BloombergThe Oil Glut Is Over, Says World's Most Powerful Oil ManOilPrice.comNewly appointed Saudi Oil Minister Khalid Al-Falih declared the oil glut over during a visit to Saudi Aramco facilities in Houston, Texas, today. Speaking to the Houston Chron …

The TelegramProvince to establish oil and gas council by this summerCBC.caLeaders in the province's oil and gas industry are applauding a decision by the Newfoundland and Labrador government to establish an industry development council. "This is s …

Oil Volatility To Increase During Brexit WeekOilPrice.comThe EUR/USD drop dragged WTI Q16 from $52.28 to $46.68 despite a supportive supply/demand forecast from the IEA, a steep drop in U.S. output and continued issues in Nigeria, Canada and Libya. We thin …

CBC.caOilfield hopes remain thin despite $2B in oil and gas producer financingsCBC.caA flurry of stock sale financings by oil and gas producers in Canada has sparked optimism among investors that the stalled drilling industry will soon go back to work. But …

CBC.caHouse prices could fall 26% if oil hits $35 and stays for 5 years: CMHCCBC.caThere is a risk of a collapse in housing prices if oil falls to $35 US a barrel and remains there for five years, triggering unemployment of 12.5 per cent in Canada, accordi …

CBC.caOil companies and climate change: who should pay?CBC.caEnvironmentalists say a groundbreaking investigation in New York involving energy giant ExxonMobil could have implications for Canadian oil producers. The state's attorney general is looking …

Business InsiderCheap oil is killing demand for Boeing's new fuel-efficient jetsBusiness InsiderBoeing sought on Saturday to downplay industry concerns about a slowdown in demand for the latest generation of fuel-saving jets, but acknowledged some airl …

GristIs Big Oil about to have its Big Tobacco moment?GristAt the international level, fossil-fuel-intensive industries — from oil extraction and coal mining corporations to energy utilities — are not only sponsoring the meetings of the United Nations clima …

Calgary HeraldHusky could sell oil and gas properties after cutting 1400 jobsCalgary HeraldHusky Energy Inc. is considering selling assets after cutting 1,400 jobs to weather an oil-price slump. The Canadian oil producer controlled by Hong Kong billionaire …

CBC.caCanadian oil industry will lose $2.1B in 2015, Conference Board predictsCBC.caCBC News Posted: Oct 28, 2015 11:43 AM ET Last Updated: Oct 28, 2015 11:43 AM ET. The Conference Board says the Canadian oil industry has pulled back - including cutting 35 …