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CBC.caCanadian dollar jumps ahead on weaker greenback, stronger oilCBC.caThe Canadian dollar moved higher Monday amid an uptick in oil prices and a weakening U.S. dollar. At midday, the loonie was at 79.80 US cents, up 1 ½ cents from its low last week. Aft
Admin 24.03.2015 0 49

FuelFix (blog)Three more oil service firms cutting hundreds of jobs, wagesFuelFix (blog)The reductions come as hundreds of U.S. land rigs have gone idle amid billions in oil-company spending cuts, a reaction to plummeting crude prices, which have been cut
Admin 20.02.2015 0 92

Calgary Housing Boom Poised for Bust in Oil ReversalBloomberg(Bloomberg) -- The oil that fueled Calgary's housing boom has created the conditions for a bust. Genworth MI Canada Inc., the country's largest non-government mortgage insurer, said last
Admin 20.02.2015 0 110

Sydney Morning HeraldThis almost forgotten metric is suddenly driving the oil marketThe Globe and MailThis past Friday, traders were bent over their desks, staring at their screens, waiting for 1 p.m. ET to see whether drillers extended their biggest-ever
Admin 19.02.2015 0 101

NJ.comW. Va. oil train explosion has N.J. raising concerns over rail safetyNJ.comEach day, long trains trailing hundreds of matte-black tank cars filled with highly flammable crude oil snake along the rails through New Jersey to a refinery in Linden. On on
Admin 19.02.2015 0 88

Irish TimesFalling oil prices: this time around, it will be differentIrish TimesBut this time it is different and not just because of the relative scale of price moves. The 2014 sell-off originated in the oil market: first from rising inventories as demand
Admin 30.12.2014 0 173

FuelFix (blog)Sub-$55 Oil Has U.S. Drillers Idling Most Rigs in 2 YearsBloombergU.S. oil drillers idled the most rigs since 2012 as prices slide below $55 a barrel to the lowest level in five years and a fight for market share with OPEC intensifies. Rigs t
Admin 30.12.2014 0 102