Tags » CRUDE Oil Prices

Saskatchewan expecting major increase in oil and gas production

The Petroleum Services Association of Canada (PSAC) is predicting a major increase in oil and gas activity in Saskatchewan for 2017.

The PSAC forecast includes a significant increase in the number of wells drilled in the province to a new total of 2,600 wells, which is up from 1,940 wells in the original forecast. 140 more words

Canada

Crude Oil Prices

Where exactly is crude oil prices headed from here?

The price of crude has had a volatile period since the beginning of 2016. After touching a low of around $30/bbl in early 2016, crude bounced back sharply to almost the $45 level. 462 more words

Market & Economy Update

U.S. Energy Stocks, Darlings Last year, Stumble in 2017

The energy sector is the stock market’s dud so far in 2017 after a banner performance in 2016, and the rest of the year may also be rocky for investors due to the unclear path for crude oil prices. 589 more words

Finance

OPEC, Russia head to Texas for an away game in oil price wars - Patti Domm

Crude oil prices are being pumped by OPEC’s production cuts, but they are at risk of being knocked down by a gusher of new U.S. shale drilling. 893 more words

Inflation numbers doesn't mean the consumer is back

Let’s look at the Consumer Price Index that was released Wednesday by the Labor Department.

The report said inflation had its biggest monthly jump in almost four years for pricing. 287 more words

Economy

Gold slips as dollar strengthens against yen

Gold slipped on Monday as the dollar made stronger against the yen after Trump-Abe meet. Spot gold had slipped 0.31% to USD 1,230.22 per ounce, while US gold futures were down 0.36% at USD 1,231.3. 67 more words

Commodity Tips

Optimism in oil and gas industry drives Canadian drilling forecast higher in 2017

The Petroleum Services Association of Canada says it’s raising its forecast for drilling activity for 2017 in view of rising optimism in the oil and gas industry. 143 more words

Money