OPEC
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Kenney unconcerned with OPEC demand drop, says ‘real world’ needs oil and gasJason Kenney told reporters Tuesday there will be a supply crunch once global demand recovers after the COVID-19 pandemic and Alberta 'will be there.'CanadaSep 15, 2020
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OPEC cuts oil demand forecasts, BP sees ‘peak oil’ in 2020sDeveloping countries' difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Monday.CanadaSep 14, 2020
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Oilpatch optimism expected to rise as difficult second quarter finally ends: analystsAnalysts say a rebound in oil prices as consumer demand for gasoline rises will buoy energy companies as they give quarterly results starting next week.CanadaJul 14, 2020
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OPEC, allied nations agree to extend oil production cut until end of JulyThe curbed output represents some 10 per cent of the world's overall supply.EconomyJun 6, 2020
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Higher prices motivate Canadian producers to boost oil productionWestern Canadian producers are moving to restore some oil production as crude prices rise with demand thanks to the gradual opening of the world economy and OPEC and Russian output cuts.MoneyMay 26, 2020
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COMMENTARY: Oil is not ‘dead’ despite the eagerness of some to write its obituaryThe prime minister will hopefully continue to ignore those who claim the oil and gas industry is dead, Rob Breakenridge says.CommentaryMay 9, 2020
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Lowest Saskatchewan gas prices in years possible this summer: analystA GasBuddy.com analyst says the rebound in gas prices should get back to around a dollar a litre in Saskatchewan this summer.ConsumerMay 8, 2020
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Steadier prices no cure for Western Canada’s natural gas producer woesCalgary-based Keyera Corp. is moving ahead with a plan to close and dismantle four central Alberta gas processing plants over the next two years.CanadaApr 21, 2020
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Oil prices are in the negative: COVID-19 rules to stay home played a huge partAs oil prices dropped to unprecedented negative levels Monday, experts say it's the result of an oversupply problem due to COVID-19 stay-at-home orders.EconomyApr 20, 2020
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Coronavirus: Mideast economies to sink into recession this year, IMF saysThe Middle East, already wracked by high numbers of unemployed youth, unrest, conflict and large numbers of refugees, will sink into a recession this year sparked by the double shock of the coronavirus outbreak and low oil prices, the International Monetary Fund said Wednesday.WorldApr 15, 2020
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