For the third consecutive year global energy investment declined in 2017 to US$1.8 trillion, or a decline of two per cent in real terms, the International Energy Agency (IEA) said in its latest market forecast released today.
July 17, 2018, 6 AM MDT
Crude-by-rail exports, which set a record in April, are expected to continue to rise as coastal refiners facing higher offshore prices look for cheaper crude in Western Canada where pipeline constraints have resulted in price discounts, say those in the industry.
July 16, 2018, 8:57 AM MDT
The Canadian Association of Petroleum Producers (CAPP) released the 2018 edition of its Crude Oil Forecast, Markets and Transportation report last month. It is a very useful report in some ways, but unfortunately the crude forecasts in these reports have long suffered from myopia.
July 16, 2018, 7:58 AM MDT
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