World Oil Prices

• Cenovus spending cut expected to set trend as sector adjusts for oil prices

  Cenovus says it is cutting its capital spending plan for this year by 32 per cent due to the recent plunge in world oil prices.

  Canada

  Mar 10, 2020
  
• Oil price nosedives after OPEC, Russia fail to agree on massive output cut

  Talks between OPEC and non-member allies like Russia ended Friday without a deal on cutting oil production to limit a drop in the price of oil as the virus outbreak slashes demand,

  Consumer

  Mar 6, 2020
  
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• Oil prices fall to US$ 53 amid growing supply, economic worries

  Analysts worry about surging production and the possibility of weaker global demand ahead.

  Money

  Jan 2, 2019
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• Oil prices fall even as OPEC extends output cut

  Oil prices fell on Thursday as OPEC prepared to extend limits to production by nine months to March 2018 in an attempt to drain a glut that has depressed markets for almost three years.

  Economy

  May 25, 2017