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     Law limiting new oil wells in California set to take effect after industry withdraws referendum

     A California law that bans drilling new oil wells near places like homes and schools will take effect soon after the oil industry said it would withdraw ...

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     Violife® Launches Canada's First 100% Dairy Free Cream Cheese Block

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     Financial Post

     Growing number of European money managers are axing oil stocks

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     Global B.C.

     S&P/TSX composite closes up as energy and tech stocks rise, outpacing U.S. markets | Globalnews.ca

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     Got $3,000? 3 Dividend Stocks to Buy and Hold for the Long Term

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     What every Canadian investor needs to know today

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2. www.bnnbloomberg.ca › oilOil - BNN Bloomberg

   www.bnnbloomberg.ca › oil

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   Oil price news: Oil edges lower as U.S. stockpile build tempers investor optimism

3. www.cbc.ca › news › canadaOil prices continue slide as OPEC+ boosts supply despite ...

   www.cbc.ca › news › canada

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   Jun 4, 2024 · Oil prices continued their slide on Tuesday on skepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.

4. www.cbc.ca › news › businessPrice gap on heavy Canadian oil tops $30 per barrel, widest ...

   www.cbc.ca › news › business

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   Oct 14, 2022 · Oil prices have fallen — so why is the price of gasoline skyrocketing across Canada? The loonie has fallen to its lowest level in almost two years — here's why

5. financialpost.com › commodities › energyOil & Gas, News, Headlines and Stories | Financial Post

   financialpost.com › commodities › energy

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   We cover breaking news and updates on Canada's oil and gas businesses, with stories on prices, stocks, product and trade developments.

6. wowa.ca › oil-price-CanadaCanadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca › oil-price-Canada

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   Western Canadian Select (WCS) is the most important oil price index in Western Canada. The price received by Canadian oil producers is often based on WCS. Limited transportation infrastructure causes a large discount in WCS in relation to West Texas Intermediate (WTI).

7. www.cbc.ca › news › businessOil prices are rising, but Canada is getting comparatively ...

   www.cbc.ca › news › business

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   Jun 8, 2022 · Business · Analysis. Oil prices are rising, but Canada is getting comparatively less for every barrel — here's why. Gap between benchmark oil price and cost for oilsands blend is...

8. People also ask

   Why are oil prices so low in Canada?

   • Russian President Vladimir Putin's decision to invade Ukraine has wreaked havoc on oil prices around the world. (Andrey Rudakov/Bloomberg) Oil prices around the world have risen to their highest levels in years, but Canadian oilsands producers are seeing comparatively less for every barrel because of imbalances in supply and demand.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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   Why is oil price important for Canadian investors?

   • Oil price is significant for Canadian investors. Some investors use Canadian ETFs to speculate on oil prices. For example, HUC-Horizons Crude Oil ETF replicates the crude oil price performance. More importantly, a substantial portion of the S&P/TSX Composite index is composed of Canadian oil stocks.

   Canadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca/oil-price-Canada

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   Is Canadian oil cheaper than US oil?

   • A cup of heavy oil extracted from Canadian oilsands is shown. Canadian oilsands crude always trades at a discount to more prized U.S. blends, but that price gap has widened in recent weeks. (Reuters) But that's no longer the case.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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   Are oil prices going up?

   • And all that crude is starting to pile up. Data from the EIA on Wednesday showed the total number of barrels of oil in storage in the U.S. increased by almost 10 million barrels last week. That means demand is waning, which is a general sign the economy is slowing — which means oil prices will face an uphill climb even under ideal circumstances.

   Price gap on heavy Canadian oil tops $30 per barrel, widest spread

   www.cbc.ca/news/business/oil-price-canada-1.6613584

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   What happened to oil prices in August?

   • Brent futures for August settlement were down 13 cents to $85.58 a barrel by 0927 GMT, while U.S. West Texas Intermediate crude futures for August delivery were down 10 cents to $81.19. Prices have risen about 5 per cent this month to their highest in more than seven weeks.

   Oil prices set for second week of gains on signs of improving demand

   www.theglobeandmail.com/business/industry-news/energy-and-resources/article-oil-prices-set-for-second-week-of-gains-on-signs-of-improving-demand/

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   Is a widening price gap for Canadian oil a good idea?

   • And all that excess Canadian oil is already starting to pile up. Canadian oil inventories are already at their highest level since 2019, and they're poised to increase this month, according to Bloomberg data. Against the backdrop of that excess supply and lower demand, a widening price gap for Canadian oil makes perfect sense.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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9. www.theglobeandmail.com › business › industry-newsOil prices ease on strong dollar, mixed global economic news

   www.theglobeandmail.com › business › industry-news

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   Jun 21, 2024 · Brent futures fell 47 cents, or 0.6%, to settle at $85.24 a barrel, while U.S. West Texas Intermediate crude ended 56 cents, or 0.7%, lower at $80.73