IEA and OPEC at Odds Over Oil Demand Forecast
A record gap between IEA, OPEC, and EIA oil demand forecasts creates market confusion. Discover the implications for Canada's energy sector and global prices.
Category : Search result: US oil imports
Trump scraps tariffs on beef, coffee to lower food costs
President Trump eliminates tariffs on beef, coffee and tropical fruits in effort to reduce grocery store prices for American consumers. Latest trade policy shift announced November 15, 2025.
Trump's pasta tariffs concern Canadian importers
New US tariffs on Italian pasta could impact Canadian consumers and importers. Learn how Trump's trade policies may affect food prices in Canada.
Alberta pipelines face capacity crunch as production grows
Alberta's pipeline network approaches capacity as province targets 8 million barrels daily by 2035. Can optimization projects prevent another price crisis?
Trump lifts tariffs on beef, coffee to cut prices
President Trump signs an executive order removing tariffs on beef, coffee, and tropical fruits. This move aims to address high consumer prices and follows recent election outcomes. Learn more about the policy shift.
Trump lowers tariffs on food imports amid inflation
President Trump reduces tariffs on beef, coffee and other food items as inflation concerns grow. New trade measures aim to ease consumer prices in Canada.
IEA: Oil Demand May Grow Beyond 2050
A new International Energy Agency scenario shows global oil demand rising past 2050 if current climate policies continue, reshaping investment outlook for Canada's energy sector.
DP World Moves 60% of Peru's Avocado Exports
DP World processed 22,600 TEUs of avocados through Peru's Port of Callao, driving $438 million in export value and strengthening global trade connections for Canadian markets.
California Vows to Block Trump Offshore Drilling Plan
California Governor Gavin Newsom pledges legal action against Trump administration's proposal for new oil and gas leases off California coast, first in decades.
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.
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.
Cenovus-MEG Energy Merger Approved by Shareholders
Cenovus Energy secures shareholder approval for its $3.8 billion acquisition of MEG Energy, creating Canada's second-largest oil producer amid industry consolidation.
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.
Suncor Shares Jump After Earnings Beat and Production Boost
Calgary-based energy leader Suncor delivers impressive Q2 results, exceeding analyst forecasts and raising production guidance, sending shares skyrocketing.
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.
Suncor Q3 Profits Drop Despite Record Production
Calgary's energy giant Suncor reports surprising third-quarter profit decline even as production hits unprecedented levels. Discover the factors behind this financial paradox.
China Buys Australian Canola in Trade Thaw
In a major agricultural trade breakthrough, China has purchased approximately 120,000 metric tons of Australian canola, marking a significant warming of relations between the two trading partners after years of strained ties.
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.
Supreme Court Rejects Trump Tariff Appeal
The U.S. Supreme Court has rejected former President Donald Trump's appeal in a landmark case challenging his administration's steel tariff policies, dealing a significant legal defeat with far-reaching implications for trade law and presidential power.
OPEC+ Extends Oil Production Freeze Amid Market Concerns
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.
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.
Imperial Oil Profits Fall on Lower Crude Prices, Charges
Imperial Oil reports significant profit decline in Q4 2023 as lower crude prices and substantial impairment charges challenge Canada's energy sector. Discover how refining margins and production performed.
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.
DP World Ships 400 Tons of Peruvian Blueberries to U.S.
Global trade leader DP World successfully transports 400 tons of fresh Peruvian blueberries to American consumers, showcasing efficient cold chain logistics and expanding North American fruit availability.
Alberta Oil Crisis: Price Crash Sparks Layoffs and Cuts
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.
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.
Alberta's Budget Balance & Pipeline Expansion Plan
Alberta Premier Danielle Smith reveals strategic blueprint to balance provincial budget while aggressively pursuing pipeline expansion to boost energy exports and economic growth.
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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