Category : Search result: Canadian oil prices


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.

Budget 2024 Misses Grocery Affordability

Despite soaring food costs hurting Canadian families, the latest federal budget offers little relief for grocery bills. Analysis reveals why this budget fails to address the kitchen table economics that matter most to voters.

Chicken Prices to Rise 20-25% in Canada

Canadian consumers face significant grocery bill increases as experts predict chicken prices will jump 20-25% over the next several months due to production costs and supply chain pressures.

Windsor-Essex Home Sales Drop Again in October

Windsor-Essex's real estate market shows continued cooling as October marks another month of declining home sales and rising inventory, creating new opportunities for buyers in the region.

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.

Alberta Gas Producers Hit by Negative Prices

Alberta's natural gas producers faced unprecedented challenges this summer as negative prices and pipeline maintenance created a perfect storm of financial pressure across the energy sector.

Doug Ford's Carbon Tax Battle Heats Up in Ontario

As carbon tax increases take effect, Ontario Premier Doug Ford declares war on federal policies while Canadians feel the pinch at the pumps and grocery stores. Explore the escalating political conflict and its real-world impacts.

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.

Bidding Wars Return to GTA Housing Market

Competition heats up in Toronto's real estate market as bidding wars make a surprising comeback in specific neighborhoods. Discover which areas are seeing multiple offers and what this means for buyers and sellers.

Cenovus-Husky Merger Vote Delayed Another Week

The crucial shareholder vote on Cenovus Energy's massive acquisition of Husky Energy has been postponed for another week, creating uncertainty in Canada's oil and gas industry during turbulent times.

Cenovus-MEG Energy Deal Delayed Over Regulatory Inquiry

A crucial shareholder meeting to approve Cenovus Energy's $3.8 billion acquisition of MEG Energy has been postponed amid regulatory scrutiny from Canadian authorities, creating uncertainty in Alberta's oil sands sector.

Shell Outperforms TotalEnergies in Q2 Earnings

Shell delivers stronger-than-expected quarterly profits while TotalEnergies falls short, as both energy giants navigate declining oil and gas prices in current market conditions.

Canadian Oil Sands Outshining U.S. Energy Peers

A new report reveals Canadian oil sands companies are gaining competitive advantages over U.S. shale producers, with lower decline rates and stronger financial performance attracting investor attention.

Canadian Farmers Demand Budget Relief Amid Crisis

As Canada's agricultural sector faces a perfect storm of challenges, producers are calling for urgent support in the upcoming federal budget to address mounting pressures from trade tariffs, severe drought conditions, and declining crop values.

Burnaby Refinery Shifts to US Control in $9.1B Deal

A major Canadian energy facility is changing hands as Calgary-based Parkland Corporation sells a significant portion of its business, including the Burnaby refinery, to American multinational Sinclair in a transformative $9.1 billion deal that reshapes We

Parex Resources Proposes GeoPark Acquisition

Canadian energy company Parex Resources announces strategic proposal to acquire GeoPark while revealing substantial 11.8% ownership stake, signaling major consolidation in Latin American oil and gas markets.

Halloween Candy Prices Soar: Here's Why

Discover the surprising factors driving up Halloween candy prices in Canada, from climate change to supply chain issues, and learn how to save on your spooky treats.

Russia's Oil Exports Hold Steady Despite Sanctions

Despite sweeping new Western sanctions, Russia's crude oil exports show remarkable stability. Fresh analysis of global tanker movements reveals Moscow continues to find buyers, with export volumes holding steady in early 2024.

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