BloombergSaudi Arabia's Energy Minister Sees Oil Recovering on OPEC CutsBloombergOil prices are set to recover next year as OPEC fulfills its agreement to cut output, halting the slump that battered the global oil industry, Saudi Arabia's energy mi …
Russian Oil: Cutting Against Projected GrowthOilPrice.comRussia has pledged to OPEC and other Non-OPEC countries to cut its oil output by 300,000 bpd in the first six months of 2017 in a joint effort to reduce the global oil glut by almost 1.8 million barr …
CBC.ca1000 unionized oil sands camp jobs lost and more to come: Trade unionCBC.caOil sands companies have cut about 1,000 camp jobs, including 170 workers at a lodge just north of Fort McMurray, the day after Christmas, trade unions said. "It's re …
CBC.caOil downturn leads to rise in underground contractorsCBC.caRenovation companies are warning about a rise in so-called tailgate contractors, who offer a low price but lack experience and don't follow the rules. The problem is particularly bad in A …
Oil Volatility To Increase During Brexit WeekOilPrice.comThe EUR/USD drop dragged WTI Q16 from $52.28 to $46.68 despite a supportive supply/demand forecast from the IEA, a steep drop in U.S. output and continued issues in Nigeria, Canada and Libya. We thin …
CBC.caOilfield hopes remain thin despite $2B in oil and gas producer financingsCBC.caA flurry of stock sale financings by oil and gas producers in Canada has sparked optimism among investors that the stalled drilling industry will soon go back to work. But …
CBC.caFort McMurray's fire rages, pushing oil up but loonie takes a dive anyway: BUSINESS WEEK WRAPCBC.caOil surged through the week as it became clear that the fire was enough to impact global supply. Ordinarily that would be good news for the loonie …
Sydney Morning HeraldACCC warns motorists still not gaining full benefits of low oil pricesSydney Morning HeraldThe Australian Competition and Consumer Commission has found that motorists are still not benefiting fully at the petrol bowser from the plunge …
Gizmodo AustraliaACCC Finds Crude Oil Savings Are Not Being Passed On To MotoristsGizmodo AustraliaHowever, Mr Sims noted that: “motorists are not fully benefiting from low crude oil prices as they use petrol in their vehicles, not crude oil, and the diffe …
CBC.caGoing bankrupt a bitter pill for NL worker in wake of oil price collapseCBC.caThe 46-year-old is one of a growing number of people from Newfoundland and Labrador tossed into turmoil because of a crash in the price of oil and other natural resources. …