Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, after lower crude prices offset the ...
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.
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.
Canadian oil producer Suncor Energy is well-positioned compared to many of its competitors to weather threatened U.S. tariffs ...
On February 1, 2025, the United States is set to impose tariffs on imports from Canada and Mexico. There are still too many ...
Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, as lower crude prices offset higher ...
President Donald Trump made good on his promise to impose steep tariffs on America’s three largest trading partners — Canada, ...
The oil market has been in the spotlight over the past few days due to the US President Donald Trump’s tariff narrative.
“Heavy oil cannot easily be substituted with the light oil that makes up most of U.S. shale oil production; such a switch ...
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“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, ...