It was looking as if OPEC and Russia would deliver a lump of coal for Christmas, especially with President Donald Trump being an industry scrooge, wanting oil prices to go even lower. Yet the cartel delivered an early Christmas gift by announcing a production cut that appears large enough to stabilize international oil prices.
December 13, 2018, 6 AM MST
December 11, 2018, 4:41 AM MST
What a difference one OPEC+ meeting makes.
December 10, 2018, 8:36 AM MST
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There will continue to be a role in the world for Canadian heavy crude, although Canada will have to be more reliant on its own oil companies to develop new oilsands projects with the departure of foreign investors, a global oil market strategist said Tuesday.
November 7, 2018, 4:43 AM MST
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November 6, 2018, 9:19 AM MST
October 29, 2018, 11:14 AM MDT
October 23, 2018, 7:57 AM MDT
In response to the Saudi government’s diplomatic spat with Canada in early August over some mild criticism about the country’s horrific human rights record under de facto leader Crown Prince Mohammed bin Salman (MBS), I argued the federal government should maintain the moral high ground and continue to import crude from the kingdom (see Canadian Pawn Takes King In Saudi Game Of Thrones). The Khashoggi affair has caused me to reassess this position and I now believe Canada should stop importing Saudi oil.
October 22, 2018, 8:15 AM MDT
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