Toronto SunGM engineering centre in Oshawa to focus on 'connected' carsToronto SunOshawa's future on the line: What: General Motors Engineering Centre announced a new mandate focusing on “connected car” and green technologies, looking at altern …

680 NewsGeneral Motors adding 100 new jobs at Oshawa engineering centre680 NewsGeneral Motors is beefing up its research and development at the company's engineering centre in Oshawa, adding 100 new engineering jobs. Steve Carlisle, president and manag …

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 …

FuelFix (blog)Oil Rigs Get Slammed for the 13th WeekBloombergThe number of U.S. oil rigs out drilling new wells fell for the 13th straight week as the U.S. sinks deeper in a glut of excess oil. Drillers idled 64 oil rigs (excluding gas rigs), dropping the …

CBC.caCanada's trade gap widens to $2.5B on oil price slideCBC.caThe decline of oil prices is eating into Canada's hopes for improving exports, as the value of crude oil and bitumen exports declined by a whopping 23 per cent in the past year. In Ja …

NewsweekThe World Has Extracted More Crude Oil Than It Knows What to Do WithNewsweekThe world is so flush with crude oil, it is running out of places to store it all. Crude oil producers are currently pumping nearly 1.5 million barrels a day more of the st …

CBC.caCanadian dollar back below 80 cents as oil dips back down under $50CBC.caOil prices resumed their slide on Thursday as new inventory data confirmed that North American oil producers aren't cutting back production, which mean the glut isn't go …

CBC.caWTI oil contract trading for $52 US, Canadian dollar punches through 80 centsCBC.caThe Toronto stock market shot up 162 points on Tuesday after oil continued the climb that has seen it gain 19 per cent in the last four sessions. The S&P/TSX compo …