U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...

the fourth-largest oil reserve in the world, while investment in existing projects has stalled. A lack of pipelines and heavy emissions have weighed on the Canadian heavy crude sector for years ...

Most exposed are Canadian heavy-oil producers that ship the bulk of their production into the U.S, Nuttall said, including MEG Energy (OTCPK:MEGEF), which finished -6.2% in Toronto on Monday ...

“Heavy oil cannot easily be substituted with the light oil that makes up most of U.S. shale oil production; such a switch ...

Canadian heavy oil prices have been strengthened by the Trans Mountain pipeline expansion (TMX), which has enabled producers to increase their output and created new buyers for their product. CNRL ...

In recent years, dividend-paying Canadian oil and gas stocks have experienced significant volatility. However, analysts ...