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Saturday, September 19th, 2020
Home » Tag Archives: Canadian oil industry

Tag Archives: Canadian oil industry

With oil at under $8 a bbl, Canada is the first price-war casualty

Alberta oil sands

BLOOMBERG, March 19, 2020 🛢Benchmark price for Canada’s oil sands dips below $8 a barrel 🛢Industry that generates 10% of country’s GDP facing new crisis By Kevin Orland and Robert Tuttle for Bloomberg – In the oil price war between Saudi Arabia and Russia, the first big victim is likely to be Canada. Hit by unfettered supply from the world’s top two crude exporters and …

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