Alberta Oilpatch Sheds 10,000 Jobs as Output Soars
Alberta's oil and gas industry eliminated 10,000 positions last year, yet achieved near-record production levels. Economists analyze the paradox of doing more with less in Canada's energy heartland.
Category : Search result: crude oil prices
Geopolitical Rally Can't Mask Dim 2026 Oil Price Forecast
Oil prices surged on Iran fears, but new forecasts predict a weak 2026 average. Alberta's budget and producers face volatility as supply outstrips demand. Read the full analysis.
TSX Dips Despite Oil Surge, CIBC Sees Wider Heavy Oil Discount
Canada's main stock index closed lower on January 13, 2026, defying rising crude prices. CIBC analysts forecast a wider discount for heavy oil this year. Get the full market analysis.
CIBC Predicts Heavier Oil Price Discount This Year
CIBC analysts project a wider price gap for Canadian heavy crude in 2026, impacting the energy sector. Read the full analysis and market implications.
World Oil Reserves & Top Producers Amid Venezuela Crisis
The U.S. intervention in Venezuela spotlights global energy assets. Explore the world's top oil reserves and producers in our detailed analysis.
Lethbridge Home Prices Jump 20% Year-Over-Year
The average price for a detached home in Lethbridge hit $502,790 in December 2025, a sharp 20% increase from the previous year, according to new Alberta real estate data.
Canada's Oil Defence: Pipelines Critical as U.S. Seeks Alternatives
With the U.S. reassessing Venezuelan oil, Canada's energy security hinges on pipeline expansion to diversify markets. Experts warn waiting is not an option. Read why action is needed now.
U.S. seizes fifth oil tanker near Venezuela in Caribbean raid
U.S. Marines and Navy sailors seized the tanker Olina in a pre-dawn raid, part of a broader effort to control Venezuela's oil flow. The operation highlights escalating enforcement of sanctions.
Venezuela Blockade May Sink Oil Prices: Analyst
Rory Johnston of Commodity Context warns U.S. actions in Venezuela could depress oil prices further, with mixed impacts for Canadian energy companies. Read the analysis.
Canadian Dollar Dives After U.S. Action in Venezuela
The Canadian dollar's upbeat 2026 forecast is in jeopardy after falling 0.7% following U.S. military action in Venezuela. Analysts warn of risks to oil exports and economic growth. Read the full analysis.
Alberta Oil to Stay Competitive as Venezuela Re-enters Market
Energy expert Jack Mintz argues Canada's oil sector can withstand Venezuela's renewed U.S. exports, citing Alberta's efficiency and Venezuela's deep-seated challenges. Read the analysis.
Venezuelan Oil Could Flow to U.S. in a Year: Expert
A business professor predicts Venezuelan crude could be processed at the Irving Oil refinery in Saint John and head to the U.S. market within 12 months. Get the latest analysis on this potential energy shift.
Trump's Venezuela Move Threatens Canadian Oil Industry
The Trump administration's plan to flood markets with Venezuelan crude, aiming for $50 oil, creates new pressure for Canada's critical energy sector. Explore the implications.
Trump Meets U.S. Oil Executives on Venezuela Revival
President Donald Trump convenes a who's who of American oil executives, including Harold Hamm, to discuss rebuilding Venezuela's energy sector. Key details on the high-stakes meeting.
China eyes Canadian oil after US Venezuela action
Chinese refiners are seeking Canadian crude as a replacement for sanctioned Venezuelan oil, with China buying nearly 40% of Canada's seaborne exports in 2025. Discover the market shift.
Venezuela Oil Situation May Affect Windsor-Essex Fuel Costs
Analysis explores how Venezuela's oil production and U.S. control over its sales could influence gasoline prices for drivers in Windsor-Essex. Learn what this means for your wallet.
N.B. food prices rise fastest in Canada, N.S. slowest: study
A new study reveals New Brunswick saw Canada's largest food price jump, while Nova Scotia recorded the smallest. Explore the regional disparities and impacts on shoppers.
Venezuela Oil Coup: A Warning for Canada
The U.S.-backed change in Venezuela puts Canada's oil exports at risk, highlighting an urgent need for trade diversification and infrastructure investment. Read the analysis.
Precious Metals Slide as Traders Weigh Index Rebalancing, Tariffs
Gold, silver, and platinum fell sharply Wednesday amid exceptional market volatility. Traders assess index re-weightings, supply tightness, and potential U.S. tariffs. Get the latest analysis on precious metals.
Venezuela's Oil Potential Locked by Sanctions, Investment Gap
Venezuela holds the world's largest oil reserves but production is a fraction of its peak. Sanctions and crumbling infrastructure mean its impact on tight global crude markets remains minimal. Discover the barriers to unlocking its potential.
U.S. Venezuela Raid: Potential Impacts on Canada Explained
Political science expert Bryan Peeler breaks down the implications of a U.S. military operation in Venezuela for Canadian security, oil prices, and foreign policy. Read the full analysis.
Trump to Meet Oil Bosses on Venezuela Output Revival
U.S. President Donald Trump plans to meet with Western energy executives to secure investment for rebuilding Venezuela's crumbling oil sector. Read the full story.
China Denounces U.S. as Oil Prices Fall on Venezuela Move
Global oil prices fell sharply after the Trump administration's move to divert Venezuelan crude from China, sparking diplomatic tensions and market reactions. Read the full analysis.
Venezuelan Oil to Impact U.S. Refiners and Canadian Producers
The potential return of Venezuelan oil to global markets could benefit U.S. Gulf Coast refiners while posing a competitive threat to Canadian heavy crude producers. Analysis of the shifting energy landscape.
Venezuela to Send Up to $2.8B in Oil to U.S., Trump Says
President Trump announces Venezuela will send up to 50 million barrels of oil to the U.S., a move reshaping global energy flows and challenging China's influence. Read the full analysis.
Venezuela Oil to Replace Only 10% of Canada's Output: Analyst
A leading economist says Venezuelan crude can only fill a small fraction of Canadian oil exports in the near term, impacting global markets. Read the full analysis.
U.S. and Venezuela Strike $2 Billion Oil Export Deal
The U.S. and Venezuela reach a landmark deal for up to $2 billion in crude oil exports, redirecting shipments from China. President Trump announces the agreement, which follows the capture of Nicolas Maduro.
Venezuelan Oil Won't Quickly Replace Canadian Crude: Analysts
Experts say concerns that Canadian oil exports will be displaced by Venezuelan crude are premature. Canada's deep integration with U.S. refineries and Venezuela's infrastructure challenges provide a buffer.
U.S. Venezuela Move: Impact on Canada's Oil Industry
Following the arrest of Venezuela's president, U.S. plans to revive its oil industry could challenge Canadian energy investments. Explore the global reserve shift and market implications.
U.S. Venezuela Oil Shift Poses Risk to Canada's Industry
Following the arrest of Venezuela's president, U.S. plans to revitalize its oil industry could sideline Canadian firms. Explore the implications for Canada's energy sector.
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