Rashid Husain Syed - Calgary's Business

Canada put all its oil eggs in one basket and lost its leverage

Posted by Rashid Husain Syed | Jan 26, 2026

For years, Canada relied on the U.S. to take its oil. Now that bet is coming back to haunt us

Posted by Rashid Husain Syed | Jan 19, 2026

Trump is moving quickly to monetize Venezuelan oil, but major companies remain cautious about committing capital

Posted by Rashid Husain Syed | Jan 12, 2026

Follow the oil and the dollar, and the logic behind U.S. actions toward Venezuela becomes clear

Posted by Rashid Husain Syed | Dec 16, 2025

Oil markets are shrugging off war and sanctions, a sign that oversupply now matters more than disruption

Posted by Rashid Husain Syed | Dec 8, 2025

If Venezuela restores production, U.S. refiners would have new options that could erode Canada’s long-standing position in the heavy-crude market