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The recently released Trump budget plan would see half of the US Strategic Petroleum Reserve (SPR) sold off over ten years, starting in October...
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The recently released Trump budget plan would see half of the US Strategic Petroleum Reserve (SPR) sold off over ten years, starting in October...
On the New York Mercantile Exchange, Brent crude futures dropped 57 cents to $48.77, with U.S. West Texas Intermediate futures falling 48 cents to...
Prices fell in spite of the fact that there was upbeat economic data from Asia that showed that there could be strong energy demand...
The Wall Street Journal pointed out that crude oil inventories had surged the most in 34 years extending a sell off. Records began to...
The Toronto Stock Exchange S&P/TSX dropped 263 points or a full 2.13 percent to 12,073.46. This is the TSX’s lowest level since June 2013....
The TSX peaked on April 15 at 15,524 but since then has dropped 16 percent. The Canadian economy has struggled with output flat or...
The Dallas Federal Reserve Bank put out a report on December 23 noting that at least nine US oil and gas companies with $2...
Declines in the dollar are often closely correlated with a drop in the price of oil. On Monday, December 7, oil lost $2.38 a...
The central bank lowered its trend-setting overnight rate a quarter percentage point Wednesday to 0.50 per cent — the second rate cut in six...
On the same day Suncor announced they are cutting 1,000 jobs, it was revealed city council and the mayor will receive automatic pay raises,...