CBC.caOil climbs above $40 US a barrel after stocks reboundCBC.caOil futures are soaring today, encouraged by the sharp rebound in U.S. stocks yesterday and fresh signs that the country's economy is growing strongly. The West Texas Intermediate crude c …
Tenge tumble highlights oil exporters' woesFinancial Times“If you are an oil exporter you have two choices. You say you are Saudi Arabia or another Gulf country and you have foreign reserves that will last for years and you peg your currency [to the do …
CBC.caDon't weep for the "downstream" part of the oil business, it's boomingCBC.caIt also includes oil drillers, bitumen miners and the smaller companies that support them with engineers, trucks, heavy equipment for making roads and berms …
CBC.caOPEC oil glut is shattering Harper's superpower dreamCBC.caTo add insult to injury, low prices have emboldened the "dirty oil" lobby. There are new reports this week that the New York oil hub is rejecting petroleum from Canada's &qu …
CBC.caAlberta heavy oil price up almost 80% since MarchCBC.caMost of the oil that Canada produces is called Western Canada Select, the benchmark blend of thicker, tarry bitumen-based crude oil that comes mostly from Alberta's oilsands. The price of WCS …
MarketWatchShale oil output at Bakken and Eagle Ford starts a descentMarketWatchOil production from the Bakken and Eagle Ford shale plays look like they've peaked and other shale plays may not be far behind. Oil production from seven major U.S. shale p …
CBC.caForced to diversify, Alberta tech sector expands out of oilCBC.caCharger's main source of income is making and selling sophisticated batteries used in oil drilling. Long and tubular like the drill bit to which they are attached, the high-powered …
Five oil workers still missing from Mabruk oil field attackLibya HeraldFive oil workers – three Filipinos and two Nigereans – are understood to still be missing following Tuesday's attack on the Mabruk oil field, during which at least ten people were k …
CBC.caJob figures show oil-price drop hasn't sunk employmentCBC.caOil companies across Canada have been slashing their budgets. In previous months, those cuts have not showed up in Canadian unemployment numbers, but today's job numbers offer a new …
Christian Science MonitorWhat a North American oil slowdown means for global supplyChristian Science MonitorWhat the current oil price slump means for world oil supply is starting to emerge. "Layoffs," "cutbacks," "delays," an …