05 December

Canada’s heavy-oil benchmark surged after Alberta announced its crude production cuts – and prices should see “further improvement” in the coming years, according to a research note. Western Canadian Select […]

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05 December

Premier Rachel Notley announced Sunday that the province will mandate a cut to oil production of 325,000 barrels per day in a bid to reduce a glut in storage and […]

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05 December

Alberta Premier Rachel Notley has announced a temporary 8.7 per cent oil production cut, or decrease of 325,000 barrels a day, starting Jan. 1, 2019. 1:37 Alberta Premier Rachel Notley […]

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05 December

New Brunswick Progressive Conservative Leader Blaine Higgs FREDERICTON – The premier of New Brunswick says he believes he can convince Quebec’s skeptical premier of the benefits of reviving the Energy […]

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05 December

Oil slipped in choppy trade on Wednesday ahead of a meeting of the world’s biggest exporters who will discuss cutting output to help shore up prices and curb excess supply. […]

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05 December

Enbridge Inc’s Mainline oil pipeline system resumed service overnight after a temporary outage and reduced flow rates due to severe weather in Saskatchewan, Canada, trade sources told Reuters on Wednesday. […]

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05 December

Alberta Premier Rachel Notley speaks to cabinet members about an 8.7 percent oil production cut to help deal with low prices, in Edmonton on Monday December 3, 2018. THE CANADIAN […]

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05 December

CALGARY — Oilsands producer Canadian Natural Resources is setting its 2019 capital budget at $1-billion less than its "normalized" range but says it will ramp up spending if heavily discounted […]

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05 December

Summary After making new highs in early October, oil prices plunged lower in October and November. For November alone, $WTIC crude oil prices fell -22.0%, $BRENT oil prices fell -21.3%. […]

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05 December

Alberta’s decision to mandate output cuts to reduce a supply glut will have negative effects on North American producers of lighter oil used for blending and U.S. refiners importing crude […]

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