23 h. ago Oil prices dip, global shares mixed amid thin holiday trading

During the weekend, the OPEC+ group of eight nations announced it will raise its output of oil by 411,000 barrels per day as of June 1, stepping up production increases.

Society

36 h. ago Oil Sinks as OPEC+ Supply Surge Threatens to Swamp Global Market

Oil buckled on concerns of a global glut after OPEC+ agreed to another bumper output increase, adding to supply at a time when demand is challenged by the drag from the trade war.

Other

2 w. ago India’s Modi to Meet Saudi Crown Prince in Push for Closer Ties

Indian Prime Minister Narenda Modi is set to kick off a two-day trip to Saudi Arabia on Tuesday as he seeks to deepen ties with the major oil exporter and OPEC+ leader at a time of mounting global trade uncertainty.

Other

2 w. ago Here's how much home prices in Canada are expected to drop in 2025

Following an uptick in home prices in 2024, British Columbia could be among the parts of Canada to see a potential decline in housing prices in 2025.According to a recent forecast by TD Bank's economists, average home prices in B.C. will fall by 4.1 per cent in 2025, before rising by 2.7 per cent in 2026. This comes after a 1.7 per cent increase in home prices in 2024.This will be the country's second-largest dip in home prices, following the forecast for Ontario: a decrease of 6.4 per cent in 2025, and a subsequent increase of 2.2 per cent in 2026. Last year, home prices in Ontario went up marginally, by 0.3 per cent.As for the number of home sales in B.C., the volume of transactions is expected to decrease by 0.8 per cent, before rallying by a staggering 14.7 per cent in 2026. Similarly, Ontario will see a 7.6 per cent drop in home sales in 2025, followed by a 16.9 per cent increase in 2026, the bank's experts say."This reflects muted demand conditions in both [B.C. and Ontar...

Economics

3 w. 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

3 w. 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

3 w. ago Beyond Oil Expands into Three European Territories as Part of New Distribution Agreement With Royalty Trade and Receives Payment for First Shipment

New Distribution Agreement Further Expands Beyond Oil’s European Footprint as Part of Its Global Growth Strategy; Company Received Payment for First Shipment of 5.4T VANCOUVER, BC and KIBBUTZ YIFAT, Israel, April 11, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company“), a food-tech innovation company dedicated […]

Economics

3 w. 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

3 w. 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

3 w. ago Bridger Photonics Tech Named “Overall Energy Technology Solution of the Year” By CleanTech Breakthrough

BOZEMAN, Mont. — Bridger Photonics, Inc. (“Bridger”), the global leader in methane detection for the oil and gas industry, announced today its Gas Mapping LiDAR™ (GML) technology has been selected as “Overall Energy Technology Solution of the Year” in the second annual CleanTech Breakthrough Awards program conducted by CleanTech Breakthrough, a leading independent market intelligence […]

Other

4 w. ago Canada’s energy industry faces ‘maelstrom’ of uncertain global economy

After a week of economic turmoil, Canada's energy industry – and the governments that rely on it for revenue – will be watching the markets closely in the coming days.

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