GRAPHIC-Trump’s sanctions cut more OPEC oil output than OPEC itself — Financial Post

LONDON — Oil output in Iran and Venezuela, under U.S. sanctions, has fallen by more than that of other OPEC members party to a supply cut pact, suggesting President Trump’s policies have had a greater impact on oil production than OPEC itself. The sanctions have deepened the impact of supply cuts agreed by the Organization […]Continue reading “GRAPHIC-Trump’s sanctions cut more OPEC oil output than OPEC itself — Financial Post”

Western Energy sends drilling rig to southern U.S. as Canadian activity dries up — @FinancialPost @brownrbjr2002

CALGARY — Drilling companies continue to move rigs from Western Canada to the more active oilfields of the southern United States. Calgary-based Western Energy Services Corp. says it moved a drilling rig from Canada to the U.S. Permian Basin oil play in western Texas and southeastern New Mexico early this year and will likely move… viaContinue reading “Western Energy sends drilling rig to southern U.S. as Canadian activity dries up — @FinancialPost @brownrbjr2002”

‘Heavy-handed’ intervention will not alleviate Alberta’s pain in long-term — Financial Post

‘It’s extremely influential for really kickstarting Canadian oil prices’ via ‘Heavy-handed’ intervention will not alleviate Alberta’s pain in long term — Financial Post

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