In The Spotlight
Top oil executives in Singapore face a grim outlook as China’s economic slowdown and changing energy dynamics affect profits. Processing margins have declined, and OPEC’s supply adjustments haven’t stabilized prices, leading to bearish sentiment among traders and analysts.
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Crude trades over $US80 a barrel as the US says Iran could attack Israel this week; Energy prices jump after Ukraine incursion into Russia: CSL to report.
Since 2001, Canadian productivity has grown at the same rate as in the U.S. once the oil sector is excluded from the calculations
A number of firms are offering grants and other support to help with energy costs