Tag Archives: oil price

Oil Price strengthens as demand increases

The price of oil is on the rise amid speculation that demand is strengthening, curbing a supply surplus.

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A-Z An Encyclopedia of declining oil prices

Having trouble keeping track of the multitude of factors affecting the price of oil and the buzzwords associated with them? We are too. Here’s an quick little Encyclopedia of terms relating to

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Imperial Oil pushes forward with multibillion-dollar oilsands projects.

Despite lower oil prices, Imperial Oil ltd is pushing ahead with projects. If the price of oil stays in the ~$50 price range, we may start to see a lot more mergers/acquisitions as large companies with huge cash reserves pick … Continue reading

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Fort McMurrayites appreciate the pause but aren’t panicking.

Just as we saw during the recession in ’08 & ’09, a slower-paced Fort McMurray will give the city a chance to catch up with infrastructure, give the province more time to twin Highway 63, give developers time to expand … Continue reading

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OPEC is bullish on Oil prices

OPEC’s Secretary-General Abdulla al-Badri sees a real possibility that oil prices could explode higher to upwards of $200 per barrel in the future. What he’s stating is that as the world slows its investments in oil production, something we’re intimately … Continue reading

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Positives of lower oil prices

Up here in Fort McMurray, the price of oil is has a direct impact on our lives. With a lot of negative press swirling about the declining price, here’s an upside to low oil prices.

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