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Tag Archives: #CL

Intelligence Report: Oil Prices Set To Rise On Back Of OPEC Deal Extension

  Chart of the Week Refined product exports from the Central Atlantic have been unusually high so far in 2017.  Exports from the region hit a record high in February at 103,000 bpd. •    Shipments of refined product were elevated because of competitive pricing compared to the global market, a reflection of …

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Intelligence Report: OPEC Extension Comments Drive Oil Prices Past $50

Friday, May 19, 2017 The rally stemming from the announcement of Saudi Arabia and Russia on a nine-month extension seemed to have run its course by mid-week, but oil moved higher again on Friday. WTI rose above $50 for the first time in nearly a month.    Trump turmoil. Political crisis …

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Alberta’s Conservative Parties Band Together Behind Oil Industry

Two political parties in oil-rich Alberta – the Progressive Conservative Party and the Wildrose Party – have tentatively agreed to merge, according to a new report by Reuters. The conjoined party will become the opposition to the New Democratic Party in the Canadian province, a spokesperson from Wildrose said on Thursday. The …

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