Imperial Oil Ltd. chief executive Brad Corson will retire this spring after more than five turbulent years helming the ...
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U.S. refiners including Valero Energy, Phillips 66 and BP recently said tariffs on Canadian oil imports could lead them to reduce output or deal with logistical issues as they try to find replacement ...
The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...
Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on ...
That’s also pressuring prices of Middle Eastern and Latin American crudes similar to Canada’s heavy oil. Meanwhile, Canadian ...
Canada’s energy patch may have temporarily dodged disaster in the trade war with the US, with President Donald Trump’s orders ...
WASHINGTON - U.S. President Donald Trump said Friday he is considering a lower tariff on Canadian oil as the White House ... per cent levies on imports from Canada on Saturday.
The rig count in Canada ended the week with an additional 13 rigs running. For the week, the rig count in Canada stood at 258 ...
His comments left a key unanswered question about how new duties would impact energy markets, with petroleum sitting as Canada’s biggest export to the US and a slow in those oil flows likely to ...
Canada, the third largest exporter of goods to the U.S., provides the lion's share of American oil imports. In 2023, Canada accounted for 52 percent of the U.S.'s petroleum imports and almost all ...
Canada supplies approximately 20% of U.S. oil consumption and 60% of imported crude. Many U.S. refineries are specifically configured for the heavy crude grades produced by Canada and Venezuela ...