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  1. Jan 10, 2024 · It's going to be another year of low oil prices, according to a recent report from Deloitte Canada, with prices seeing levels close to what they were in 2021. The consultancy firm said the...

  2. Oil prices in 2023 were volatile as the market faced several uncertainties. Rising geopolitical tensions, which typically drive up prices as supply concerns overtake the market, did not move oil prices upward and expectations for softening demand growth—the EIA forecasts an increase in demand of.

    • End-use energy intensity trends by end-use subsector, Global Net-zero scenario. Description: This line chart shows energy intensity trends by end-use subsector in the Global Net-zero scenario from 2021 to 2050 (indexed to 100).
    • Kaya identity, or trends in key drivers of GHG emission levels, Global Net-zero scenario. Description: This line chart shows trends in the main drivers of greenhouse gas (GHG emissions), or Kaya identity in the Global Net-zero scenario.
    • 2050 GHG emissions, Global Net-zero scenario. Description: Net zero GHG emissions by 2050 means that any remaining emissions across the economy are offset by an equal number of removals.
    • Bioenergy demand by type and end-use sector, Global Net-zero scenario. Description: This stacked bar chart shows bioenergy demand in Canada’s four end-use sectors for the Global Net-zero scenario.
  3. Jan 9, 2023 · Whether it was heating your home or filling up your vehicle, Canadians saw gas and oil prices soar to record highs last year. 2023 will not be much different, say experts.

  4. The sector is transforming. So is our price forecast. Deloitte’s energy, oil, and gas price forecast takes many factors into account, including historical trends, future market changes, current supply and demand, and global geopolitical changes.

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  5. Nov 24, 2023 · In the Canada Net-zero Scenario, CCUS is particularly important because production of oil and natural gas is higher due to higher global demand and oil and gas prices. We also project some electrification of conventional oil and natural gas production currently met by fossil fuels.

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  7. Dec 14, 2022 · After a umper year of share buybacks and dividends, BMO Capital Markets analysts have predicted that debt-light Canadian oil and gas producers are poised to reward shareholders even more in...

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