OPEC Oil Prices

• OPEC+ will slash oil production next month. Will Canadian gas prices change?

  OPEC+ will slash its global output by two million barrels per day in November at a time when international inventories of crude oil remain tight.

  Canada

  Oct 26, 2022
  
• Gas prices in Canada could rise further as OPEC+ sharply cuts oil production

  Gas prices in Canada continue to creep higher ahead of the Thanksgiving long weekend - and OPEC's move could add to the pain at the pumps.

  World

  Oct 5, 2022
  
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• OPEC, allied nations agree to extend oil production cut until end of July

  The curbed output represents some 10 per cent of the world's overall supply.

  Economy

  Jun 6, 2020
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• OPEC predicts slow rise in oil prices amid glut of crude

  OPEC now sees oil prices rising more slowly over the next few years than it had expected, as the oversupply of crude takes longer to work off.

  Money

  Nov 8, 2016