Oil dips below $80 as Powell warns recession could be on the way

Oil prices fell 5% early Friday, with the US benchmark plunging to its lowest level since January, amid heightened concerns about slowing economic growth and looming recessions. At 10:06 a.m. ET on Friday, WTI Crude had dipped below $80 a barrel and was trading 5.58% to $78.83 a barrel. Brent Crude, the international benchmark, stood … Read more

Albertans see tax hike on gas prices October 1

Albertans will see a partial refund of the provincial fuel tax on the price of gasoline and diesel from Oct. 1, as retailers have been told by the UCP government to collect 4.5 cents per liter. Retailers were notified of the change through a special notice sent by the county on Sept. 21. READ MORE: … Read more