President Biden to release 15 million barrels from oil reserve in wake of OPEC+ cut
President Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve as part of a response to recent production cuts announced…
Tag: <span>OPEC</span>
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Stock markets fall, oil prices plummet as COVID-19 fears rise again
The Toronto Stock Exchange had its worst day in months on Monday as rising COVID-19 infections around the world gave investors a sobering reminder that the pandemic…
Pump prices expected to continue climb as oilpatch eyes better days ahead
With oil prices recently returning to some of their highest levels in years, experts say drivers should prepare to pay even more at the pumps as the…
Biden indicates plans to cancel Keystone XL pipeline permit on 1st day in office, sources confirm
U.S. president-elect Joe Biden has indicated plans to cancel the Keystone XL pipeline permit via executive action on his first day in office, sources confirmed to CBC…
Alberta unconcerned about OPEC prediction for slower growth in oil demand over next 25 years
Alberta's energy minister is unconcerned about a new report by the Organization of the Petroleum Exporting Countries (OPEC) that suggests demand for oil will plateau in a…
OPEC appoints Adekunle, Alternate Chairman Economic Commission Board
The Organisation of Petroleum Exporting Countries (OPEC) on Friday, announced the appointment of Mr Olusegun Adekunle as the Alternate Chairman of the Economic Commission Board. OPEC made…