MarketWatchOil futures suffer 3% weekly declineMarketWatchNews that Saudi Arabia doesn't back holding an emergency Organization of the Petroleum Exporting Countries' meeting aimed at stopping crude's slide and falling U.S. refinery activity add …

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.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 …

Voice of AmericaNigeria president dissolves state oil company boardFinancial TimesThe Nigerian National Petroleum Corporation, which oversees oil production in the Opec member, has been plagued by allegations of corruption and mismanagement for years. It w …

The Globe and MailAlberta Appoints Banker to Oversee Review of Oil and Gas RoyaltiesWall Street JournalCALGARY, Alberta—The top executive of a province-owned bank will head a panel to review oil and natural-gas royalty payment levels and issue recommendati …

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.caOil soars above $62, lifting the loonie to 83 centsCBC.caOil prices rose to a new high for the year above $62 on Wednesday, powering the Canadian dollar above 83 cents. Oil has been on a month-long rally amid signs that U.S. shale production is slowi …

Financial TimesSaudi restructures oil sector, concentrating prince's powerFinancial TimesKing Salman bin Abdel Aziz al-Saud formed a 10-member Supreme Council for Saudi Aramco, headed by his son, Deputy Crown Prince Mohammad bin Salman, to oversee Saud …

CBC.caCanadian dollar slumps back to 82 cents as oil, gold slipCBC.caIn the past three weeks, oil has been driven higher by prospects of supply disruptions as Saudi Arabia clashes with Houthi rebels in Yemen. Today the Saudi Press Agency reported an attack …