CBC.caOil slumps to biggest one-day drop in 9 monthsCBC.caThe loonie fell to its lowest level of the year, oil prices plunged more than five per cent and Canada's main stock index shed more than 100 points Wednesday in what shaped up to be a disappoint …

UChicago NewsArgonne invents reusable sponge that soaks up oil, could revolutionize spill cleanupUChicago NewsWhen the Deepwater Horizon drilling pipe blew out seven years ago, beginning the worst oil spill in U.S. history, those in charge of the recovery …

CBC.caCanada's status declines in oil's new world order, but long-term prospects holdCBC.caA year ago when the conference was held, oil prices had only just hit bottom, trading around $30 US a barrel. Saudi Arabia's oil minister told high-cost …

Five Things We Learned This Week: Back to $30 Oil?BloombergOil has been wavering around $56 a barrel for months, recovering in 2016 from the plunge that sent crude down to almost $27 in January 2016. OPEC got its members — and some non-members — to cut pro …

CBC.caOil production tug of war looms between OPEC and USCBC.caThe past week has been a good one for OPEC. The cartel trumpeted its oil production cuts on Wednesday, saying that it had made 90 per cent of the promised cuts and that non-OPEC members had mad …

CBC.caDrilling rig worker training rebounds as oil and gas prices stabilizeCBC.caRecent oil price stability over $50 US per barrel and optimism sparked by the announcement in November of production cuts by OPEC and non-OPEC producers have resulted in risin …

CBC.caKeystone XL could be Canada's last big oil export pipelineCBC.caAdd Keystone XL to the list and the oilpatch is about to boost daily capacity by 1.79 million barrels. That is a considerable amount considering Western Canada currently produces abo …

CBC.caOPEC cuts, while the US turns on the oil tapsCBC.caSince the OPEC deal was first floated, crude oil production in the United States has increased by nearly half a million barrels per day, with no signs of slowing down. Exports of crude out of the U.S …

Financial TimesOil in retreat towards $55 as bullish bets stallFinancial TimesOil prices slid towards $55 a barrel on Monday as fears mounted that funds betting on a price rally have started to pare back positions, with traders waiting for more evidence th …

CBC.caWith Alberta still in a slump, some oil industry players have an idea to get people back to workCBC.caIt's now 2½ years into the oil price downturn and, by most measures, Alberta is still in a rut. The economy is expected to come out of recession …