55 h. ago China pivots from U.S. to Canada for more oil as trade war worsens

Chinese refiners are importing record amounts of Canadian crude after slashing purchases of U.S. oil

Economics

2 d. ago Oil Steadies With Glut Expectations, Trade War Souring Outlook

Oil steadied after a modest decline on Tuesday as expectations for a glut, and the trade war between the world’s two biggest economies weighed on the demand outlook.

Economics

3 d. ago Global Oil Surplus to Persist in 2026 as Demand Sags, IEA Says

The International Energy Agency slashed forecasts for global oil demand this year amid the brewing trade war, and in its first detailed assessment of 2026 predicted a persistent supply surplus.

Other

4 d. ago OPEC Cuts Oil Demand Forecast for 2025 and 2026 on Trade War

OPEC cut forecasts for global oil demand growth slightly this year and next as President Donald Trump’s tariff onslaught takes a toll on consumption, while remaining more bullish than other forecasters.

Economics

5 d. ago Oil Steadies With Trade War Shifts and Iran Talks to the Fore

Oil steadied above a four-year low as traders weighed the latest US moves in the trade war, as well as “constructive” weekend discussions between Washington and Tehran.

Economics

5 d. ago Oil Edges Lower With Trade War Risks and Iran Talks to the Fore

Oil fell as traders weighed the latest US moves in the trade war, as well as “constructive” talks between Washington and Tehran.

Economics

8 d. ago Oil’s Selloff Gathers Pace as Trade War Roils Global Markets

Oil headed for a second weekly loss as mounting disorder in global markets triggered by US President Donald Trump’s aggressive trade policy spurred concerns about a recession and a flight from risk.

Economics

8 d. ago Oil Heads for Weekly Decline as Trade War Roils Global Markets

Oil headed for a second weekly loss as mounting disorder in global markets triggered by US President Donald Trump’s aggressive trade policy spurred concerns about a recession and a flight from risk.

Economics

8 d. ago With recession fears looming, what comes next for the loonie?

As stock markets and commodities like oil ride a trade war roller coaster, the Canadian dollar has been showing resilience inching back above 70 cents USD. Where will it go next?

Other

8 d. ago Oil Returns to Losses as Market Concerns Over Trade War Persist

Oil extended a volatile run as investors grappled with abrupt shifts in US tariff policy, with futures returning to losses after a brief relief rally ignited by President Donald Trump’s decision to pause some levies.

Economics

1 week ago Varcoe: 'Market is fearful' — Global trade war, increased OPEC production shock oil prices, stocks

“There's a lot of uncertainty around how this is going to impact the global economy”

Economics

2 w. ago Oil Drops as Trump’s Trade War Stokes Concern About Crude Demand

Oil retreated after US President Donald Trump ratcheted up his trade war with sweeping tariffs on major trading partners, raising concerns that economic turmoil will hurt crude demand.

Economics

2 w. ago Canadian Oil Patch Enters Trade War With Highest Prices in Years

Canada’s oil patch is entering the trade war with the US backed by the strongest pricing for its crude in four years, giving it a cushion against any potential declines and threatening high costs for American refiners and drivers.

Economics