As the U.S. asserts control over Venezuelan oil, we dig into the potential consequences for Alberta, Canada and the world.

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Venezuelan crude oil was being offered this week to U.S. Gulf Coast refiners at a premium to competing Canadian barrels, two ...

Canadian grades which load from Vancouver in British Columbia, take about 17 days to reach Qingdao in China. That’s far ...

Canadian crude oil is low risk and will stay competitive even if output in Venezuela rises after the U.S. capture of ...

The shocking capture of Venezuelan President Nicolas Maduro over the weekend by US forces is already reverberating across the oil market in the Americas, particularly Canada.

Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. At least seven explosions and low-flying aircraft ...

Venezuela holds 303 billion barrels – or roughly 17% – of global oil reserves, the largest proven reserve of any country. President Donald Trump says the U.S. plans to take over Venezuela’s oil, with ...

President Donald Trump said Saturday that the removal of Venezuela President Nicolás Maduro from power will open the door to the country’s vast oil reserves, a move that has the potential to reshape ...

The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. An undated file ...

This story is part of a selection of our top news from 2025 that we’re republishing during the holiday break. We’ll be back to our regular schedule in the new year. Originally posted: November 26, ...

Environmental contractors clean crude oil from a tank at the Village Creek Wastewater Treatment Plant on May 8, 2025. Environmental Protection Agency The large oil spill that contaminated a Fort Worth ...