Venezuela's oil storage tanks are reportedly filled with residual fuel as exports are slashed to a minimum, according to Reuters sources. Explore the details and implications of this significant development in the global energy sector.
U.S. crude oil imports dropped sharply last week to their lowest point in nearly five years, according to the Energy Information Administration. Explore the data and potential market impacts.
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.
Officials from the U.S. and Venezuela remain silent following former President Trump's mention of potential action against a suspected drug boat facility. Details are scarce as the geopolitical implications unfold.
Calgary Herald readers advocate for Canada to intensify oil marketing in Asia and develop West Coast export terminals, responding to global energy dynamics. Explore the debate.
Venezuela's government is pushing to criminalize the seizure of its oil tankers as former U.S. President Donald Trump increases pressure on Nicolás Maduro's regime. This geopolitical tension could impact global oil markets.
As U.S. forces intercept Venezuelan oil shipments, experts debate Washington's true motives: oil, regime change, or a geopolitical struggle with Russia and China?
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. authorities have seized an oil tanker near Venezuela, officials confirmed on December 20, 2025. The operation marks a significant escalation in maritime enforcement actions in the region.
The U.S. has interdicted a second vessel off Venezuela, enforcing President Trump's declared blockade of sanctioned oil tankers. This move disrupts global crude flows and heightens regional 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.
Global markets react as former President Trump orders a blockade of oil tankers to Venezuela, sending oil prices higher. Meanwhile, Canadian stocks show gains amid domestic news.
President Trump announces a blockade of sanctioned oil tankers bound for Venezuela, escalating military pressure to cripple the Maduro regime's economy. Read the latest on this major foreign policy move.
President Trump escalates pressure on Maduro, ordering a blockade to stop sanctioned oil tankers from reaching Venezuela. The move marks a significant hardening of U.S. policy.
President Trump declares Venezuela airspace closed as US military deploys carrier to Caribbean. Six airlines suspend flights amid escalating tensions.
Former President Trump declares Venezuelan airspace should be closed as political tensions escalate. Get the latest developments on this international security matter.
Venezuelans are avoiding Black Friday deals despite deep discounts as economic turmoil continues to grip the nation. Learn how hyperinflation affects consumer behavior.
OPEC+ alliance likely to maintain current oil production levels through first quarter 2025, according to Reuters sources. Stay informed on global energy market developments.
Canada's oil sands industry is experiencing a major resurgence as production hits record highs and investor interest surges, driven by the Trans Mountain pipeline expansion and plateauing U.S. shale output.
California Governor Gavin Newsom pledges legal action against Trump administration's proposal for new oil and gas leases off California coast, first in decades.
Venezuela deploys decades-old Russian weapons and guerrilla tactics amid US military threats. Exclusive details on Maduro's resistance strategy.
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.
How the Trump administration's bold confrontation with Venezuela's Maduro regime could deliver a strategic victory for Western energy security and democracy in the hemisphere.
Calgary-based energy leader Suncor delivers impressive Q2 results, exceeding analyst forecasts and raising production guidance, sending shares skyrocketing.
OPEC+ maintains current oil output levels as global economic uncertainty and oversupply fears shake energy markets. What this means for Canadian consumers and the economy.
Former U.S. President Donald Trump signals strong opposition to Nicolás Maduro's regime while emphasizing diplomatic pressure over military intervention in Venezuela's political crisis.
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.
Former President Donald Trump's controversial comments about Venezuela during a private Senate briefing have raised eyebrows in diplomatic circles and could impact US foreign policy.
Alberta's oil industry faces a perfect storm of plunging prices, massive layoffs, and spending cuts that could reshape Canada's energy landscape for years to come.
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.