CBC.caBank watch lists early warning sign of trouble for oil and gas industryCBC.caThey are the early warning signs that a company may struggle to repay its debts: watch lists. In releasing their latest quarterly earnings, Royal Bank, CIBC and Scotiabank e …

CBC.caOil price up 4% to $47 as EIA shows crude inventories finally droppingCBC.caThe oil market has been massively oversupplied for months as U.S. shale producers flooded the market with new product in a time when the global economy is slowing. That has d …

CBC.caOilpatch earnings reflect low oil pricesCBC.caCanada's oilpatch is buckling down to a "lower-for-longer scenario," in the words of one executive, after a fresh round of grim earnings. The prediction that oil prices will stay low for a l …

CBC.caOil-by-rail shipments set to boom, study findsCBC.caIn Eastern Canada, the region from Ontario east, oil-by-rail would climb from 199,787 railcars in 2012 to 384,429 in 2024. Overall rail traffic is expected to grow by 44 per cent by 2024 in Western …

In blow to Big Oil, EPA says oil refiners recover RINs costsBusiness InsiderNEW YORK (Reuters) - Oil companies ultimately recover their costs of complying with the U.S. biofuels program, according to an Environmental Protection Agency (EPA) analysis that m …

CBC.caWorld oil demand is up, but the glut remains, IEA saysCBC.caBut the recovery in demand has helped put a floor on the price, with West Texas Intermediate oil trading at $60.36 US a barrel today. The IEA says imbalances in refining capacity — mainly a …

CBC.caAlready facing a storage crisis, some oil producers are being creative in how ...CBC.caU.S. supplies of oil hit their highest level in 80 years this spring. Tank farms, such as the ones in Cushing, Okla, are nearing capacity. Cushing is one transit p …

CBC.caWTI oil price drops 6% as inventories jump more than expectedCBC.caBeyond the oil in storage, the new data showed that U.S. oil producers continue to pump out more oil than they ever have. Output increased by 9.4 million barrels during the month of M …

The GuardianIran nuclear deal puts oil prices under further downward pressureThe GuardianSanctions have more than halved Iran's oil exports to about 1.1m barrels a day from 2.5m a day in 2012. Analysts predict that in the event of restrictions being li …

Wall Street JournalOil Prices Rise to Largest One-Day Gain in Two MonthsWall Street JournalNEW YORK—The benchmark U.S. oil price jumped to its largest one-day gain in nearly two months on Wednesday as traders seized on a sign that U.S. crude production cou …