Oil Prices Plunge to 5-Month Low as New Lockdown Restrictions Crush Demand
As coronavirus cases rise rapidly around the globe, fears of the second, much more severe wave have been rippling through
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Oil
Precision Drilling Announces 20 To 1 Reverse Split
With the coronavirus pandemic continuing to harm oil operations globally, oil operators have continued to see their equity hit new
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Cenovus To Cut Roughly 25% Of Jobs Following Husky Merger
Literally days after Goldman Sachs warned of mergers and acquisitions leading to job losses, it appears we have our first
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Big Banks Turning Their Back to Big Oil as Global Energy Transition Ensues
As much of the world transitions towards a carbon-reduced, green energy future, Big Banks have taken notice, and as a
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US Oil Jobs in Peril: Many Will Never be Recouped Even in the Post-Pandemic World
As the demand for crude oil is slated to remain subdued for the foreseeable future amid the pandemic, the US
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IEA Anticipates Global Oil Demand Growth Will Come To An End Within the Decade
The global oil market is about to face some very difficult times ahead. According to a latest forecast released by
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BMO Capital Markets Initiates Coverage On Multiple Oilfield Servicing Firms
This week, BMO initiated coverage on several large-cap U.S oilfield services. BMO’s Phillip Jungwirth commented on the initiations, stating, “the
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US President Donald Trump Approves $22 Billion Railway Project Connecting Alberta to Alaska
As Alberta’s oil-reliant economy suffers an unprecedented contraction as a result of coronavirus-induced oil demand declines, it appears that there
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OPEC Members Growing Increasingly Desperate for Higher Oil Prices as Crude Demand Remains Subdued
As the demand for crude oil collapsed amid the pandemic, OPEC had no choice but to reduce output as a
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Gasoline Demand Across The US Crumbles As Summer Driving Season Comes End
As the summer driving season in the US comes to an end, the demand for fuel is beginning to collapse
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