Did Iverson make sense to you?I'm aware that Trudeau already did what Harper couldn't.
You should be thankful.
Did Iverson make sense to you?I'm aware that Trudeau already did what Harper couldn't.
You should be thankful.
All the faux shock over May saying exactly what everyone else is thinking.
Everyone?What everyone else *already knows*
Trudeau / Notley.. That's what we've been doing here
'Nuff said
Norway also leads the world in e vehicle adoption.Norway is a shining example of how to use oil profits.
Save, save, save....invest, invest, invest.
What the hell have we been doing here?
Norway also leads the world in e vehicle adoption.
But what do they know?
Spend spend spend , it is the Liberal way .Norway is a shining example of how to use oil profits.
Save, save, save....invest, invest, invest.
What the hell have we been doing here?
Spend spend spend , it is the Liberal way .
tater tot has done enough damage to account for 100 years of mismanagement
Good campaign slogan. "Trudeau - A Century of Experience!"tater tot has done enough damage to account for 100 years of mismanagement
Good campaign slogan. "Trudeau - A Century of Experience!"
OPEC Slashes 2020 Oil Demand Forecast By 9 Million Bpd
In its closely watched Monthly Oil Market Report published today, OPEC revised down, again, its global oil demand forecast for this year by a massive 2.23 million barrels per day (bpd), and now sees global oil demand falling by 9.07 million bpd in 2020 compared to 2019.
Along with slashing demand projections, OPEC also took an ax to its forecast for non-OPEC supply this year, revising it by nearly 2-million-bpd from last month. Currently, non-OPEC supply is expected to drop by 3.5 million bpd this year, driven by “production shut-ins or curtailment plans announced by oil companies – including the majors – particularly in North America.”
https://oilprice.com/Energy/Crude-O...Oil-Demand-Forecast-By-9-Million-Bpd.amp.html
Must be 'tater tot's' fault...
May and Blanchet declare the oilpatch 'dead,' warn Ottawa against financial supports
They know they're about 1/30th the area of Canada or the USA.Norway also leads the world in e vehicle adoption.
But what do they know?
LONDON (Reuters) - Oil prices rose on Monday, supported by tighter supplies and a string of data expected to show economic recovery across the globe and despite a spike in coronavirus cases in the United States and other countries.
Brent crude was up 73 cents, or 1.7%, to $43.53 per barrel by 0808 GMT. U.S. West Texas Intermediate (WTI) crude was up 28 cents, or 0.7%, at $40.93.
"The market appears to be shrugging off the surge in COVID-19 cases in the United States," ING said, adding that data for several cities in affected states did not show a significant reduction in road traffic week on week.
Market sentiment was also positive as investors expected a string of improving economic data.
In China, the economy is recovering while its capital markets are attracting money, setting the scene for a healthy bull market, the official China Securities Journal said in an editorial on Monday.
Traders were also keeping an eye on U.S. non-manufacturing activity, German industrial orders for May, and retail sales for the eurozone, all due on Monday and all expected to be positive.
Graphic: World demand and supply for oil https://fingfx.thomsonreuters.com/gfx/editorcharts/yxmvjlnomvr/eikon.png
The implied volatility for Brent crude has dropped to its lowest level since prices started collapsing in March as markets remain focused on tightening supplies as production by the Organization of the Petroleum Exporting Countries (OPEC) fell to its lowest in decades.
OPEC and other producers including Russia, collectively known as OPEC+, have agreed to lower output by a record 9.7 million barrels per day (bpd) for a third month in July.
"While risks on the demand side are weighing on prices, the good discipline with OPEC+ is lending support," Commerzbank analyst Eugen Weinberg said.
Saudi Arabian oil producer Aramco raised August official selling prices (OSPs) for its Arab light crude.
U.S. production, the world's largest, is also falling. The number of operating U.S. oil and natural gas rigs fell for a ninth week, although the reductions have slowed as higher oil prices prompt some producers to start drilling again.