Canadian Oil's Future Debated After Venezuela Change
PM Mark Carney says Canadian oil remains competitive despite Venezuela's political shift, while Conservative Leader Pierre Poilievre urges swift pipeline approval to secure new markets.
Category : Search result: global oil reserves
Venezuela Shift Strengthens Case for Canadian Oil Pipeline
President Trump's push to unlock Venezuelan crude is strengthening the political argument for a new Canadian pipeline to diversify oil exports to Asia. Learn how this impacts Canada's energy strategy.
Carney on Canadian Oil Competitiveness Post-Maduro
PM Mark Carney asserts Canada's energy sector will remain competitive following political changes in Venezuela. Analysis of oil price forecasts and market dynamics.
Dollar pressured as Venezuela jitters ease, stocks rally
The U.S. dollar declined for a second day as optimism replaced fears over Venezuela. Global stocks rallied, while Bank of Canada Governor Mark Carney commented on oil competitiveness. Get the full market analysis.
Deloitte: Oil to hover at US$58, Alberta gas rises
A new report from Deloitte predicts oil will average US$58 a barrel in 2026 due to a persistent supply glut, while natural gas prices in Alberta show an upward trend. Read the full analysis.
Oil markets face biggest glut since COVID, prices to slide
Deloitte warns of a major oil oversupply in 2026, pressuring prices despite geopolitical risks. Canada's heavy crude and natural gas sectors face divergent paths.
Nikkei 225 Hits Record High, Global Markets Rise
Tokyo's Nikkei 225 stock index soared to a historic peak on Monday, January 5, 2026, leading a day of mostly positive global market performance. Oil prices also climbed. Get the full market analysis.
U.S. Oil Companies to Discuss Venezuela Plans After Maduro Capture
The Trump administration plans meetings with Exxon, Chevron, and ConocoPhillips to boost Venezuelan oil production after the military ouster of Nicolás Maduro. Details on the high-stakes talks.
Venezuela regime change may hurt Canada's oil sector
A political shift in Venezuela could flood markets with heavy crude, undercutting Canadian oil prices and investment. Explore the potential risks for Alberta's economy.
Alberta Premier pushes for pipeline expansion as Trump moves on Venezuela
Alberta Premier Danielle Smith calls for expedited pipeline development to diversify oil markets. Experts warn Venezuela's impact on global supply is years away.
Record $9.6M fine for Gulf of Mexico oil spill
U.S. authorities levy a historic $9.6 million penalty against Third Coast following a substantial oil spill in the Gulf of Mexico, highlighting ongoing environmental risks.
Venezuela Oil Investment Threatens Canada's Energy Sector
Analysis shows Canada's oil industry faces a dual threat: losing market share to Venezuela and, more urgently, losing crucial investment capital to the South American nation. Experts warn of complacency.
Venezuela Oil Shift Makes Canadian Pipelines a Necessity
U.S. President Donald Trump's takeover of Venezuela's oil sector underscores the critical need for Canada to build new pipelines to access global markets, boosting national revenues.
Canadian Oil Prices Weaken After Venezuela Upheaval
The dramatic capture of Venezuela's president by U.S. forces has sent shockwaves through North American oil markets, weakening Canadian heavy crude prices. Discover the immediate impact and long-term outlook for Alberta's energy sector.
Rare Sale: Cult-Favorite Hair Growth Oil Under $10
Mielle Organics' rosemary mint scalp oil, praised for strengthening hair and reducing breakage, is on a rare sale at Amazon for under $10. Experts weigh in on its key ingredients.
U.S. Oil Majors Not Consulted on Venezuela by Trump Admin
Senior U.S. oil executives reveal the Trump administration has not sought their counsel regarding Venezuela policy, raising questions about industry input on geopolitical energy moves.
Venezuela Oil Claims in Doubt After Maduro Capture
The future of billions of barrels of Venezuelan oil claimed by foreign state-owned firms is uncertain after the U.S. detained President Nicolás Maduro. Read the latest analysis on the global energy implications.
Canadian Oil Stocks Drop After Maduro's U.S. Capture
Canadian energy stocks declined after U.S. forces captured Venezuelan President Nicolas Maduro on drug charges, sparking market volatility and concerns over future oil supply. Read the full analysis.
Trump Signals Access to Venezuela Oil, Boosting U.S. Companies
U.S. oil companies see gains after former President Trump signals potential access to Venezuela's vast reserves, reshaping global energy dynamics. Explore the implications for markets and geopolitics.
Trump Warns India of Tariffs Over Russian Oil
Former U.S. President Donald Trump warns India could face higher tariffs for buying Russian oil. Explore the implications for global trade and Canada's perspective.
Trump's Venezuela Raid Kills 80, Vows to 'Run' the Country
President Trump's military operation to abduct Venezuelan leader Nicolás Maduro, resulting in 80 deaths, has plunged the nation into crisis. Experts warn of chaotic, illegal U.S. occupation with dire consequences for 28 million Venezuelans. Read the analy
OPEC+ Keeps Oil Production Unchanged as Crises Mount
OPEC+ maintains current oil output despite an 18% price plunge in 2025 and political crises involving key members. Analysts say markets are driven by uncertainty. Learn the details.
Vance Defends Trump's Venezuela Actions on Drugs, Oil
Vice President JD Vance offers a pointed defense of U.S. military action in Venezuela, citing narcoterrorism and reclaimed oil assets as key justifications. Read the full analysis.
Canada's oil sector urged to stay competitive post-Maduro
A Canadian energy expert advises against panic in the oil patch following the capture of Venezuela's Maduro, emphasizing the need for long-term competitiveness.
Venezuelan Oil Revival Poses Major Risk to Canada
Adam Pankratz argues Canada must urgently build coastal pipelines to compete as Trump revives Venezuela's massive heavy crude reserves, threatening Alberta's oil sands market.
Trump's Venezuela Oil Plan Faces Major Hurdles
Former President Trump's proposal to seize and revitalize Venezuela's oil industry confronts significant legal and geopolitical challenges. Analysis details the complex hurdles ahead.
Venezuela Oil Revival Needs Years, Major Investment
Trump's plan for US firms to revitalize Venezuela's oil post-Maduro capture won't impact prices soon. Analysts say rebuilding decayed infrastructure requires a decade and $100B. Explore the global energy implications.
U.S. Captures Venezuela's Maduro, Plans Occupation
U.S. forces captured Venezuelan President Nicolas Maduro in a raid. President Trump pledges open-ended control, citing oil reserves. Regional backlash grows. Read the latest.
U.S. Captures Venezuela's Leader, Takes Control of Oil
In a dramatic move, U.S. forces captured Venezuelan President Nicolas Maduro and seized control of the country's oil reserves. Canada's foreign minister has responded to the escalating crisis.
Oil Tankers U-Turn as U.S. Tightens Venezuela Blockade
At least seven vessels have reversed course, avoiding U.S. seizure threats. Venezuela's oil storage is full, forcing production cuts. Explore the escalating economic pressure.
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