CALGARY — Amid a sharp drop in Alberta natural gas prices, Peyto Exploration and Development Corp. is implementing major changes, including dividend and spending cuts, to endure the next year.Calgary- ...

Oil prices are rallying, but instead of reaping the benefits Canadian oil and gas producers are stuck on the sidelines while their American counterparts are riding them with all they’ve got.Indeed, a ...

Saudi Arabia has shortlisted New York, London and Hong Kong for the international portion of the listing of national oil company Aramco, according to a report by Reuters, a move that means Toronto, as ...

As benchmark crude prices climbed toward US$63 a barrel on Tuesday, Crescent Point Energy Corp. announced it will boost its capital spending this year, a promising sign from one of Canada’s largest oi ...

U.S. oil prices are treading water above US$60 per barrel again — the first time since 2015. Crude oil has a northerly wind in its sails, though everybody on board this fickle ship is cautious about i ...

Oil extended gains from the highest close in more than three years as U.S. industry data signaled crude stockpiles dropped an eighth week. Futures climbed as much as 1.1 percent in New York after risi ...

Global oil demand could peak as early as 2024 if there are more efficiency gains in vehicles, greater market penetration by electric cars, lower economic growth and higher fuel prices, Goldman Sachs s ...

CALGARY – Canadian oil producers, hit hard by persistently low crude prices and a recent increase in the value of the loonie, could get a boost from a potential U.S. ban on oil imports from Venezuela. ...

One week into 2018 and markets have already been taken by surprise. Whether it’s the limited response to the frigid temperatures that have gripped much of the continent, oil prices breaking US$61 a ba ...