Category : Search result: oil prices 2025


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.

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.

Dollar pressured as Venezuela jitters ease, stocks rally

The U.S. dollar declined for a second day as optimism replaced fears over Venezuela. Global stocks rallied, while Bank of Canada Governor Mark Carney commented on oil competitiveness. Get the full market analysis.

Deloitte: Oil to hover at US$58, Alberta gas rises

A new report from Deloitte predicts oil will average US$58 a barrel in 2026 due to a persistent supply glut, while natural gas prices in Alberta show an upward trend. Read the full analysis.

Nikkei 225 Hits Record High, Global Markets Rise

Tokyo's Nikkei 225 stock index soared to a historic peak on Monday, January 5, 2026, leading a day of mostly positive global market performance. Oil prices also climbed. Get the full market analysis.

Canadian Oil Prices Weaken After Venezuela Upheaval

The dramatic capture of Venezuela's president by U.S. forces has sent shockwaves through North American oil markets, weakening Canadian heavy crude prices. Discover the immediate impact and long-term outlook for Alberta's energy sector.

Venezuela Oil Claims in Doubt After Maduro Capture

The future of billions of barrels of Venezuelan oil claimed by foreign state-owned firms is uncertain after the U.S. detained President Nicolás Maduro. Read the latest analysis on the global energy implications.

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