crude oil prices

Crude oil prices plunged below US$70 and Canadian energy stocks took a beating on Wednesday, March 15, 2023, as market chaos continued amid concerns about a spreading bank crisis.

Deloitte says energy prices will likely be volatile in the first quarter of 2023 as geopolitical uncertainty continues.

Crude oil prices slumped to a 10-month low on Monday, November 21, 2022, morning before rebounding at midday, adding to the volatility that has dogged the Canadian energy sector recently.

Canadians should experience the fastest drop in gasoline prices in nearly 13 years on Sunday, November 28, 2021, as fears about a virulent new COVID-19 variant are expected to provide a break of 11 cents per litre at the pumps.

Imperial Oil Ltd. is slowing or deferring maintenance work throughout its operations as it tries to ensure employee safety in the wake of a COVID-19 outbreak that has infected 83 workers at its Kearl oilsands mine in northern Alberta.

The CEO of Suncor Energy Inc. says his company isn't counting on higher cash flow despite analyst expectations of a "risk premium" on crude oil prices in the wake of last weekend's attacks on Saudi Arabian oil facilities.

Crude oil prices in Western Canada remained elevated on Wednesday, January 2, 2019, the day after provincially mandated oil production curtailments came into force, but a government spokesman says it's too early to say how long the program will remain in place.

Crude oil prices dipped to near a nine-month low as they fell for a tenth consecutive day, potentially having an impact on the Bank of Canada interest rate decision next month.

Suncor Energy Inc. is reporting third-quarter operating income of $1.56 billion, an 80 per cent increase over $867 million in the same period of 2017.