West Texas Intermediate

Gas prices are set to rise in Alberta next month, with the provincial government fully reinstating its fuel tax following a drop in oil prices.

Health care and education came out ahead on Thursday in a generally restrained Alberta provincial budget forecasting a paper-thin surplus that could easily go up in smoke.

Analysts say 2024 will be a year of weaker oil prices, something that should bring some relief to weary consumers after two years of soaring energy costs.

Hundreds of executives and government officials from oil-producing nations around the world are gathering in Calgary this week, against the backdrop of growing global pressure to reduce greenhouse gas emissions.

Analysts say a dramatic narrowing in the price discount for western Canadian heavy crude in the second quarter of 2023 should mean healthy profits for oilsands producers poised to start reporting their earnings later this week.

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.

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.

Gasoline prices in Canada continue to creep higher ahead of the Thanksgiving long weekend.

Alberta Premier Jason Kenney says the province is on track for a $13.2-billion surplus in this budget year.

The amount of unpaid taxes energy companies owe to small-town Alberta is growing despite high oil prices, the province's rural municipalities said on Tuesday, March 8, 2022.

Canadians can expect to pay more at the pump as Russia’s attack on Ukraine puts even greater pressure on an already surging oil price environment.

Alberta's finance minister says the recent bullish run on energy prices is part of a stronger economic story on the province's bottom line that will be revealed in the upcoming second-quarter budget update.

Alberta’s COVID-19-era budget made a hard landing on Thursday, February 25, 2021, with an $18.2-billion deficit but also a promise that good times will return.

Premier Jason Kenney says a recent bump in energy prices in the third quarter of the current budget is helping the bottom line as his government prepares to introduce its 2021-22 budget.

A Calgary energy analyst says the plunge by benchmark U.S. crude oil prices into negative territory for the first time on Monday, April 20, 2020, is a short-term anomaly that likely won't have a lasting effect on Canadian producers.