IEA Cuts Global Oil Demand Forecast as Renewed Lockdowns Limit Mobility
The International Energy Agency (IEA) has revised its 2021 oil forecast, cutting oil demand by 0.3 million barrels, as governments
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Oil
Biden Administration Temporarily Suspends Oil, Gas Drilling on Public Lands for 60 Days
Following the presidential inauguration on Tuesday, the Biden administration promised to act on its climate change plan within the first
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TC Energy Suspends Work on Keystone XL Amid Biden’s Plan to Revoke Permit
TC Energy Corp (TSX: TRP) announced earlier this week that it will freeze spending on the Keystone XL pipeline, which
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Canada Rushes to Save Keystone XL Pipeline Before Biden Administration Cancels it
Top officials in the oil-producing provinces of Alberta and Saskatchewan have called on the Trudeau government to take immediate action
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Exxon Mobil Being Investigated by SEC Over Permian Basin Asset Valuation
Shares of Exxon Mobil Plummeted by over 5% on Friday, following a report by the Wall Street Journal that reveals
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Natural Gas Is The Transition Fuel Of The Future – The Daily Dive feat Ronald Pantin of NG Energy
Starting off the week on the Daily Dive is that of Ronald Pantin, whom is CEO of NG Energy (TSXV:
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IHS Markit: Global Oil Demand Not Expected to Recover Until 2022
Despite optimistic vaccine rollouts that are beginning to unfold across many parts of the world, several key commodities will still
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IEA Expects Global Oil Demand Won’t Fully Recover in 2021
The pandemic-induced crude oil glut that has plagued 2020 is expected to subside by the end of the next year,
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IEA Reduces Oil Demand Forecast as Vaccine News Unlikely to Revive Crude Markets Soon
Although Pfizer Inc.’s coronavirus vaccine made some significant headway in the past week and pushed crude prices to a 10-week
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Libya Ramps up Oil Production to 1 Million Barrels Per Day Despite Market Oversupply
Despite the continued subdued global demand for oil, it appears that the already-oversupplied market has been pumped with even more
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