Canada awaits Obama's word on oilsands
As the worsening economic crisis has Canadian business and government seeing red ink, the Conservatives' green plans are fading to grey. In an exclusive interview, Canada's new nvironment minister, Jim Prentice, made clear the green that matters
Gas price drop: 60 days straight
Remember $4 gas? Soon it will be $2 gas. As the nation's economy worsens, the demand for oil and gas wanes. As a result, prices drop. And drop. And drop.The price of gas fell overnight Sunday for the 60th consecutive day.
Worst Oil Bear in Decades
The 53% decline in oil prices since September 22, 2008, without a 20% rally is the biggest since 1986 (based on available daily data). The week of Sep. 16 to Sep. 22, oil rallied 20%+ after dropping 37% from the July 3, 2008 high.
Oil prices mixed amid demand woes
Oil prices closed mixed amid growing signs of economic trouble in the US and Europe, despite the possibility of a new output cut from an Organisation of Petroleum Producing Countries (OPEC) meeting later this month.
OECD nations in recession
Organization for Economic Co-operation and Development says 30-member block faces `protracted' slowdown as euro zone, Japan, U.S. also contract
Oil Little Changed as Economic Slowdown Curbs Fuel Consump
Crude oil traded little changed, heading for a second weekly decline, as the global economic slowdown cut demand in the largest energy-consuming countries.
Canada's Dollar Climbs for First Time This Week as Oil Rises
Canada's currency rose for the first time this week against its U.S. counterpart as the price of oil rebounded from the lowest in almost two years.
Dollar Eases Against Euro; Yen Loses Ground
The dollar weakened against the euro early Thursday in New York despite better-than-expected U.S. trade balance data.


