5 Dec 2018 The Western Canadian province of Alberta this week announced mandated temporary oil production cuts, a rare move aimed at bolstering 30 Jan 2020 Conversely, smaller oil and gas producers—most of whom have not had their crude production curtailed—are largely planning to cut back their 19 Mar 2019 The Canadian province of Alberta has further relaxed its production cuts, looking to increase the production quota in both May and June. This affected storage levels, Canadian crude oil prices and other aspects of the market. To protect the value of our oil, the Government of Alberta temporarily 21 Aug 2019 This had pressured Canadian crude prices to discounts of up to US$50 per barrel against West Texas Intermediate. The cuts, originally of
5 Apr 2019 January was the first month of temporary production cuts in Alberta. Compared with December 2018, Canadian production of crude oil and 19 Feb 2019 Consequently, Alberta intervened in the marketplace and forced Canadian companies to cut 325,000 barrels per day (kb/d) of oil production
Thursday, March 05, 2020 OPEC ministers agreed among themselves that oil production should be cut by 1.5 million barrels a day to offset the huge demand hit
19 Mar 2019 The Canadian province of Alberta has further relaxed its production cuts, looking to increase the production quota in both May and June. This affected storage levels, Canadian crude oil prices and other aspects of the market. To protect the value of our oil, the Government of Alberta temporarily
Demand for heavier crude oil is projected to increase as Canadian exports to the U.S. mid-continent maintain a competitive advantage and continue to displace 29 Jun 2017 Canada's oil output is expected to increase by 270,000 barrels a day in a third of Opec's production cuts that it made with allies like Russia at 28 Feb 1981 Barring unforeseen progress in the bitter resource-pricing dispute between Canada's federal Government and the province of Alberta, the 2 Nov 2018 A remarkable thing just happened in Canada's oil patch. Tar sands producers have actually started to cut oil production in the face of growing