Category : Search result: oil resources


Trump Orders Naval Blockade on Venezuela Oil Tankers

President Trump announces a blockade of sanctioned oil tankers bound for Venezuela, escalating military pressure to cripple the Maduro regime's economy. Read the latest on this major foreign policy move.

Oil Climbs as Traders Weigh Tensions Against Surplus

Oil prices rose in volatile trading as geopolitical risks clashed with signs of a growing market surplus. WTI gained 1.6% while Saudi Arabia cut prices to Asia. Explore the factors driving the market.

U.S. crude, fuel inventories rose last week: EIA

The U.S. Energy Information Administration reported a rise in crude oil and fuel stockpiles for the previous week. Get the latest data on energy inventories and market implications.

Oil supply surge to strain prices through 2026

Global oil markets face continued price pressure through 2026 as swelling supply outpaces demand. New analysis reveals production growth will challenge market stability.

IEA: Oil Demand May Grow Beyond 2050

A new International Energy Agency scenario shows global oil demand rising past 2050 if current climate policies continue, reshaping investment outlook for Canada's energy sector.

Global Oil Glut Looms, But Reversal Forces Emerge

Expert Rory Johnston analyzes the cooling oil demand and rising supply creating a potential global surplus. Discover the key market forces that could unexpectedly reverse this trend.

MEG Energy Shareholders Approve Cenovus Takeover Deal

MEG Energy shareholders overwhelmingly approve Cenovus Energy's acquisition offer, creating a stronger combined entity in Alberta's oil sands sector with enhanced operational efficiency and financial stability.

Alberta Fires Back Over BC Oil Tanker Ban Demands

Alberta's government delivers sharp rebuke to BC premier and Indigenous leaders calling for permanent oil tanker ban, escalating tensions over Canadian energy policy and economic future.

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