Tags » Oil Sands

Energy Sector Dealmaking On Pause- As Buyers Eye Bottom

Oil in Storage Rises More Than Expected Again

“You’re not going to lose anything by waiting,”

(Bloomberg) — When Whiting Petroleum Corp. put itself up for sale this month, the oil industry appeared… 890 more words

Energy

Crude glut: A lesson in supply and demand : Running Out Of Storage

A LESSON IN SUPPLY AND DEMAND

Oil traders are growing increasingly nervous that a glut of crude will send prices into a tailspin.

5 ways surplus oil will affect us… 1,645 more words

Energy

BMO Warns Oilsands Must Cut Costs

Canadian heavy oil prices fell below US$30 for the first time in more than six years as Bank of Montreal warned that oilsands producers must cut costs. 585 more words

Energy

The U.S. Has Too Much Oil and Nowhere to Put It = another drop in prices

The bottom line: A record 449 million barrels of oil are being stored in the U.S. Shrinking storage capacity will lead to another drop in prices. 1,039 more words

Energy

Crude Oil Is Crashing

On Wednesday, the price of oil was tumbling again, with West Texas Intermediate prices falling more than 8% to trade back below $49 a barrel. 254 more words

Energy

Can Canadian Oil Sands Survive Falling Prices?

Photographer: Ben Nelms/Bloomberg

A machine works at the Suncor Energy Inc. mine in this aerial photograph taken above the Athabasca Oil Sands near Fort McMurray, Alberta, Canada. 747 more words

Energy

Low oil prices and the contradictions of empire

Will low oil prices and the contradictions of empire foil Stephen Harper’s plans?

In a not-terribly-surprising move last week, Canadian Prime Minister Stephen Harper reversed previous pledges to inaugurate new emissions regulations for the oil-and-gas industry. 1,329 more words

Canada