It also cut crude oil imports from Saudi Arabia, its second-biggest supplier, by 6.5 per cent over the two months. For July’s overall crude imports, China reported a 3 per …
In a significant shift, the Kingdom of Saudi Arabia (KSA) has decided not to renew its 50-year petrodollar deal with the United States (US), which expired on Sunday, June 9. …
China’s decades-long boom in oil processing could falter this year in a blow to global demand and the aspirations of Opec producers seeking to return supply to the market. Oil …
Ahead of Canada’s plan to move the Trans Mountain pipeline to Indigenous ownership, the federal government is changing how it manages the pipeline, according to a notice published Wednesday on the …
Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil market to prevent a global surplus. …
As the urban centre at the heart of Canada’s oilsands industry, Fort McMurray has seen more than its share of ups and downs. A decade and a half ago, the …
Two former United Nations employees in Montreal have been charged with participating in a conspiracy to sell Chinese-made drones and other military equipment in Libya, Canadian police said Tuesday. RCMP …
The Houthi movement threatened a “strong and effective response” after the United States carried out another strike in Yemen overnight, further ratcheting up tensions as Washington vows to protect shipping …
Indian refiners bought 1.45 million barrels per day of Russian oil last month, their lowest amount since last January and down nearly 16 per cent from November, according to global …
A new report forecasting energy trends estimates global oil prices will be stuck at low levels for the next couple of years. The analysis from Deloitte released Tuesday predicts an …