Fuel

Fuel prices tend to ease off around this time of year, but one industry expert says drivers should expect no such relief this time.

Shell is expanding its company-owned convenience retail presence in the United States by acquiring full ownership of Tri Star Energy.

The federal government is extending the suspension of federal fuel excise taxes until the new year to help Canadians feeling the pressure from higher energy costs caused by instability in the Middle East.

Inflation, meanwhile, has fluctuated sharply in response to gas price volatility.

Ottawa clears final regulatory hurdles for the multibillion-dollar transaction.

Statistics Canada says the annual rate of inflation accelerated to three per cent in July as motorists were once again paying more to fill up their tanks.

Economists expect inflation edged higher in July as consumers were getting whiplash at the gasoline pumps.

Canadian Tire Corp., Ltd. reported its second-quarter profit rose compared with a year ago as its revenue also climbed higher.

With the gas tax relief set to expire soon, Premier Doug Ford is pressing Prime Minister Mark Carney to extend the cuts or make them permanent.

The integrated energy company reported strong cash generation and outlined strategic portfolio shifts, even as operational performance faced headwinds from planned maintenance and geopolitical tensions.