Canceled Teck oil sands project underscores global climate-energy policy tension
WINNIPEG, Manitoba/OTTAWA (Reuters) – Teck Resources Ltd’s surprise decision to cancel a planned C$20.6 billion ($15.6 billion) oil sands mine…
China November crude oil imports hit record high as refiners race to use up quotas
BEIJING (Reuters) – China’s crude oil imports hit a record high on a daily basis in November, as refiners operated…
Venezuela turns to India as sanctions cut oil flow to U.S., Europe
HOUSTON/MEXICO CITY/MOSCOW (Reuters) – Venezuela’s oil exports have tapered off and shifted toward India since new U.S. sanctions began Jan.…
Oil tops $70 US ahead of Trump decision on Iran sanctions
The price of oil topped $70 US as traders await U.S. President Donald Trump’s decision on whether to scrap the…