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2 dni temu · The agency’s World Energy Outlook said growth in near-term oil supplies will mainly come from Canada, the United States, Brazil and Guyana, though a slowdown in demand and a softening in energy prices are imminent given the expected global surge in electricity consumption and rise of electric vehicles (EVs). Advertisement 2. Story continues ...
11 sty 2022 · The Canadian Association of Energy Contractors said in November it is anticipating 6,457 oil and gas wells to be drilled this year, a more than 25 per cent increase from 2021. Oilpatch expects...
Our latest price forecast remains optimistic that current low natural gas prices are not here to stay with increasing near term demand for natural gas from heating, power, and liquid natural gas exports. Get the full story in our quarterly forecast. Download the forecast.
9 sty 2024 · Oil and gas prices are set to trade at two-year lows through 2024, according to a new forecast, giving consumers a potential break on heating and fuel costs. Meanwhile, producers in Canada's...
3 dni temu · In addition, global oil inventories are much lower today, currently standing at 4.4 billion barrels — the lowest on record since January 2017. Overall, J.P. Morgan Commodities Research forecasts Brent could average $80/bbl in the fourth quarter of 2024 and $75/bbl in 2025, declining to the low $60s by end-2025.
13 cze 2022 · After hovering around $120 US per barrel this week, there is plenty of speculation about where oil prices could go from here. Soaring to $150 or beyond isn't out of question.
25 maj 2023 · Higher oil prices are finally lifting the outlook for Canada's oilsands, 15 months after Russia's invasion of Ukraine, prompting S&P Global Commodity Insights' first upward production revision...
