Category : Search result: diesel oil rates


Global Oil Glut Looms, But Reversal Forces Emerge

Expert Rory Johnston analyzes the cooling oil demand and rising supply creating a potential global surplus. Discover the key market forces that could unexpectedly reverse this trend.

Bank of Canada survey points to 2027 rate hike

A Bank of Canada survey reveals financial markets expect interest rates to hold at 2.25% before rising in 2027, with a 35% chance of recession. Explore the key economic forecasts.

Massive 80,000L Fuel Spill After BC Train Derailment

A major environmental emergency is underway in British Columbia's Interior after a train derailment spilled over 80,000 litres of diesel fuel, triggering a massive multi-agency response and raising concerns about ecological impact.

MEG Energy Shareholders Approve Cenovus Takeover Deal

MEG Energy shareholders overwhelmingly approve Cenovus Energy's acquisition offer, creating a stronger combined entity in Alberta's oil sands sector with enhanced operational efficiency and financial stability.

Alberta Fires Back Over BC Oil Tanker Ban Demands

Alberta's government delivers sharp rebuke to BC premier and Indigenous leaders calling for permanent oil tanker ban, escalating tensions over Canadian energy policy and economic future.

Massive Fuel Spill After BC Train Derailment

Emergency crews respond to major environmental incident as over 12,000 litres of diesel fuel contaminates BC interior following train derailment near Tabor Mountain.

Inuit-Led Hydro Project Replaces Arctic Diesel

An Inuit community in Quebec's Far North is leading Canada's Arctic energy transformation with a groundbreaking hydroelectric project that will eliminate diesel dependency and create sustainable prosperity.

Inukjuak Ditches Diesel for Renewable Hydro Power

The remote Inuit community of Inukjuak in northern Quebec is making a historic transition from diesel dependency to clean, renewable hydroelectric power, marking a new era of energy independence and environmental stewardship.

Suncor Hikes Dividend, Beats Earnings Expectations

Suncor Energy delivers impressive Q4 results, beating earnings expectations and rewarding shareholders with a substantial dividend increase amid rising oil prices and operational improvements.

Toronto Home Sales Crash 95% in October

Greater Toronto Area's real estate market experiences unprecedented cooling as home sales crash 95% compared to last October, with prices continuing their downward trend amid rising interest rates.

Calgary Domestic Violence Nears 5-Year High

Calgary police report alarming rise in domestic violence incidents, with 2024 potentially reaching the highest numbers in five years. New strategies and community resources are being deployed to address the crisis.

Oil & Gas Reality: What Companies Are Actually Doing

While politicians debate energy policy, Canada's oil and gas industry is quietly transforming through massive investments in decarbonization and clean technology. Discover the real story behind the headlines.

AI Stock Rally Fades as Global Markets Slump

Global markets retreat as early AI-driven gains evaporate. Asian and European stocks decline while investors await key economic data and Federal Reserve signals.

Metro Vancouver fees hit $897 per home in 2025

Metro Vancouver residents will see regional utility fees jump to $897 per average home next year as the board approves significant increases for water, sewer, and other essential services.

Imperial Oil sells Calgary HQ, cuts hundreds of jobs

Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.

Oil Steadies as U.S. Reimposes Venezuela Sanctions

Global oil prices found stability as the U.S. reinstated sanctions on Venezuela's oil industry, creating new uncertainty in energy markets while Middle East tensions continue to simmer.

Bank of Canada Likely to Maintain Current Rate Path

The Bank of Canada is expected to maintain its current interest rate path despite economic pressures. Discover what this means for Canadian mortgages, inflation, and your wallet in our detailed analysis.

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