Tag Archives: oil prices

Moody’s: Global oil industry to focus on disciplined investment, M&A for growth in 2018

Oil prices will remain at $40-$60 per barrel in 2018 despite the extension of OPEC-led production cuts through the end of the year, Moody’s Investors Service says in its 2018 credit trends report for the global oil and gas industry. Higher prices within or above that range will see supply…

The Oil Story – Moving the province’s oil via rail – Pt. 2

The allure of rail The aforementioned CAPP report identifies several beneficial reasons to transport crude oil by rail, aside from the “constrained pipeline capacity” situation that currently exists. Additional advantages include: Speed to market: Getting oil to the refinery more quickly means producers are paid sooner and refiners get feedstock…

Investing in the Future – Saskatchewan government helps build oil industry

“Build it and they will come” seems to be a motto that the Saskatchewan government is taking to heart, especially as it relates to the oil and gas producing industry. The province is the number two oil producer and number three gas producer in the country – which is impressive…