Oil price stall, global uncertainty prompt caution as oil firms roll out Q3 reports
Higher oil prices are expected to bolster returns as Canadian energy companies report third-quarter results over the next few weeks but observers say a recent stall in the crude price recovery and ongoing oil market uncertainty make increases in production and spending plans unlikely. Oil prices stabilized in the third quarter with U.S. benchmark…
Rally held in central Alberta town to call for immediate construction of new pipelines
A rally calling for the immediate construction of new pipelines was held Tuesday in a central Alberta town that’s been particularly hard-hit by the oil price differential that’s been inflicting economic pain across much of the province. Hundreds of people turned up at the demonstration outside the Clean Energy Technology Centre in Drayton Valley, Alta.,…