Eric Nuttall: Now is the time to unleash Canada's enormous resource potential
This makes Canadian oil incredibly valuable, as, given several decades’ worth of inventory, we will remain one of the few non ...
Canada's Imperial Oil quarterly profit falls on weaker crude prices
Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, after lower crude prices offset the ...
Oil2h
US rig count up 4, Canada rig count falls
The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.
What We Know And Don’t Know About U.S. Tariffs On Canada And Mexico
On February 1, 2025, the United States is set to impose tariffs on imports from Canada and Mexico. There are still too many ...
Why US crude oil exports may decline in 2025?
US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China's retaliatory tariffs on the United States.
Canadian Oil Producers to “Bear Brunt” of U.S. Energy Tariff
“Canadian oil producers are expected to eventually bear most of the burden of the tariff with a $3 to $4 a barrel wider-than-normal discount on Canadian crude given limited alternative export markets, ...
Oil, gasoline futures rise after Trump slaps tariffs on Canadian crude
Oil futures finished Monday with a gain after President Trump slapped tariffs on Canada, Mexico and China over the weekend, sparking worries over U.S. crude imports.
Canada's Imperial Oil quarterly profit falls on weak crude prices
Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, as lower crude prices offset higher production and stronger refinery-capacity utilization. Benchmark crude prices ...