy agreement with Alberta Premier Danielle Smith, setting conditions for a new oil pipeline.
Prime Minister Mark Carney signs major energy agreement with Alberta, creating framework for new oil pipeline while advocates warn of environmental consequences. Read the details.