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Jun 8, 2022 · Why high oil prices aren't creating an economic boom in Canada. Typically that discount is about $10-$15 US a barrel, but recent events have pushed the gap to beyond $20. That's the widest...
Nov 26, 2021 · The bullish sentiment for oil was supported by big price gains over the last year, lifted by surging energy demand as economies emerged from pandemic lockdowns and health restrictions.
Jun 4, 2024 · Oil prices continued their slide on Tuesday on skepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.
Oct 19, 2023 · Low prices mean that some companies will take a loss on each barrel they produce from high-cost sites. That, in turn, incentivizes the companies to slow their production.
Oct 21, 2021 · Oil and natural gas prices have risen considerably over the past nine months. The price of Western Canadian Select crude oil (WCS, the benchmark price for Alberta oil) averaged US$45.13 per barrel in January 2021. By the first week of October, that price had increased to $64.78 per barrel.
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 slump is...
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May 24, 2022 · Why high oil prices aren't creating an economic boom in Canada; Amid record-high national gas prices, Calgary's Suncor triples profits in a year
