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Commodity Pricing


Month: January 2021

Canadian oil by rail surges 87% in November 2020

Crude-by-rail exports hit an average of 170,000 barrels per day that month Canadian exports of crude oil by rail jumped 87 per cent in November as oil production rose in Western Canada amid limited pipeline capacity for heavy crude. The Canada Energy Regulator says rail shipments of oil amounted to 173,000 barrels per day, up […]

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Irving Oil lays off 60 employees at Saint John refinery

Company cites ‘extreme and serious impacts’ of COVID-19 pandemic Irving Oil laid off about 60 employees at the Saint John refinery Thursday, citing the “extreme and serious impacts” of the COVID-19 pandemic. These positions represent about seven per cent of the refinery workforce, according to a news release issued by the company. The job losses […]

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