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1 day ago · In 2020, Transport Canada reported that fuel price increases caused by the heavy fuel oil ban could increase expenditures in Nunavut by up to $679 per household as community resupply products become more expensive.
5 days ago · The Oil and Gas industry has stayed flat over the last week. As for the the longer term, the industry is up 18% over the past 12 months. Earnings are forecast to grow by 6.9% annually.
4 days ago · In general, gas prices tend to be lower at the beginning of the week. However, this can vary and is influenced by several factors such as regional taxes, the level of competition, the amount that outlet sells, and the type and location of stations.
3 days ago · For full-year 2020, we think demand was down about 7.5% year-over-year, which led to an oversupply situation that caused oil prices to crash below $10/bbl and reduced drilling activity to its lowest levels in modern history.
3 days ago · US & International News. Oil Prices Steady After Large U.S. Crude Inventory Draw. July 3, 2024.
1 day ago · Brent crude oil opened the year of 2020 amidst an uptrend that began in November 2020 from $38.84 per barrel and continued the rally to $68.72 per barrel until early March 2021. Since the 2022 year opening price of $78.09 per barrel, today’s Brent crude oil price is up 10.77%.
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4 days ago · Early June saw OPEC+ extend its 3.66 million barrels per day (bpd) of production cuts to the end of 2025. It also announced that it would extend another 2.2 million bpd to the end of September 2024.
