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  • How Does The Price Of Oil Affect The Canadian Economy?

    Since the late 18th century, crude oil has been a sought-after commodity in Canada. The earliest oil exploration in the country came from the frontiersmen and aboriginal peoples who lived in the remote areas and territories of its wilderness. They observed and took note of the visibly abundant deposits of bituminous sands, also known as oil sands, along waterways in what is present-day Alberta. Numerous discoveries of substantial petroleum deposits ultimately…

  • How Does The Price Of Oil Affect The Russian Economy?

    An Oil-Rich History Russia is one of the world's largest major oil producers and has a long history of exploiting the commodity. Collection of seep oil in what is now Russian territory was reported as early 1264 by European explorer Marco Polo in the vicinity of the city of Baku in the Caucasus region when it was under the dominion of Persia. The earliest drilling for oil in Russia was…

  • XPD – Palladium

    Palladium is one of the world's rarest metals, is mined in Russia, South Africa, Canada and the US and mostly used for industrial and electronic purposes.

  • Crude Oil

    Crude oil is a naturally occurring petroleum product that can be refined for use in a wide variety of materials, such as gasoline, plastics, pharmaceuticals and other chemicals.


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