Oil Prices
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Higher oil prices don’t shake industry talk on spending discipline at CAPP conferenceThe price of oil has been on a steady climb all year, but the talk at Canada's biggest oil and gas conference is still focused on spending discipline.CanadaApr 10
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Weaker oil prices should bring some relief to consumers in 2024, analysts sayAnalysts say 2024 will be a year of weaker oil prices, something that should bring some relief to weary consumers after two years of soaring energy costs.CanadaJan 8
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Could gas prices spike ahead of holiday road trips? What to knowOil prices typically bottom out around this time of year, but with the Red Sea crisis adding to the uncertainty in the world, will cheap gas prices stick around?CanadaDec 21, 2023
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Saudi Arabia extending cut in oil it sends to the world in bid to boost pricesSaudi Arabia will extend a cut in the amount of oil it sends to the world.EconomyNov 30, 2023
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Israel-Hamas conflict risks pushing oil prices into ‘unchartered waters’: World BankThe World Bank report published Monday simulates three scenarios for the global oil supply in the event of a small, medium or large disruption.WorldOct 30, 2023
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Growing number of forecasts predict oil will reach US$100 this fallAccording to Statistics Canada, Canada's annual inflation rate has risen for two consecutive months, with higher gasoline and energy prices the major driving factor.CanadaSep 20, 2023
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Alberta on track for $2.4B surplus despite wildfires, lower oil pricesOil royalties shrunk due to lower-than-forecast prices, with the impact softened by a smaller discount oilsands producers receive for their product compared to conventional oil.PoliticsAug 31, 2023
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Crescent Point Energy inks deal to sell assets in North Dakota for $675M cashCrescent Point Energy Corp. has signed a deal to sell its North Dakota assets to a private operator for about $675 million in cash.MoneyAug 24, 2023
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Why China’s economy is faltering — and how that might impact CanadaHopes for a booming economic rebound from the COVID-19 pandemic have not materialized for China, leading some forecasters to slash growth expectations for the manufacturing hub.CanadaAug 22, 2023
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Crescent Point Energy reports $212M profit in 2nd quarterCrescent Point Energy Corp. reported its second-quarter profit fell by 36 per cent year-over-year as global oil prices declined from 2022's dramatic peaks.MoneyJul 26, 2023
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