Lobster Drops to $11 a Pound in Canada
Canadian consumers see lobster prices fall sharply to $11 per pound, offering rare relief as overall food costs climbed 4.2% last month. Discover the factors behind this seasonal drop.
Category : Search result: oil prices
Gas Prices Fall Again Across the Maritimes
Drivers in the Maritimes are seeing relief at the pumps as fuel prices drop. Get the latest details on this welcome trend and what it means for your wallet.
Fox Host Debunks Trump's 600% Drug Price Cut Claim
A Fox News anchor delivered a brutal math lesson on air, highlighting the impossibility of Trump's claim about slashing prescription drug prices by 600%. See the reality vs. perception clash unfold.
Canada's 2025 holiday food prices compared to last year
CTV News compares the cost of common holiday staples in 2025 versus 2024. See how inflation is impacting your festive meal budget as Canadians prepare for gatherings.
Canada's Pipeline Shield Protects Oilpatch from 'Super Glut'
As oil prices near a five-year low, Canada's expanded pipeline network offers critical shelter from a potential 2026 supply glut, putting producers in a stronger position than during the 2018 crisis.
Beef prices drive up holiday grocery bills for Canadians
Canadians face higher holiday meal costs as beef prices climb. Maria Sarrouh compares this year's food prices to last year's as families prepare for festive gatherings.
Oilsands Producers Plan Growth Despite Crude Price Decline
Canada's major oilsands companies, led by Cenovus, forecast higher 2026 output despite a looming global supply glut. Discover how pipeline capacity is driving this counter-cyclical strategy.
High Beef Prices Persist in Canada as Experts Cite 'Waiting Game'
Canadians continue to face high beef prices even as cattle numbers grow. A University of Guelph expert explains the complex factors behind the delay in grocery store relief.
Trump Orders Venezuela Oil Blockade, Markets React
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.
Trump Orders Naval Blockade on Venezuela Oil Tankers
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.
Trump orders naval blockade on Venezuela-bound oil tankers
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.
Analyst Predicts Dramatically Higher Oil Prices in 2026
Senior portfolio manager Eric Nuttall forecasts a significant surge in oil prices for 2026, citing industry underinvestment. Read his insights on Canada's energy outlook.
N.B. Fuel Prices Drop 7.9 Cents After EUB Weekend Change
New Brunswick drivers got a break at the pumps as the Energy and Utilities Board made a surprise weekend adjustment, lowering gasoline prices by 7.9 cents per litre. Get the details on this significant price drop.
Canadian Coffee Prices Surge in December 2025
Canadian consumers are facing steeper coffee bills this holiday season. A new report confirms rising costs are real, not imagined. Discover the factors behind the price hike.
Oil Climbs as Traders Weigh Tensions Against Surplus
Oil prices rose in volatile trading as geopolitical risks clashed with signs of a growing market surplus. WTI gained 1.6% while Saudi Arabia cut prices to Asia. Explore the factors driving the market.
U.S. crude, fuel inventories rose last week: EIA
The U.S. Energy Information Administration reported a rise in crude oil and fuel stockpiles for the previous week. Get the latest data on energy inventories and market implications.
Norway examines scenarios for economy after oil era
Norway initiates a comprehensive study to plan its economic transition away from oil dependency. Explore the strategies for a sustainable future.
Markets Slip, Oil Rises Over $1; Canadian News Digest
Global stock markets and U.S. futures decline as oil prices jump more than $1 a barrel. Meanwhile, Canadian news spans suspicious fires, property tax hikes, and a major recall. Stay informed on the latest.
Reader Criticizes One-Sided Pipeline Political Debate
A North Vancouver reader argues politicians do a disservice by ignoring oil spill risks, citing Exxon Valdez. Calls for informed pipeline debate in Canada.
Oil supply surge to strain prices through 2026
Global oil markets face continued price pressure through 2026 as swelling supply outpaces demand. New analysis reveals production growth will challenge market stability.
Fuel Prices Decline Across Maritime Provinces
Motorists across Canada's Maritime provinces are seeing relief at the pumps as gas and diesel prices experience significant decreases this week.
OPEC+ to Hold Oil Output Steady Through Q1: Sources
OPEC+ alliance likely to maintain current oil production levels through first quarter 2025, according to Reuters sources. Stay informed on global energy market developments.
Nova Scotia Diesel Price Adjustment Takes Effect
Nova Scotia's energy board announces diesel price changes starting Wednesday. Learn how this affects consumers and the provincial energy market.
Newfoundland premier vows oil industry comeback
Newfoundland and Labrador Premier Tony Wakeham pledges to revitalize province's oil sector ahead of crucial meeting with federal officials. Get the latest developments.
Canada Reaches Deal for New West Coast Oil Pipeline
Prime Minister Mark Carney and Alberta Premier Danielle Smith have agreed on a deal to support a new oil pipeline to Canada's west coast, marking a major political breakthrough.
Canada's New Energy Pact to Spur Oil Pipeline Development
Canadian oil industry welcomes new federal-provincial energy agreement that could pave way for Pacific coast pipeline and address key energy policies. Read the details.
PEI Diesel Prices Jump 9.8 Cents in Latest Increase
Prince Edward Island faces significant diesel price hike of 9.8 cents while gasoline remains stable. CTV Atlantic's Amanda Debsion reports on the Maritime energy market.
LCBO delays price hikes after industry revolt
The LCBO has delayed major pricing changes until April 1 after facing widespread industry backlash. The move follows pressure from bars, restaurants, and retailers across Ontario.
Canadian Oil Sands Make Comeback Amid U.S. Shale Slowdown
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.
Canadian inflation cools to 2.2% in October
Canada's inflation rate dropped to 2.2% in October as gas and grocery prices declined. Explore provincial breakdowns and economic implications for Canadian households.
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