3 days ago · Trump eyes Feb. 18 for oil tariffs, expects lower duty for Canada January 31, 2025 2:38 PM U.S. President Donald Trump said on Friday he expects his administration to impose tariffs related to oil and gas around Feb. 18 and it could reduce the planned levy on some Canadian crude. The U.S. imports some 4 million barrels per day of oil from Canada, roughly 70% of which is processed by refiners in

18 hours ago · For North American companies, the “wait and see” moment on tariffs is over. U.S. President Donald Trump imposed a 25% levy on goods from Canada and Mexico, along with a 10% tariff on China, in what could be the opening stages of a full-scale trade war likely to create new headaches for executives that have been wrangling with higher costs for several years.

Jan 7, 2025 · Authors: Leonard Herchen & Yuchen Wang Overview: The energy markets in 2025 are undergoing transformative structural changes, highlighted by the operational launch of key infrastructure projects such as LNG Canada. This development significantly enhances Canada’s ability to meet rising global LNG demand while alleviating long-standing supply bottlenecks. At the same time, economic recovery ...

1 day ago · OTTAWA - U.S. President Donald Trump signed an order Saturday to impose tariffs of 10 per cent on Canadian energy and 25 per cent on everything else beginning on Feb. 4. Statistics Canada says the value of Canadian exports to the United States in 2023 exceeded $594 billion. More than 43 per cent of that

1 day ago · Canada's Prime Minister Justin Trudeau said on Saturday Canada would impose 25% tariffs on C$155 billion ($106.5 billion) of U.S. goods in response to U.S. tariffs. C$30 billion would take effect from Tuesday and C$125 billion in 21 days, Trudeau told a news conference. Trump earlier signed an executive order imposing 25% tariffs on all

Jan 10, 2025 · There is so much quality content being provided on X these days, and going forward, we want to provide our readers with a quick glimpse of some of it. This new article series, "By Our Readers, For Our Readers" will shine a light on some of those X posts. Sometimes it might be incredibly knowledgeable

Dec 31, 2024 · Oil prices rose on Tuesday after data showed China's manufacturing activity expanded in December, but they are on track to end lower for a second consecutive year due to demand concerns in top consuming countries. Brent crude futures rose 57 cents, or 0.8%, to $74.56 a barrel as of 0730 GMT. U.S. West Texas Intermediate

Jan 6, 2024 · #5: Mystery buyer of Montney/Duvernay assets from Athabasca and Murphy officially revealed – BOE Intel (September 5 2023) “On July 31, Athabasca announced that it had entered into a definitive agreement to sell its non-core light oil assets for $160 MM. A few days later on August 3, Murphy announced that “a subsidiary of Murphy signed a Purchase and Sale Agreement to divest a non-core ...

Oil prices traded in a narrow range early on Wednesday as investors remained cautious ahead of an expected interest rate cut by the U.S. Federal Reserve, while weighing up the potential supply impact of tighter sanctions on Russia. Brent futures inched up 1 cent at $73.20 a barrel at 0420 GMT, while U.S. West Texas

Sep 23, 2024 · Oil prices rose slightly on Monday after last week's cut to U.S. interest rates and a dip in U.S. crude supply in the aftermath of Hurricane Francine countered weaker demand from top oil importer China. Brent crude futures for November edged up by 14 cents, or 0.19%, to $74.63 a barrel by 0815 GMT. U.S.