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CANADIAN HEAVY CRUDE
Amid renewed ties between India and Canada, energy cooperation in focus: Christopher Cooter, Canadian High CommissionerCanada is ramping up its infrastructure to facilitate energy exports to India, with LPG shipments slated to commence by 2027. Moreover, the...- Heavy Crude, Heavy Consequences: Why Venezuela’s shock tests Canada’s oil economyA U.S. operation in Caracas and plans to assume control of Venezuela’s oil assets have revived heavy crude flows, posing a direct competiti...
- Trump’s Venezuela oil grab is pushing Chinese refiners to CanadaChina's refiners, facing a cutoff from Venezuelan crude due to US actions, are now exploring pricier Canadian oil. Inquiries for Canadian s...
- Sellers cancel deals with Chinese oil refiner Yulong after UK sanctions, sources sayChina's Yulong Petrochemical faces cancelled oil deals from major suppliers like Saudi Aramco and TotalEnergies following UK sanctions. Thi...
- How Trump's trade war is transforming Canada's oil exports to ChinaDonald Trump's trade policies have significantly reshaped commodity markets, prompting Canada to redirect its seaborne crude exports toward...
- Loonie's paradox: soaring against greenback, sinking against safe havens amid global uncertaintyThe Canadian dollar is rising against the US dollar due to investors fleeing US markets. However, it's falling against traditional safe hav...
- Pump prices set to rise as Trump tariffs hit Canadian, Mexican oilU.S. fuel prices are expected to increase due to President Trump's tariffs on Canadian and Mexican oil. The tariffs aim to address immigrat...
- Reliance buys its first Canadian crude from Trans Mountain pipeline, sources sayReliance joins a growing group of Asian refiners in buying Canadian crude to be exported from the new pipeline which is scheduled to start ...
- Oil climbs on optimism over China's demand recoveryBrent and WTI rose more than 3% last week as a Canada to U.S. pipeline remained shut with its operator TC Energy Corp focused on cleaning u...
- Oil jumps on supply risks, ongoing Keystone outageBank of America Global research said Brent could rebound past $90 per barrel on the back of a dovish pivot in the U.S. Federal Reserve's mo...
- Oil resumes slide as weak economy outweighs supply risksGLOBAL-Oil resumes slide as weak economy outweighs supply risks
- Oil prices climb on uncertainty over Keystone pipeline restartBrent crude futures climbed 83 cents, or 1.1%, to $76.93 a barrel by 0020 GMT. U.S. West Texas Intermediate crude was at $71.92 a barrel, u...
- Major oil pipeline outage to hit U.S. stockpiles, refinery suppliesThe main question continues to be the duration of the potential outage... the longer the duration, ultimately, of course means potentially ...
- Middle East's share of India's oil imports hits 25-month lowIndia, the world's third biggest oil importer, in March directed refiners to diversify crude sources after the Organization of the Petroleu...
- India refiner Reliance Industries buys Canadian heavy crude to offset Venezuelan decline: SourcesThe deal, large for Canada, shows how global buyers are scrambling for new sources of heavy oil. Venezuela's production has collapsed over ...
- Oil price spike or ignore Trump: China and India's big decisionChina and India imported about 1.4 million barrels a day of Iranian crude in last 3 months.
- Rupee slides to 1-week low against US dollar, down 11 paiseSteady capital outflows and a modest rise in crude prices also added some pressure on local currency.
- Indian Oil Corp buys first shale oil from USIOC bought 1.9 million barrels of US crude in its second import tender seeking oil from the Americas, company Director (Finance) A K Sharma...
- High noon on Gulf coast as Canada, Saudi set for oil showdownThe clash over heavier grades -playing out in the shadowy, opaque physical market -may put even more pressure on global prices that have ha...
- Citigroup Inc to start trading physical Canadian crudeCitigroup Inc plans to start trading physical Canadian crude oil, to jockey with banks and traders to fill the vacuum left by other Wall St...
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