7 h. 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

19 h. ago Oil in Freefall Reorders Energy Landscape From US to Middle East

The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape with stunning speed.

Other

28 h. ago New and used car prices set to rise due to Trump tariffs: experts

Experts say U.S. tariffs on Canadian auto imports will drive prices higher for both new and used cars. Sean Mactavish, CEO of used-car marketplace Autozen, says prices are already rising on some used cars as sellers anticipate buyers looking for a better deal compared to a new vehicle. “New car prices go up. People (look) […]

Economics

31 h. ago Most Canadians Support Building an Oil Pipeline That Would Sidestep US Market

More than three in four Canadians would support publicly funding an oil pipeline to carry crude from Alberta to eastern Canada, according to a poll commissioned by Bloomberg.

Other

33 h. ago Oil Market Gauges Show Looser Balances as OPEC+ Hikes Output

Key oil indicators are signaling looser balances ahead, after OPEC and its allies shocked the market with a dramatic early supply increase just as concerns over global demand become more acute.

Economics

45 h. ago U.S. egg imports meant to drive down prices could now face Trump tariffs

U.S. Agriculture Secretary Brooke Rollins said tariffs on egg imports meant to ease a supply shortage were possible and negotiations with affected countries were ongoing.

Economics

47 h. ago OPEC+ Stuns Oil Market With Policy Switch to Drive Down Prices

For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few moments this week, that role reversed dramatically.

Economics

5 d. ago Oil Swings as Traders Weigh Trump’s Threat of Russia Penalties

Oil fluctuated as the market weighed Donald Trump’s mixed remarks on the threat of fresh penalties on Russian crude if his counterpart Vladimir Putin refuses a ceasefire with Ukraine.

Economics

5 d. ago Oil Slips as Traders Weigh Trump’s Threat of Russia Penalties

Oil pushed lower as the market weighed Donald Trump’s mixed remarks about the threat of fresh penalties on Russian crude if his counterpart Vladimir Putin refuses a ceasefire with Ukraine.

Economics

3 w. ago U.S. trade ‘crisis’ will drive up prices, Bank of Canada warns after rate cut

OTTAWA — Prices will rise, the economy will suffer and the Bank of Canada can’t lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States. That was the stark message Wednesday from the head of the Bank of Canada after the central bank delivered another […]

Economics

3 w. ago Beyond Oil Announces Strategic Investment at a Premium to Market Price by Clal Insurance, a Leading Israeli Institutional Investor, as Part of Potential Uplisting to a Senior Exchange

Clal Insurance to invest approximately CAD $10.5 million in Beyond Oil at a 10% premium to its stock market trading price, with potential follow-on investment through the exercise of warrants; Beyond Oil commits to pursuing a potential uplisting to a senior exchange in Canada or the U.S. NEW YORK, New York, KIBBUTZ YIFAT, Israel and […]

Economics