Oil steadies as risks counter glut outlook
Crude oil finds balance as Venezuela, Russia tensions offset fears of a global surplus. WTI holds near $58, but heads for steep annual decline on OPEC+ output.
Category : Search result: heavy crude prices
Markets Quiet on Year's Final Trading Days
Stock markets show little movement in late 2025, while precious metals gain. Get the latest on year-end market trends and key financial indicators.
Gas prices hit multi-year low in Calgary at 87 cents
Calgary motorists are celebrating as fuel costs plummet to a multi-year low, with some stations offering gas for less than 87 cents per litre. Find out what's driving the dramatic drop.
Edmonton Driving Tips for Heavy Snow Conditions
An Edmonton driving instructor provides crucial advice for navigating roads safely following two major snowfalls. Learn how to adjust your driving for winter hazards.
Calgary gas prices drop under a dollar per litre
Calgary drivers are seeing gas prices fall below a dollar per litre, a low not witnessed since 2021. Analysts urge motorists to fill up while this holiday price dip lasts.
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.
Heavy rainfall warning for B.C.'s north coast
Environment Canada issues a heavy rainfall warning for B.C.'s north coast, with up to 200 mm expected. Residents urged to prepare for potential flooding and hazardous conditions.
Calgary gas prices drop below $1 per litre
Drivers in Calgary are seeing relief at the pumps as gas prices tumble below $1 per litre at some stations, a direct impact of lower global oil prices. Find out where and why.
Flood, Wind Warnings Issued for Heavy Rain and Ice
Environment Canada has issued multiple weather warnings for heavy rain, ice, and runoff. Residents are urged to prepare for potential flooding and hazardous conditions.
Weather Advisories: Rain-Soaked Sunday, Gusty Monday for Toronto
An early spring storm brings heavy rain and high winds to Toronto, with Environment Canada issuing multiple weather advisories. Stay informed on the impacts and forecasts.
Winter storm warnings for N.L. bring heavy snow, winds
Much of Newfoundland and Labrador is under winter storm warnings as a powerful system brings significant snowfall and strong winds to coastal areas. Residents are urged to prepare and avoid travel.
Gold set for best year since Jimmy Carter was president
Gold is poised for its strongest annual gain in decades, marking its best performance since the late 1970s. Discover the factors driving the surge and what it means for investors.
Manitoba premier launches review to lower milk prices
Premier Wab Kinew announces a government review aimed at reducing the cost of milk, a grocery staple, as part of broader efforts to tackle food affordability in Manitoba.
U.S. Boards More Tankers in Venezuela Oil Blockade
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. Seizes Second Tanker in Venezuelan Waters
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.
Lobster Drops to $11 a Pound in Canada
Canadian consumers see lobster prices fall sharply to $11 per pound, offering rare relief as overall food costs climbed 4.2% last month. Discover the factors behind this seasonal drop.
Gas Prices Fall Again Across the Maritimes
Drivers in the Maritimes are seeing relief at the pumps as fuel prices drop. Get the latest details on this welcome trend and what it means for your wallet.
Fox Host Debunks Trump's 600% Drug Price Cut Claim
A Fox News anchor delivered a brutal math lesson on air, highlighting the impossibility of Trump's claim about slashing prescription drug prices by 600%. See the reality vs. perception clash unfold.
Emergency Officials Prepare for Atlantic Storm Friday
Emergency management teams across the Maritimes are preparing for a significant weather event bringing high winds and heavy rain this Friday. Residents urged to secure property and monitor forecasts.
Heavy Rain, Strong Winds Expected Across Metro Vancouver
Metro Vancouver faces a stormy forecast with heavy rain and strong winds. Environment Canada warnings remain in effect. Stay informed on the latest weather impacts.
Canada's 2025 holiday food prices compared to last year
CTV News compares the cost of common holiday staples in 2025 versus 2024. See how inflation is impacting your festive meal budget as Canadians prepare for gatherings.
Beef prices drive up holiday grocery bills for Canadians
Canadians face higher holiday meal costs as beef prices climb. Maria Sarrouh compares this year's food prices to last year's as families prepare for festive gatherings.
Experts: Canadian Oilpatch Can Withstand Crude Market Doldrums
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.
Oilsands Producers Plan Growth Despite Crude Price Decline
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.
Major Winter Storm Hits Prairies with Blizzard Conditions
A severe winter storm is battering Alberta, Saskatchewan, and Manitoba with heavy snow, blizzards, and fierce winds over 110 km/h, causing widespread closures and hazardous travel. Stay informed and safe.
High Beef Prices Persist in Canada as Experts Cite 'Waiting Game'
Canadians continue to face high beef prices even as cattle numbers grow. A University of Guelph expert explains the complex factors behind the delay in grocery store relief.
Powerful Winter Storm to Blast Prairie Provinces
A significant winter storm is set to hit the Prairie provinces, bringing heavy snowfall and strong winds. Residents are urged to prepare for hazardous travel and potential disruptions.
100 km/h Winds, Heavy Rain Target Vancouver Island
A powerful storm is set to hit Vancouver Island Tuesday, bringing winds up to 100 km/h and heavy rainfall. Residents are urged to prepare for hazardous conditions.
Edmonton parking ban activated for major snowstorm
The City of Edmonton has declared a parking ban as crews prepare for significant snowfall. Residents must move vehicles to facilitate clearing. Stay updated on the latest winter weather response.
Heavy rain, wind warnings continue across parts of B.C.
Parts of British Columbia remain under weather warnings as persistent heavy rain and strong winds raise flooding concerns. Officials urge residents to stay alert.
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