Category : Search result: oil market reaction


Canadian Oil Stocks Plunge on Venezuela Oil News

Canadian oil producers saw billions wiped off their value after U.S. plans for Venezuelan oil sparked investor fears. Industry leaders call it an 'overreaction' as uncertainty looms.

Venezuelan Oil Could Flow to U.S. in a Year: Expert

A business professor predicts Venezuelan crude could be processed at the Irving Oil refinery in Saint John and head to the U.S. market within 12 months. Get the latest analysis on this potential energy shift.

China eyes Canadian oil after US Venezuela action

Chinese refiners are seeking Canadian crude as a replacement for sanctioned Venezuelan oil, with China buying nearly 40% of Canada's seaborne exports in 2025. Discover the market shift.

Leavitt's Outfit Compared to North Korean Anchor

White House press secretary Karoline Leavitt faced social media mockery for an outfit resembling a North Korean news anchor's. Critics highlight parallels in messaging style. Read the full story.

U.S. and Venezuela Strike $2 Billion Oil Export Deal

The U.S. and Venezuela reach a landmark deal for up to $2 billion in crude oil exports, redirecting shipments from China. President Trump announces the agreement, which follows the capture of Nicolas Maduro.

Wasp sting nearly kills Olympic rower Silken Laumann

Canadian Olympic rowing icon Silken Laumann recounts a severe anaphylactic reaction to a wasp sting that left her 'completely incapacitated.' Her story is a stark warning about allergy dangers.

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.

Maduro Capture Raises International Legal Concerns

The Trump administration's capture of Venezuelan President Nicolas Maduro has triggered unease about international law. Canadian politicians and citizens react to the unprecedented event.

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.

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