Canada’s oil industry thrives as sales to China soar
Record production comes as analysts say Venezuelan output is not likely to significantly hit demand in short term
Record production comes as analysts say Venezuelan output is not likely to significantly hit demand in short term

The country’s impact on global crude markets will remain limited in the short to medium term

Chinese producers fear similar US intervention in Iran would disrupt access to discounted crude supplies

Supermajor to focus on boosting production from existing operations rather than fast-track expansion, says finance chief

Investors will weigh short-term disruption to Venezuelan exports against potential to eventually pump more crude

Donald Trump to hold more talks with industry bosses as president flexes power over energy markets

Groups including Reliance stand to benefit as they seek low-cost alternative to sanctioned Russian supply