Category : Search result: oil transport


Hwy 401 express lanes reopen in Pickering after crash

A serious collision involving a transport truck shut down Highway 401's eastbound express lanes in Pickering, sending two people to hospital with life-threatening injuries. Details on the incident and reopening.

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.

B.C. family denied Flair boarding with baby, two dogs

A B.C. couple was barred from a Flair Airlines flight with their infant and two dogs due to an unannounced policy. The airline cites Transport Canada, which denies such a rule exists. Read their travel ordeal.

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.

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.

Driver ID'd in Fatal Highway 401 Hit-and-Run

Ontario Provincial Police have identified the transport truck driver wanted in a fatal hit-and-run that killed a tow truck driver on Highway 401. The search continues.

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.

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