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Man refuel his car on gas station

EU's new curbs on Russian oil to dent global supply

Oil drilling rig, tanghai county of hebei province oil fields in China

The decision increases the pace of restoring cuts made during the pandemic

Oil field oil workers at work

Energy security may trump net-zero goals

Oil field oil workers at work

Elevated commodity prices to boost earnings, balance sheets in 2022

Oil drilling rig, tanghai county of hebei province oil fields in China

The only immediate replacement for Russian energy is other fossil fuels, Moody's says

Double exposure of businesswoman in hipster shirt and wearing glasses working with tablet and oil and gas refinery industry plant in the night as Energy and Technology concept

‘Big oil lobbyists have had their time on the field,’ says PM Trudeau

Man refuel his car on gas station

The EU imported about 2.3 million barrels of oil per day from Russia in 2021.

Gas flaring. Torch against the sky.

War impacts on other exports and higher costs for consumers will likely cancel out any benefits, a CIBC report says

  • By: Staff
  • March 21, 2022 March 21, 2022
  • 15:26
Map of Ukraine

Damage is already felt worldwide, and risks are increasingly severe, the organization says

Inflation

Excluding gas, up 32.3%, February inflation would have been 4.7%