Athabasca Oil Corporation expects Western Canadian Select (WCS) prices to strengthen in the back half of 2023 and into 2024.
May 11, 2023, 6:11 AM MDT
Gas-weighted North American operators faced extreme price volatility in 2022. Panic over gas shortages in Europe leading into winter due to the war in Ukraine drove North American natural gas prices to levels not seen since the early 2000s.
May 10, 2023, 7:02 AM MDT
May 10, 2023, 12 AM MDT
Higher commodity prices in 2022 resulted in a major jump in operating cash flow and free cash flow for North American exploration and production companies, according to Evaluate Energy analysis of 88 North American operators with production over 5,000 boe/d.
May 9, 2023, 6 AM MDT
May 5, 2023, 8:47 AM MDT
Tourmaline Oil Corp. reported record production in the first quarter of 2023, with its ongoing market diversification and hedging program driving financial results.
May 4, 2023, 8:48 AM MDT
As a result of “anticipated ongoing weakness and volatility” in natural gas prices, Kiwetinohk Energy Corp. is moderating its pace of production growth for 2023 and is lowering capital spending.
May 3, 2023, 1:02 PM MDT
MEG Energy Corp. will look to expand its export capacity off the U.S. Gulf Coast from its current level of 500,000 bbls per month of contracted dock space, Derek Evans, president and CEO, told a Q1 conference call this morning.
May 2, 2023, 11:12 AM MDT
May 2, 2023, 10:47 AM MDT
April 28, 2023, 9:43 AM MDT
This report examines the key drivers of crude and natural gas markets, inflation, Russian sanctions, and how these factors shape our global price forecast.
April 24, 2023, 6 AM MDT
April 24, 2023, 12 AM MDT
April 21, 2023, 10:24 AM MDT
This report examines the key drivers of crude and natural gas markets, inflation, Russian sanctions, and how these factors shape our global price forecast.
April 21, 2023, 7:44 AM MDT
April 21, 2023, 7:27 AM MDT
The first quarter of 2023 can be described as a time of consequences. In particular, WTI and Brent prices evolved along trends driven that were generally in existence since 2022. Specifically, the European war, rapidly escalating interest rates, and a long predicted, but still not materialized recession. Gas prices are always dependent on weather, and gas buyers got significant relief due to a warm winter.
April 19, 2023, 6 AM MDT
April 19, 2023, 12 AM MDT
The first quarter of 2023 can be described as a time of consequences. In particular, WTI and Brent prices evolved along trends driven that were generally in existence since 2022. Specifically, the European war, rapidly escalating interest rates, and a long predicted, but still not materialized recession. Gas prices are always dependent on weather, and gas buyers got significant relief due to a warm winter.
April 18, 2023, 6 AM MDT
April 14, 2023, 7:23 AM MDT
North American oil and gas operators reported a major jump in realized hedging losses in 2022 as the Russian invasion of Ukraine and subsequent efforts to curb its production resulted in a major uptick in commodity prices.
April 11, 2023, 6 AM MDT
April 6, 2023, 8:59 AM MDT
Deloitte Canada is expecting only modest improvement in currently weak North American natural gas prices as 2023 unfolds as the factors that have affected the market continue to be in play, the firm said in its latest oil and gas forecast released this morning.
April 5, 2023, 3:26 AM MDT
Canadian natural gas production shifted west from the Alberta Prairies to the northwest Foothills and into the prolific B.C. Montney over the last decade, resulting in transportation bottlenecks getting gas to export market that led to wild AECO price volatility.
April 4, 2023, 7:26 AM MDT
The aftershock of Sunday’s OPEC+ announcement that it would further curtail crude output by more than one million bbls/d threw the oil market into unexpected upward flux Monday, as both West Texas Intermediate (WTI) and Brent gained more than six per cent on the news.
April 4, 2023, 11:03 AM MDT
Starting today, the Daily Oil Bulletin is partnering with One Exchange to continue to provide relevant pricing data.
April 3, 2023, 6 AM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.