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The International Energy Agency slashed forecasts for global oil demand this year amid the brewing trade war, and in its first detailed assessment of 2026 predicted a persistent supply surplus.
OPEC cut forecasts for global oil demand growth slightly this year and next as U.S. President Donald Trump’s tariff onslaught takes a toll on consumption, while remaining more bullish than other forecasters.
The first Group of Seven monetary policy decisions since U.S. President Donald Trump’s trade war unleashed global market turmoil may prompt diverging responses from either side of the Atlantic.
Hundreds of kilometres up the Pacific coast from where Canada’s first liquefied natural gas export terminal is set to start up this summer, a monster lays dormant.
Oil’s slump below US$60 a barrel during the worst of last week’s rout had priced in zero demand growth this year, and was probably an overreaction, according to the head of research at trader Gunvor Group.
The global oil market faces “large surpluses” this year and next as the trade war weighs on crude demand growth and OPEC+ eases supply curbs, according to Goldman Sachs Group Inc.
China will allow coal-fired power plants to be built through at least 2027, according to new guidelines from the government, which also call on generators to ensure they’re able to meet gaps in supply from intermittent renewables.
Goldman Sachs Group Inc. and UBS Group AG issued another round of bullish calls for gold, with stronger-than-expected central bank demand and the metal’s role as a hedge against recession and geopolitical risks underpinning expectations for even higher prices in 2025.
Energy prices are set to be lower under the current U.S. administration than in the prior one, according to U.S. Energy Secretary Chris Wright.
U.S. President Donald Trump’s administration is planning an executive order to allow the stockpiling of critical metals from the Pacific seabed, according to the Financial Times.
Canada’s abundant hydroelectricity offers the best way to power booming artificial intelligence servers and win the global AI race — if the country is able to cooperate with the US amid a trade war with President Donald Trump, according to former Google chief Eric Schmidt.
Gold’s latest surge to fresh records has been fueled by a rush of buying activity in daily auctions — a sign that major players are still adding to their holdings.
Lynas Rare Earths Ltd., backed by Australia’s richest person Gina Rinehart, has been the most resilient stock on the country’s index during market turmoil.
The chief executive of pipeline operator TC Energy says he believes Canada can be the No. 1 exporter of liquefied natural gas to Asia, but political leadership is crucial to making it happen.
Canadian travellers are keeping their distance from the U.S., a country that was once their top destination, as tensions between the two nations grow.
U.S. inflation cooled broadly in March, indicating some relief for consumers prior to widespread tariffs that risk contributing to price pressures.
