Canada’s 2021 Drilling Forecast Upgraded Due to Higher Commodity Price Outlook
Amid a rise in global crude oil prices in the beginning of the year, the outlook for commodities may finally
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Oil Production
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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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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Canada’s Oil Industry Suffers Rebound Slowdown as Production Increases by Only 3% in June
It appears that crude oil production in Canada has been on a slight rebound since May, increasing by 3% according
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Canada’s Crude Oil Production Falls Nearly 19% Since January Amid Pandemic
It appears that Canada’s oil industry has been hit significantly hard by the severe implications stemming from the coronavirus pandemic.
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