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Sep 30, 2022 · While a lot goes into the price that drivers pay at the pumps, the main culprit in B.C. right now is a shutdown of one of the region's main refineries, reducing the supply...
Jun 8, 2022 · Why high oil prices aren't creating an economic boom in Canada. Typically that discount is about $10-$15 US a barrel, but recent events have pushed the gap to beyond $20. That's the...
May 3, 2023 · As crude dropped below $US70 per barrel on Wednesday, Michael Tran, managing director of Global Energy Strategy at RBC Capital Markets, told BNN Bloomberg he doesn’t see the trend being driven by recession fears, but rather weaker demand as people spend less on travel.
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
Dec 12, 2023 · Analysts say there are a number of factors at play here, namely geopolitical instability, fears of a global recession and hesitation around whether there will be follow through on oil...
Aug 4, 2022 · The price of a barrel of oil fell to its lowest level since February on Thursday, as investors respond to growing fears that a looming recession will drastically reduce demand for energy.
EDMONTON — With Alberta’s main oil export selling at record lows, some producers are facing a full-blown crisis, while politicians are weighing responses to what Premier Rachel Notley has...
