Category : Search result: oil demand


Venezuela Seeks to Criminalize Oil Tanker Seizures

Venezuela's government is pushing to criminalize the seizure of its oil tankers as former U.S. President Donald Trump increases pressure on Nicolás Maduro's regime. This geopolitical tension could impact global oil markets.

AI Boom Forces Dirty Power Plants Back Online

The explosive growth of AI data centres is straining Canada's power grid, forcing utilities to reactivate polluting 'peaker' plants to meet surging electricity demand. Discover the environmental impact.

Matcha Latte Prices Soar in Montreal Due to Global Shortage

The price of matcha in Montreal has nearly doubled in a year, jumping from $26 to $46 per 100 grams. A surge in demand driven by Gen Z and social media trends has created a global supply crunch, forcing tea shops to seek new sources.

Nova Scotia Christmas Tree Sales Up This Year

Nova Scotia's Christmas tree farms report a significant sales increase for the 2025 season. Owners William Robichaud and Daniel Bar share insights into the holiday trend. Read more about the festive boost.

U.S. seizes oil tanker off Venezuelan coast

U.S. authorities have seized an oil tanker near Venezuela, officials confirmed on December 20, 2025. The operation marks a significant escalation in maritime enforcement actions in the region.

Ottawa charity donations down while demand rises

Charitable donations in Ottawa are falling sharply as the holiday season increases demand for services. Organizations like the Caring and Sharing Exchange face a critical gap in resources.

Kpler Economist Outlines 2026 Commodities Outlook

Reid I'Anson, an economist at Kpler, shares insights on the 2026 commodities forecast, highlighting key trends in oil, copper, and electricity demand. Watch the full discussion on BNN Bloomberg.

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.

Falling Rates Benefit Canadian Bank Balance Sheets

As interest rates fall, Canadian banks are experiencing a shift from term deposits to demand accounts, strengthening their financial position. Expert analysis reveals the impact on earnings.

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.

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